Guideline Value for Annapoorani Nagar

Annapoorani Nagar guideline value

The current guideline value of Annapoorani Nagar is Rs 500 per sq.ft, effective from 1 July 2024. This area is located in Gudalur village under the Periyanayakkan Palayam SRO and is classified as Residential Class I Type - I.

How the guideline value of Annapoorani Nagar has changed

The guideline value for Annapoorani Nagar has seen several revisions over the years. The 2012 revision set the value at Rs 450 per sq.ft, which was then reduced to Rs 301 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 450 per sq.ft, and the latest revision in 2024 has further raised it to Rs 500 per sq.ft, marking an 11% increase from the previous year. There are no figures available for the years 2002, 2003, and 2007 in the register for this street.

From 2012 to 2017, there was a decrease of 33%, but from 2017 to 2023, the value increased significantly by 50%. Overall, from 2012 to 2024, the guideline value has increased by 11%.

Guideline values in Gudalur

In Gudalur, there are 224 streets under the Periyanayakkan Palayam SRO, with guideline values ranging from Rs 320 to Rs 1,110 per sq.ft. The median guideline value in this area is Rs 370 per sq.ft, indicating that the 2024 figure for Annapoorani Nagar is above this median.

• Anna Nagar: Rs 500 per sq.ft (2024)
• Annamalai Nagar: Rs 340 per sq.ft (2024)
• Annamalaiar Garden: Rs 500 per sq.ft (2024)
• Annai Nagar: Rs 340 per sq.ft (2024)
• Arivozhi Nagar: Rs 340 per sq.ft (2024)
• Angalammanpuram - 1: Rs 340 per sq.ft (2024)

Stamp duty and registration fee for property in Annapoorani Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 500 per sq.ft, the total guideline value would be Rs 5,00,000. The stamp duty at 7% would amount to Rs 35,000, and the registration fee at 2% would be Rs 10,000, bringing the total to Rs 45,000. Please 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 Annapoorani Nagar?

The Sub Registrar Office that covers Annapoorani Nagar is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Gudalur. It is used to determine the stamp duty and registration fees that buyers must pay when acquiring property in the area.

When a property is sold, the guideline value is referenced to ensure that the transaction is registered at a value that reflects the current market standards. This helps maintain transparency and consistency in property dealings within the region.

Frequently asked questions

What is the current guideline value of Annapoorani Nagar?

The current guideline value of Annapoorani Nagar is Rs 500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, with the most recent increase of 11% from Rs 450 per sq.ft in 2023 to Rs 500 per sq.ft in 2024.

What is the land classification for Annapoorani Nagar?

Annapoorani Nagar is classified as Residential Class I Type - I, indicating its suitability for residential development.

What is the median guideline value in Gudalur?

The median guideline value in Gudalur is Rs 370 per sq.ft, with Annapoorani Nagar's 2024 figure being above this median.

Where can I find the Sub Registrar Office for Annapoorani Nagar?

The Sub Registrar Office for Annapoorani Nagar is located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.