Guideline Value for ARUDRA GARDEN

Arudra Garden guideline value

The current guideline value of Arudra Garden is Rs 2,615 per sq.ft, effective from 1 July 2024. This area is located in Vellakinar, under the Gandhipuram SRO, and is classified as Residential Class III Type - III.

How the guideline value of Arudra Garden has changed

The guideline value for Arudra Garden has been consistent at Rs 2,615 per sq.ft since the 2023 revision, which also recorded the same figure. Prior to this, there are no figures available for the street in the revisions from 2017, 2012, 2007, 2003, and 2002.

From the 2023 to 2024 revision, the guideline value experienced no change, remaining at Rs 2,615 per sq.ft. This stability indicates a consistent valuation for this street in the current guidelines.

Guideline values in Vellakinar.

In Vellakinar, there are 107 streets under the Gandhipuram SRO that carry a 2024 guideline value ranging from Rs 1,030 to Rs 2,886 per sq.ft, with a median value of Rs 1,876 per sq.ft. The guideline value of Arudra Garden is above this median.

• Anna Veethi: Rs 1,876 per sq.ft (2024)
• Asthalakshmi Garden: Rs 1,876 per sq.ft (2024)
• Aura: Rs 2,886 per sq.ft (2024)
• Annai Veethi: Rs 1,270 per sq.ft (2024)
• Ammasai Gounder Veethi: Rs 1,270 per sq.ft (2024)
• Amarjothi Saroj Nagar: Rs 1,270 per sq.ft (2024)

Stamp duty and registration fee for property in Arudra Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 2,615 per sq.ft, the total guideline value would be Rs 26,15,000. The stamp duty at 7% would amount to Rs 1,83,050, while the registration fee at 2% would be Rs 52,300, bringing the total fees to Rs 2,35,350. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Arudra Garden?

The Sub Registrar Office that covers Arudra Garden is the Gandhipuram Sub Registrar Office, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

To find your SRO, click here.

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

The guideline value is a critical factor in the registration process for property transactions in Vellakinar. It determines the amount of stamp duty and registration fees that must be paid when buying or selling property.

When a property is registered, the guideline value is used to assess the applicable duties, ensuring that the transaction is compliant with local regulations. Buyers and sellers must be aware of this value to accurately calculate their costs during the transaction.

Frequently asked questions

What is the current guideline value of Arudra Garden?

The current guideline value of Arudra Garden is Rs 2,615 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Arudra Garden has remained at Rs 2,615 per sq.ft since the 2023 revision. There are no figures available for the revisions from 2017, 2012, 2007, 2003, and 2002.

What are the registration fees for property in Arudra Garden?

For a property valued at Rs 26,15,000, the stamp duty at 7% would be Rs 1,83,050, and the registration fee at 2% would be Rs 52,300, totaling Rs 2,35,350.

Which office handles registrations for Arudra Garden?

The Gandhipuram Sub Registrar Office handles registrations for Arudra Garden, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

How is the guideline value determined?

The guideline value is determined by the Registration Department's guideline value register, which assesses property values based on various factors, including location and land classification.