Guideline Value for Anugraha Apartments

Anugraha Apartments guideline value

The current guideline value of Anugraha Apartments is Rs 2,800 per sq.ft. It is located in Uppilipalayam village under the Singanallur SRO, classified as Commercial Class I Type - II.

How the guideline value of Anugraha Apartments has changed

In 2012, the guideline value for Anugraha Apartments was Rs 2,500 per sq.ft. This figure remained unchanged until the 2017 revision, where it dropped to Rs 1,675 per sq.ft, reflecting a decrease of 33%. The value then increased significantly to Rs 2,500 per sq.ft in 2023, followed by a further increase to Rs 2,800 per sq.ft in the 2024 revision, marking a 12% rise.

From 2017 to 2023, the guideline value increased by 49%. Overall, from 2012 to 2024, the guideline value has increased by 12%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Uppilipalayam

In Uppilipalayam, there are 361 streets under the Singanallur SRO with a 2024 guideline value ranging from Rs 1,001 to Rs 6,160 per sq.ft. The median value is Rs 1,232 per sq.ft, placing Anugraha Apartments above this median.

• Anugraha Garden: Rs 2,016 per sq.ft (2024)
• Appai veethy: Rs 1,232 per sq.ft (2024)
• Anna Nagar(peelamedu): Rs 1,680 per sq.ft (2024)
• Anna nagar(N K palayam): Rs 1,232 per sq.ft (2024)
• Anna nagar: Rs 1,232 per sq.ft (2024)
• Annai Thresa Street: Rs 1,003 per sq.ft (2024)

Stamp duty and registration fee for property in Anugraha Apartments

For a 1,000 sq.ft plot at the current guideline value of Rs 2,800 per sq.ft, the total guideline value is Rs 28,00,000. The stamp duty at 7% would be Rs 1,96,000, and the registration fee at 2% would be Rs 56,000, making the total Rs 2,52,000. 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 Anugraha Apartments?

Anugraha Apartments falls under the jurisdiction of the Singanallur Sub Registrar Office located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone.

You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Uppilipalayam. It helps determine the stamp duty and registration fees applicable to the transaction, ensuring that all parties are aware of the financial obligations involved.

When registering a property, the guideline value is considered alongside the sale price, with the higher of the two being used to calculate the applicable duties. This ensures that the transaction is transparent and complies with local regulations.

Frequently asked questions

What is the current guideline value of Anugraha Apartments?

The current guideline value of Anugraha Apartments is Rs 2,800 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 2,500 per sq.ft in 2012 to Rs 2,800 per sq.ft in 2024, reflecting an overall increase of 12%. The value decreased to Rs 1,675 per sq.ft in 2017 before rising again in subsequent revisions.

What is the land classification for Anugraha Apartments?

Anugraha Apartments is classified as Commercial Class I Type - II, indicating its commercial potential within the area.

What are the stamp duty rates for property in Anugraha Apartments?

The stamp duty for property transactions in Anugraha Apartments is charged at 7% of the guideline value or sale price, whichever is higher. The registration fee is 2% of the same amount.

Where is the Singanallur Sub Registrar Office located?

The Singanallur Sub Registrar Office is located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone.