Guideline Value for ARANMANAIPUDUR 2ND STREET

Aranmanaipudur 2nd Street guideline value

The current guideline value of Aranmanaipudur 2nd Street is Rs 1,320 per sq.ft, effective from 1 July 2024. This street is located in Ward - N village, under the Tiruppur Joint II SRO, and is classified as Residential Class II Type - II.

How the guideline value of Aranmanaipudur 2nd Street has changed

The guideline value for Aranmanaipudur 2nd Street has seen several revisions over the years. The earliest recorded revision is from 2007, where the value was Rs 995 per sq.ft. This increased to Rs 1,200 per sq.ft in 2012, but then decreased to Rs 804 per sq.ft in 2017. Following this, the value rose significantly to Rs 1,200 per sq.ft in 2023, and finally reached Rs 1,320 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

Between the 2017 and 2023 revisions, there was a notable increase of 49%. From 2012 to 2017, the value decreased by 33%, while from 2007 to 2012, it increased by 21%. Overall, from 2007 to 2024, the guideline value has increased by 33%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Ward - N

In Ward - N, there are 104 streets under the Tiruppur Joint II SRO that have a 2024 guideline value ranging from Rs 701 to Rs 5,500 per sq.ft. The median value is Rs 1,320 per sq.ft, which is equal to the guideline value of Aranmanaipudur 2nd Street.

• Aranmanaipudur 1st Street: Rs 1,320 per sq.ft (2024)
• Aranmanaipudur 3rd Street: Rs 1,320 per sq.ft (2024)
• Aranmanaipudur 4th Street: Rs 1,320 per sq.ft (2024)
• Aranmanaipudur Nadupangu: Rs 1,320 per sq.ft (2024)
• Aranmanaipudur Nadupangu 1st Street: Rs 1,320 per sq.ft (2024)
• Aranmanaipudur Nadupangu 2nd Street: Rs 1,320 per sq.ft (2024)

Stamp duty and registration fee for property in Aranmanaipudur 2nd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value amounts to Rs 13,20,000. The stamp duty at 7% would be Rs 92,400, and the registration fee at 2% would be Rs 26,400, together totaling Rs 1,18,800. 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 more details.

Which Sub Registrar Office covers Aranmanaipudur 2nd Street?

The Sub Registrar Office that covers Aranmanaipudur 2nd Street is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward - N

The guideline value is an essential factor in property transactions in Ward - N. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue from stamp duties and registration fees.

When buying or selling property, the guideline value helps in calculating the applicable stamp duty and registration fees. Buyers should be aware that these fees are based on the higher of the guideline value or the sale price, which ensures that the transaction is recorded accurately and fairly.

Frequently asked questions

What is the current guideline value of Aranmanaipudur 2nd Street?

The current guideline value of Aranmanaipudur 2nd Street is Rs 1,320 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 995 per sq.ft in 2007 to Rs 1,320 per sq.ft in 2024, with various increases and decreases along the way, including a significant rise of 49% from 2017 to 2023.

What is the land classification of Aranmanaipudur 2nd Street?

Aranmanaipudur 2nd Street is classified as Residential Class II Type - II.

Where can I find the Sub Registrar Office for Aranmanaipudur 2nd Street?

The Sub Registrar Office for Aranmanaipudur 2nd Street is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.

How is the stamp duty calculated for properties in Aranmanaipudur 2nd Street?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the stamp duty would amount to Rs 92,400 based on the current guideline value.