Guideline Value for Aariyamala compoumd

Aariyamala compoumd guideline value

The current guideline value of Aariyamala compoumd is Rs 1,000 per sq.ft, effective from 1 July 2024. This property is located in Coonoor Ward - B Block - 1, under the Coonoor_Uthagamandalam SRO, and is classified as Residential Class I Type - I.

How the guideline value of Aariyamala compoumd has changed

The guideline value has undergone several revisions over the years. In 2012, the value was set at Rs 1,000 per sq.ft. This was followed by a decrease to Rs 670 per sq.ft in 2017. The 2023 revision returned the value to Rs 1,000 per sq.ft, which remained unchanged in the 2024 revision. The register has no figures for the years 2002, 2003, and 2007 for this street.

From 2017 to 2023, there was a notable increase of 49%. However, from 2012 to 2017, the value decreased by 33%. Overall, from 2012 to 2024, the guideline value has remained at Rs 1,000 per sq.ft, reflecting no change during this period.

Guideline values in Coonoor Ward - B Block - 1

In Coonoor Ward - B Block - 1, there are 76 streets under the Coonoor_Uthagamandalam SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 1,500 per sq.ft. The median value is Rs 1,000 per sq.ft, which is the same as the guideline value for Aariyamala compoumd.

• Allai Sait Compound (B/20/1 to 26): Rs 1,000 per sq.ft (2024)
• Ambethkar Street: Rs 300 per sq.ft (2024)
• Arignar Anna Street (B/26/1 to 94): Rs 1,000 per sq.ft (2024)
• Barlose Salai (B/36/9): Rs 1,000 per sq.ft (2024)
• Bazaar Street (B/19/66 to 135): Rs 1,500 per sq.ft (2024)
• Church Hill Area (B/39/1 to 42): Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Aariyamala compoumd

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, totaling Rs 90,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Aariyamala compoumd?

The Sub Registrar Office that covers Aariyamala compoumd is the Coonoor_Uthagamandalam Sub Registrar Office, located at 80, Opposite To Subjail, Balaclava Road, Coonoor - 643 102, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Coonoor Ward - B Block - 1

The guideline value is a critical factor during the registration of property transactions in Coonoor Ward - B Block - 1. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being sold or purchased.

When registering a property, the buyer must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Aariyamala compoumd?

The current guideline value of Aariyamala compoumd is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various changes, with the most recent revision in 2024 maintaining the value at Rs 1,000 per sq.ft. The value was Rs 670 per sq.ft in 2017 and Rs 1,000 per sq.ft in 2012, showing fluctuations over the years.

What is the land classification for Aariyamala compoumd?

Aariyamala compoumd is classified as Residential Class I Type - I, which indicates its suitability for residential development.

What are the stamp duty rates for properties in this area?

The stamp duty rate for properties in Aariyamala compoumd is 7% of the guideline value or sale price, whichever is higher. Additionally, there is a registration fee of 2% applicable.

Where is the Sub Registrar Office located for this property?

The Sub Registrar Office for Aariyamala compoumd is located at 80, Opposite To Subjail, Balaclava Road, Coonoor - 643 102, Coimbatore registration zone.