Guideline Value

Corporate

Guideline Value for ARUGOMBAI METTUPALAYAM (METTUPPALLAM)

₹1120/sq.ft.

The guideline value for Arugombai Mettupalayam (mettuppallam) in Ward - K village (Tiruppur Joint I SRO, Coimbatore zone) is Rs 1120 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class Iii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward - K

Village

Tiruppur Joint I

SRO

Residential Class III Type - II
History
Period Guideline Value
From 1-7-2024 ₹1120 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹890 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960088
[email protected]

DRO (District Registrar Office)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960044
[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Arugombai Mettupalayam (mettuppallam)

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Arugombai Mettupalayam (Mettuppallam) guideline value

The current guideline value of Arugombai Mettupalayam (Mettuppallam) is Rs 1,120 per sq.ft, effective from 1 July 2024. This property falls under the Tiruppur Joint I SRO and is classified as Residential Class III Type - II.

How the guideline value of Arugombai Mettupalayam (Mettuppallam) has changed

The guideline value for Arugombai Mettupalayam has seen several revisions over the years. In 2007, the value was Rs 890 per sq.ft, which increased to Rs 1,000 per sq.ft in 2012, marking a 12% rise. However, it then decreased to Rs 670 per sq.ft in 2017, reflecting a 33% drop. The value rebounded significantly to Rs 1,000 per sq.ft in 2023, and further increased to Rs 1,120 per sq.ft in 2024, which is a 12% rise from the previous year.

From 2017 to 2023, the guideline value increased by 49%. Overall, from 2007 to 2024, the value has increased by 26%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Ward - K

In Ward - K, there are 175 streets under the Tiruppur Joint I SRO that have a 2024 guideline value ranging from Rs 780 to Rs 4,480 per sq.ft, with a median value of Rs 1,120 per sq.ft. The guideline value of Arugombai Mettupalayam aligns with this median.

Stamp duty and registration fee for property in Arugombai Mettupalayam (Mettuppallam)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,120 per sq.ft, the total guideline value would be Rs 11,20,000. The stamp duty at 7% would amount to Rs 78,400, while the registration fee at 2% would be Rs 22,400, bringing the total fees to Rs 1,00,800. Please note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Arugombai Mettupalayam (Mettuppallam)?

The Sub Registrar Office covering Arugombai Mettupalayam is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward - K

The guideline value is a critical factor during the registration of property transactions in Ward - K. It serves as the basis for calculating stamp duty and registration fees, which are mandatory when buying or selling property.

When a property is registered, the guideline value is compared to the sale price, and the higher amount is used to determine the applicable duties. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Arugombai Mettupalayam?

The current guideline value of Arugombai Mettupalayam (Mettuppallam) is Rs 1,120 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 890 per sq.ft in 2007 to Rs 1,120 per sq.ft in 2024, reflecting an overall increase of 26% over the years.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 11,20,000, the stamp duty would be Rs 78,400 and the registration fee would be Rs 22,400, totaling Rs 1,00,800.

Which office handles property registrations for Arugombai Mettupalayam?

The Tiruppur Joint I Sub Registrar Office handles property registrations for Arugombai Mettupalayam, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.

What is the significance of the guideline value in property transactions?

The guideline value is used to calculate the stamp duty and registration fees during property transactions. It ensures that the appropriate revenue is collected based on the higher of the guideline value or the sale price.