Guideline Value for Arasakuravan Sandhu

Arasakuravan Sandhu guideline value

The current guideline value of Arasakuravan Sandhu is Rs 784 per sq.ft, effective from 1 July 2024. This street is located in Sulur village, under the Sulur SRO, and is classified as Commercial Class I Type - II.

How the guideline value of Arasakuravan Sandhu has changed

The guideline value for Arasakuravan Sandhu has undergone several revisions over the years. The 2012 revision set the value at Rs 700 per sq.ft, which was then reduced to Rs 469 per sq.ft in the 2017 revision. The 2023 revision brought the value back up to Rs 700 per sq.ft, and the most recent 2024 revision increased it to Rs 784 per sq.ft, marking a 12% increase from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 12%. Notably, there are no figures available for the years 2002, 2003, and 2007 for this street.

Guideline values in Sulur

In Sulur village, there are 228 streets under the Sulur SRO that carry a 2024 guideline value, ranging from Rs 280 to Rs 1,400 per sq.ft. The median value among these streets is Rs 784 per sq.ft, which aligns with the guideline value of Arasakuravan Sandhu.

• Appichi Kovil Street: Rs 560 per sq.ft (2024)
• Arima Nagar: Rs 560 per sq.ft (2024)
• Arumugan Street: Rs 784 per sq.ft (2024)
• Anna Nagar: Rs 784 per sq.ft (2024)
• Annamalai thevar lane: Rs 784 per sq.ft (2024)
• Annamalai settiar lane: Rs 560 per sq.ft (2024)

Stamp duty and registration fee for property in Arasakuravan Sandhu

For a 1,000 sq.ft plot at the current guideline value of Rs 784 per sq.ft, the total guideline value would amount to Rs 7,84,000. The stamp duty at 7% would be Rs 54,880, and the registration fee at 2% would be Rs 15,680, bringing the total fees to Rs 70,560. 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 Arasakuravan Sandhu?

The Sub Registrar Office that covers Arasakuravan Sandhu is the Sulur Sub Registrar Office, located at Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor when registering property transactions in Sulur. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When buying or selling property, the guideline value helps ensure that the transaction is recorded accurately, reflecting the official valuation set by the Registration Department. This is important for legal documentation and tax purposes.

Frequently asked questions

What is the current guideline value of Arasakuravan Sandhu?

The current guideline value of Arasakuravan Sandhu is Rs 784 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 increase of 12% from Rs 700 per sq.ft in 2023 to Rs 784 per sq.ft in 2024. The value was Rs 469 per sq.ft in 2017 and Rs 700 per sq.ft in 2012.

What is the land classification for Arasakuravan Sandhu?

Arasakuravan Sandhu is classified as Commercial Class I Type - II, which indicates its suitability for commercial activities.

Where can I find the Sub Registrar Office for Arasakuravan Sandhu?

The Sub Registrar Office for Arasakuravan Sandhu is the Sulur Sub Registrar Office, located at Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402, Coimbatore registration zone.

How is stamp duty calculated for property in Arasakuravan Sandhu?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 54,880.