Guideline Value for A.R.G.P.Balagurumoorthy Chettiar Layout

A.R.G.P.Balagurumoorthy Chettiar Layout guideline value

The current guideline value of A.R.G.P.Balagurumoorthy Chettiar Layout is Rs 2,600 per sq.ft, effective from 1 July 2024. This layout is located in Ward 13, under the Coimbatore South Joint 1 SRO, and is classified as Residential Class I Type - I.

How the guideline value of A.R.G.P.Balagurumoorthy Chettiar Layout has changed

The guideline value for A.R.G.P.Balagurumoorthy Chettiar Layout has seen several revisions over the years. The register has no figure for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 2,300 per sq.ft. This increased by 13% to Rs 2,600 per sq.ft in the 2024 revision.

With the 2024 revision, the guideline value aligns with the median of Rs 2,600 per sq.ft for 56 streets in Ward 13 under the Coimbatore South Joint 1 SRO. This indicates a consistent valuation compared to other streets in the area.

Guideline values in Ward 13

In Ward 13, the guideline values range from Rs 2,000 to Rs 4,000 per sq.ft, with a median of Rs 2,600 per sq.ft. A.R.G.P.Balagurumoorthy Chettiar Layout's guideline value matches this median. Below are some other streets in Ward 13:

• Angammal Layout: Rs 2,000 per sq.ft (2024)
• Anbu Street: Rs 2,000 per sq.ft (2024)
• Anbagam Street: Rs 2,000 per sq.ft (2024)
• Banari amman Kovi Street: Rs 2,000 per sq.ft (2024)
• Bharathi Nagar: Rs 2,000 per sq.ft (2024)
• Abbai Nagar: Rs 2,600 per sq.ft (2024)

Stamp duty and registration fee for property in A.R.G.P.Balagurumoorthy Chettiar Layout

For a 1,000 sq.ft plot at the current guideline value of Rs 2,600 per sq.ft, the total guideline value would be Rs 26,00,000. The stamp duty at 7% would amount to Rs 1,82,000, and the registration fee at 2% would be Rs 52,000, making the total fees Rs 2,34,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers A.R.G.P.Balagurumoorthy Chettiar Layout?

The A.R.G.P.Balagurumoorthy Chettiar Layout is covered by the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward 13

The guideline value is a crucial factor during the registration process of property transactions in Ward 13. It is used to determine the stamp duty and registration fees that need to be paid, ensuring that the transaction is documented accurately.

When buying or selling property, the guideline value serves as a benchmark for both parties. It helps in establishing a fair price for the property, which is essential for legal documentation and taxation purposes.

Frequently asked questions

What is the current guideline value of A.R.G.P.Balagurumoorthy Chettiar Layout?

The current guideline value of A.R.G.P.Balagurumoorthy Chettiar Layout is Rs 2,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed in recent years?

The guideline value increased from Rs 2,300 per sq.ft in 2023 to Rs 2,600 per sq.ft in 2024, marking a 13% increase.

What is the land classification for A.R.G.P.Balagurumoorthy Chettiar Layout?

A.R.G.P.Balagurumoorthy Chettiar Layout is classified as Residential Class I Type - I.

What are the stamp duty and registration fees for property in this layout?

For a property valued at Rs 26,00,000, the stamp duty would be Rs 1,82,000 and the registration fee would be Rs 52,000, totaling Rs 2,34,000.

Which office handles registrations for A.R.G.P.Balagurumoorthy Chettiar Layout?

The Coimbatore South Joint 1 Sub Registrar Office handles registrations for A.R.G.P.Balagurumoorthy Chettiar Layout, located at No.410a, Raja Street, Coimbatore-641001.