Guideline Value for ARPUTHAM NAGAR

Arputham Nagar guideline value

The current guideline value of Arputham Nagar, located in Chettipalayam village under the Kinathukkadavu SRO, is Rs 280 per sq.ft. This value is effective from 1 July 2024 and falls under the Residential Class I Type - I land classification.

How the guideline value of Arputham Nagar has changed

According to the guideline value register, there are no figures available for Arputham Nagar for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision is from 2024, which sets the guideline value at Rs 280 per sq.ft.

There have been no changes between the revisions listed above, and the 2024 figure is the first recorded value for this street in the guideline value register.

Guideline values in Chettipalayam

In Chettipalayam, there are 158 streets under the Kinathukkadavu SRO that carry a 2024 guideline value, ranging from Rs 225 to Rs 680 per sq.ft. The median guideline value for these streets is Rs 280 per sq.ft, which is equal to the guideline value of Arputham Nagar.

• Arijana Kalani: Rs 225 per sq.ft (2024)
• Archid Paradise: Rs 280 per sq.ft (2024)
• Arasupaniyalar Nagar: Rs 280 per sq.ft (2024)
• Anumandharayar Koil Street: Rs 280 per sq.ft (2024)
• Athayi Chettiar Street: Rs 280 per sq.ft (2024)
• Annan Nagar: Rs 225 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 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, totaling Rs 25,200. Please 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 Arputham Nagar?

The Sub Registrar Office that covers Arputham Nagar 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 additional information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Chettipalayam. It serves as a reference point for determining the stamp duty and registration fees applicable to the transaction.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two figures is used to calculate the necessary fees. This ensures that the fees reflect the true value of the property being transacted.

Frequently asked questions

What is the current guideline value of Arputham Nagar?

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

What is the land classification for Arputham Nagar?

Arputham Nagar falls under the Residential Class I Type - I land classification.

Are there any previous guideline values for Arputham Nagar?

The guideline value register has no figures for Arputham Nagar for the years 2002, 2003, 2007, 2012, 2017, and 2023.

How does the guideline value affect property transactions?

The guideline value is used to calculate stamp duty and registration fees during property transactions. It is compared to the sale price, and the higher value is used for fee calculations.

Where is the Sub Registrar Office for Arputham Nagar located?

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