Guideline Value for ARULANANTHA NAGAR (THOTTIPALAYAM)

Arulanantha Nagar (Thottipalayam) guideline value

The current guideline value of Arulanantha Nagar (Thottipalayam) is Rs 1,045 per sq.ft, effective from 1 July 2024. This area is located in Kalapatty_west village, under the Gandhipuram SRO. The land classification for this street is Residential Class II Type - II.

How the guideline value of Arulanantha Nagar (Thottipalayam) has changed

The guideline value for Arulanantha Nagar (Thottipalayam) has undergone several revisions over the years. The earliest recorded revision was in 2002, followed by 2003, 2007, 2012, and 2017. The 2017 revision set the guideline value at Rs 268 per sq.ft. The most recent revision in 2024 has increased this value to Rs 1,045 per sq.ft, marking a significant change of +290% from the previous figure.

There are no recorded figures for the years 2023, 2012, 2007, 2003, and 2002 for this street. The 2024 guideline value of Rs 1,045 per sq.ft is a notable increase compared to the previous revision in 2017.

Guideline values in Kalapatty_west

In Kalapatty_west, there are 357 streets under the Gandhipuram SRO that carry a 2024 guideline value, ranging from Rs 1,010 to Rs 3,920 per sq.ft. The median guideline value for these streets is Rs 1,060 per sq.ft, and Arulanantha Nagar's 2024 figure is below this median.

• Arulanantha Puram: Rs 1,045 per sq.ft (2024)
• Arum Lily: Rs 1,265 per sq.ft (2024)
• Arangasamy Nagar (Civil Aerodrome): Rs 1,065 per sq.ft (2024)
• Ashok Layout (Civil Aerodrome): Rs 1,065 per sq.ft (2024)
• Ashok Nagar (Kalappatti): Rs 1,050 per sq.ft (2024)
• Anna Street (Valiyampalayam): Rs 1,045 per sq.ft (2024)

Stamp duty and registration fee for property in Arulanantha Nagar (Thottipalayam)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,045 per sq.ft, the total guideline value would be Rs 10,45,000. The stamp duty is charged at 7%, which amounts to Rs 73,150, and the registration fee is charged at 2%, totaling Rs 20,900. Therefore, the overall cost for stamp duty and registration would be Rs 94,050. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Arulanantha Nagar (Thottipalayam)?

The Sub Registrar Office that covers Arulanantha Nagar (Thottipalayam) is the Gandhipuram Sub Registrar Office. The address is Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Kalapatty_west. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is in line with the current market conditions.

When buying or selling property, the guideline value helps in calculating the applicable stamp duty and registration fees. It is essential for both buyers and sellers to be aware of the guideline value to ensure compliance with legal requirements during the registration process.

Frequently asked questions

What is the current guideline value of Arulanantha Nagar (Thottipalayam)?

The current guideline value of Arulanantha Nagar (Thottipalayam) is Rs 1,045 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed significantly from Rs 268 per sq.ft in 2017 to Rs 1,045 per sq.ft in 2024, representing an increase of +290%.

Are there any years without recorded guideline values for Arulanantha Nagar (Thottipalayam)?

Yes, there are no recorded figures for the years 2023, 2012, 2007, 2003, and 2002 for this street.

What is the registration fee for property in Arulanantha Nagar (Thottipalayam)?

The registration fee is calculated based on the guideline value. For a property valued at Rs 10,45,000, the registration fee would be Rs 20,900.

Where can I find the Sub Registrar Office for Arulanantha Nagar (Thottipalayam)?

The Sub Registrar Office for Arulanantha Nagar (Thottipalayam) is the Gandhipuram Sub Registrar Office, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.