Guideline Value for Annanagar kanthasamypalayam

Annanagar kanthasamypalayam guideline value

The current guideline value of Annanagar kanthasamypalayam is Rs 200 per sq.ft, effective from 1 July 2024. This area is located in Kollankovil village, under the Sivagiri_Erode SRO, and is classified as Residential Class III Type - V.

How the guideline value of Annanagar kanthasamypalayam has changed

Looking at the historical revisions, the guideline value for Annanagar kanthasamypalayam was Rs 100 per sq.ft in 2012. It then increased to Rs 67 per sq.ft in 2017, marking a decrease of 33%. Following this, the value rose significantly to Rs 200 per sq.ft in both 2023 and 2024, reflecting a 199% increase from 2017 to 2023. The 2024 revision shows no change from the previous year.

There are no figures available for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 100%.

Guideline values in Kollankovil

Kollankovil village has a total of 62 streets under the Sivagiri_Erode SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 200 per sq.ft, with a median value of Rs 200 per sq.ft. The guideline value for Annanagar kanthasamypalayam matches this median.

• Anna Nagar Harijana Colony 639: Rs 200 per sq.ft (2024)
• Aathi thiravidar Natham 1070: Rs 200 per sq.ft (2024)
• Chinnathandam Palayam 992: Rs 200 per sq.ft (2024)
• East street: Rs 200 per sq.ft (2024)
• Elavanatham East&West Street 158/2: Rs 200 per sq.ft (2024)
• Elavantham 725/B: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Annanagar kanthasamypalayam

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value would be Rs 2,00,000. The stamp duty at 7% would amount to Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total fees to Rs 18,000. It is important to note that 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 detailed calculations.

Which Sub Registrar Office covers Annanagar kanthasamypalayam?

The Sub Registrar Office that covers Annanagar kanthasamypalayam is the Sivagiri_Erode Sub Registrar Office, located at 1/2 Kumaran Street, Gandhi Road, Sivagiri-638109, in the Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Kollankovil. It is used to calculate the stamp duty and registration fees, ensuring that the transaction is documented according to the prevailing rates set by the government.

Frequently asked questions

What is the current guideline value of Annanagar kanthasamypalayam?

The current guideline value of Annanagar kanthasamypalayam is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several changes, starting from Rs 100 per sq.ft in 2012 to Rs 67 per sq.ft in 2017, and then increasing to Rs 200 per sq.ft in both 2023 and 2024.

What is the land classification for Annanagar kanthasamypalayam?

Annanagar kanthasamypalayam is classified as Residential Class III Type - V under the current regulations.

What are the stamp duty and registration fees for property transactions?

For a property valued at Rs 2,00,000, the stamp duty would be Rs 14,000 and the registration fee would be Rs 4,000, totaling Rs 18,000. Duty is charged on the higher of the guideline value or the sale price.

Which Sub Registrar Office should I approach for transactions in Annanagar kanthasamypalayam?

The Sivagiri_Erode Sub Registrar Office, located at 1/2 Kumaran Street, Gandhi Road, Sivagiri-638109, is the designated office for property transactions in Annanagar kanthasamypalayam.