Guideline Value for Arani House C/25/50

Arani House C/25/50 guideline value

The current guideline value of Arani House C/25/50 is Rs 1,800 per sq.ft. It is located in Ooty Town village, under the Uthagamandalam -Joint I SRO. The land classification for this property is Residential Class I Type - I.

How the guideline value of Arani House C/25/50 has changed

The guideline value for Arani House C/25/50 has seen several revisions over the years. In the 2012 revision, the value was set at Rs 1,800 per sq.ft, which was a decrease from Rs 1,206 per sq.ft in the 2017 revision. The 2023 revision also maintained the value at Rs 1,800 per sq.ft, and the current 2024 revision remains unchanged at Rs 1,800 per sq.ft, indicating a 0% change from the previous year.

From the 2017 revision to the 2023 revision, there was a significant increase of 49%. However, between the 2012 and 2017 revisions, there was a decrease of 33%. Overall, from the 2012 revision to the 2024 revision, the guideline value has not changed, remaining at Rs 1,800 per sq.ft.

Guideline values in Ooty Town

In Ooty Town, there are 209 streets under the Uthagamandalam -Joint I SRO that carry a 2024 guideline value ranging from Rs 500 to Rs 4,251 per sq.ft. The median value for these streets is Rs 1,800 per sq.ft, which is the same as the 2024 guideline value for Arani House C/25/50.

• Arrambe B/4/14,16: Rs 1,500 per sq.ft (2024)
• Annanagar A/3/13: Rs 1,500 per sq.ft (2024)
• Anbu Anna Colony: Rs 500 per sq.ft (2024)
• Anadagiri H/4/1: Rs 1,800 per sq.ft (2024)
• Ambethkar Colony: Rs 500 per sq.ft (2024)
• Bakeer Mohamed Street E/9/301: Rs 4,251 per sq.ft (2024)

Stamp duty and registration fee for property in Arani House C/25/50

For a 1,000 sq.ft plot at the current guideline value of Rs 1,800 per sq.ft, the total guideline value would be Rs 18,00,000. The stamp duty at 7% would amount to Rs 1,26,000, and the registration fee at 2% would be Rs 36,000, bringing the total cost together to Rs 1,62,000. 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 Arani House C/25/50?

The Sub Registrar Office that covers Arani House C/25/50 is the Uthagamandalam -Joint I Sub Registrar Office. The address is Uthagamandalam -joint I SRO, Govt Arts College Road, Stone House Hill, Ooty Town, PIN-643001, Coimbatore registration zone.

You can find your SRO for more information.

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

The guideline value is a critical factor in property transactions in Ooty Town. It serves as a benchmark for determining the stamp duty and registration fees during the buying or selling process. Buyers and sellers must consider this value to ensure compliance with local regulations.

When registering a property, the guideline value is used to calculate the applicable fees. This ensures that the transaction is recorded accurately and that the government receives the appropriate revenue from property sales.

Frequently asked questions

What is the current guideline value of Arani House C/25/50?

The current guideline value of Arani House C/25/50 is Rs 1,800 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value has remained at Rs 1,800 per sq.ft from 2012 to 2024, with a notable increase of 49% from 2017 to 2023.

What is the land classification for Arani House C/25/50?

The land classification for Arani House C/25/50 is Residential Class I Type - I.

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

The Sub Registrar Office for Arani House C/25/50 is located at Uthagamandalam -joint I SRO, Govt Arts College Road, Stone House Hill, Ooty Town, PIN-643001, Coimbatore registration zone.

How is the stamp duty calculated for properties in Ooty Town?

The stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property with a guideline value of Rs 18,00,000 would incur a stamp duty of Rs 1,26,000 at 7%.