Guideline Value for Annanagar A/3/13

Annanagar A/3/13 guideline value

The current guideline value of Annanagar A/3/13 is Rs 1,500 per sq.ft, effective from 1 July 2024. This property is located in Ooty Town village and falls under the Uthagamandalam -Joint I SRO. The land classification for this area is Residential Class I Type - II.

How the guideline value of Annanagar A/3/13 has changed

The guideline value for Annanagar A/3/13 has seen several revisions over the years. In the 2012 revision, the guideline value was set at Rs 1,000 per sq.ft. This increased to Rs 1,005 per sq.ft in 2017, marking a slight rise of 1%. The 2023 revision maintained the value at Rs 1,500 per sq.ft, and the same value was carried into the 2024 revision, resulting in a 0% change from 2023 to 2024. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 50%.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. The 2023 revision did not change the value from the previous year, indicating stability in the guideline value during that period.

Guideline values in Ooty Town

In Ooty Town, there are 209 streets under the Uthagamandalam -Joint I SRO, with guideline values ranging from Rs 500 to Rs 4,251 per sq.ft. The median guideline value for these streets is Rs 1,800 per sq.ft, placing Annanagar A/3/13 below the median for 2024.

• Arani House C/25/50: Rs 1,800 per sq.ft (2024)
• Anbu Anna Colony: Rs 500 per sq.ft (2024)
• Arrambe B/4/14,16: Rs 1,500 per sq.ft (2024)
• Anadagiri H/4/1: Rs 1,800 per sq.ft (2024)
• Ambethkar Colony: Rs 500 per sq.ft (2024)
• Alms House Road E/13/98: Rs 1,800 per sq.ft (2024)

Stamp duty and registration fee for property in Annanagar A/3/13

For a 1,000 sq.ft plot at the current guideline value of Rs 1,500 per sq.ft, the total guideline value would be Rs 15,00,000. The stamp duty at 7% would amount to Rs 1,05,000, while the registration fee at 2% would be Rs 30,000. Together, the total cost for stamp duty and registration would be Rs 1,35,000. It is important to note that duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Annanagar A/3/13?

The Sub Registrar Office covering Annanagar A/3/13 is the Uthagamandalam -Joint I Sub Registrar Office, located at Govt Arts College Road, Stone House Hill, Ooty Town, PIN-643001, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration of property transactions in Ooty Town. It serves as a benchmark for calculating the stamp duty and registration fees that are applicable during the buying or selling process.

When you buy or sell property, the guideline value ensures that the transaction is recorded at a standard value, which helps in maintaining transparency and consistency in real estate dealings. This value is essential for both buyers and sellers to understand the financial implications of their transactions.

Frequently asked questions

What is the current guideline value of Annanagar A/3/13?

The current guideline value of Annanagar A/3/13 is Rs 1,500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,000 per sq.ft in 2012 to Rs 1,500 per sq.ft in 2024, marking an overall increase of 50% over this period.

What is the registration office for Annanagar A/3/13?

The registration office for Annanagar A/3/13 is the Uthagamandalam -Joint I Sub Registrar Office, located at Govt Arts College Road, Stone House Hill, Ooty Town, PIN-643001, Coimbatore registration zone.

What are the stamp duty and registration fees for property in Annanagar A/3/13?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would amount to Rs 1,35,000, based on the guideline value of Rs 15,00,000.

What is the land classification for Annanagar A/3/13?

The land classification for Annanagar A/3/13 is Residential Class I Type - II, indicating its designation for residential use.