Guideline Value for Arachalur Kodumudi main Road

Arachalur Kodumudi main Road guideline value

The current guideline value of Arachalur Kodumudi main Road is Rs 250 per sq.ft, effective from 1 July 2024. This road is located in Arachalur village, under the Sivagiri_Erode SRO, with a land classification of Mixed Type - I.

How the guideline value of Arachalur Kodumudi main Road has changed

The guideline value for Arachalur Kodumudi main Road has undergone several revisions over the years. In the 2012 revision, the value was set at Rs 250 per sq.ft. This remained unchanged in the 2017 revision, but then increased to Rs 167 per sq.ft in 2023, marking a 50% increase from the 2017 figure. The current 2024 revision has returned to Rs 250 per sq.ft, showing no change from the previous year.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has remained the same, at Rs 250 per sq.ft.

Guideline values in Arachalur

Arachalur village has 87 streets under the Sivagiri_Erode SRO, with guideline values ranging from Rs 200 to Rs 360 per sq.ft. The median value is Rs 200 per sq.ft, which means that the guideline value for Arachalur Kodumudi main Road is above this median.

• Arachalur Kinattur Street: Rs 250 per sq.ft (2024)
• Arachalur Main street pooshariur: Rs 250 per sq.ft (2024)
• Arachalur Kandankadu colony: Rs 250 per sq.ft (2024)
• Arachalur Mariammnkovil street: Rs 250 per sq.ft (2024)
• Arachalur Nadu Street: Rs 250 per sq.ft (2024)
• Arachalur Poorikkarar Street: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Arachalur Kodumudi main Road

For a 1,000 sq.ft plot at the current rate of Rs 250 per sq.ft, the guideline value would be Rs 2,50,000. The stamp duty at 7% would amount to Rs 17,500, and the registration fee at 2% would be Rs 5,000, totaling Rs 22,500. It is important to 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 detailed calculations.

Which Sub Registrar Office covers Arachalur Kodumudi main Road?

The Arachalur Kodumudi main Road 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 is a crucial factor when registering property transactions in Arachalur. It serves as a benchmark for determining the stamp duty and registration fees payable during the sale or purchase of property.

When a property is bought or sold, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the registration process is transparent and standardized.

Frequently asked questions

What is the current guideline value of Arachalur Kodumudi main Road?

The current guideline value of Arachalur Kodumudi main Road 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: Rs 250 per sq.ft in 2012, Rs 167 per sq.ft in 2017, Rs 250 per sq.ft in 2023, and remains at Rs 250 per sq.ft in 2024.

What are the other streets in Arachalur with the same guideline value?

Several other streets in Arachalur also have a guideline value of Rs 250 per sq.ft as of 2024, including Arachalur Kinattur Street, Arachalur Main street pooshariur, and Arachalur Kandankadu colony.

What is the stamp duty rate for properties in Arachalur?

The stamp duty rate for properties in Arachalur is 7% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Arachalur located?

The Sub Registrar Office covering Arachalur Kodumudi main Road is located at 1/2 Kumaran Street, Gandhi Road, Sivagiri-638109, Coimbatore registration zone.