Guideline Value for ARANMANAI STREET

Aranmanai Street guideline value

The current guideline value of Aranmanai Street in Dhali village is Rs 200 per sq.ft, effective from 1 July 2024. This street falls under the Udumalpettai SRO and is classified as Commercial Class I Type - I.

How the guideline value of Aranmanai Street has changed

In the 2007 revision, the guideline value for Aranmanai Street was Rs 35 per sq.ft. This increased to Rs 80 per sq.ft in 2012, marking a 129% rise. The value then rose to Rs 100 per sq.ft in 2017, representing a 25% increase from the previous revision. Between 2017 and 2023, the guideline value remained at Rs 200 per sq.ft, reflecting a 100% increase from the 2017 figure. The 2024 revision also holds the guideline value at Rs 200 per sq.ft, showing no change from the previous year.

It is important to note that the register has no figures for Aranmanai Street for the years 2002 and 2003. Overall, from 2007 to 2024, the guideline value has increased by 471%.

Guideline values in Dhali

In Dhali, there are 36 streets under the Udumalpettai SRO that carry a 2024 guideline value, all set at Rs 200 per sq.ft, with the median also being Rs 200 per sq.ft. Aranmanai Street's 2024 figure is equal to this median.

• Anna Street: Rs 200 per sq.ft (2024)
• Arumugam Salai: Rs 200 per sq.ft (2024)
• Anaimalai Road: Rs 200 per sq.ft (2024)
• Baganai Kovil Street: Rs 200 per sq.ft (2024)
• Ambhedkar Street: Rs 200 per sq.ft (2024)
• Alaghar Street: Rs 200 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 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total fees together to Rs 18,000. Please note that 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 further calculations.

Which Sub Registrar Office covers Aranmanai Street?

The Sub Registrar Office that covers Aranmanai Street is the Udumalpettai Sub Registrar Office, located at 21, Katcheri Street, Taluk Office Campus, Udumalapet-642126, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Dhali. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on the established value of the property.

When buying or selling property, it is essential to consider the guideline value, as it can affect the overall expenses involved in the transaction. Buyers should be aware that the guideline value is used to determine the minimum value on which stamp duty is calculated, which may impact their financial planning.

Frequently asked questions

What is the current guideline value of Aranmanai Street?

The current guideline value of Aranmanai Street is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen significant changes, rising from Rs 35 per sq.ft in 2007 to Rs 200 per sq.ft in 2024, reflecting an overall increase of 471%.

What is the land classification of Aranmanai Street?

Aranmanai Street is classified as Commercial Class I Type - I, indicating its suitability for commercial activities.

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

The Sub Registrar Office for Aranmanai Street is the Udumalpettai Sub Registrar Office, located at 21, Katcheri Street, Taluk Office Campus, Udumalapet-642126, Coimbatore registration zone.

How is stamp duty calculated for property in Aranmanai Street?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value would incur a total stamp duty and registration fee of Rs 18,000.