Guideline Value for ARUCHAMY DEVAR NAGAR

Aruchamy Devar Nagar guideline value

The current guideline value of Aruchamy Devar Nagar is Rs 250 per sq.ft, effective from 1 July 2024. This area is located in Kallikanaickenpalayam village, under the Thondamuthur SRO. The land classification for this street is Residential Class II Type - III.

How the guideline value of Aruchamy Devar Nagar has changed

The guideline value of Aruchamy Devar Nagar has seen several revisions over the years. The 2012 revision set the value at Rs 225 per sq.ft, which then decreased to Rs 151 per sq.ft in 2017. Following this, the value increased significantly to Rs 226 per sq.ft in 2023, and further rose to the current rate of Rs 250 per sq.ft in 2024, marking an increase of 11% from the previous year.

Overall, from 2012 to 2024, the guideline value has increased by 11%. The changes between the revisions include a 50% increase from 2017 to 2023 and a 33% decrease from 2012 to 2017. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Kallikanaickenpalayam

Kallikanaickenpalayam village has 51 streets under the Thondamuthur SRO, with guideline values ranging from Rs 225 to Rs 1,180 per sq.ft. The median guideline value for the village is Rs 250 per sq.ft, which aligns with the current value for Aruchamy Devar Nagar.

• Arijana Colony: Rs 225 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 Aruchamy Devar Nagar

For a 1,000 sq.ft plot at the current rate of Rs 250 per sq.ft, the guideline value amounts to Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, and the registration fee at 2% would be Rs 5,000, totaling Rs 22,500. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Aruchamy Devar Nagar?

The Sub Registrar Office that covers Aruchamy Devar Nagar 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 for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Kallikanaickenpalayam. It determines the minimum value at which a property can be registered, ensuring that the transaction is recorded at a fair value as per government norms.

When buying or selling property, the guideline value influences the stamp duty and registration fees, which are calculated based on this value or the sale price, whichever is higher. This ensures transparency and compliance with legal requirements during property transactions.

Frequently asked questions

What is the current guideline value of Aruchamy Devar Nagar?

The current guideline value of Aruchamy Devar Nagar is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 225 per sq.ft in 2012 to Rs 151 per sq.ft in 2017, then to Rs 226 per sq.ft in 2023, and finally to Rs 250 per sq.ft in 2024.

What is the land classification for Aruchamy Devar Nagar?

The land classification for Aruchamy Devar Nagar is Residential Class II Type - III.

Where can I find the Thondamuthur Sub Registrar Office?

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

How is stamp duty calculated in Aruchamy Devar Nagar?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a plot valued at Rs 2,50,000, the stamp duty would be Rs 17,500.