Guideline Value for Anugraha apratment

Anugraha apratment guideline value

The current guideline value of Anugraha apratment is Rs 1,792 per sq.ft, effective from 1 July 2024. It is located in Singanallur village, under the Singanallur SRO, and is classified as Residential Special Type - II.

How the guideline value of Anugraha apratment has changed

The guideline value for Anugraha apratment has undergone several revisions over the years. The earliest recorded revision is from 2012, where the guideline value was Rs 1,600 per sq.ft. This value remained the same until the next revision in 2017, which saw a decrease to Rs 1,072 per sq.ft. Following this, there was a significant increase to Rs 1,600 per sq.ft in 2023, and the latest revision in 2024 has raised it to Rs 1,792 per sq.ft.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, it increased by 49%. The most recent change from 2023 to 2024 reflects a 12% increase. Overall, from 2012 to 2024, the guideline value has increased by 12%.

Guideline values in Singanallur

In Singanallur, there are 313 streets under the Singanallur SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 3,360 per sq.ft. The median guideline value for these streets is Rs 1,120 per sq.ft, placing Anugraha apratment's 2024 figure above this median.

• Annayangkadu Road Ext Street1: Rs 1,680 per sq.ft (2024)
• Arb Garden: Rs 1,680 per sq.ft (2024)
• Areomdrome Rd: Rs 1,680 per sq.ft (2024)
• A.R. Layout: Rs 1,000 per sq.ft (2024)
• Annai Sathya Nagar: Rs 1,006 per sq.ft (2024)
• Annai Indra Nagar: Rs 1,120 per sq.ft (2024)

Stamp duty and registration fee for property in Anugraha apratment

For a 1,000 sq.ft plot at the current guideline value of Rs 1,792 per sq.ft, the total guideline value amounts to Rs 17,92,000. The stamp duty at 7% would be Rs 1,25,440, and the registration fee at 2% would be Rs 35,840, bringing the total cost for these fees to Rs 1,61,280. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Anugraha apratment?

Anugraha apratment 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 Singanallur

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

When a property is registered, the guideline value is compared with the sale price, and the duty is charged on the higher of the two amounts. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Anugraha apratment?

The current guideline value of Anugraha apratment is Rs 1,792 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,600 in 2012 to Rs 1,072 in 2017, then to Rs 1,600 in 2023, and finally to Rs 1,792 in 2024. This reflects various increases and decreases over the years.

What are the other streets in Singanallur and their guideline values?

Other streets in Singanallur have varying guideline values, with rates ranging from Rs 1,000 to Rs 3,360 per sq.ft. For example, Annayangkadu Road Ext Street1 and Arb Garden both have a guideline value of Rs 1,680 per sq.ft in 2024.

What is the registration fee for property in Anugraha apratment?

The registration fee for property in Anugraha apratment is calculated based on the guideline value. For a 1,000 sq.ft plot, the total registration fee would be Rs 35,840 at a rate of 2%.

Where can I find the Singanallur Sub Registrar Office?

The Singanallur Sub Registrar Office is located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111. You can find more details by visiting the provided link.