Guideline Value for A.R. Layout

A.R. Layout guideline value

The current guideline value of A.R. Layout, located in Singanallur village under the Singanallur SRO, is Rs 1,000 per sq.ft, effective from 1 July 2024. This area falls under the Residential Class I Type - II land classification.

How the guideline value of A.R. Layout has changed

The guideline value for A.R. Layout has seen several revisions over the years. The 2012 revision set the value at Rs 750 per sq.ft, which then increased to Rs 502 per sq.ft in 2017. Following this, the value jumped significantly to Rs 1,000 per sq.ft in 2023 and remained the same in the 2024 revision, reflecting a 99% increase from 2017 to 2023. It is important to note that the register has no figure for this street in 2002, 2003, and 2007.

From 2012 to 2017, there was a decrease of 33%, but from 2012 to 2024, the overall increase is 33%. The current guideline value of Rs 1,000 per sq.ft in 2024 is consistent with the previous year's figure, indicating stability in the guideline value for this street.

Guideline values in Singanallur

In Singanallur, there are 313 streets under the Singanallur SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 3,360 per sq.ft, with a median value of Rs 1,120 per sq.ft. A.R. Layout's 2024 guideline value is below this median.

• Areomdrome Rd: Rs 1,680 per sq.ft (2024)
• Arul Jothipuram: Rs 1,120 per sq.ft (2024)
• Arb Garden: Rs 1,680 per sq.ft (2024)
• Arul Murugan Nagar (S.I.H.S. colony): Rs 1,001 per sq.ft (2024)
• Arumugam Street 1, 2: Rs 1,568 per sq.ft (2024)
• Anugraha apratment: Rs 1,792 per sq.ft (2024)

Stamp duty and registration fee for property in A.R. Layout

For a 1,000 sq.ft plot at the current rate of Rs 1,000 per sq.ft, the guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, totaling Rs 90,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers A.R. Layout?

A.R. Layout is covered by the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, in the Coimbatore registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor when registering a property in Singanallur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value helps both buyers and sellers understand the official valuation of the property. This value is used to calculate the applicable fees during the registration process, making it essential for all property transactions in the area.

Frequently asked questions

What is the current guideline value of A.R. Layout?

The current guideline value of A.R. Layout 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 changed from Rs 750 per sq.ft in 2012 to Rs 1,000 per sq.ft in 2024, with various revisions in between, including a significant increase of 99% from 2017 to 2023.

What is the median guideline value in Singanallur?

The median guideline value in Singanallur is Rs 1,120 per sq.ft for the year 2024, with A.R. Layout's value being below this median.

What are the stamp duty and registration fees for A.R. Layout?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would amount to Rs 90,000, which includes Rs 70,000 for stamp duty and Rs 20,000 for registration fees.

Which Sub Registrar Office covers A.R. Layout?

The Singanallur Sub Registrar Office covers A.R. Layout, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.