Guideline Value for ARISTO NAGAR

Aristo Nagar guideline value

The current guideline value of Aristo Nagar, located in Vellalore village under the Singanallur SRO, is Rs 825 per sq.ft as per the 2024 revision effective from 1 July 2024. The land classification for this area is Residential Special Type - II.

How the guideline value of Aristo Nagar has changed

According to the guideline value register, there are no figures available for Aristo Nagar in the revisions from 2023, 2017, 2012, 2007, 2003, and 2002. The most recent figure is from the 2024 revision, which is Rs 825 per sq.ft.

Since there are no previous figures for this street, the current guideline value reflects the latest assessment. There have been no changes between the revisions, as the register does not provide any historical values for this specific street.

Guideline values in Vellalore

In Vellalore, there are 307 streets under the Singanallur SRO that carry a 2024 guideline value, ranging from Rs 210 to Rs 3,850 per sq.ft, with a median value of Rs 330 per sq.ft. The guideline value for Aristo Nagar is above this median.

• Appanaidu Layout Part: Rs 770 per sq.ft (2024)
• Appa Naidu Layout Extension: Rs 770 per sq.ft (2024)
• Arumuganayakar street: Rs 220 per sq.ft (2024)
• Appai naidu layout: Rs 330 per sq.ft (2024)
• Appachiar Street: Rs 275 per sq.ft (2024)
• Anugraha gardens: Rs 220 per sq.ft (2024)

Stamp duty and registration fee for property in Aristo Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 825 per sq.ft, the total guideline value would be Rs 8,25,000. The stamp duty at 7% would amount to Rs 57,750, and the registration fee at 2% would be Rs 16,500, bringing the total fees to Rs 74,250. 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 Aristo Nagar?

The Sub Registrar Office that covers Aristo Nagar 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 Vellalore

The guideline value is an essential factor during the registration of property transactions in Vellalore. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling property in this area.

When a property is registered, the guideline value serves as a benchmark for calculating these fees. Buyers should be aware that the stamp duty is charged on the higher of the guideline value or the sale price, ensuring that the correct amount is paid during the registration process.

Frequently asked questions

What is the current guideline value of Aristo Nagar?

The current guideline value of Aristo Nagar is Rs 825 per sq.ft as per the 2024 revision effective from 1 July 2024.

How has the guideline value changed over the years?

There are no figures available for Aristo Nagar in the revisions from 2023, 2017, 2012, 2007, 2003, and 2002. The only available figure is from the 2024 revision.

What is the land classification for Aristo Nagar?

The land classification for Aristo Nagar is Residential Special Type - II, indicating its designated use within the area.

What are the stamp duty and registration fees for property in Aristo Nagar?

For a property valued at Rs 8,25,000, the stamp duty would be Rs 57,750 and the registration fee would be Rs 16,500, totaling Rs 74,250. These fees are based on the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office should I contact for Aristo Nagar?

The Singanallur Sub Registrar Office covers Aristo Nagar, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111. This office handles the registration of properties in this area.