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Guideline Value

Corporate

Guideline Value for ARULJOTHI NAGAR (THIYAGI KUMARAN COLONY EXTN)

₹840/sq.ft.

The guideline value for Aruljothi Nagar (thiyagi Kumaran Colony Extn) in Ward - K village (Tiruppur Joint I SRO, Coimbatore zone) is Rs 840 per sq.ft, effective 1 July 2024. It was Rs 750 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward - K

Village

Tiruppur Joint I

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹840 /sq.ft.
From 1-4-2023 ₹750 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹502 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹750 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
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)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960088
[email protected]

DRO (District Registrar Office)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960044
[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Aruljothi Nagar (thiyagi Kumaran Colony Extn)

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Aruljothi Nagar (Thiyagi Kumaran Colony Extn) guideline value

The current guideline value for Aruljothi Nagar (Thiyagi Kumaran Colony Extn) is Rs 840 per sq.ft, effective from 1 July 2024. This area falls under the Tiruppur Joint I SRO and is classified as Residential Class IV Type - I.

How the guideline value of Aruljothi Nagar (Thiyagi Kumaran Colony Extn) has changed

The guideline value for Aruljothi Nagar has undergone several revisions over the years. The 2012 revision set the value at Rs 750 per sq.ft, which was then reduced to Rs 502 per sq.ft in 2017. Following this, the value increased significantly to Rs 750 per sq.ft in 2023, and currently stands at Rs 840 per sq.ft as of the 2024 revision. Notably, the register has no figure for this street for the years 2002, 2003, and 2007.

From 2012 to 2017, there was a decrease of 33%, while the value increased by 49% from 2017 to 2023. The change from 2023 to 2024 reflects a 12% increase. Overall, from 2012 to 2024, the guideline value has increased by 12%.

Guideline values in Ward - K

In Ward - K, there are 175 streets under the Tiruppur Joint I SRO with a 2024 guideline value ranging from Rs 780 to Rs 4,480 per sq.ft. The median value for these streets is Rs 1,120 per sq.ft, placing Aruljothi Nagar's 2024 figure below that median.

Stamp duty and registration fee for property in Aruljothi Nagar (Thiyagi Kumaran Colony Extn)

For a 1,000 sq.ft plot at the current guideline value of Rs 840 per sq.ft, the total guideline value amounts to Rs 8,40,000. The stamp duty at 7% would be Rs 58,800, and the registration fee at 2% would be Rs 16,800, bringing the total to Rs 75,600. It is important to 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 more details.

Which Sub Registrar Office covers Aruljothi Nagar (Thiyagi Kumaran Colony Extn)?

The Sub Registrar Office that covers Aruljothi Nagar (Thiyagi Kumaran Colony Extn) 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 information.

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

The guideline value is an essential factor in the registration process when buying or selling property in Ward - K. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is sold, the registration office uses the guideline value to calculate the necessary fees. Buyers should be aware that the fees are based on either the guideline value or the sale price, whichever is higher, ensuring that the transaction is appropriately documented and taxed.

Frequently asked questions

What is the current guideline value of Aruljothi Nagar?

The current guideline value of Aruljothi Nagar (Thiyagi Kumaran Colony Extn) is Rs 840 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 750 per sq.ft in 2012 to Rs 502 per sq.ft in 2017, then to Rs 750 per sq.ft in 2023, and currently to Rs 840 per sq.ft in 2024.

What is the land classification of Aruljothi Nagar?

Aruljothi Nagar (Thiyagi Kumaran Colony Extn) is classified as Residential Class IV Type - I.

What is the stamp duty rate for properties in this area?

The stamp duty rate for properties in Aruljothi Nagar is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for this area?

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