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Guideline Value

Corporate

Guideline Value for Annaikara Street 1 (Nellithurai Road South Side)

₹600/sq.ft.

The guideline value for Annaikara Street 1 (nellithurai Road South Side) in Mettupalayam village (Mettupalayam SRO, Coimbatore zone) is Rs 600 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Mettupalayam

Village

Mettupalayam

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹600 /sq.ft.
From 1-4-2023 ₹600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹402 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹285 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

271-coimbatore Main, Road, Near Mettupapalayam Bustand . Mettupalayam-641301
04254-292251
[email protected]

DRO (District Registrar Office)

District Registara Office, Syriyan Church Road, Corporation Marriage Hall, Coimbatore -641001
0422-2300722
[email protected],[email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Annaikara Street 1 (nellithurai Road South Side)

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Annaikara Street 1 (Nellithurai Road South Side) guideline value

The current guideline value of Annaikara Street 1 (Nellithurai Road South Side) is Rs 600 per sq.ft, effective from 1 July 2024. This street is located in Mettupalayam village, under the Mettupalayam SRO, and is classified as Residential Class IV Type - I.

How the guideline value of Annaikara Street 1 (Nellithurai Road South Side) has changed

Over the years, the guideline value of Annaikara Street 1 has seen several revisions. The 2007 revision set the value at Rs 285 per sq.ft, which increased to Rs 600 per sq.ft in the 2012 revision. However, this value dropped to Rs 402 per sq.ft in the 2017 revision before rising again to Rs 600 per sq.ft in both the 2023 and 2024 revisions, indicating a 111% increase overall from 2007 to 2024.

From 2012 to 2017, there was a decrease of 33%, but the subsequent revisions from 2017 to 2023 saw a significant increase of 49%. Notably, there are no figures available for the revisions in 2002 and 2003 for this street.

Guideline values in Mettupalayam

In Mettupalayam village, there are 327 streets under the Mettupalayam SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 2,000 per sq.ft, with a median value of Rs 700 per sq.ft. The guideline value of Annaikara Street 1 is below this median.

Stamp duty and registration fee for property in Annaikara Street 1 (Nellithurai Road South Side)

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value amounts to Rs 6,00,000. The stamp duty at 7% would be Rs 42,000, while the registration fee at 2% would be Rs 12,000, making the total cost for these fees Rs 54,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Annaikara Street 1 (Nellithurai Road South Side)?

The Sub Registrar Office that covers Annaikara Street 1 is the Mettupalayam Sub Registrar Office, located at 271-Coimbatore Main Road, Near Mettupapalayam Bustand, Mettupalayam-641301, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Mettupalayam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the registration process adheres to the established valuation framework set by the Registration Department.

Frequently asked questions

What is the current guideline value of Annaikara Street 1?

The current guideline value of Annaikara Street 1 (Nellithurai Road South Side) is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 285 per sq.ft in 2007 to Rs 600 per sq.ft in 2024, reflecting an overall increase of 111% from 2007 to 2024.

What is the land classification of Annaikara Street 1?

Annaikara Street 1 is classified as Residential Class IV Type - I under the Mettupalayam SRO.

What are the stamp duty and registration fees for property in Annaikara Street 1?

The stamp duty is 7% and the registration fee is 2% of the guideline value. For a 1,000 sq.ft plot at the current rate, the total fees would amount to Rs 54,000.

Which office handles registrations for Annaikara Street 1?

The Mettupalayam Sub Registrar Office handles registrations for Annaikara Street 1, located at 271-Coimbatore Main Road, Near Mettupapalayam Bustand, Mettupalayam-641301, Coimbatore registration zone.