Guideline Value for ARPUTHAM NAGAR

Arputham Nagar guideline value

The current guideline value of Arputham Nagar in Anupparpalayam village is Rs 1,015 per sq.ft, effective from 1 July 2024. This area falls under the Coimbatore North Joint 1 SRO and is classified as Residential Class III Type - I.

How the guideline value of Arputham Nagar has changed

Since the 2012 revision, the guideline value for Arputham Nagar has experienced significant changes. In 2012, the guideline value was Rs 350 per sq.ft, which decreased to Rs 234 per sq.ft in 2017. However, from 2017 to 2023, there was a remarkable increase of 327%, bringing the value up to Rs 1,000 per sq.ft. The most recent revision in 2024 shows a further increase of 2%, resulting in the current value of Rs 1,015 per sq.ft.

There are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has increased by 190%.

Guideline values in Anupparpalayam

In Anupparpalayam, there are 44 streets under the Coimbatore North Joint 1 SRO that have a guideline value for 2024, ranging from Rs 1,000 to Rs 1,400 per sq.ft, with a median value of Rs 1,025 per sq.ft. The guideline value of Arputham Nagar is below this median.

• Arafa Garden: Rs 1,020 per sq.ft (2024)
• Anupparpalayam Thotta Salaigal: Rs 1,010 per sq.ft (2024)
• Anbu Nagar: Rs 1,010 per sq.ft (2024)
• Alif Avenue: Rs 1,055 per sq.ft (2024)
• Bharath Nagar: Rs 1,060 per sq.ft (2024)
• Bismi Nagar: Rs 1,020 per sq.ft (2024)

Stamp duty and registration fee for property in Arputham Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,015 per sq.ft, the total guideline value amounts to Rs 10,15,000. The stamp duty, calculated at 7%, would be Rs 71,050, and the registration fee at 2% would be Rs 20,300. Therefore, the total cost for stamp duty and registration would be Rs 91,350. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers Arputham Nagar?

The Sub Registrar Office that covers Arputham Nagar is the Coimbatore North Joint 1 Sub Registrar Office, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001. For more information, you can find your SRO.

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

The guideline value is a crucial factor in property transactions, as it determines the minimum value at which a property can be registered. When buying or selling property in Anupparpalayam, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory costs associated with the transaction.

It is essential for buyers and sellers to be aware of the current guideline value to ensure compliance with local regulations and to avoid any potential legal issues during the registration process.

Frequently asked questions

What is the current guideline value of Arputham Nagar?

The current guideline value of Arputham Nagar is Rs 1,015 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 350 per sq.ft in 2012 to Rs 1,015 per sq.ft in 2024, with notable increases in 2023 and 2024.

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

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a property valued at Rs 10,15,000, the total fees would be Rs 91,350.

Which office should I approach for registration in Arputham Nagar?

You should approach the Coimbatore North Joint 1 Sub Registrar Office located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001 for property registration.

What is the land classification of Arputham Nagar?

Arputham Nagar is classified as Residential Class III Type - I, indicating its suitability for residential development.