Guideline Value for Annamalai Nagar Extension

Annamalai Nagar Extension guideline value

The current guideline value of Annamalai Nagar Extension is Rs 300 per sq.ft. This area is located in Sarkarsamakulam village and falls under the Periyanayakkan Palayam SRO. The land classification for this region is Residential Class II Type - I.

How the guideline value of Annamalai Nagar Extension has changed

The guideline value for Annamalai Nagar Extension has undergone several revisions over the years. In the 2012 revision, the value was set at Rs 300 per sq.ft. However, this figure changed in the 2017 revision to Rs 201 per sq.ft, reflecting a decrease of 33%. The most recent revision in 2023 saw the guideline value rise to Rs 300 per sq.ft, marking an increase of 49% from the 2017 revision.

Overall, from the 2012 revision to the 2023 revision, the guideline value remained unchanged at Rs 300 per sq.ft. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Sarkarsamakulam

Currently, there are no specific guideline values listed for other streets in Sarkarsamakulam. Annamalai Nagar Extension is the only street mentioned in the available data.

Stamp duty and registration fee for property in Annamalai Nagar Extension

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, bringing the total cost for these fees to Rs 27,000. It is important 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 Annamalai Nagar Extension?

The Sub Registrar Office that covers Annamalai Nagar Extension is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, Coimbatore registration zone.

To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor when registering property transactions in Sarkarsamakulam. It serves as a benchmark for determining the stamp duty and registration fees applicable during the sale or purchase of property.

When a property is sold or purchased, the registration office uses the guideline value to calculate the necessary fees. Buyers should be aware that the duty is charged on the higher of the guideline value or the sale price, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value of Annamalai Nagar Extension?

The current guideline value of Annamalai Nagar Extension is Rs 300 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value changed from Rs 300 per sq.ft in 2012 to Rs 201 per sq.ft in 2017, and then increased back to Rs 300 per sq.ft in 2023. Overall, from 2012 to 2023, there was no change in the guideline value.

What are the stamp duty and registration fees for property in Annamalai Nagar Extension?

For a plot of 1,000 sq.ft at the guideline value of Rs 300 per sq.ft, the total guideline value is Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, totaling Rs 27,000 for these fees.

Which Sub Registrar Office handles registrations for Annamalai Nagar Extension?

The Periyanayakkan Palayam Sub Registrar Office handles registrations for Annamalai Nagar Extension. It is located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

Are there other streets in Sarkarsamakulam with guideline values?

Currently, there are no specific guideline values listed for other streets in Sarkarsamakulam. Annamalai Nagar Extension is the only street mentioned in the available data.