Guideline Value for ARANMANAIPUDUR NADUPANGUMUTHU STREET

Aranmanaipudur Nadupangumuthu Street guideline value

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

How the guideline value of Aranmanaipudur Nadupangumuthu Street has changed

Over the years, the guideline value for Aranmanaipudur Nadupangumuthu Street has seen several revisions. The 2007 revision set the value at Rs 995 per sq.ft, which increased to Rs 1,200 per sq.ft in 2012. However, this figure dropped to Rs 804 per sq.ft in the 2017 revision. The subsequent 2023 revision raised the value significantly to Rs 1,200 per sq.ft, and the latest revision in 2024 has further increased it to Rs 1,320 per sq.ft. The register has no figure for this street for the years 2002 and 2003.

In terms of percentage changes, the value increased by 21% from 2007 to 2012, then decreased by 33% from 2012 to 2017. Following that, there was a substantial increase of 49% from 2017 to 2023. The jump from 2023 to 2024 was 10%, resulting in an overall increase of 33% from 2007 to 2024.

Guideline values in Ward - N

In Ward - N, there are 104 streets under the Tiruppur Joint II SRO that carry 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 matches the current guideline value of Aranmanaipudur Nadupangumuthu Street.

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

Stamp duty and registration fee for property in Aranmanaipudur Nadupangumuthu 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, making the total cost for these fees Rs 1,18,800. It is important to note that duty is charged on the higher of the guideline value or the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Aranmanaipudur Nadupangumuthu Street?

The Sub Registrar Office that covers Aranmanaipudur Nadupangumuthu 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 details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Ward - N. It is used to determine the stamp duty and registration fees that need to be paid at the time of registration, ensuring that the transaction is legally documented and recorded.

When a property is sold, the guideline value is considered to ensure that the sale price is in line with the official valuation. This helps maintain transparency in property transactions and prevents undervaluation or overvaluation of properties.

Frequently asked questions

What is the current guideline value of Aranmanaipudur Nadupangumuthu Street?

The current guideline value of Aranmanaipudur Nadupangumuthu 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 several times, with the latest revision in 2024 increasing it to Rs 1,320 per sq.ft from Rs 1,200 per sq.ft in 2023. The value was Rs 804 per sq.ft in 2017 and Rs 995 per sq.ft in 2007.

What is the classification of land in Aranmanaipudur Nadupangumuthu Street?

Aranmanaipudur Nadupangumuthu Street is classified as Residential Class II Type - II, indicating its suitability for residential development.

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

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

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value, the total fees would amount to Rs 1,18,800.