Guideline Value for Anthonimuthu Colony

Anthonimuthu Colony guideline value

The current guideline value of Anthonimuthu Colony is Rs 1,320 per sq.ft, effective from 1 July 2024. This area is located in Ward 10 village under the Peelamedu SRO, classified as Residential Class II Type - I.

How the guideline value of Anthonimuthu Colony has changed

The guideline value for Anthonimuthu Colony has undergone several revisions over the years. The earliest recorded figure is from 2007, where the guideline value was Rs 400 per sq.ft. This increased to Rs 1,200 per sq.ft in 2012, a significant rise of 200%. However, from 2012 to 2017, the value decreased by 33% to Rs 804 per sq.ft. The value then rose sharply to Rs 1,200 per sq.ft in 2023, marking a 49% increase. The most recent revision in 2024 shows a further increase of 10%, bringing the current rate to Rs 1,320 per sq.ft.

It is important to note that there are no recorded figures for the years 2002 and 2003 for Anthonimuthu Colony in the register. Overall, from 2007 to 2024, the guideline value has increased by 230%.

Guideline values in Ward 10

In Ward 10, there are 224 streets under the Peelamedu SRO with a 2024 guideline value ranging from Rs 1,000 to Rs 7,700 per sq.ft. The median guideline value for these streets is Rs 2,200 per sq.ft, indicating that Anthonimuthu Colony's current value is below this median.

• Appusamy Layout (or) Appusamy Naidu Road: Rs 3,300 per sq.ft (2024)
• Anna Nagar 1 & 2: Rs 2,750 per sq.ft (2024)
• Annai Indira Nagar (or) Colony: Rs 2,200 per sq.ft (2024)
• Ankanna Site (or) A.Theviar Colony (or) Layout: Rs 1,000 per sq.ft (2024)
• Arumugham Layout: Rs 1,430 per sq.ft (2024)
• Arumugha Theviar Lane: Rs 1,430 per sq.ft (2024)

Stamp duty and registration fee for property in Anthonimuthu Colony

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value would be Rs 13,20,000. The stamp duty at 7% would amount to Rs 92,400, and the registration fee at 2% would be Rs 26,400, totaling Rs 1,18,800. It is essential to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Anthonimuthu Colony?

The Sub Registrar Office that covers Anthonimuthu Colony is the Peelamedu Sub Registrar Office, located at 6/1, Grd Road, Redfields, Coimbatore - 18, 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 Ward 10

The guideline value is a crucial factor when buying or selling properties in Ward 10. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the property registration process.

When a property is registered, the guideline value is used to calculate the applicable duties, ensuring that both the buyer and seller are aware of the financial obligations involved in the transaction.

Frequently asked questions

What is the current guideline value of Anthonimuthu Colony?

The current guideline value of Anthonimuthu Colony is Rs 1,320 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, increasing from Rs 400 per sq.ft in 2007 to Rs 1,320 per sq.ft in 2024, representing a total increase of 230% over the years.

What is the land classification of Anthonimuthu Colony?

Anthonimuthu Colony is classified as Residential Class II Type - I, indicating its suitability for residential purposes.

Where is the Peelamedu Sub Registrar Office located?

The Peelamedu Sub Registrar Office is located at 6/1, Grd Road, Redfields, Coimbatore - 18, within the Coimbatore registration zone.

How is the stamp duty calculated for properties in Anthonimuthu Colony?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value incurs a stamp duty of Rs 92,400.