Guideline Value for ARB GARDEN

Arb Garden guideline value

The current guideline value of Arb Garden in Singanallur village, under the Singanallur SRO, is Rs 1,680 per sq.ft, effective from 1 July 2024. The land classification for this area is Mixed Type - I.

How the guideline value of Arb Garden has changed

The guideline value for Arb Garden has seen significant changes over the years. In the 2017 revision, the value was Rs 1,005 per sq.ft. This increased to Rs 1,500 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 set the guideline value at Rs 1,680 per sq.ft, which is a 12% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 67%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Singanallur

In Singanallur, there are 313 streets under the Singanallur SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 3,360 per sq.ft, with a median value of Rs 1,120 per sq.ft. The guideline value for Arb Garden is above this median.

• Areomdrome Rd: Rs 1,680 per sq.ft (2024)
• A.R. Layout: Rs 1,000 per sq.ft (2024)
• Arul Jothipuram: Rs 1,120 per sq.ft (2024)
• Anugraha apratment: Rs 1,792 per sq.ft (2024)
• Arul Murugan Nagar (S.I.H.S. colony): Rs 1,001 per sq.ft (2024)
• Annayangkadu Road Ext Street1: Rs 1,680 per sq.ft (2024)

Stamp duty and registration fee for property in Arb Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,680 per sq.ft, the total guideline value would be Rs 16,80,000. The stamp duty at 7% would be Rs 1,17,600, and the registration fee at 2% would be Rs 33,600, making the total cost Rs 1,51,200. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Arb Garden?

The Sub Registrar Office that covers Arb Garden is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Singanallur

The guideline value is a critical factor when buying or selling property in Singanallur, as it determines the stamp duty and registration fees payable during the transaction. Buyers and sellers must consider the guideline value to ensure compliance with local regulations during the registration process.

When a property is registered, the guideline value serves as a baseline for calculating the applicable fees. This ensures that the transaction is recorded accurately and that the necessary taxes are paid based on the established values set by the Registration Department.

Frequently asked questions

What is the current guideline value of Arb Garden?

The current guideline value of Arb Garden is Rs 1,680 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,005 per sq.ft in 2017 to Rs 1,680 per sq.ft in 2024. This represents an overall increase of 67% over the seven years.

What is the land classification for Arb Garden?

The land classification for Arb Garden is Mixed Type - I, which indicates the type of development permitted in the area.

What are the stamp duty and registration fees for a property in Arb Garden?

The stamp duty is calculated at 7% of the guideline value, and the registration fee is 2%. For a property valued at Rs 16,80,000, the total fees would amount to Rs 1,51,200.

Which office handles registrations for Arb Garden?

The Singanallur Sub Registrar Office handles registrations for Arb Garden, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.