Guideline Value for ARANMANAI STREET

Aranmanai Street guideline value

The current guideline value of Aranmanai Street in Zaminuthukuzhi village is Rs 226 per sq.ft, effective from 1 July 2024. This street falls under the Pollachi SRO and is classified as Residential Special Type - II.

How the guideline value of Aranmanai Street has changed

The guideline value for Aranmanai Street has seen several revisions over the years. The earliest recorded figure is from 2007, which was Rs 120 per sq.ft. This increased to Rs 225 per sq.ft in 2012, marking an increase of 88%. However, between 2012 and 2017, the value decreased by 33% to Rs 151 per sq.ft. The subsequent revision in 2023 brought the value back to Rs 226 per sq.ft, which remained unchanged in the 2024 revision.

From 2017 to 2023, the guideline value rose by 50%. Overall, from 2007 to 2024, the guideline value has increased by 88%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Zaminuthukuzhi

Zaminuthukuzhi village has a total of 58 streets under the Pollachi SRO, with guideline values ranging from Rs 200 to Rs 501 per sq.ft. The median guideline value for these streets is Rs 226 per sq.ft, which is equal to the current guideline value of Aranmanai Street.

• Arafa Garden: Rs 226 per sq.ft (2024)
• Arunthatiyar Street: Rs 200 per sq.ft (2024)
• Asariyar Street: Rs 226 per sq.ft (2024)
• Angappa Pillai Lane: Rs 226 per sq.ft (2024)
• Bangalaw Road: Rs 226 per sq.ft (2024)
• Bodipalayam Road: Rs 226 per sq.ft (2024)

Stamp duty and registration fee for property in Aranmanai Street

For a 1,000 sq.ft plot at the current guideline value of Rs 226 per sq.ft, the total guideline value would be Rs 2,26,000. The stamp duty at 7% would amount to Rs 15,820, and the registration fee at 2% would be Rs 4,520, bringing the total cost for these fees to Rs 20,340. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for further assistance.

Which Sub Registrar Office covers Aranmanai Street?

The Sub Registrar Office that covers Aranmanai Street is the Pollachi Sub Registrar Office, located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001, in the Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial reference point when buying or selling property in Zaminuthukuzhi. It helps determine the stamp duty and registration fees that need to be paid during the registration process. Buyers and sellers should be aware that the guideline value is set by the government and is subject to periodic revisions.

During a property transaction, the guideline value serves as a benchmark for the minimum value at which a property can be registered. This ensures that the state receives appropriate revenue through stamp duty and registration fees based on the established guideline values.

Frequently asked questions

What is the current guideline value of Aranmanai Street?

The current guideline value of Aranmanai Street is Rs 226 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, starting from Rs 120 per sq.ft in 2007 to Rs 226 per sq.ft in 2024, with notable changes in between.

What is the land classification for Aranmanai Street?

Aranmanai Street is classified as Residential Special Type - II under the Pollachi SRO.

Where can I find the Sub Registrar Office for Aranmanai Street?

The Sub Registrar Office for Aranmanai Street is located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001, in the Coimbatore registration zone.

How are stamp duties calculated for properties in Zaminuthukuzhi?

Stamp duties are calculated based on the guideline value or the sale price, whichever is higher. The current rates are 7% for stamp duty and 2% for the registration fee.