Guideline Value for ARUNTHATHI COLONY,KAMARAJAR PURAM

Arunthathi Colony,Kamarajar Puram guideline value

The current guideline value of Arunthathi Colony,Kamarajar Puram is Rs 1,008 per sq.ft, effective from 1 July 2024. This area is located in Ganapathy village and falls under the Ganapathy SRO. The land classification for this street is Residential Class II Type - I.

How the guideline value of Arunthathi Colony,Kamarajar Puram has changed

The guideline value for Arunthathi Colony,Kamarajar Puram has undergone several revisions over the years. In 2007, the value was Rs 250 per sq.ft, which increased to Rs 500 per sq.ft in 2012. However, it saw a decline to Rs 335 per sq.ft in 2017. The value then rose significantly to Rs 1,000 per sq.ft in 2023, and currently stands at Rs 1,008 per sq.ft following the 2024 revision, marking a 1% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 303%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Ganapathy

In Ganapathy village, there are 324 streets under the Ganapathy SRO with a 2024 guideline value ranging from Rs 1,007 to Rs 4,595 per sq.ft. The median value for these streets is Rs 1,120 per sq.ft, placing Arunthathi Colony,Kamarajar Puram's 2024 figure below this median.

• Aruna Layout: Rs 1,400 per sq.ft (2024)
• Arunachalagounder Street,Manthiriyappan Street: Rs 1,010 per sq.ft (2024)
• Ashok Nagar: Rs 1,010 per sq.ft (2024)
• Ashok Nagar.M.K.P.Colony 1.2.3 Cross: Rs 1,120 per sq.ft (2024)
• A.Ssubramaniam Nagar.: Rs 1,400 per sq.ft (2024)
• Athanur Ammankovil Street: Rs 1,400 per sq.ft (2024)

Stamp duty and registration fee for property in Arunthathi Colony,Kamarajar Puram

For a 1,000 sq.ft plot at the current guideline value of Rs 1,008 per sq.ft, the total guideline value would be Rs 10,08,000. The stamp duty at 7% would amount to Rs 70,560, while the registration fee at 2% would be Rs 20,160, bringing the total fees to Rs 90,720. It is important to note that 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 information.

Which Sub Registrar Office covers Arunthathi Colony,Kamarajar Puram?

The Sub Registrar Office that covers Arunthathi Colony,Kamarajar Puram is the Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore. 641006. You can find your SRO for more details.

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

The guideline value is a critical factor in property transactions within Ganapathy. It serves as a basis for calculating stamp duty and registration fees when a property is bought or sold. The registration office uses this value to ensure that the transaction is recorded accurately and that the appropriate taxes are collected.

When you register a property, the guideline value helps determine the minimum price at which the property can be sold. This ensures that all transactions are transparent and that the government receives its due revenue from property sales.

Frequently asked questions

What is the current guideline value of Arunthathi Colony,Kamarajar Puram?

The current guideline value of Arunthathi Colony,Kamarajar Puram is Rs 1,008 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 250 per sq.ft in 2007 to Rs 1,008 per sq.ft in 2024, marking an overall increase of 303% over the years.

What is the land classification for Arunthathi Colony,Kamarajar Puram?

The land classification for Arunthathi Colony,Kamarajar Puram is Residential Class II Type - I.

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

For a property valued at Rs 10,08,000, the stamp duty would be Rs 70,560 and the registration fee would be Rs 20,160, totaling Rs 90,720.

Where is the Ganapathy Sub Registrar Office located?

The Ganapathy Sub Registrar Office is located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore. 641006.