Guideline Value for Annamadam Street

Annamadam Street guideline value

The current guideline value of Annamadam Street in Sulur village, under the Sulur SRO, is Rs 784 per sq.ft, effective from 1 July 2024. This street falls under the Commercial Class I Type - II land classification.

How the guideline value of Annamadam Street has changed

The guideline value for Annamadam Street has seen several revisions over the years. In 2007, the value was Rs 150 per sq.ft, which increased significantly to Rs 700 per sq.ft in 2012. However, it decreased to Rs 469 per sq.ft in 2017. Following that, the value rose to Rs 700 per sq.ft in 2023, and currently stands at Rs 784 per sq.ft as per the 2024 revision, marking a 12% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 423%. Notably, there are no figures available for the years 2002 and 2003 in the register for Annamadam Street.

Guideline values in Sulur

In Sulur, there are 228 streets under the Sulur SRO that carry a 2024 guideline value ranging from Rs 280 to Rs 1,400 per sq.ft. The median value is Rs 784 per sq.ft, which is equal to the current guideline value of Annamadam Street.

• Annamalai settiar lane: Rs 560 per sq.ft (2024)
• Annamalai thevar lane: Rs 784 per sq.ft (2024)
• Anna Nagar: Rs 784 per sq.ft (2024)
• Angamuthu Lane: Rs 448 per sq.ft (2024)
• Angalamman Kovil Street: Rs 784 per sq.ft (2024)
• Appichi Kovil Street: Rs 560 per sq.ft (2024)

Stamp duty and registration fee for property in Annamadam Street

For a 1,000 sq.ft plot at the current guideline value of Rs 784 per sq.ft, the total guideline value is Rs 7,84,000. The stamp duty at 7% would amount to Rs 54,880, and the registration fee at 2% would be Rs 15,680, bringing the total fees to Rs 70,560. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Annamadam Street?

Annamadam Street is covered by the Sulur Sub Registrar Office located at Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process for property transactions in Sulur. It is used to determine the stamp duty and registration fees that must be paid when a property is bought or sold.

When registering a property, the guideline value is considered to ensure that the appropriate taxes are applied. Buyers and sellers should be aware of the current guideline value to understand the financial implications of their transactions.

Frequently asked questions

What is the current guideline value of Annamadam Street?

The current guideline value of Annamadam Street is Rs 784 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 150 per sq.ft in 2007 to Rs 784 per sq.ft in 2024, reflecting an overall increase of 423% over the years.

What is the land classification for Annamadam Street?

Annamadam Street is classified as Commercial Class I Type - II, which is important for determining its guideline value and related fees.

Where can I find the Sub Registrar Office for Annamadam Street?

The Sub Registrar Office for Annamadam Street is located at Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402, Coimbatore registration zone.

How is stamp duty calculated for properties in Sulur?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 7,84,000 would incur a stamp duty of Rs 54,880 at a rate of 7%.