Guideline Value for ARANMANAIPUDUR NADUPANGU 2ND STREET

Aranmanaipudur Nadupangu 2nd Street guideline value

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

How the guideline value of Aranmanaipudur Nadupangu 2nd Street has changed

The guideline value for Aranmanaipudur Nadupangu 2nd Street has seen several revisions over the years. The earliest recorded figure is from 2007, where the value was Rs 995 per sq.ft. This increased to Rs 1,200 per sq.ft in 2012, followed by a decrease to Rs 804 per sq.ft in 2017. The value then rose significantly to Rs 1,200 per sq.ft in 2023, and most recently to Rs 1,320 per sq.ft in 2024, reflecting a 10% increase from the previous year.

From 2017 to 2023, the value increased by 49%. The change from 2012 to 2017 saw a decline of 33%, while the increase from 2007 to 2012 was 21%. Overall, from 2007 to 2024, the guideline value has increased by 33%. The register does not have 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, with guideline values 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 2024 figure for Aranmanaipudur Nadupangu 2nd Street. Below are the guideline values for other streets in Ward - N:

• Aranmanaipudur Nadupangu 1st Street: Rs 1,320 per sq.ft (2024)
• Aranmanaipudur Nadupangumuthu Street: Rs 1,320 per sq.ft (2024)
• Aranmanaipudur Nadupangu: Rs 1,320 per sq.ft (2024)
• Aranmanaipudur South: Rs 1,320 per sq.ft (2024)
• Aranmanaipudur 4th Street: Rs 1,320 per sq.ft (2024)
• Aranmanaipudur South Street: Rs 1,320 per sq.ft (2024)

Stamp duty and registration fee for property in Aranmanaipudur Nadupangu 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 would be Rs 13,20,000. The stamp duty at 7% would amount to Rs 92,400, and the registration fee at 2% would be Rs 26,400, bringing the total fees together to Rs 1,18,800. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Aranmanaipudur Nadupangu 2nd Street?

The Sub Registrar Office that covers Aranmanaipudur Nadupangu 2nd Street is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, 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 Ward - N

The guideline value is a crucial factor when buying or selling property in Ward - N, as it determines the minimum price at which a property can be registered. Buyers and sellers must consider the guideline value to ensure compliance with local regulations during the registration process.

When a property is sold, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value for Aranmanaipudur Nadupangu 2nd Street?

The current guideline value for Aranmanaipudur Nadupangu 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 several revisions in between, including a notable increase of 49% from 2017 to 2023.

What is the land classification for this street?

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

Where can I find the Sub Registrar Office for this street?

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

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 13,20,000 would incur a stamp duty of Rs 92,400 at 7%.