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Guideline Value

Corporate

Guideline Value for ARULJOTHI NAGAR EAST EXTN 2ND ST

₹840/sq.ft.

The guideline value for Aruljothi Nagar East Extn 2nd St 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 East Extn 2nd St

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Aruljothi Nagar East Extn 2nd St guideline value

The current guideline value of Aruljothi Nagar East Extn 2nd St 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 falls under the Residential Class IV Type - I land classification.

How the guideline value of Aruljothi Nagar East Extn 2nd St has changed

The guideline value for Aruljothi Nagar East Extn 2nd St has seen several revisions over the years. The earliest revision available is from 2007, where the value was Rs 440 per sq.ft. This increased to Rs 750 per sq.ft in 2012, marking a 70% rise. However, it then dropped to Rs 502 per sq.ft in 2017, reflecting a decrease of 33%. The value further increased to Rs 750 per sq.ft in 2023, followed by a significant rise to Rs 840 per sq.ft in 2024, which is a 12% increase from the previous year.

From 2017 to 2023, the guideline value increased by 49%. Overall, from 2007 to 2024, the guideline value has risen by 91%. It is important to note that there are no figures available for the years 2002 and 2003 for this street.

Guideline values in Ward - E

In Ward - E, there are 171 streets under the Tiruppur Joint I SRO that carry a 2024 guideline value ranging from Rs 840 to Rs 4,480 per sq.ft. The median guideline value is Rs 840 per sq.ft, placing Aruljothi Nagar East Extn 2nd St at this median value.

Stamp duty and registration fee for property in Aruljothi Nagar East Extn 2nd St

For a 1,000 sq.ft plot at the current rate of Rs 840 per sq.ft, the 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, totaling Rs 75,600. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Aruljothi Nagar East Extn 2nd St?

The Sub Registrar Office that covers Aruljothi Nagar East Extn 2nd St 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 - E

The guideline value is a crucial factor when registering property in Ward - E. It serves as a baseline for calculating stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property transactions.

When buying or selling property, the guideline value helps determine the official value of the property for taxation purposes. It is essential for buyers and sellers to be aware of the current guideline value to ensure compliance with registration requirements.

Frequently asked questions

What is the current guideline value of Aruljothi Nagar East Extn 2nd St?

The current guideline value of Aruljothi Nagar East Extn 2nd St 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 significantly, starting from Rs 440 per sq.ft in 2007 and rising to Rs 840 per sq.ft in 2024, with various increases and decreases in between.

What are the stamp duty and registration fees for this property?

For a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 75,600, based on the current guideline value of Rs 8,40,000.

Which office handles property registration for this area?

The Tiruppur Joint I Sub Registrar Office handles property registration for Aruljothi Nagar East Extn 2nd St, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.

What is the significance of the guideline value?

The guideline value is significant as it determines the official value of a property for taxation purposes, affecting the stamp duty and registration fees during property transactions.