Guideline Value for Anthonipuram

Anthonipuram guideline value

The current guideline value of Anthonipuram is Rs 100 per sq.ft, effective from 1 July 2024. This area is located in Ammapettai village, under the Ammapettai_Erode SRO, and is classified as Residential Class II Type - II.

How the guideline value of Anthonipuram has changed

Since the year 2002, the guideline value for Anthonipuram has undergone several revisions. The figures are as follows: in 2002, the value was Rs 18 per sq.ft, which increased to Rs 20 per sq.ft in 2003. The value then rose to Rs 24 per sq.ft in 2007, followed by an increase to Rs 80 per sq.ft in 2012. In 2017, the value saw a significant rise to Rs 54 per sq.ft, and it further increased to Rs 200 per sq.ft in 2023. The most recent revision in 2024 has set the guideline value at Rs 100 per sq.ft.

The changes between these revisions are noteworthy. From 2002 to 2003, the increase was +11%. The value rose by +20% from 2003 to 2007, followed by a substantial increase of +233% from 2007 to 2012. However, from 2012 to 2017, there was a decrease of -33%. The value surged by +270% from 2017 to 2023, and finally, it decreased by -50% from 2023 to 2024.

Guideline values in Ammapettai

In Ammapettai, there are 30 streets under the Ammapettai_Erode SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 400 per sq.ft, with a median value of Rs 150 per sq.ft. Anthonipuram's 2024 figure is below this median.

• Anna Nagar: Rs 100 per sq.ft (2024)
• Aattru Orram: Rs 100 per sq.ft (2024)
• Bank Street: Rs 300 per sq.ft (2024)
• Bharathiyar Street: Rs 300 per sq.ft (2024)
• Chettiyar Street: Rs 200 per sq.ft (2024)
• Harijana Colony Ammapettai: Rs 150 per sq.ft (2024)

Stamp duty and registration fee for property in Anthonipuram

For a 1,000 sq.ft plot at the current guideline value of Rs 100 per sq.ft, the total guideline value would be Rs 1,00,000. The stamp duty at 7% would amount to Rs 7,000, and the registration fee at 2% would be Rs 2,000, bringing the total to Rs 9,000. 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 further calculations.

Which Sub Registrar Office covers Anthonipuram?

The Sub Registrar Office covering Anthonipuram is the Ammapettai_Erode Sub Registrar Office, located at Veterinary Hospital Street, Ammapettai, Anthiyur Tk, Erode Dt-638311, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Ammapettai. It is used to determine the stamp duty and registration fees applicable to the transaction, ensuring that these costs are calculated based on the official value set by the authorities.

When a property is registered, the guideline value is compared with the sale price. The higher of the two values is used to calculate the applicable duties and fees, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value of Anthonipuram?

The current guideline value of Anthonipuram is Rs 100 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 18 per sq.ft in 2002 to Rs 100 per sq.ft in 2024, with various increases and decreases in between.

What are the guideline values of other streets in Ammapettai?

Other streets in Ammapettai have varying guideline values, with rates ranging from Rs 100 to Rs 400 per sq.ft. For example, Bank Street and Bharathiyar Street are valued at Rs 300 per sq.ft.

What fees are associated with property registration in Anthonipuram?

When registering property in Anthonipuram, the stamp duty is 7% of the guideline value, and the registration fee is 2%. These fees are calculated based on the higher of the guideline value or the sale price.

Where can I find the Sub Registrar Office for Anthonipuram?

The Sub Registrar Office for Anthonipuram is located at Veterinary Hospital Street, Ammapettai, Anthiyur Tk, Erode Dt-638311, Coimbatore registration zone.