Guideline Value for AARUDHRA ENCLAVE

Aarudhra Enclave guideline value

The current guideline value of Aarudhra Enclave is Rs 1,685 per sq.ft, effective from 1 July 2024. This property is located in Saravanmpatty. village under the Gandhipuram SRO, classified as Residential Special Type - III.

How the guideline value of Aarudhra Enclave has changed

The guideline value for Aarudhra Enclave has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 1,685 per sq.ft, which is an increase from the 2023 revision of Rs 1,500 per sq.ft. This change represents a 12% rise in the guideline value.

Prior to the 2023 revision, the register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street. Therefore, the only available figures are from 2023 and 2024.

Guideline values in Saravanmpatty.

In Saravanmpatty., there are 180 streets under the Gandhipuram SRO with a 2024 guideline value ranging from Rs 1,010 to Rs 5,654 per sq.ft. The median guideline value in this area is Rs 1,060 per sq.ft, placing Aarudhra Enclave's 2024 figure above this median.

• Abirami Avenue: Rs 1,055 per sq.ft (2024)
• Abirami Nagar: Rs 1,055 per sq.ft (2024)
• Adithiravidar Veethi -1: Rs 1,055 per sq.ft (2024)
• Adithiravidar Veethi -2: Rs 1,055 per sq.ft (2024)
• Alagu Nagar: Rs 1,055 per sq.ft (2024)
• Ambigapathi Veethi: Rs 1,045 per sq.ft (2024)

Stamp duty and registration fee for property in Aarudhra Enclave

For a 1,000 sq.ft plot at the current guideline value of Rs 1,685 per sq.ft, the total guideline value would be Rs 16,85,000. The stamp duty at 7% would amount to Rs 1,17,950, while the registration fee at 2% would be Rs 33,700, bringing the total to Rs 1,51,650. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Aarudhra Enclave?

The Sub Registrar Office that covers Aarudhra Enclave is the Gandhipuram Sub Registrar Office, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

You can find your SRO for more details.

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

The guideline value is a crucial factor when registering a property in Saravanmpatty. It is used to determine the stamp duty and registration fees that buyers must pay during the transaction process.

When a property is sold, the guideline value serves as a benchmark for calculating the associated costs, ensuring that both buyers and sellers are aware of the financial obligations involved in the registration of the property.

Frequently asked questions

What is the current guideline value of Aarudhra Enclave?

The current guideline value of Aarudhra Enclave is Rs 1,685 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

The guideline value increased from Rs 1,500 per sq.ft in 2023 to Rs 1,685 per sq.ft in 2024, representing a 12% rise.

What is the land classification for Aarudhra Enclave?

Aarudhra Enclave is classified as Residential Special Type - III under the Gandhipuram SRO.

How does the guideline value compare to other streets in Saravanmpatty?

The guideline value of Aarudhra Enclave is above the median value of Rs 1,060 per sq.ft for the 180 streets in Saravanmpatty. The other streets have varying rates, with the highest being Rs 5,654 per sq.ft.

What fees are associated with property registration in Aarudhra Enclave?

For a property valued at Rs 16,85,000, the total stamp duty would be Rs 1,17,950, and the registration fee would be Rs 33,700, leading to a total of Rs 1,51,650. These fees are based on the guideline value or the sale price, whichever is higher.