Guideline Value for ARASU PANIYALAR NAGAR

Arasu Paniyalar Nagar guideline value

The current guideline value of Arasu Paniyalar Nagar is Rs 700 per sq.ft, effective from 1 July 2024. This area is located in Nallur village, under the Nallur_Tiruppur SRO, and is classified as Residential Class V Type - III.

How the guideline value of Arasu Paniyalar Nagar has changed

According to the guideline value register, there are no figures available for Arasu Paniyalar Nagar from the revisions in 2002, 2003, 2007, 2012, and 2017. The 2023 revision also listed the guideline value at Rs 700 per sq.ft, which remains unchanged in the 2024 revision.

From 2023 to 2024, the guideline value experienced a change of +0%. The current value of Rs 700 per sq.ft is consistent with the previous year, indicating stability in the guideline value for this street.

Guideline values in Nallur

Nallur village consists of 280 streets under the Nallur_Tiruppur SRO, with guideline values ranging from Rs 700 to Rs 1,764 per sq.ft. The median guideline value in this area is Rs 714 per sq.ft, placing Arasu Paniyalar Nagar's 2024 figure below the median.

• Aruljothi Garden: Rs 708 per sq.ft (2024)
• Anugrakha Phase-I: Rs 840 per sq.ft (2024)
• Aruljothi Nagar: Rs 712 per sq.ft (2024)
• Arul Nagar: Rs 717 per sq.ft (2024)
• Arunachala Gounder Layout: Rs 708 per sq.ft (2024)
• Arun Garden: Rs 708 per sq.ft (2024)

Stamp duty and registration fee for property in Arasu Paniyalar Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 700 per sq.ft, the total guideline value amounts to Rs 7,00,000. The stamp duty at 7% would be Rs 49,000, and the registration fee at 2% would be Rs 14,000, totaling Rs 63,000. Duty is charged on the higher of the guideline value and the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Arasu Paniyalar Nagar?

The Sub Registrar Office that covers Arasu Paniyalar Nagar is the Nallur_Tiruppur Sub Registrar Office, located near Hotel Riverview, Nagapattinam 611002, 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 Nallur

The guideline value is a crucial factor during property registration in Nallur. It determines the amount of stamp duty and registration fees that must be paid, which are calculated based on the guideline value or the sale price, whichever is higher.

When buying or selling property, understanding the guideline value ensures that all financial obligations are met accurately. It is advisable to check the current guideline value before proceeding with any transactions.

Frequently asked questions

What is the current guideline value of Arasu Paniyalar Nagar?

The current guideline value of Arasu Paniyalar Nagar is Rs 700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

There have been no figures available for Arasu Paniyalar Nagar from the revisions in 2002, 2003, 2007, 2012, and 2017. The guideline value remained at Rs 700 per sq.ft in both the 2023 and 2024 revisions.

What is the median guideline value in Nallur?

The median guideline value in Nallur is Rs 714 per sq.ft. Arasu Paniyalar Nagar's current guideline value is below this median.

What are the stamp duty rates for property in Arasu Paniyalar Nagar?

The stamp duty for property in Arasu Paniyalar Nagar is charged at 7% of the guideline value or sale price, whichever is higher. The registration fee is charged at 2%.

Where is the Sub Registrar Office for Arasu Paniyalar Nagar located?

The Sub Registrar Office for Arasu Paniyalar Nagar is the Nallur_Tiruppur Sub Registrar Office, located near Hotel Riverview, Nagapattinam 611002, Coimbatore registration zone.