Guideline Value for Arignar Anna Street (B/26/1 to 94)

Arignar Anna Street (B/26/1 to 94) guideline value

The current guideline value of Arignar Anna Street (B/26/1 to 94) is Rs 1,000 per sq.ft, effective from 1 July 2024. This street is located in Coonoor Ward - B Block - 1 under the Coonoor_Uthagamandalam SRO, classified as Residential Class I Type - I.

How the guideline value of Arignar Anna Street (B/26/1 to 94) has changed

The guideline value for Arignar Anna Street has seen several revisions over the years. In the 2012 revision, the value was set at Rs 1,000 per sq.ft. This figure remained unchanged until the 2017 revision, where it decreased to Rs 670 per sq.ft. The value then increased significantly to Rs 1,000 per sq.ft in the 2023 revision, and it has remained the same in the 2024 revision, reflecting a 49% increase from 2017 to 2023.

It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, comparing the 2012 and 2024 revisions, the guideline value has not changed, remaining at Rs 1,000 per sq.ft.

Guideline values in Coonoor Ward - B Block - 1

In Coonoor Ward - B Block - 1, there are 76 streets that carry a 2024 guideline value, ranging from Rs 300 to Rs 1,500 per sq.ft. The median value for these streets is Rs 1,000 per sq.ft, which is equal to the guideline value of Arignar Anna Street (B/26/1 to 94).

• Ambethkar Street: Rs 300 per sq.ft (2024)
• Allai Sait Compound (B/20/1 to 26): Rs 1,000 per sq.ft (2024)
• Barlose Salai (B/36/9): Rs 1,000 per sq.ft (2024)
• Bazaar Street (B/19/66 to 135): Rs 1,500 per sq.ft (2024)
• Aariyamala compoumd: Rs 1,000 per sq.ft (2024)
• Church Hill Area (B/39/1 to 42): Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Arignar Anna Street (B/26/1 to 94)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value would be Rs 10,00,000. The stamp duty would be charged at 7%, amounting to Rs 70,000, and the registration fee at 2%, amounting to Rs 20,000. Therefore, the total charges would be Rs 90,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Arignar Anna Street (B/26/1 to 94)?

The Sub Registrar Office that covers Arignar Anna Street (B/26/1 to 94) is the Coonoor_Uthagamandalam Sub Registrar Office, located at 80, Opposite To Subjail, Balaclava Road, Coonoor - 643 102, in the Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Coonoor Ward - B Block - 1

The guideline value is a crucial factor during the registration of property transactions in Coonoor Ward - B Block - 1. It serves as the minimum value on which stamp duty and registration fees are calculated, ensuring that the government receives appropriate revenue from property transactions.

When buying or selling property, it is essential to consider the guideline value as it impacts the overall cost of the transaction. Buyers should be aware that the final charges may vary depending on the sale price and the guideline value.

Frequently asked questions

What is the current guideline value of Arignar Anna Street?

The current guideline value of Arignar Anna Street (B/26/1 to 94) is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several changes, with the most recent revisions being Rs 1,000 per sq.ft in 2023 and 2024, up from Rs 670 per sq.ft in 2017 and Rs 1,000 per sq.ft in 2012.

What is the stamp duty rate for properties in Coonoor Ward - B Block - 1?

The stamp duty rate for properties in Coonoor Ward - B Block - 1 is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Arignar Anna Street?

The Sub Registrar Office for Arignar Anna Street (B/26/1 to 94) is located at 80, Opposite To Subjail, Balaclava Road, Coonoor - 643 102, in the Coimbatore registration zone.

What is the land classification for Arignar Anna Street?

Arignar Anna Street (B/26/1 to 94) is classified as Residential Class I Type - I, indicating its suitability for residential purposes.