Guideline Value for Arachalur Nadu Street

Arachalur Nadu Street guideline value

The current guideline value of Arachalur Nadu 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.

How the guideline value of Arachalur Nadu Street has changed

Looking at the revisions, the guideline value for Arachalur Nadu Street has seen several changes over the years. The 2012 revision set the value at Rs 250 per sq.ft, which was a decrease of 33% from Rs 167 per sq.ft in the 2017 revision. The 2017 value was an increase of 50% from the previous figure. Following this, the 2023 revision maintained the value at Rs 250 per sq.ft, and the current 2024 revision also remains at 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 not changed, remaining at Rs 250 per sq.ft.

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 of 2024. The median value for these streets is Rs 200 per sq.ft, placing Arachalur Nadu Street above this median.

• Arachalur Mariammnkovil street: Rs 250 per sq.ft (2024)
• Arachalur Poorikkarar Street: Rs 250 per sq.ft (2024)
• Arachalur Main street pooshariur: Rs 250 per sq.ft (2024)
• Arachalur Santhaipatti Street: Rs 250 per sq.ft (2024)
• Arachalur Kodumudi main Road: Rs 250 per sq.ft (2024)
• Arachalur south street: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Arachalur Nadu Street

For a 1,000 sq.ft plot at the current guideline value of Rs 250 per sq.ft, the total 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, bringing the total fees 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.

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

Which Sub Registrar Office covers Arachalur Nadu Street?

The Sub Registrar Office that covers Arachalur Nadu Street is 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 critical factor when buying or selling property in Arachalur. It serves as the basis for calculating stamp duty and registration fees, ensuring that these costs are aligned with the officially recognized value of the property.

When a property transaction occurs, the guideline value is used to determine the minimum value for tax purposes. Thus, it is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Arachalur Nadu Street?

The current guideline value of Arachalur Nadu 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 changes from Rs 250 per sq.ft in 2012, decreased to Rs 167 per sq.ft in 2017, and then returned to Rs 250 per sq.ft in 2023 and 2024.

What is the land classification for Arachalur Nadu Street?

Arachalur Nadu Street is classified as Mixed Type - I, which indicates a variety of land uses permitted in the area.

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

For a property valued at Rs 2,50,000, the stamp duty would be Rs 17,500 and the registration fee would be Rs 5,000, totaling Rs 22,500.

Where is the Sub Registrar Office for Arachalur Nadu Street located?

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