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Guideline Value

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Guideline Value for Annaikara Street 2 (Nellithurai Road South Side)

₹600/sq.ft.

The guideline value for Annaikara Street 2 (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 2 (nellithurai Road South Side)

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Annaikara Street 2 (Nellithurai Road South Side) guideline value

The current guideline value of Annaikara Street 2 (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 2 (Nellithurai Road South Side) has changed

The guideline value for Annaikara Street 2 has undergone several revisions over the years. In the 2007 revision, the value was Rs 285 per sq.ft. This increased significantly to Rs 600 per sq.ft in the 2012 revision, representing a 111% rise. However, the value dropped to Rs 402 per sq.ft in the 2017 revision, marking a decrease of 33%. The 2023 revision maintained the value at Rs 600 per sq.ft, and the 2024 revision also remains at Rs 600 per sq.ft, showing no change from the previous year.

It is important to note that there are no figures available for the years 2002 and 2003 in the register for this street. Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 111%.

Guideline values in Mettupalayam

In Mettupalayam, 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. The median guideline value for these streets is Rs 700 per sq.ft, indicating that the 2024 figure for Annaikara Street 2 is below this median.

Stamp duty and registration fee for property in Annaikara Street 2 (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 would be Rs 6,00,000. The stamp duty at 7% would amount to Rs 42,000, and the registration fee at 2% would be Rs 12,000, bringing the total fees together to Rs 54,000. It is essential to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Annaikara Street 2 (Nellithurai Road South Side)?

The Sub Registrar Office that covers Annaikara Street 2 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 details.

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

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

When a property is sold, the guideline value helps ensure that the transaction is recorded accurately and fairly, reflecting the value of the property as determined by the government. This process is essential for maintaining transparency and accountability in real estate transactions.

Frequently asked questions

What is the current guideline value of Annaikara Street 2?

The current guideline value of Annaikara Street 2 (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 seen various changes, with the most recent revisions maintaining it at Rs 600 per sq.ft since 2023. The value was Rs 285 per sq.ft in 2007, increased to Rs 600 in 2012, dropped to Rs 402 in 2017, and remained at Rs 600 in the following revisions.

What is the land classification for Annaikara Street 2?

Annaikara Street 2 is classified as Residential Class IV Type - I. This classification can impact the usage and development of properties in the area.

Where can I find the Mettupalayam Sub Registrar Office?

The Mettupalayam Sub Registrar Office is located at 271-Coimbatore Main Road, Near Mettupapalayam Bustand, Mettupalayam-641301, Coimbatore registration zone.

How is the stamp duty calculated for properties in Annaikara Street 2?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 6,00,000, the stamp duty would be Rs 42,000 at a rate of 7%.