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Guideline Value

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Guideline Value for ARULJOTHI NAGAR 1st to 8th STREET

₹840/sq.ft.

The guideline value for Aruljothi Nagar 1st To 8th Street in Ward - E 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 - E

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 ₹440 /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)

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 1st To 8th Street

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ARULJOTHI NAGAR 1st to 8th STREET guideline value

The current guideline value for ARULJOTHI NAGAR 1st to 8th STREET is Rs 840 per sq.ft, effective from 1 July 2024. This street is located in Ward - E village under the Tiruppur Joint I SRO and is classified as Residential Class IV Type - I.

How the guideline value of ARULJOTHI NAGAR 1st to 8th STREET has changed

Over the years, the guideline value for ARULJOTHI NAGAR 1st to 8th STREET has seen several revisions. The 2007 revision recorded a value of Rs 440 per sq.ft, which increased to Rs 750 per sq.ft in 2012. However, there was a decrease in the subsequent revision in 2017, bringing the value down to Rs 502 per sq.ft. This was followed by a significant increase to Rs 750 per sq.ft in 2023, and finally, the current value stands at Rs 840 per sq.ft from the 2024 revision. The register has no figures for the years 2002 and 2003 for this street.

When examining the changes, the value increased by 70% from 2007 to 2012, then decreased by 33% from 2012 to 2017. From 2017 to 2023, there was a notable increase of 49%, followed by a further rise of 12% from 2023 to 2024. Overall, from 2007 to 2024, the guideline value has increased by 91%.

Guideline values in Ward - E

In Ward - E under the Tiruppur Joint I SRO, there are 171 streets that carry a 2024 guideline value ranging from Rs 840 to Rs 4,480 per sq.ft, with a median value of Rs 840 per sq.ft. The guideline value for ARULJOTHI NAGAR 1st to 8th STREET is equal to this median.

Stamp duty and registration fee for property in ARULJOTHI NAGAR 1st to 8th STREET

For a 1,000 sq.ft plot at the current rate of Rs 840 per sq.ft, the guideline value would be Rs 8,40,000. The stamp duty at 7% would amount to Rs 58,800, and the registration fee at 2% would be Rs 16,800, totaling Rs 75,600. It is important to note that 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 information.

Which Sub Registrar Office covers ARULJOTHI NAGAR 1st to 8th STREET?

The ARULJOTHI NAGAR 1st to 8th STREET falls under 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 Ward - E

The guideline value is a critical factor during property registration in Ward - E. It serves as a benchmark for determining the minimum value for which a property can be registered, ensuring that the transaction is recorded accurately in the official records.

When buying or selling property, it is essential to be aware of the guideline value, as it directly influences the stamp duty and registration fees that need to be paid. This ensures compliance with local regulations and helps in maintaining transparency in property transactions.

Frequently asked questions

What is the current guideline value for ARULJOTHI NAGAR 1st to 8th STREET?

The current guideline value for ARULJOTHI NAGAR 1st to 8th STREET 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 440 per sq.ft in 2007 to Rs 840 per sq.ft in 2024, reflecting an overall increase of 91% over this period.

What are the stamp duty rates for properties in this area?

The stamp duty for properties in ARULJOTHI NAGAR 1st to 8th STREET is 7% of the guideline value or sale price, whichever is higher.

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

The Sub Registrar Office covering ARULJOTHI NAGAR 1st to 8th STREET is the Tiruppur Joint I SRO, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.

What is the land classification for ARULJOTHI NAGAR 1st to 8th STREET?

ARULJOTHI NAGAR 1st to 8th STREET is classified as Residential Class IV Type - I.