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

Annapuram Main Cross Street IV (Ward 15) guideline value

The current guideline value for Annapuram Main Cross Street IV (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. The land classification for this area is Residential Class II Type - III.

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

The guideline value for Annapuram Main Cross Street IV has seen several revisions over the years. The earliest recorded figure is from 2012, which was Rs 450 per sq.ft. This value changed to Rs 301 per sq.ft in 2017, reflecting a decrease of 33%. Following this, the value increased significantly to Rs 1,000 per sq.ft in 2023, marking a rise of 232%. The most recent revision in 2024 set the guideline value at Rs 1,030 per sq.ft, representing a 3% increase from the previous year.

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

Guideline values in Kurichi

In Kurichi, 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. The median value for these streets is Rs 1,040 per sq.ft, placing Annapuram Main Cross Street IV's 2024 figure below that median.

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

Stamp duty and registration fee for property in Annapuram Main Cross Street IV (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 further calculations.

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

The Sub Registrar Office that covers Annapuram Main Cross Street IV is the Coimbatore North Joint 1 Sub Registrar Office, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Kurichi. It is used to determine the stamp duty and registration fees applicable to the sale or purchase of properties in the area.

When a property is sold or purchased, the registration office will assess the guideline value to ensure that the appropriate fees are collected. This ensures transparency and standardization in property transactions.

Frequently asked questions

What is the current guideline value of Annapuram Main Cross Street IV?

The current guideline value of Annapuram Main Cross Street IV (Ward 15) 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 from Rs 450 per sq.ft in 2012 to Rs 1,030 per sq.ft in 2024. Notably, there was a significant increase of 232% from 2017 to 2023.

What is the land classification for Annapuram Main Cross Street IV?

The land classification for Annapuram Main Cross Street IV is Residential Class II Type - III, indicating its suitability for residential development.

Which office handles registrations for this area?

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

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 10,30,000 would incur a stamp duty of Rs 72,100 at 7%.