Guideline Value for ARUMUGA GOUNDER LAYOUT

Arumuga Gounder Layout guideline value

The current guideline value of Arumuga Gounder Layout is Rs 475 per sq.ft, effective from 1 July 2024. This layout is located in Ward - G village under the Udumalpettai SRO, classified as Residential Class IV Type - II.

How the guideline value of Arumuga Gounder Layout has changed

Starting from the 2003 revision, the guideline value was Rs 147 per sq.ft. It then saw a significant increase to Rs 425 per sq.ft in 2012, followed by a decrease to Rs 285 per sq.ft in 2017. The value rose sharply to Rs 426 per sq.ft in 2023, and currently stands at Rs 475 per sq.ft in the 2024 revision. The register has no figures for the years 2002 and 2007.

From 2003 to 2024, the overall increase in the guideline value is 223%. The changes between the revisions include a 189% increase from 2003 to 2012, a 33% decrease from 2012 to 2017, a 49% increase from 2017 to 2023, and a 12% increase from 2023 to 2024.

Guideline values in Ward - G

In Ward - G, there are 36 streets under the Udumalpettai SRO that carry a 2024 guideline value ranging from Rs 380 to Rs 1,800 per sq.ft, with a median value of Rs 660 per sq.ft. The guideline value for Arumuga Gounder Layout is below this median.

• Anna Kudiyerupu: Rs 660 per sq.ft (2024)
• Balakrishnan Naidu Street: Rs 1,450 per sq.ft (2024)
• Alaguvel Layout: Rs 475 per sq.ft (2024)
• Duraisamy Lay Out: Rs 775 per sq.ft (2024)
• G.V.G.Nagar: Rs 475 per sq.ft (2024)
• Iyyappan Colony: Rs 500 per sq.ft (2024)

Stamp duty and registration fee for property in Arumuga Gounder Layout

For a 1,000 sq.ft plot at the current rate of Rs 475 per sq.ft, the guideline value amounts to Rs 4,75,000. The stamp duty at 7% would be Rs 33,250, and the registration fee at 2% would be Rs 9,500, bringing the total to Rs 42,750. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Arumuga Gounder Layout?

The Sub Registrar Office covering Arumuga Gounder Layout is the Udumalpettai Sub Registrar Office, located at 21, Katcheri Street, Taluk Office Campus, Udumalpet - 642126, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor in property transactions in Ward - G. It serves as a benchmark for determining the stamp duty and registration fees during the buying or selling process.

When registering a property, the guideline value is considered to ensure that the fees are calculated accurately. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Arumuga Gounder Layout?

The current guideline value of Arumuga Gounder Layout is Rs 475 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 147 per sq.ft in 2003 to Rs 475 per sq.ft in 2024, reflecting an overall increase of 223% over this period.

What are the stamp duty and registration fees for a property in Arumuga Gounder Layout?

For a property valued at Rs 4,75,000, the stamp duty would be Rs 33,250 and the registration fee would be Rs 9,500, totaling Rs 42,750.

Which Sub Registrar Office covers Arumuga Gounder Layout?

The Udumalpettai Sub Registrar Office covers Arumuga Gounder Layout, located at 21, Katcheri Street, Taluk Office Campus, Udumalpet - 642126, Coimbatore registration zone.

What is the land classification of Arumuga Gounder Layout?

Arumuga Gounder Layout is classified as Residential Class IV Type - II, indicating its suitability for residential development.