Guideline Value for ATTHIMARATHU PUDUR

Atthimarathu Pudur guideline value

The current guideline value of Atthimarathu Pudur is Rs 708 per sq.ft, effective from 1 July 2024. This area is located in Nallur village under the Nallur_Tiruppur SRO, and is classified as Residential Class IV Type - I.

How the guideline value of Atthimarathu Pudur has changed

The guideline value for Atthimarathu Pudur has seen significant changes over the years. In 2012, the guideline value was Rs 175 per sq.ft. This increased dramatically to Rs 700 per sq.ft in 2023, marking a 300% rise. The most recent revision in 2024 set the guideline value at Rs 708 per sq.ft, which is a 1% increase from the previous year.

There have been no figures recorded for the years 2002, 2003, 2007, and 2017 for this street. Overall, from 2012 to 2024, the guideline value has increased by 305%.

Guideline values in Nallur

In Nallur, there are 280 streets under the Nallur_Tiruppur SRO that carry a 2024 guideline value ranging from Rs 700 to Rs 1,764 per sq.ft, with a median of Rs 714 per sq.ft. The guideline value for Atthimarathu Pudur is below this median.

• Atthin Anbu Nagar: Rs 704 per sq.ft (2024)
• A.V.T.Nagar: Rs 708 per sq.ft (2024)
• Ayesha Nagar: Rs 704 per sq.ft (2024)
• Arun Garden: Rs 708 per sq.ft (2024)
• Arunachala Gounder Layout: Rs 708 per sq.ft (2024)
• Arul Nagar: Rs 717 per sq.ft (2024)

Stamp duty and registration fee for property in Atthimarathu Pudur

For a 1,000 sq.ft plot at the current guideline value of Rs 708 per sq.ft, the total guideline value would be Rs 7,08,000. The stamp duty at 7% would amount to Rs 49,560, and the registration fee at 2% would be Rs 14,160, bringing the total to Rs 63,720. Please 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 details.

Which Sub Registrar Office covers Atthimarathu Pudur?

The Sub Registrar Office that covers Atthimarathu Pudur is the Nallur_Tiruppur Sub Registrar Office, located near Hotel Riverview, Nagapattinam 611002, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Nallur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value helps ensure that the transaction is recorded accurately and fairly, reflecting the official value set by the authorities. Buyers and sellers should be aware of this value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Atthimarathu Pudur?

The current guideline value of Atthimarathu Pudur is Rs 708 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 175 per sq.ft in 2012 to Rs 700 per sq.ft in 2023 and is now Rs 708 per sq.ft in 2024. This represents a total increase of 305% from 2012 to 2024.

What is the land classification of Atthimarathu Pudur?

Atthimarathu Pudur is classified as Residential Class IV Type - I. This classification is important for understanding the types of developments allowed in the area.

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

The stamp duty is charged at 7% of the guideline value or the sale price, whichever is higher. The registration fee is charged at 2% of the guideline value.

Which Sub Registrar Office covers Atthimarathu Pudur?

The Nallur_Tiruppur Sub Registrar Office covers Atthimarathu Pudur, located near Hotel Riverview, Nagapattinam 611002, Coimbatore registration zone.