Guideline Value for Annai Thresa Street

Annai Thresa Street guideline value

The current guideline value of Annai Thresa Street is Rs 1,003 per sq.ft, effective from 1 July 2024. This street is located in Uppilipalayam village, under the Singanallur SRO, and is classified as Residential Class III Type - I.

How the guideline value of Annai Thresa Street has changed

The guideline value for Annai Thresa Street has seen several revisions over the years. The 2012 revision set the value at Rs 600 per sq.ft, which increased to Rs 402 per sq.ft in the 2017 revision. Following this, the value rose significantly to Rs 1,000 per sq.ft in the 2023 revision and now stands at Rs 1,003 per sq.ft in the 2024 revision. It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

From the 2012 revision to the 2017 revision, there was a decrease of 33%. However, from the 2017 revision to the 2023 revision, the value increased by 149%. Overall, from 2012 to 2024, the guideline value has increased by 67%.

Guideline values in Uppilipalayam

In Uppilipalayam, there are 361 streets under the Singanallur SRO that carry a 2024 guideline value ranging from Rs 1,001 to Rs 6,160 per sq.ft. The median guideline value for these streets is Rs 1,232 per sq.ft, which means Annai Thresa Street's 2024 figure is below that median.

• Annai Sandhiya Nagar: Rs 1,001 per sq.ft (2024)
• Annai Maria Appartments: Rs 2,016 per sq.ft (2024)
• Anna nagar: Rs 1,232 per sq.ft (2024)
• Angammal layout: Rs 1,120 per sq.ft (2024)
• Anna nagar(N K palayam): Rs 1,232 per sq.ft (2024)
• Anna Nagar(peelamedu): Rs 1,680 per sq.ft (2024)

Stamp duty and registration fee for property in Annai Thresa Street

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 essential to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Annai Thresa Street?

The Sub Registrar Office that covers Annai Thresa Street is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111. You can find your SRO for more information.

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

The guideline value is a critical factor in the registration process of property transactions in Uppilipalayam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate revenue from stamp duty and registration fees.

When buying or selling property, the guideline value helps both parties understand the value of the property in the context of the local real estate market. It is important to consult the latest guideline value to ensure compliance with registration requirements.

Frequently asked questions

What is the current guideline value of Annai Thresa Street?

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

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 1,003 per sq.ft in 2024, reflecting an overall increase of 67% over this period.

What is the land classification of Annai Thresa Street?

Annai Thresa Street is classified as Residential Class III Type - I.

What is the median guideline value in Uppilipalayam?

The median guideline value for streets in Uppilipalayam is Rs 1,232 per sq.ft, making Annai Thresa Street's current value below this median.

Where can I find the Sub Registrar Office for Annai Thresa Street?

The Singanallur Sub Registrar Office, which covers Annai Thresa Street, is located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.