Guideline Value for ARANMANAIPUDUR SOUTH STREET

Aranmanaipudur South Street guideline value

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

How the guideline value of Aranmanaipudur South Street has changed

The guideline value for Aranmanaipudur South Street has seen several revisions over the years. In 2007, the value was Rs 995 per sq.ft, which increased to Rs 1,200 per sq.ft in 2012, marking a 21% rise. However, it then decreased to Rs 804 per sq.ft in 2017, reflecting a 33% decline. The value rose significantly to Rs 1,200 per sq.ft in 2023, and further increased by 10% to the current rate of Rs 1,320 per sq.ft in 2024.

From the 2017 revision to 2023, there was a substantial increase of 49%. The overall change from 2007 to 2024 shows a 33% increase in the guideline value. 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 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 is equal to the current guideline value of Aranmanaipudur South Street.

• Aranmanaipudur South: Rs 1,320 per sq.ft (2024)
• Aranmanaipudur Nadupangumuthu Street: Rs 1,320 per sq.ft (2024)
• Aranmanaipudur Nadupangu 2nd Street: Rs 1,320 per sq.ft (2024)
• Aranmanaipudur Nadupangu 1st 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 South 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, making the total cost for these fees 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 our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Aranmanaipudur South Street?

The Sub Registrar Office that covers Aranmanaipudur South 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 here.

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

The guideline value plays a crucial role in the registration of property transactions in Ward - N. It is used to determine the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, which is essential for legal and taxation purposes. It is important for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Aranmanaipudur South Street?

The current guideline value of Aranmanaipudur South 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 revisions in between, including a significant increase of 49% from 2017 to 2023.

What are the stamp duty and registration fees for property in this area?

The stamp duty is charged at 7%, and the registration fee is 2% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot, the total fees would be Rs 1,18,800.

Which Sub Registrar Office covers this street?

The Tiruppur Joint II Sub Registrar Office covers Aranmanaipudur South Street, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.

What other streets have the same guideline value in Ward - N?

Other streets in Ward - N that share the same guideline value of Rs 1,320 per sq.ft include Aranmanaipudur South, Aranmanaipudur Nadupangumuthu Street, Aranmanaipudur Nadupangu 2nd Street, Aranmanaipudur Nadupangu 1st Street, Aranmanaipudur Nadupangu, and Aranmanaipudur 4th Street.