Guideline Value

Corporate

Guideline Value for ARUL NAGAR

₹1015/sq.ft.

The guideline value for Arul Nagar in Coimbatore village (Coimbatore North Joint 1 SRO, Coimbatore zone) is Rs 1015 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 2% change. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Coimbatore

Village

Coimbatore North Joint 1

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹1015 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹268 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹400 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹100 /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)

District Registarar Office, Syryan Church Road, Corporattion Marriage Centre, Combatore -641001
0422-2303614
[email protected]

DRO (District Registrar Office)

District Registara Office, Syriyan Church Road, Corporation Marriage Hall, Coimbatore -641001
0422-2300722
[email protected],[email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Arul Nagar

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Arul Nagar guideline value

The current guideline value of Arul Nagar is Rs 1,015 per sq.ft, effective from 1 July 2024. This locality is situated in Coimbatore village, under the Coimbatore North Joint 1 SRO, and is classified as Residential Class II Type - III.

How the guideline value of Arul Nagar has changed

The guideline value of Arul Nagar has seen significant changes over the years. In 2007, the guideline value was Rs 100 per sq.ft, which increased to Rs 400 per sq.ft in 2012. However, this value decreased by 33% to Rs 268 per sq.ft in 2017. The value then surged by 273% to reach Rs 1,000 per sq.ft in 2023. The latest revision in 2024 has increased the guideline value to Rs 1,015 per sq.ft, marking a 2% increase from the previous year.

There are no figures available for the years 2002 and 2003 for this street. Overall, the guideline value has increased by 915% from Rs 100 per sq.ft in 2007 to Rs 1,015 per sq.ft in 2024.

Guideline values in Coimbatore

In Coimbatore, there are 52 streets under the Coimbatore North Joint 1 SRO that have a 2024 guideline value ranging from Rs 1,000 to Rs 1,905 per sq.ft, with a median value of Rs 1,038 per sq.ft. The guideline value of Arul Nagar is below this median.

Stamp duty and registration fee for property in Arul Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,015 per sq.ft, the total guideline value would be Rs 10,15,000. The stamp duty at 7% would amount to Rs 71,050, and the registration fee at 2% would be Rs 20,300, making the total cost for stamp duty and registration fees Rs 91,350. It is important to note that the 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 Arul Nagar?

The Sub Registrar Office that covers Arul Nagar is the Coimbatore North Joint 1 Sub Registrar Office, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process of property transactions in Coimbatore. It is used to determine the stamp duty and registration fees that are applicable when buying or selling property in the region.

When a property is registered, the guideline value is considered to ensure that the transaction reflects a fair valuation according to government standards. This helps in maintaining transparency in property dealings within the area.

Frequently asked questions

What is the current guideline value of Arul Nagar?

The current guideline value of Arul Nagar is Rs 1,015 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased significantly from Rs 100 per sq.ft in 2007 to Rs 1,015 per sq.ft in 2024, marking an overall increase of 915%.

What are the stamp duty and registration fees for property in Arul Nagar?

For a 1,000 sq.ft plot, the total guideline value is Rs 10,15,000. The stamp duty would be Rs 71,050, and the registration fee would be Rs 20,300, totaling Rs 91,350.

Which Sub Registrar Office covers Arul Nagar?

The Coimbatore North Joint 1 Sub Registrar Office covers Arul Nagar, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001.

What is the land classification of Arul Nagar?

Arul Nagar is classified as Residential Class II Type - III, indicating its designation for residential use within the area.