Guideline Value for AMARJOTHI MULLAI NAGAR

Amarjothi Mullai Nagar guideline value

The current guideline value of Amarjothi Mullai Nagar is Rs 712 per sq.ft, effective from 1 July 2024. This street is located in Nallur village, under the Nallur_Tiruppur SRO, and is classified as Residential Class III Type - I.

How the guideline value of Amarjothi Mullai Nagar has changed

Over the years, the guideline value of Amarjothi Mullai Nagar has seen several revisions. In 2007, the value was Rs 130 per sq.ft, which increased to Rs 325 per sq.ft in 2012. However, there was a significant drop to Rs 218 per sq.ft in 2017. From 2017 to 2023, the value surged to Rs 700 per sq.ft, marking a 221% increase. The most recent revision in 2024 set the value at Rs 712 per sq.ft, reflecting a 2% increase from the previous year.

There are no figures available for the years 2002 and 2003 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 448%.

Guideline values in Nallur

Nallur village has a total of 280 streets under the Nallur_Tiruppur SRO, with 2024 guideline values ranging from Rs 700 to Rs 1,764 per sq.ft. The median guideline value for these streets is Rs 714 per sq.ft, placing Amarjothi Mullai Nagar's 2024 figure slightly below this median.

• Amarjothi Lakshmi Nagar: Rs 708 per sq.ft (2024)
• Amarjothi Narayansamy Nagar: Rs 1,155 per sq.ft (2024)
• Amarjothi Garden: Rs 1,155 per sq.ft (2024)
• Amarjothi Pattatharasiamman Garden: Rs 1,155 per sq.ft (2024)
• Amarjothi Pattatharasiamman Garden Extension: Rs 1,155 per sq.ft (2024)
• Amarjothi Pon Nagar: Rs 721 per sq.ft (2024)

Stamp duty and registration fee for property in Amarjothi Mullai Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 712 per sq.ft, the total guideline value would be Rs 7,12,000. The stamp duty at 7% would amount to Rs 49,840, and the registration fee at 2% would be Rs 14,240, bringing the total cost to Rs 64,080. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers Amarjothi Mullai Nagar?

The Sub Registrar Office that covers Amarjothi Mullai 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 a critical factor when buying or selling property in Nallur. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction.

When registering a property, the buyer must pay the applicable stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the correct revenue from property transactions.

Frequently asked questions

What is the current guideline value of Amarjothi Mullai Nagar?

The current guideline value of Amarjothi Mullai Nagar is Rs 712 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 130 per sq.ft in 2007 to Rs 712 per sq.ft in 2024, showing an overall increase of 448% over the years.

What is the stamp duty for property in Amarjothi Mullai Nagar?

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

Which Sub Registrar Office covers this area?

The Nallur_Tiruppur Sub Registrar Office covers Amarjothi Mullai Nagar, located near Hotel Riverview, Nagapattinam 611002, Coimbatore registration zone.

Where can I find the guideline values for other streets in Nallur?

You can find the guideline values for other streets in Nallur by checking the respective links provided for each street's guideline value.