Guideline Value for Aranganayagam Nagar Cross Street No.3

Aranganayagam Nagar Cross Street No.3 guideline value

The current guideline value of Aranganayagam Nagar Cross Street No.3 is Rs 1,002 per sq.ft. This street is located in Kumarapalayam village and falls under the Coimbatore South Joint 1 SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Aranganayagam Nagar Cross Street No.3 has changed

The guideline value for Aranganayagam Nagar Cross Street No.3 has undergone several revisions over the years. The register has no figure for this street in 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% from the previous year.

As of the 2024 revision, the guideline value stands at Rs 1,002 per sq.ft. This is an increase from the 2023 figure of Rs 1,000 per sq.ft. The increase indicates stability in the guideline value for this street over the past year.

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 in this area is Rs 1,001 per sq.ft, placing Aranganayagam Nagar Cross Street No.3 above that median.

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

Stamp duty and registration fee for property in Aranganayagam Nagar Cross Street No.3

For a 1,000 sq.ft plot at the current rate of Rs 1,002 per sq.ft, the guideline value would be Rs 10,02,000. The stamp duty at 7% would be Rs 70,140, and the registration fee at 2% would be Rs 20,040, making the total Rs 90,180. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Aranganayagam Nagar Cross Street No.3?

The Sub Registrar Office that covers Aranganayagam Nagar Cross Street No.3 is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001, in the Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor when registering property transactions in Kumarapalayam. It serves as a benchmark for calculating the stamp duty and registration fees, ensuring that the government receives appropriate revenue from property transactions.

When buying or selling property, the guideline value helps determine the minimum value at which a property can be registered. This ensures transparency and fairness in property transactions within the region.

Frequently asked questions

What is the current guideline value of Aranganayagam Nagar Cross Street No.3?

The current guideline value of Aranganayagam Nagar Cross Street No.3 is Rs 1,002 per sq.ft as per the 2024 revision.

How has the guideline value changed over the years?

The guideline value has remained stable, with no figures available for the years 2002, 2003, 2007, 2012, and 2017. The value was Rs 1,000 per sq.ft in 2023 and increased to Rs 1,002 per sq.ft in 2024.

What is the land classification for this area?

The land classification for Aranganayagam Nagar Cross Street No.3 is Residential Class II Type - I.

Where can I find the registration office for this street?

The registration office covering Aranganayagam Nagar Cross Street No.3 is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 10,02,000, the stamp duty would be Rs 70,140 at 7%.