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Guideline Value

Corporate

Guideline Value for Annamalai settiar lane

₹560/sq.ft.

The guideline value for Annamalai Settiar Lane in Sulur village (Sulur SRO, Coimbatore zone) is Rs 560 per sq.ft, effective 1 July 2024. It was Rs 500 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Sulur

Village

Sulur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹560 /sq.ft.
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹100 /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)

Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402
0422-2682455
[email protected]

DRO (District Registrar Office)

District Registrar Office Coimbatore (south), Fifth Floor, Singapore Plaza, Crosscut Road, Gandhipuram, Coimbatore 641012.
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[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Annamalai Settiar Lane

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Annamalai settiar lane guideline value

The current guideline value of Annamalai settiar lane is Rs 560 per sq.ft, effective from 1 July 2024. This street is located in Sulur village, under the Sulur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Annamalai settiar lane has changed

The guideline value for Annamalai settiar lane has undergone several revisions over the years. Starting from Rs 100 per sq.ft in 2007, it increased significantly to Rs 500 per sq.ft in 2012, followed by a decrease to Rs 335 per sq.ft in 2017. The value then rose to Rs 500 per sq.ft in 2023, before reaching the current rate of Rs 560 per sq.ft in 2024, which marks a 12% increase from the previous year.

In total, the guideline value has increased by 460% from the 2007 figure to the current 2024 figure. Notably, there are no figures available for the years 2002 and 2003 in the register for this street.

Guideline values in Sulur

In Sulur village, 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 guideline value in Sulur is Rs 784 per sq.ft, placing the 2024 figure for Annamalai settiar lane below this median.

Stamp duty and registration fee for property in Annamalai settiar lane

For a 1,000 sq.ft plot at the current guideline value of Rs 560 per sq.ft, the total guideline value amounts to Rs 5,60,000. The stamp duty at 7% would be Rs 39,200, and the registration fee at 2% would be Rs 11,200, bringing the total cost for these fees to Rs 50,400. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Annamalai settiar lane?

The Sub Registrar Office that covers Annamalai settiar lane is 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 during the registration process of property transactions in Sulur. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, it is essential to consider the guideline value as it affects the overall cost of the transaction. Buyers should be aware that the stamp duty and registration fees will be calculated based on the higher of the guideline value or the sale price, which can significantly impact the total expenses involved in the purchase.

Frequently asked questions

What is the current guideline value of Annamalai settiar lane?

The current guideline value of Annamalai settiar lane is Rs 560 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 100 per sq.ft in 2007 to Rs 560 per sq.ft in 2024, reflecting an overall increase of 460% over the years.

What are the stamp duty and registration fees for property in Annamalai settiar lane?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would be Rs 50,400, calculated based on the guideline value of Rs 5,60,000.

Which office handles property registrations for Annamalai settiar lane?

The Sulur Sub Registrar Office handles property registrations for Annamalai settiar lane, located at Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402, Coimbatore registration zone.

What is the significance of guideline value in property transactions?

The guideline value is significant as it determines the minimum value for property registration and is used to calculate stamp duty and registration fees during transactions.