Guideline Value

Corporate

Guideline Value for ARUGOMBAI 1ST to 4th STREET

₹1120/sq.ft.

The guideline value for Arugombai 1st To 4th Street 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 1st To 4th Street

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ARUGOMBAI 1ST to 4th STREET guideline value

The current guideline value for ARUGOMBAI 1ST to 4th STREET is Rs 1,120 per sq.ft, effective from 1 July 2024. This street is located in Ward - K village under the Tiruppur Joint I SRO, and is classified as Residential Class III Type - II.

How the guideline value of ARUGOMBAI 1ST to 4th STREET has changed

The guideline value for ARUGOMBAI 1ST to 4th STREET has undergone several revisions over the years. The earliest recorded revision is from 2007, where the value was Rs 890 per sq.ft. This increased to Rs 1,000 per sq.ft in 2012, representing a 12% increase. However, in 2017, the value dropped to Rs 670 per sq.ft, marking a decrease of 33%. The value then rose significantly to Rs 1,000 per sq.ft in 2023, and again increased to Rs 1,120 per sq.ft in 2024, reflecting a 12% rise.

Between the 2017 and 2023 revisions, there was a substantial increase of 49%. Overall, from the 2007 revision to the current 2024 value, there has been an increase of 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, with guideline values ranging from Rs 780 to Rs 4,480 per sq.ft. The median guideline value is Rs 1,120 per sq.ft, which is equal to the current value for ARUGOMBAI 1ST to 4th STREET.

Stamp duty and registration fee for property in ARUGOMBAI 1ST to 4th STREET

For a 1,000 sq.ft plot at the current guideline value of Rs 1,120 per sq.ft, the total guideline value amounts to Rs 11,20,000. The stamp duty at 7% would be Rs 78,400, and the registration fee at 2% would be Rs 22,400, making the total cost for these fees Rs 1,00,800. Duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers ARUGOMBAI 1ST to 4th STREET?

The ARUGOMBAI 1ST to 4th STREET falls under 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 details.

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

The guideline value is a crucial factor in the registration process for property transactions in Ward - K. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are aligned with the official valuation of the property.

When buying or selling property, the guideline value helps determine the minimum value on which the stamp duty is calculated. This ensures transparency and standardization in property transactions within the region.

Frequently asked questions

What is the current guideline value of ARUGOMBAI 1ST to 4th STREET?

The current guideline value of ARUGOMBAI 1ST to 4th STREET 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, with various increases and a decrease noted in the intervening years.

What is the land classification for ARUGOMBAI 1ST to 4th STREET?

ARUGOMBAI 1ST to 4th STREET is classified as Residential Class III Type - II.

Where is the Sub Registrar Office for this street located?

The Tiruppur Joint I Sub Registrar Office is located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

How is the stamp duty calculated for properties in ARUGOMBAI 1ST to 4th STREET?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a 1,000 sq.ft plot at Rs 1,120 per sq.ft, the stamp duty would be Rs 78,400.