Guideline Value for ARANMANAIPUDUR SOUTH

Aranmanaipudur South guideline value

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

How the guideline value of Aranmanaipudur South has changed

The guideline value for Aranmanaipudur South 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. However, it then dropped to Rs 804 per sq.ft in 2017. The value rose significantly to Rs 1,200 per sq.ft in 2023, and the latest revision in 2024 set the value at Rs 1,320 per sq.ft. The register has no figures for the years 2002 and 2003.

From 2017 to 2023, the guideline value increased by 49%. The change from 2023 to 2024 reflects a 10% increase. Overall, from 2007 to 2024, the guideline value has risen by 33%.

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, with a median value of Rs 1,320 per sq.ft. The guideline value for Aranmanaipudur South aligns with this median.

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

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 charges 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 detailed calculations.

Which Sub Registrar Office covers Aranmanaipudur South?

The Sub Registrar Office that covers Aranmanaipudur South 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 a crucial factor during the registration of property transactions in Ward - N. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

Frequently asked questions

What is the current guideline value of Aranmanaipudur South?

The current guideline value of Aranmanaipudur South 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 are the stamp duty and registration fees for property in Aranmanaipudur South?

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

Which Sub Registrar Office covers this area?

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

What is the land classification for Aranmanaipudur South?

Aranmanaipudur South is classified as Residential Class II Type - II, which indicates its suitability for residential development.