Guideline Value for ARANMANAIPUDUR NADUPANGU

Aranmanaipudur Nadupangu guideline value

The current guideline value of Aranmanaipudur Nadupangu is Rs 1,320 per sq.ft, effective from 1 July 2024. This property is located in Ward - N under the Tiruppur Joint II SRO and falls under the Residential Class II Type - II land classification.

How the guideline value of Aranmanaipudur Nadupangu has changed

The guideline value for Aranmanaipudur Nadupangu has undergone several revisions over the years. The earliest recorded revision is from 2007, which set the value at Rs 995 per sq.ft. This figure increased to Rs 1,200 per sq.ft in 2012, but then decreased to Rs 804 per sq.ft in 2017. The value saw a significant rise to Rs 1,200 per sq.ft in 2023, and currently stands at Rs 1,320 per sq.ft as of the 2024 revision. It is important to note that there are no figures available for the years 2002 and 2003 for this street.

From 2017 to 2023, there was a notable increase of 49%, while the value increased by 10% from 2023 to 2024. The overall change from 2007 to 2024 reflects a 33% increase in the guideline value. This consistent upward trend indicates the evolving valuation of properties in this area.

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 guideline value is Rs 1,320 per sq.ft, which is the same as the current value for Aranmanaipudur Nadupangu.

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

Stamp duty and registration fee for property in Aranmanaipudur Nadupangu

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, bringing the total cost for these fees to Rs 1,18,800. It is essential 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 more precise calculations based on your property details.

Which Sub Registrar Office covers Aranmanaipudur Nadupangu?

The Sub Registrar Office that covers Aranmanaipudur Nadupangu 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 further assistance.

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

The guideline value is a crucial factor in property transactions within Ward - N. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that transactions are recorded accurately and transparently.

When buying or selling property, the guideline value is used to calculate applicable fees such as stamp duty and registration charges. This ensures that both buyers and sellers are aware of the financial implications involved in the transaction.

Frequently asked questions

What is the current guideline value of Aranmanaipudur Nadupangu?

The current guideline value of Aranmanaipudur Nadupangu 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, reflecting an overall increase of 33% over the years.

What is the land classification for Aranmanaipudur Nadupangu?

Aranmanaipudur Nadupangu is classified as Residential Class II Type - II.

What are the stamp duty and registration fees for property transactions?

For a property valued at Rs 13,20,000, the stamp duty is Rs 92,400 and the registration fee is Rs 26,400, totaling Rs 1,18,800 in fees.

Where can I find the Sub Registrar Office for Aranmanaipudur Nadupangu?

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