Guideline Value for ARULJOTHI GARDEN

Aruljothi Garden guideline value

The current guideline value of Aruljothi Garden, located in Muthanampalayam village, is Rs 700 per sq.ft, effective from 1 July 2024. This property falls under the Tiruppur Joint I SRO and is classified as Residential Special Type - IV.

How the guideline value of Aruljothi Garden has changed

The guideline value for Aruljothi Garden has experienced several revisions over the years. In 2012, the value was Rs 150 per sq.ft, which increased to Rs 100 per sq.ft in 2017. Following this, the value saw a significant rise of 600% to Rs 700 per sq.ft in 2023. As of the 2024 revision, the guideline value remains at Rs 700 per sq.ft, indicating no change from the previous year.

There are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has increased by 367%.

Guideline values in Muthanampalayam

In Muthanampalayam, there are 178 streets under the Tiruppur Joint I SRO, with guideline values ranging from Rs 700 to Rs 896 per sq.ft. The median value for these streets is Rs 700 per sq.ft, which is equal to the guideline value of Aruljothi Garden.

• Aruljothi Aruna Nagar: 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 Garden

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 or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Aruljothi Garden?

The Sub Registrar Office that covers Aruljothi Garden is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, in the Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during property transactions in Muthanampalayam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when registering a property. Buyers and sellers should be aware that the registration office will use this value to calculate the necessary fees.

When purchasing property, it is essential to consider the guideline value as it can impact the overall cost of the transaction. Ensuring that you are aware of the current guideline value can help you better understand the financial implications of your property dealings.

Frequently asked questions

What is the current guideline value of Aruljothi Garden?

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

How has the guideline value changed over the years?

The guideline value has changed from Rs 150 per sq.ft in 2012 to Rs 700 per sq.ft in 2023 and remains at Rs 700 per sq.ft in 2024. There were no figures available for the years 2002, 2003, and 2007.

What is the land classification of Aruljothi Garden?

Aruljothi Garden is classified as Residential Special Type - IV under the guideline value register.

Where can I find the Sub Registrar Office for Aruljothi Garden?

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

How is stamp duty calculated for properties in Aruljothi Garden?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 7,00,000, the stamp duty would be Rs 49,000 at 7%.