Guideline Value for Anumantharayan Kovil Street Main

Anumantharayan Kovil Street Main guideline value

The current guideline value of Anumantharayan Kovil Street Main is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in the village of Ward-6 under the Coimbatore North Joint 1 SRO, and it falls under the Residential Class I Type - II land classification.

How the guideline value of Anumantharayan Kovil Street Main has changed

The guideline value for Anumantharayan Kovil Street Main has seen several revisions over the years. In 2007, the guideline value was Rs 1,250 per sq.ft, which increased to Rs 2,000 per sq.ft in 2012, marking a 60% rise. However, this value decreased to Rs 1,340 per sq.ft in 2017, a decline of 33%. The value then increased significantly to Rs 2,000 per sq.ft in 2023, and most recently, it rose to Rs 2,200 per sq.ft in 2024, reflecting a 10% increase.

Overall, from 2007 to 2024, the guideline value has increased by 76%. The register does not have figures for the years 2002 and 2003 for this street.

Guideline values in Ward-6

In Ward-6, there are 37 streets under the Coimbatore North Joint 1 SRO that carry a 2024 guideline value, ranging from Rs 1,250 to Rs 7,900 per sq.ft. The median value for these streets is Rs 2,900 per sq.ft, placing Anumantharayan Kovil Street Main below this median.

• Alavudin Lane Main: Rs 1,800 per sq.ft (2024)
• Chellapillai Lane: Rs 1,250 per sq.ft (2024)
• Easwaran Kovil Street Lane: Rs 1,800 per sq.ft (2024)
• Easwaran Kovil Street Main: Rs 3,300 per sq.ft (2024)
• Edaiyar Street (or) Krishnan Street Main: Rs 3,400 per sq.ft (2024)
• Karuppa Gounder Street (K.G.St) or Karuppaiah Street Lane: Rs 3,400 per sq.ft (2024)

Stamp duty and registration fee for property in Anumantharayan Kovil Street Main

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value would be Rs 22,00,000. The stamp duty at 7% would amount to Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, bringing the total charges to Rs 1,98,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating stamp duty and registration fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anumantharayan Kovil Street Main?

The Sub Registrar Office that covers Anumantharayan Kovil Street Main is the Coimbatore North Joint 1 Sub Registrar Office, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001. To find your SRO, you can visit find your SRO.

How the guideline value is used when you buy or sell in Ward-6

The guideline value plays a crucial role in the registration process when buying or selling property in Ward-6. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction.

When a property is sold, the guideline value is used to ensure that the transaction is registered at a fair value, preventing undervaluation. Buyers and sellers should be aware of the current guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value for Anumantharayan Kovil Street Main?

The current guideline value for Anumantharayan Kovil Street Main is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,250 per sq.ft in 2007 to Rs 2,200 per sq.ft in 2024, marking a total increase of 76% over the years.

What is the median guideline value in Ward-6?

The median guideline value for the 37 streets in Ward-6 is Rs 2,900 per sq.ft, with Anumantharayan Kovil Street Main's value being below this median.

What are the stamp duty and registration fees for a property in Anumantharayan Kovil Street Main?

For a property valued at Rs 22,00,000, the stamp duty would be Rs 1,54,000 and the registration fee would be Rs 44,000, totaling Rs 1,98,000.

Where is the Sub Registrar Office for Anumantharayan Kovil Street Main located?

The Sub Registrar Office for Anumantharayan Kovil Street Main is located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001.