Guideline Value for ARULJOTHI ARUNA NAGAR

Aruljothi Aruna Nagar guideline value

The current guideline value of Aruljothi Aruna Nagar is Rs 700 per sq.ft, effective from 1 July 2024. This area is located in Muthanampalayam village and falls under the Tiruppur Joint I SRO. The land classification for this street is Residential Special Type - IV.

How the guideline value of Aruljothi Aruna Nagar has changed

The guideline value for Aruljothi Aruna Nagar has seen significant changes over the years. In the 2012 revision, the value was Rs 150 per sq.ft, which increased to Rs 100 per sq.ft in 2017. Following this, the value surged to Rs 700 per sq.ft in both the 2023 and 2024 revisions, marking a 600% increase from 2017 to 2023 and an overall increase of 367% from 2012 to 2024.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street. The guideline value remained constant at Rs 700 per sq.ft from 2023 to 2024, indicating no change during that period.

Guideline values in Muthanampalayam

Muthanampalayam village has a total of 178 streets under the Tiruppur Joint I SRO that carry a 2024 guideline value, ranging from Rs 700 to Rs 896 per sq.ft. The median value for these streets is Rs 700 per sq.ft, placing Aruljothi Aruna Nagar at the median level.

• Aruljothi Garden: Rs 700 per sq.ft (2024)
• Aruljothinagar: Rs 700 per sq.ft (2024)
• Arul Nagar: Rs 705 per sq.ft (2024)
• Arun Garden: Rs 700 per sq.ft (2024)
• Ashok Nagar: Rs 700 per sq.ft (2024)
• Anna Nagar: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Aruljothi Aruna Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 700 per sq.ft, the total guideline value would be Rs 7,00,000. The stamp duty at 7% would amount to Rs 49,000, and the registration fee at 2% would be Rs 14,000, bringing the total to Rs 63,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Aruljothi Aruna Nagar?

The Sub Registrar Office that covers Aruljothi Aruna Nagar 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 details.

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

The guideline value is a crucial factor when buying or selling property in Muthanampalayam. It serves as a benchmark for determining the stamp duty and registration fees applicable during the property transaction. Buyers and sellers must consider the guideline value to ensure compliance with local regulations.

When registering a property, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the correct amount of revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Aruljothi Aruna Nagar?

The current guideline value of Aruljothi Aruna Nagar is Rs 700 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed significantly, increasing from Rs 150 per sq.ft in 2012 to Rs 700 per sq.ft in 2023 and 2024. There was a 600% increase from 2017 to 2023.

What is the land classification for Aruljothi Aruna Nagar?

The land classification for Aruljothi Aruna Nagar is Residential Special Type - IV.

Where can I find the Sub Registrar Office for Aruljothi Aruna Nagar?

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

How is the stamp duty calculated for properties in Aruljothi Aruna Nagar?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at Rs 700 per sq.ft, the total guideline value would be Rs 7,00,000, leading to a stamp duty of Rs 49,000.