Guideline Value for ARCHID PARADISE

Archid Paradise guideline value

The current guideline value of Archid Paradise is Rs 280 per sq.ft, effective from 1 July 2024. This property is located in Chettipalayam village, under the Kinathukkadavu SRO, and is classified as Residential Class I Type - I.

How the guideline value of Archid Paradise has changed

In the 2024 revision, the guideline value for Archid Paradise is set at Rs 280 per sq.ft. The register has no figures for this street for the years 2023, 2017, 2012, 2007, 2003, and 2002.

There have been no changes in the guideline value between the revisions mentioned above. The 2024 figure of Rs 280 per sq.ft aligns with the median guideline value for other streets in Chettipalayam.

Guideline values in Chettipalayam

Chettipalayam has 158 streets under the Kinathukkadavu SRO, with the 2024 guideline values ranging from Rs 225 to Rs 680 per sq.ft. The median guideline value is Rs 280 per sq.ft, which is the same as that of Archid Paradise.

• Arasupaniyalar Nagar: Rs 280 per sq.ft (2024)
• Arijana Kalani: Rs 225 per sq.ft (2024)
• Arputham Nagar: Rs 280 per sq.ft (2024)
• Anumandharayar Koil Street: Rs 280 per sq.ft (2024)
• Annan Nagar: Rs 225 per sq.ft (2024)
• Athayi Chettiar Street: Rs 280 per sq.ft (2024)

Stamp duty and registration fee for property in Archid Paradise

For a 1,000 sq.ft plot at the current guideline value of Rs 280 per sq.ft, the total guideline value amounts to Rs 2,80,000. The stamp duty at 7% would be Rs 19,600, and the registration fee at 2% would be Rs 5,600, resulting in a total of Rs 25,200. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Archid Paradise?

The Sub Registrar Office that covers Archid Paradise is the Kinathukkadavu Sub Registrar Office, located at 151 Coimbatore To Pollachi Main Road, Kinathukadavu- 642109, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Chettipalayam. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value serves as a benchmark for calculating the applicable stamp duty and registration fees. This value is especially important as it can influence the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Archid Paradise?

The current guideline value of Archid Paradise is Rs 280 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Archid Paradise has been Rs 280 per sq.ft in the 2024 revision. The register has no figures for the years 2023, 2017, 2012, 2007, 2003, and 2002.

What is the land classification for Archid Paradise?

Archid Paradise is classified as Residential Class I Type - I, indicating its designation for residential use.

What are the stamp duty and registration fees for properties in Archid Paradise?

For a property valued at Rs 2,80,000, the stamp duty would be Rs 19,600 and the registration fee would be Rs 5,600, totaling Rs 25,200. Duty is charged on the higher of the guideline value and the sale price.

Where is the Sub Registrar Office for Archid Paradise located?

The Kinathukkadavu Sub Registrar Office is located at 151 Coimbatore To Pollachi Main Road, Kinathukadavu- 642109, Coimbatore registration zone.