Guideline Value for Annapuram Main Cross Street (New) (Ward 15)

Annapuram Main Cross Street (New) (Ward 15) guideline value

The current guideline value of Annapuram Main Cross Street (New) (Ward 15) is Rs 1,030 per sq.ft, effective from 1 July 2024. This street is located in Kurichi village and falls under the Coimbatore North Joint 1 SRO, classified as Residential Class II Type - III.

How the guideline value of Annapuram Main Cross Street (New) (Ward 15) has changed

The guideline value for Annapuram Main Cross Street (New) has undergone several revisions over the years. In 2012, the value was set at Rs 450 per sq.ft, which decreased to Rs 301 per sq.ft in 2017. However, from 2017 to 2023, there was a significant increase to Rs 1,000 per sq.ft, marking a 232% rise. The most recent revision in 2024 raised the value to Rs 1,030 per sq.ft, reflecting a 3% increase from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street. Overall, the guideline value has increased by 129% from 2012 to 2024.

Guideline values in Kurichi

In Kurichi village, there are 536 streets under the Coimbatore North Joint 1 SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 2,200 per sq.ft, with a median value of Rs 1,040 per sq.ft. Annapuram Main Cross Street (New) is slightly below this median.

• Annapuram Main Cross Street I (Ward 15): Rs 1,030 per sq.ft (2024)
• Annapuram Main Cross Street VI (Ward 15): Rs 1,030 per sq.ft (2024)
• Annapuram Main Cross Street IV (Ward 15): Rs 1,030 per sq.ft (2024)
• Annapuram Main Cross Street V (Ward 15): Rs 1,030 per sq.ft (2024)
• Annapuram Main Cross Street II (Ward 15): Rs 1,030 per sq.ft (2024)
• Annapuram Main (Ward 15): Rs 1,030 per sq.ft (2024)

Stamp duty and registration fee for property in Annapuram Main Cross Street (New) (Ward 15)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,030 per sq.ft, the total guideline value amounts to Rs 10,30,000. The stamp duty at 7% would be Rs 72,100, and the registration fee at 2% would be Rs 20,600, bringing the total cost for these fees to Rs 92,700. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Annapuram Main Cross Street (New) (Ward 15)?

The Sub Registrar Office that covers Annapuram Main Cross Street (New) is the Coimbatore North Joint 1 Sub Registrar Office. The address is District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor when registering property transactions in Kurichi. It serves as a benchmark for calculating stamp duty and registration fees, which are mandatory costs incurred during the sale or purchase of property.

Frequently asked questions

What is the current guideline value of Annapuram Main Cross Street (New)?

The current guideline value of Annapuram Main Cross Street (New) is Rs 1,030 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 450 per sq.ft in 2012 to Rs 1,030 per sq.ft in 2024, reflecting an overall increase of 129% over that period.

What is the land classification for Annapuram Main Cross Street (New)?

Annapuram Main Cross Street (New) is classified as Residential Class II Type - III, indicating its zoning for residential purposes.

What are the registration fees for property transactions in this area?

The registration fees for property transactions are calculated based on the guideline value, which is currently Rs 1,030 per sq.ft. For example, a 1,000 sq.ft plot would incur a total of Rs 92,700 in fees.

Which office handles registrations for Annapuram Main Cross Street (New)?

The Coimbatore North Joint 1 Sub Registrar Office handles registrations for Annapuram Main Cross Street (New). The office is located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001.