Guideline Value for ARANGASAMY NAGAR (CIVIL AERODROME)

Arangasamy Nagar (Civil Aerodrome) guideline value

The current guideline value of Arangasamy Nagar (Civil Aerodrome) is Rs 1,065 per sq.ft, effective from 1 July 2024. This property is located in KALAPATTY_East village, under the Gandhipuram SRO, and is classified as Residential Class I Type - I.

How the guideline value of Arangasamy Nagar (Civil Aerodrome) has changed

The guideline value for Arangasamy Nagar (Civil Aerodrome) has undergone several revisions over the years. The 2017 revision set the value at Rs 536 per sq.ft, which increased significantly to Rs 1,000 per sq.ft in the 2023 revision, marking an 87% increase. The most recent revision in 2024 raised the guideline value to Rs 1,065 per sq.ft, reflecting a 7% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 99%. It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in KALAPATTY_East

In KALAPATTY_East, there are 358 streets under the Gandhipuram SRO that carry a 2024 guideline value, ranging from Rs 1,010 to Rs 3,920 per sq.ft. The median value for these streets is Rs 1,055 per sq.ft, placing Arangasamy Nagar (Civil Aerodrome) above this median.

• Arena Gardens: Rs 2,010 per sq.ft (2024)
• Anora Gardens: Rs 1,230 per sq.ft (2024)
• Anna Street (Valiyampalayam): Rs 1,040 per sq.ft (2024)
• Anna Street (Kalappatti): Rs 1,040 per sq.ft (2024)
• Arulanantha Nagar (Thottipalayam): Rs 1,040 per sq.ft (2024)
• Arulanantha Puram: Rs 1,040 per sq.ft (2024)

Stamp duty and registration fee for property in Arangasamy Nagar (Civil Aerodrome)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,065 per sq.ft, the total guideline value would be Rs 10,65,000. The stamp duty at 7% would amount to Rs 74,550, and the registration fee at 2% would be Rs 21,300, bringing the total fees to Rs 95,850. 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 information.

Which Sub Registrar Office covers Arangasamy Nagar (Civil Aerodrome)?

The Sub Registrar Office that covers Arangasamy Nagar (Civil Aerodrome) 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 KALAPATTY_East

The guideline value is a crucial factor in property transactions in KALAPATTY_East, as it determines the minimum value at which a property can be registered. It is used to calculate the stamp duty and registration fees that buyers must pay during the transaction.

When a property is sold, the guideline value ensures that the sale price is aligned with the official valuation, helping to maintain transparency in property transactions. Buyers and sellers should be aware of the current guideline value to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Arangasamy Nagar (Civil Aerodrome)?

The current guideline value of Arangasamy Nagar (Civil Aerodrome) is Rs 1,065 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 536 per sq.ft in 2017 to Rs 1,065 per sq.ft in 2024, reflecting a total increase of 99% over these years.

What is the median guideline value in KALAPATTY_East?

The median guideline value in KALAPATTY_East is Rs 1,055 per sq.ft, with Arangasamy Nagar (Civil Aerodrome) positioned above this median at Rs 1,065 per sq.ft.

What are the stamp duty and registration fees for a property in Arangasamy Nagar?

For a property valued at Rs 10,65,000, the stamp duty would be Rs 74,550, and the registration fee would be Rs 21,300, totaling Rs 95,850.

Which registration office covers Arangasamy Nagar?

The Gandhipuram Sub Registrar Office covers Arangasamy Nagar (Civil Aerodrome), located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.