Guideline Value for AMARJOTHI ARUNA NAGAR

Amarjothi Aruna Nagar guideline value

The current guideline value of Amarjothi Aruna Nagar is Rs 702 per sq.ft, effective from 1 July 2024. This area is located in Nallur village under the Nallur_Tiruppur SRO, classified as Residential Class V Type - I.

How the guideline value of Amarjothi Aruna Nagar has changed

The guideline value for Amarjothi Aruna Nagar has undergone several revisions over the years. The earliest recorded figure is from 2007, when it was Rs 80 per sq.ft. This increased to Rs 175 per sq.ft in 2012, then decreased to Rs 117 per sq.ft in 2017. The subsequent revision in 2023 raised the value to Rs 700 per sq.ft, and the latest revision in 2024 set it at Rs 702 per sq.ft. There are no figures available for the years 2002 and 2003 for this street.

From 2017 to 2023, the guideline value saw a significant increase of 498%. However, from 2012 to 2017, there was a decrease of 33%. The increase from 2007 to 2012 was 119%, and overall, from 2007 to 2024, the guideline value has risen by 778%.

Guideline values in Nallur

In Nallur, there are 280 streets under the Nallur_Tiruppur SRO with a 2024 guideline value ranging from Rs 700 to Rs 1,764 per sq.ft, with a median of Rs 714 per sq.ft. Amarjothi Aruna Nagar's 2024 guideline value is below this median.

• Amarjothi A.S.Nagar: Rs 1,155 per sq.ft (2024)
• Amarjothi Brindhavan Gardens: Rs 712 per sq.ft (2024)
• Amarjothi Garden: Rs 1,155 per sq.ft (2024)
• Amarjothi Lakshmi Nagar: Rs 708 per sq.ft (2024)
• Amarjothi Mullai Nagar: Rs 712 per sq.ft (2024)
• Amarjothi Narayansamy Nagar: Rs 1,155 per sq.ft (2024)

Stamp duty and registration fee for property in Amarjothi Aruna Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 702 per sq.ft, the total guideline value would be Rs 7,02,000. The stamp duty at 7% would amount to Rs 49,140, and the registration fee at 2% would be Rs 14,040, bringing the total cost to Rs 63,180. The 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 Amarjothi Aruna Nagar?

The Sub Registrar Office that covers Amarjothi Aruna Nagar is the Nallur_Tiruppur Sub Registrar Office, located near Hotel Riverview, Nagapattinam 611002, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor when registering property transactions in Nallur. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the sale or purchase of property.

When you buy or sell property, the guideline value helps ensure that the transaction is recorded at a fair value. This is crucial for both buyers and sellers, as it impacts the overall cost of the transaction and the legal documentation involved.

Frequently asked questions

What is the current guideline value of Amarjothi Aruna Nagar?

The current guideline value of Amarjothi Aruna Nagar is Rs 702 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 80 per sq.ft in 2007 to Rs 702 per sq.ft in 2024, reflecting an overall increase of 778% over the years.

What is the land classification of Amarjothi Aruna Nagar?

Amarjothi Aruna Nagar is classified as Residential Class V Type - I.

How much is the stamp duty for a property in Amarjothi Aruna Nagar?

The stamp duty for property in Amarjothi Aruna Nagar is 7% of the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office for Amarjothi Aruna Nagar located?

The Sub Registrar Office for Amarjothi Aruna Nagar is the Nallur_Tiruppur Sub Registrar Office, located near Hotel Riverview, Nagapattinam 611002, Coimbatore registration zone.