Guideline Value for AMARJOTHI RATHINAGIRISWARAR NAGAR

Amarjothi Rathinagiriswarar Nagar guideline value

The current guideline value of Amarjothi Rathinagiriswarar Nagar is Rs 708 per sq.ft, effective from 1 July 2024. This area is located in Nallur village, under the Nallur_Tiruppur SRO, and is classified as Residential Class IV Type - I.

How the guideline value of Amarjothi Rathinagiriswarar Nagar has changed

Looking at the historical revisions, the guideline value for Amarjothi Rathinagiriswarar Nagar has undergone significant changes. In 2012, the guideline value was Rs 250 per sq.ft, which decreased to Rs 167 per sq.ft in 2017. Following this, the value increased dramatically to Rs 700 per sq.ft in 2023, marking a 319% rise from the 2017 figure. The most recent revision in 2024 saw a slight increase to Rs 708 per sq.ft, which is a 1% increase from the previous year.

There are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, comparing the 2012 figure to the current 2024 value, there has been an increase of 183% in the guideline value.

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. The median guideline value for these streets is Rs 714 per sq.ft, indicating that Amarjothi Rathinagiriswarar Nagar's 2024 figure is below this median.

• Amarjothi Pon Nagar: Rs 721 per sq.ft (2024)
• Amarjothi Pattatharasiamman Garden Extension: Rs 1,155 per sq.ft (2024)
• Amarjothi S.S.M. Nagar: Rs 1,155 per sq.ft (2024)
• Amarjothi Pattatharasiamman Garden: Rs 1,155 per sq.ft (2024)
• Amarjothi Narayansamy Nagar: Rs 1,155 per sq.ft (2024)
• Amarjothi Mullai Nagar: Rs 712 per sq.ft (2024)

Stamp duty and registration fee for property in Amarjothi Rathinagiriswarar Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 708 per sq.ft, the total guideline value amounts to Rs 7,08,000. The stamp duty at 7% would be Rs 49,560, and the registration fee at 2% would be Rs 14,160, making the total cost for these fees Rs 63,720. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Amarjothi Rathinagiriswarar Nagar?

The Amarjothi Rathinagiriswarar Nagar falls under the Nallur_Tiruppur Sub Registrar Office, located near Hotel Riverview, Nagapattinam 611002, Coimbatore registration zone. To find your SRO, you can visit this link.

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

The guideline value is a critical figure used during the registration of property transactions in Nallur. It serves as a benchmark for determining the stamp duty and registration fees payable at the time of property transfer.

When buying or selling property, the guideline value ensures that the transaction is recorded accurately and transparently, reflecting the official value set by the government. Buyers should be aware that the fees are based on this value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Amarjothi Rathinagiriswarar Nagar?

The current guideline value of Amarjothi Rathinagiriswarar Nagar is Rs 708 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed significantly from Rs 250 per sq.ft in 2012 to Rs 708 per sq.ft in 2024, which is an increase of 183% overall.

What is the land classification for Amarjothi Rathinagiriswarar Nagar?

Amarjothi Rathinagiriswarar Nagar is classified as Residential Class IV Type - I.

What is the registration office for Amarjothi Rathinagiriswarar Nagar?

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

How is stamp duty calculated for properties in Amarjothi Rathinagiriswarar Nagar?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 49,560.