Guideline Value for ARUL JOTHI CO-OPERATIVE COLONY

Arul Jothi Co-Operative Colony guideline value

The current guideline value of Arul Jothi Co-Operative Colony is Rs 300 per sq.ft, effective from 1 July 2024. This property is located in Ward 2 village under the Pollachi SRO and is classified as Residential Class I Type - II.

How the guideline value of Arul Jothi Co-Operative Colony has changed

The guideline value for Arul Jothi Co-Operative Colony has undergone several revisions, with the most recent being in 2024, where it is set at Rs 300 per sq.ft. The register has no figures for this street for the years 2023, 2017, 2012, 2007, 2003, and 2002.

Since the 2024 revision, there have been no changes to the guideline value. The absence of figures for previous revisions indicates that the guideline value for this street has remained unrecorded in those years.

Guideline values in Ward 2

In Ward 2, there are 79 streets under the Pollachi SRO that have a 2024 guideline value ranging from Rs 300 to Rs 2,500 per sq.ft, with a median value of Rs 420 per sq.ft. The guideline value of Arul Jothi Co-Operative Colony is below this median.

• Arul Vadivel Kannapuram: Rs 350 per sq.ft (2024)
• Arumugam Gounder Colony: Rs 420 per sq.ft (2024)
• Arumugam Pillai Street: Rs 541 per sq.ft (2024)
• Anumantharaya Street: Rs 1,500 per sq.ft (2024)
• Annapoorani Layout: Rs 675 per sq.ft (2024)
• A.V.V.S.Colony: Rs 302 per sq.ft (2024)

Stamp duty and registration fee for property in Arul Jothi Co-Operative Colony

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value would be Rs 3,00,000. The stamp duty at 7% would amount to Rs 21,000, and the registration fee at 2% would be Rs 6,000, bringing the total to Rs 27,000. Please 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 further calculations.

Which Sub Registrar Office covers Arul Jothi Co-Operative Colony?

The Sub Registrar Office that covers Arul Jothi Co-Operative Colony is the Pollachi Sub Registrar Office, located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001, in the Coimbatore registration zone. To find your SRO, you can visit find your SRO.

How the guideline value is used when you buy or sell in Ward 2

The guideline value is an important factor during the registration process of property transactions in Ward 2. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property.

When a property is sold, the guideline value is used to calculate the applicable taxes, ensuring that the transaction is recorded accurately. Buyers should be aware that the duty is charged on the higher of the guideline value and the sale price.

Frequently asked questions

What is the current guideline value of Arul Jothi Co-Operative Colony?

The current guideline value of Arul Jothi Co-Operative Colony is Rs 300 per sq.ft, effective from 1 July 2024.

What land classification does Arul Jothi Co-Operative Colony fall under?

Arul Jothi Co-Operative Colony is classified as Residential Class I Type - II.

How many streets in Ward 2 have a guideline value in 2024?

There are 79 streets in Ward 2 under the Pollachi SRO that have a guideline value in 2024.

What is the median guideline value for streets in Ward 2?

The median guideline value for streets in Ward 2 is Rs 420 per sq.ft.

Where can I find the Pollachi Sub Registrar Office?

The Pollachi Sub Registrar Office is located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001, in the Coimbatore registration zone.