Guideline Value for Annai Sathya Nagar

Annai Sathya Nagar guideline value

The current guideline value of Annai Sathya Nagar is Rs 1,003 per sq.ft. This area is located in Kuniyamuthur village and falls under the Coimbatore South Joint 1 SRO. The land classification for this street is Residential Class II Type - II.

How the guideline value of Annai Sathya Nagar has changed

The guideline value for Annai Sathya Nagar has undergone several revisions. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision set the value at Rs 1,000 per sq.ft, which was then increased to Rs 1,003 per sq.ft in the 2024 revision, reflecting a change of +0% from the previous year.

In summary, the guideline values for Annai Sathya Nagar have been Rs 1,000 per sq.ft in 2023 and Rs 1,003 per sq.ft in 2024. The current value is equal to the median guideline value for other streets in Kuniyamuthur, which is also Rs 1,003 per sq.ft.

Guideline values in Kuniyamuthur

In Kuniyamuthur, there are 410 streets under the Coimbatore South Joint 1 SRO, with guideline values ranging from Rs 1,000 to Rs 1,550 per sq.ft. Annai Sathya Nagar's 2024 figure of Rs 1,003 per sq.ft is at the median of this range.

• Annama Naicker Street: Rs 1,000 per sq.ft (2024)
• Anna Nagar: Rs 1,001 per sq.ft (2024)
• Andavar Colony: Rs 1,003 per sq.ft (2024)
• Anbu Nagar: Rs 1,001 per sq.ft (2024)
• Ammasai Konar Street: Rs 1,003 per sq.ft (2024)
• Aranmanai Thottam: Rs 1,003 per sq.ft (2024)

Stamp duty and registration fee for property in Annai Sathya Nagar

For a 1,000 sq.ft plot at the current rate of Rs 1,003 per sq.ft, the guideline value would be Rs 10,03,000. The stamp duty at 7% would amount to Rs 70,210, and the registration fee at 2% would be Rs 20,060, totaling Rs 90,270. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Annai Sathya Nagar?

The Sub Registrar Office that covers Annai Sathya Nagar is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001, in the Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Kuniyamuthur

The guideline value is a crucial factor in property transactions in Kuniyamuthur, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value during negotiations to ensure compliance with local regulations.

When registering a property, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that both parties are paying the correct amounts based on the established values set by the registration department.

Frequently asked questions

What is the current guideline value of Annai Sathya Nagar?

The current guideline value of Annai Sathya Nagar is Rs 1,003 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Annai Sathya Nagar has changed from Rs 1,000 per sq.ft in 2023 to Rs 1,003 per sq.ft in 2024. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Annai Sathya Nagar?

The land classification for Annai Sathya Nagar is Residential Class II Type - II. This classification is important for understanding the intended use of the land.

What are the stamp duty rates for property transactions?

The stamp duty for property transactions in Annai Sathya Nagar is charged at 7% of the guideline value or the sale price, whichever is higher. Additionally, there is a registration fee of 2% on the guideline value.

Where can I find the Sub Registrar Office for Annai Sathya Nagar?

The Sub Registrar Office for Annai Sathya Nagar is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. This office handles all property registrations for the area.