Guideline Value for Arachalur Kinattur Street

Arachalur Kinattur Street guideline value

The current guideline value of Arachalur Kinattur Street is Rs 250 per sq.ft, effective from 1 July 2024. This street is located in Arachalur village under the Sivagiri_Erode SRO and is classified as Mixed Type - I land.

How the guideline value of Arachalur Kinattur Street has changed

Over the years, the guideline value for Arachalur Kinattur Street has seen several revisions. The 2012 revision set the value at Rs 250 per sq.ft, which remained unchanged until the 2023 revision. The 2017 revision recorded a significant increase to Rs 167 per sq.ft, marking a 50% rise from the previous revision. However, the 2023 revision again set the value at Rs 250 per sq.ft, showing no change from the previous year.

From 2012 to 2024, the overall change in guideline value is 0%. There are no figures available for the years 2002, 2003, and 2007 in the register for this street.

Guideline values in Arachalur

Arachalur village has a total of 87 streets under the Sivagiri_Erode SRO, with guideline values ranging from Rs 200 to Rs 360 per sq.ft as per the 2024 revision. The median value for these streets is Rs 200 per sq.ft, placing Arachalur Kinattur Street's 2024 value above the median.

• Arachalur Kandankadu colony: Rs 250 per sq.ft (2024)
• Arachalur Kodumudi main Road: Rs 250 per sq.ft (2024)
• Arachalur Main street pooshariur: Rs 250 per sq.ft (2024)
• Arachalur Mariammnkovil street: Rs 250 per sq.ft (2024)
• Arachaloor Kannaiyar Street: Rs 250 per sq.ft (2024)
• Arachalur Nadu Street: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Arachalur Kinattur Street

For a 1,000 sq.ft plot at the current guideline value of Rs 250 per sq.ft, the total guideline value amounts to Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, and the registration fee at 2% would be Rs 5,000, bringing the total to Rs 22,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Arachalur Kinattur Street?

The Arachalur Kinattur Street is covered by the Sivagiri_Erode Sub Registrar Office, located at 1/2 Kumaran Street, Gandhi Road, Sivagiri-638109, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Arachalur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property, it is essential to consider the guideline value as it may impact the overall cost of the transaction, including the fees associated with registration. Buyers and sellers should be aware of these values to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Arachalur Kinattur Street?

The current guideline value of Arachalur Kinattur Street is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, with the 2012 revision at Rs 250 per sq.ft, a decrease to Rs 167 per sq.ft in 2017, and then returning to Rs 250 per sq.ft in both 2023 and 2024.

What is the land classification for Arachalur Kinattur Street?

Arachalur Kinattur Street is classified as Mixed Type - I land according to the guidelines set by the Sivagiri_Erode SRO.

What are the stamp duty and registration fees for property in Arachalur Kinattur Street?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty is Rs 17,500, and the registration fee is Rs 5,000, totaling Rs 22,500.

Which Sub Registrar Office covers Arachalur Kinattur Street?

The Sivagiri_Erode Sub Registrar Office covers Arachalur Kinattur Street, located at 1/2 Kumaran Street, Gandhi Road, Sivagiri-638109, Coimbatore registration zone.