Guideline Value for ARIYAPURAM

Ariyapuram guideline value

The current guideline value of Ariyapuram is Rs 201 per sq.ft, effective from 1 July 2024. This village is under the jurisdiction of the Anaimalai Sub Registrar Office and is classified as Residential Class I Type - II.

How the guideline value of Ariyapuram has changed

Over the years, the guideline value of Ariyapuram has seen significant changes. The 2007 revision recorded a value of Rs 65 per sq.ft, which increased to Rs 125 per sq.ft in 2012. However, there was a decrease to Rs 84 per sq.ft in 2017. The value then rose substantially to Rs 200 per sq.ft in 2023, and currently stands at Rs 201 per sq.ft in the 2024 revision. The register has no figures for the years 2002 and 2003 for this street.

The changes between revisions show a 92% increase from 2007 to 2012, followed by a decrease of 33% from 2012 to 2017. The value then increased by 138% from 2017 to 2023. Overall, from 2007 to 2024, the guideline value has increased by 209%.

Guideline values in Kottur

Kottur has a total of 286 streets under the Anaimalai SRO, with guideline values ranging from Rs 201 to Rs 450 per sq.ft. The median guideline value for these streets is Rs 201 per sq.ft, which is equal to the current guideline value for Ariyapuram.

• Arunachalam Nagar: Rs 251 per sq.ft (2024)
• Athi Parasakthi Nagar: Rs 360 per sq.ft (2024)
• Anbu Nagar: Rs 201 per sq.ft (2024)
• Bharath Nagar: Rs 251 per sq.ft (2024)
• Abi Gardens: Rs 361 per sq.ft (2024)
• Cheran Nagar: Rs 360 per sq.ft (2024)

Stamp duty and registration fee for property in Ariyapuram

For a 1,000 sq.ft plot at the current guideline value of Rs 201 per sq.ft, the total guideline value amounts to Rs 2,01,000. The stamp duty at 7% would be Rs 14,070, and the registration fee at 2% would be Rs 4,020, bringing the total cost for these fees to Rs 18,090. It is important to note that the duty is charged on either the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Ariyapuram?

The Sub Registrar Office that covers Ariyapuram is the Anaimalai Sub Registrar Office, located at Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Kottur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When a property is sold, the sale price is compared to the guideline value. If the sale price is lower than the guideline value, the higher of the two is used to calculate the stamp duty and registration fees. This ensures that the transaction is recorded accurately and fairly in the official records.

Frequently asked questions

What is the current guideline value of Ariyapuram?

The current guideline value of Ariyapuram is Rs 201 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 65 per sq.ft in 2007 to Rs 201 per sq.ft in 2024, showing an overall increase of 209%.

What is the land classification for Ariyapuram?

Ariyapuram is classified as Residential Class I Type - II, which indicates its suitability for residential development.

Where can I find the Sub Registrar Office for Ariyapuram?

The Sub Registrar Office for Ariyapuram is located at Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104.

How is the stamp duty calculated for properties in Ariyapuram?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 2,01,000 would incur a stamp duty of Rs 14,070 at 7%.