Guideline Value for Anugraha gardens

Anugraha gardens guideline value

The current guideline value of Anugraha gardens is Rs 220 per sq.ft, effective from 1 July 2024. This property is located in Vellalore village, under the Singanallur SRO, and is classified as Residential Class II Type - III.

How the guideline value of Anugraha gardens has changed

The guideline value for Anugraha gardens has undergone several revisions over the years. The earliest recorded figure is from the 2017 revision, where it was Rs 134 per sq.ft. This increased to Rs 200 per sq.ft in the 2023 revision, reflecting a significant rise of 49%. The most recent revision in 2024 set the guideline value at Rs 220 per sq.ft, marking a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 for Anugraha gardens.

Guideline values in Vellalore

In Vellalore, there are 307 streets under the Singanallur SRO that carry a 2024 guideline value ranging from Rs 210 to Rs 3,850 per sq.ft, with a median value of Rs 330 per sq.ft. The guideline value for Anugraha gardens is below this median.

• Appachiar Street: Rs 275 per sq.ft (2024)
• Appai naidu layout: Rs 330 per sq.ft (2024)
• Anna Street: Rs 220 per sq.ft (2024)
• Appa Naidu Layout Extension: Rs 770 per sq.ft (2024)
• Appanaidu Layout Part: Rs 770 per sq.ft (2024)
• Anna Nagar: Rs 275 per sq.ft (2024)

Stamp duty and registration fee for property in Anugraha gardens

For a 1,000 sq.ft plot at the current guideline value of Rs 220 per sq.ft, the total guideline value amounts to Rs 2,20,000. The stamp duty, charged at 7%, would be Rs 15,400, and the registration fee at 2% would be Rs 4,400, making the total fees Rs 19,800. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anugraha gardens?

Anugraha gardens 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 Vellalore

The guideline value plays a crucial role in the registration process of property transactions in Vellalore. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government collects appropriate stamp duty and registration fees.

When buying or selling a property, the guideline value is used to calculate the necessary fees. Buyers should be aware that the stamp duty is charged on the higher of the guideline value or the sale price, which can impact the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Anugraha gardens?

The current guideline value of Anugraha gardens is Rs 220 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 134 per sq.ft in 2017 to Rs 200 per sq.ft in 2023, and then to Rs 220 per sq.ft in 2024. This represents an overall increase of 64% from 2017 to 2024.

What is the median guideline value in Vellalore?

The median guideline value in Vellalore is Rs 330 per sq.ft for the year 2024. Anugraha gardens' guideline value is below this median.

What are the stamp duty and registration fees for Anugraha gardens?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 15,400 and the registration fee would be Rs 4,400, resulting in total fees of Rs 19,800.

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.