Guideline Value for Anumantharaya Street

Anumantharaya Street guideline value

The current guideline value of Anumantharaya Street is Rs 1,500 per sq.ft, effective from 1 July 2024. This street is located in Ward 2 village under the Pollachi SRO, classified as Commercial Class I Type - I.

How the guideline value of Anumantharaya Street has changed

The guideline value for Anumantharaya Street has undergone several revisions over the years. In 2002, the value was Rs 762 per sq.ft, which increased to Rs 865 per sq.ft in 2003, marking a change of +14%. The value continued to rise to Rs 1,155 per sq.ft in 2007, a +34% increase. In 2012, it reached Rs 1,500 per sq.ft, reflecting a +30% change. However, there was a decrease to Rs 1,005 per sq.ft in 2017, which was a -33% change. The value remained at Rs 1,500 per sq.ft in 2023 and again in 2024, showing no change between these two revisions.

Overall, from 2002 to 2024, the guideline value has increased by +97%. There are no figures available for the revisions in years other than those specified above for Anumantharaya Street.

Guideline values in Ward 2

In Ward 2, there are 79 streets under the Pollachi SRO that carry a 2024 guideline value, ranging from Rs 300 to Rs 2,500 per sq.ft. The median value for these streets is Rs 420 per sq.ft, placing Anumantharaya Street's 2024 figure above this median.

• Annapoorani Layout: Rs 675 per sq.ft (2024)
• Arul Jothi Co-Operative Colony: Rs 300 per sq.ft (2024)
• Annai Kasthuribai Street: Rs 541 per sq.ft (2024)
• Arul Vadivel Kannapuram: Rs 350 per sq.ft (2024)
• Arumugam Gounder Colony: Rs 420 per sq.ft (2024)
• Arumugam Pillai Street: Rs 541 per sq.ft (2024)

Stamp duty and registration fee for property in Anumantharaya Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,500 per sq.ft, the total guideline value amounts to Rs 15,00,000. The stamp duty at 7% would be Rs 1,05,000, and the registration fee at 2% would be Rs 30,000, bringing the total fees together to Rs 1,35,000. 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 more detailed calculations.

Which Sub Registrar Office covers Anumantharaya Street?

The Sub Registrar Office that covers Anumantharaya Street is the Pollachi Sub Registrar Office, located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001, Coimbatore registration zone.

To find your SRO, you can visit find your SRO.

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

The guideline value is a critical factor during the registration of property transactions in Ward 2. It serves as a benchmark for determining the stamp duty and registration fees applicable when buying or selling property in the area.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that both buyers and sellers are aware of the financial implications of their transactions. This helps maintain transparency in property dealings within the region.

Frequently asked questions

What is the current guideline value of Anumantharaya Street?

The current guideline value of Anumantharaya Street is Rs 1,500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, with the most recent values being Rs 1,500 per sq.ft in 2023 and 2024. The value was Rs 1,005 per sq.ft in 2017 and Rs 1,500 per sq.ft in 2012.

What is the classification of Anumantharaya Street?

Anumantharaya Street is classified as Commercial Class I Type - I, indicating its suitability for commercial activities.

Where can I find the registration office for Anumantharaya Street?

The registration office for Anumantharaya Street is the Pollachi Sub Registrar Office, located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001, Coimbatore registration zone.

How is the stamp duty calculated for properties in Anumantharaya Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 15,00,000, the stamp duty would be Rs 1,05,000 at 7%.