Guideline Value for Anumantha puram

Anumantha puram guideline value

The current guideline value of Anumantha puram is Rs 575 per sq.ft, effective from 1 July 2024. This village falls under the Dharapuram Ward 2 and is classified as Residential Class II Type - I. The relevant Sub Registrar Office for this area is Dharapuram SRO.

How the guideline value of Anumantha puram has changed

The guideline value of Anumantha puram has seen significant changes over the years. In 2002, the guideline value was Rs 90 per sq.ft, which increased to Rs 101 per sq.ft in 2003, marking a 12% rise. However, the value saw a substantial increase of 415% to reach Rs 520 per sq.ft by 2012. In 2017, the value dropped to Rs 348 per sq.ft, reflecting a decrease of 33%. The value then rose to Rs 520 per sq.ft in 2023, followed by an increase of 11% to the current value of Rs 575 per sq.ft effective from July 2024.

Overall, from 2002 to 2024, the guideline value has increased by 539%. It is important to note that the register has no figure for Anumantha puram for the year 2007.

Guideline values in Dharapuram Ward 2

In Dharapuram Ward 2, there are 16 streets that carry a 2024 guideline value ranging from Rs 385 to Rs 1,160 per sq.ft. The median value for this area is Rs 575 per sq.ft, which is equal to the current guideline value of Anumantha puram.

• Anumanthapuram Agrakara Quarters: Rs 575 per sq.ft (2024)
• Cholakatai St (Kurukutheru Manai Privu Nagar): Rs 800 per sq.ft (2024)
• Easwaran Kovil Street: Rs 385 per sq.ft (2024)
• Kaliyamman Kovil Street: Rs 575 per sq.ft (2024)
• Karur Road: Rs 575 per sq.ft (2024)
• Katcheri Street: Rs 575 per sq.ft (2024)

Stamp duty and registration fee for property in Anumantha puram

For a 1,000 sq.ft plot at the current guideline value of Rs 575 per sq.ft, the total guideline value amounts to Rs 5,75,000. The stamp duty, calculated at 7%, would be Rs 40,250, and the registration fee at 2% would be Rs 11,500, bringing the total fees to Rs 51,750. It is important 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 Anumantha puram?

Anumantha puram is covered by the Dharapuram Sub Registrar Office, located at Taluk Office Compound, Dharapuram 638 656, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Dharapuram Ward 2

The guideline value is a crucial factor in property transactions within Dharapuram Ward 2. It serves as a benchmark for determining the minimum value at which a property can be registered. This value is essential for calculating the applicable stamp duty and registration fees during the sale or purchase of property.

When buying or selling property, the guideline value ensures that the transaction is recorded at a value that reflects the official rates set by the government. This helps maintain transparency in property dealings and ensures compliance with legal requirements.

Frequently asked questions

What is the current guideline value of Anumantha puram?

The current guideline value of Anumantha puram is Rs 575 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 90 per sq.ft in 2002 to Rs 575 per sq.ft in 2024, reflecting an overall increase of 539% over this period.

What is the registration office for Anumantha puram?

Anumantha puram falls under the Dharapuram Sub Registrar Office, located at Taluk Office Compound, Dharapuram 638 656, Coimbatore registration zone.

How is stamp duty calculated for properties in Anumantha puram?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 5,75,000 would incur a stamp duty of Rs 40,250.

What are the other streets in Dharapuram Ward 2 with guideline values?

Other streets in Dharapuram Ward 2 include Anumanthapuram Agrakara Quarters, Cholakatai St (Kurukutheru Manai Privu Nagar), Easwaran Kovil Street, Kaliyamman Kovil Street, Karur Road, and Katcheri Street, each with varying guideline values for 2024.