Guideline Value for ARUM LILY

Arum Lily guideline value

The current guideline value of Arum Lily, located in Kalapatty_west village under the Gandhipuram SRO, is Rs 1,265 per sq.ft as per the 2024 revision effective from 1 July 2024. This area is classified as Residential Special Type - III.

How the guideline value of Arum Lily has changed

In the 2023 revision, the guideline value for Arum Lily was Rs 1,100 per sq.ft. This marked an increase of 15% to the current value of Rs 1,265 per sq.ft in the 2024 revision. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

Prior to the 2023 revision, there are no figures available for the guideline value of Arum Lily in the register for the years mentioned. The most recent change reflects a significant increase, indicating a shift in the valuation of this property.

Guideline values in Kalapatty_west

In Kalapatty_west, there are 357 streets under the Gandhipuram SRO that carry a 2024 guideline value, ranging from Rs 1,010 to Rs 3,920 per sq.ft. The median value in this area is Rs 1,060 per sq.ft, placing Arum Lily's current value above that median.

• Arulanantha Puram: Rs 1,045 per sq.ft (2024)
• Arulanantha Nagar (Thottipalayam): Rs 1,045 per sq.ft (2024)
• Ashok Layout (Civil Aerodrome): Rs 1,065 per sq.ft (2024)
• Ashok Nagar (Kalappatti): Rs 1,050 per sq.ft (2024)
• Arangasamy Nagar (Civil Aerodrome): Rs 1,065 per sq.ft (2024)
• Atharsh Garden (Kalappatti): Rs 1,045 per sq.ft (2024)

Stamp duty and registration fee for property in Arum Lily

For a 1,000 sq.ft plot at the current rate of Rs 1,265 per sq.ft, the guideline value amounts to Rs 12,65,000. The stamp duty at 7% would be Rs 88,550, and the registration fee at 2% would be Rs 25,300, bringing the total to Rs 1,13,850. 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 detailed calculations.

Which Sub Registrar Office covers Arum Lily?

The Sub Registrar Office that covers Arum Lily is the Gandhipuram Sub Registrar Office, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Kalapatty_west. It serves as the basis for calculating stamp duty and registration fees, which are mandatory when registering a property sale or purchase.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value as determined by the local government. This helps in maintaining transparency and accountability in real estate transactions.

Frequently asked questions

What is the current guideline value for Arum Lily?

The current guideline value for Arum Lily is Rs 1,265 per sq.ft, effective from 1 July 2024.

How has the guideline value changed recently?

Recently, the guideline value increased from Rs 1,100 per sq.ft in 2023 to Rs 1,265 per sq.ft in the 2024 revision, marking a 15% increase.

What is the land classification for Arum Lily?

Arum Lily is classified as Residential Special Type - III, indicating its designated use within the local planning framework.

Where can I find the registration office for Arum Lily?

The registration office for Arum Lily is the Gandhipuram Sub Registrar Office, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

What is the median guideline value in Kalapatty_west?

The median guideline value in Kalapatty_west is Rs 1,060 per sq.ft, with Arum Lily's current value being above this median.