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Guideline Value

Corporate

Guideline Value for Arachalur south street

₹250/sq.ft.

The guideline value for Arachalur South Street in Arachalur village (Sivagiri_erode SRO, Coimbatore zone) is Rs 250 per sq.ft, effective 1 July 2024. The land classification is Mixed Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Arachalur

Village

Sivagiri_Erode

SRO

Mixed Type - I
History
Period Guideline Value
From 1-7-2024 ₹250 /sq.ft.
From 1-4-2023 ₹250 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹167 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹250 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

1/2 Kumaran Street, Gandhi Road, Sivagiri-638109.
04204-299304
[email protected]

DRO (District Registrar Office)

Dr Office Compound, Annasathya Nagar, Iraniyan Street, Rangampalayam, Erode - 638 009.
0424-2330031
[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Arachalur South Street

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Arachalur south street guideline value

The current guideline value of Arachalur south 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 south street has changed

The guideline value for Arachalur south street has seen several revisions over the years. In 2012, the value was set at Rs 250 per sq.ft. This figure changed in 2017 to Rs 167 per sq.ft, marking a decrease of 33%. However, by 2023, the value increased to Rs 250 per sq.ft, reflecting a 50% rise from the 2017 revision. The current guideline value remains at Rs 250 per sq.ft as of the 2024 revision, which shows no change from the previous year.

There are no figures available for the revisions in 2002, 2003, and 2007 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 of 2024. The median value for these streets is Rs 200 per sq.ft, placing Arachalur south street's guideline value above this median.

Stamp duty and registration fee for property in Arachalur south street

For a 1,000 sq.ft plot at the current rate, the 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, 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.

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

Which Sub Registrar Office covers Arachalur south street?

The Arachalur south street falls under the Sivagiri_Erode Sub Registrar Office, located at 1/2 Kumaran Street, Gandhi Road, Sivagiri-638109, Coimbatore registration zone.

To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role during property registration in Arachalur. It is used to determine the stamp duty and registration fees applicable at the time of sale or purchase. Buyers and sellers must consider this value to ensure compliance with local regulations.

When a property is sold, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Arachalur south street?

The current guideline value of Arachalur south 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 changes, with the most recent revision in 2024 maintaining the value at Rs 250 per sq.ft. The value was Rs 167 per sq.ft in 2017 and Rs 250 per sq.ft in 2012.

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

Several other streets in Arachalur also have a guideline value of Rs 250 per sq.ft as of 2024. These include Arachalur Santhaipatti Street, Arachalur Thiruvalluvar Nagar, Arachalur Poorikkarar Street, Arachalur west street, Arachalur Nadu Street, and Arachalur Mariammnkovil street.

What is the role of the Sivagiri_Erode SRO?

The Sivagiri_Erode SRO is responsible for property registrations in Arachalur village. It ensures that all transactions comply with local laws and regulations, including the assessment of guideline values.

How do I calculate stamp duty and registration fees?

Stamp duty and registration fees are calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 2,50,000, the stamp duty would be Rs 17,500 and the registration fee Rs 5,000, totaling Rs 22,500.