Guideline Value for Aranganayagam Nagar Cross Street No.1

Aranganayagam Nagar Cross Street No.1 guideline value

The current guideline value of Aranganayagam Nagar Cross Street No.1 is Rs 1,002 per sq.ft, effective from 1 July 2024. This street is located in Kumarapalayam village under the Coimbatore South Joint 1 SRO, classified as Residential Class II Type - I.

How the guideline value of Aranganayagam Nagar Cross Street No.1 has changed

The guideline value register for Aranganayagam Nagar Cross Street No.1 shows no figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 1,000 per sq.ft, which was then revised to Rs 1,002 per sq.ft in 2024, reflecting a change of +0% between these two revisions.

Thus, the only recorded revisions for this street are from 2023 to 2024, with no figures available for the earlier years mentioned. The current value of Rs 1,002 per sq.ft is the highest recorded for this street in the available register.

Guideline values in Kumarapalayam

Kumarapalayam has a total of 290 streets under the Coimbatore South Joint 1 SRO, with guideline values ranging from Rs 1,000 to Rs 2,750 per sq.ft. The median guideline value for these streets is Rs 1,001 per sq.ft, positioning Aranganayagam Nagar Cross Street No.1 above this median.

• Aranganayagam Nagar Cross Street No.2: Rs 1,002 per sq.ft (2024)
• Aranganayagam Nagar Cross Street No.3: Rs 1,002 per sq.ft (2024)
• Aranganayagam Nagar Cross Street No.4: Rs 1,002 per sq.ft (2024)
• Aranganayagam Nager: Rs 1,002 per sq.ft (2024)
• Anna Street: Rs 1,550 per sq.ft (2024)
• Arul Garden Extension: Rs 2,000 per sq.ft (2024)

Stamp duty and registration fee for property in Aranganayagam Nagar Cross Street No.1

For a 1,000 sq.ft plot at the current guideline value of Rs 1,002 per sq.ft, the total guideline value would be Rs 10,02,000. The stamp duty at 7% would amount to Rs 70,140, and the registration fee at 2% would be Rs 20,040, leading to a total cost of Rs 90,180. 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 details on fees applicable to your property transaction.

Which Sub Registrar Office covers Aranganayagam Nagar Cross Street No.1?

The Sub Registrar Office that covers Aranganayagam Nagar Cross Street No.1 is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001, in the Coimbatore registration zone. For further assistance, you can find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Kumarapalayam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency in property transactions.

When a property is sold, the guideline value will be used to calculate the stamp duty and registration fees, which are mandatory for the legal transfer of property ownership. Buyers should be aware of these values to understand the total costs involved in their transactions.

Frequently asked questions

What is the current guideline value of Aranganayagam Nagar Cross Street No.1?

The current guideline value of Aranganayagam Nagar Cross Street No.1 is Rs 1,002 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Aranganayagam Nagar Cross Street No.1 has been recorded as Rs 1,000 per sq.ft in 2023 and has increased to Rs 1,002 per sq.ft in 2024. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the classification of land in Aranganayagam Nagar Cross Street No.1?

The land classification for Aranganayagam Nagar Cross Street No.1 is Residential Class II Type - I. This classification is important for determining the permissible uses of the land.

What are the stamp duty and registration fees for property in this area?

For a property valued at Rs 10,02,000, the stamp duty would be Rs 70,140 and the registration fee would be Rs 20,040, totaling Rs 90,180. These fees are based on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office for Aranganayagam Nagar Cross Street No.1 is located at No.410a, Raja Street, Coimbatore-641001. This office handles property registrations for the area.