Guideline Value for ARIJANA COLONY

Arijana Colony guideline value

The current guideline value of Arijana Colony, located in Kallikanaickenpalayam village under the Thondamuthur SRO, is Rs 225 per sq.ft, effective from 1 July 2024. This area falls under the Residential Class I Type - III land classification.

How the guideline value of Arijana Colony has changed

Over the years, the guideline value for Arijana Colony has seen several revisions. The earliest recorded figure is from 2007, where the guideline value was Rs 60 per sq.ft. This increased to Rs 175 per sq.ft in 2012, marking a significant rise of 192%. However, from 2012 to 2017, the value decreased to Rs 117 per sq.ft, a drop of 33%. The value then saw a substantial increase to Rs 200 per sq.ft in 2023, which was a 71% rise. The latest revision in 2024 sets the guideline value at Rs 225 per sq.ft, reflecting a 13% increase from the previous year.

It is important to note that there are no figures available for the years 2002 and 2003 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 275%.

Guideline values in Kallikanaickenpalayam

Kallikanaickenpalayam village features 51 streets under the Thondamuthur SRO, with guideline values ranging from Rs 225 to Rs 1,180 per sq.ft. The median guideline value in this area is Rs 250 per sq.ft, indicating that Arijana Colony's 2024 figure is below this median.

• Aruchamy Devar Nagar: Rs 250 per sq.ft (2024)
• Ayyammal Avenue: Rs 560 per sq.ft (2024)
• Ambal Nagar: Rs 250 per sq.ft (2024)
• Bose Garden: Rs 560 per sq.ft (2024)
• BOYER St: Rs 225 per sq.ft (2024)
• C P C Avanue: Rs 450 per sq.ft (2024)

Stamp duty and registration fee for property in Arijana Colony

For a 1,000 sq.ft plot at the current guideline value of Rs 225 per sq.ft, the total guideline value amounts to Rs 2,25,000. The stamp duty, charged at 7%, would be Rs 15,750, while the registration fee at 2% would be Rs 4,500. Together, these fees total Rs 20,250. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Arijana Colony?

The Sub Registrar Office that covers Arijana Colony is the Thondamuthur Sub Registrar Office, located at 5/33, Chinnammal Complex, Mappillai Gounder Thottam, Narasipuram Main Road, Thondamuthur, Perur Taluk, Coimbatore- 641 108, Coimbatore registration zone. You can find your SRO here.

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

The guideline value plays a crucial role in property transactions in Kallikanaickenpalayam. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees that need to be paid. This ensures that all transactions are recorded accurately and transparently, reflecting the official value set by the registration department.

It is essential for buyers and sellers to be aware of the current guideline value, as it affects the overall cost of property transactions. This value is periodically revised, so staying updated with the latest figures is important for anyone involved in real estate in the area.

Frequently asked questions

What is the current guideline value of Arijana Colony?

The current guideline value of Arijana Colony is Rs 225 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 60 per sq.ft in 2007 to Rs 225 per sq.ft in 2024, reflecting an overall increase of 275% over the years.

What is the land classification for Arijana Colony?

Arijana Colony falls under the Residential Class I Type - III land classification, indicating its designated use for residential purposes.

Where is the Thondamuthur Sub Registrar Office located?

The Thondamuthur Sub Registrar Office is located at 5/33, Chinnammal Complex, Mappillai Gounder Thottam, Narasipuram Main Road, Thondamuthur, Perur Taluk, Coimbatore- 641 108, Coimbatore registration zone.

How is stamp duty calculated in Arijana Colony?

Stamp duty in Arijana Colony is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot valued at Rs 2,25,000, the stamp duty would be Rs 15,750.