Guideline Value for Arayankadu (372/4,380/2,3,5)

Arayankadu (372/4,380/2,3,5) guideline value

The current guideline value for Arayankadu (372/4,380/2,3,5) is Rs 226 per sq.ft, effective from 1 July 2024. This property is located in Kanjikoil village under the Kavundapadi SRO and is classified as Residential Class I Type - II.

How the guideline value of Arayankadu (372/4,380/2,3,5) has changed

The guideline value for Arayankadu has seen several revisions since 2007. In 2007, the value was Rs 44 per sq.ft, which increased significantly to Rs 200 per sq.ft in 2012, marking a rise of 355%. However, the value decreased to Rs 134 per sq.ft in 2017, a drop of 33%. From 2017 to 2023, the guideline value rose by 69% to Rs 226 per sq.ft, which remained unchanged through the 2023 revision to the current 2024 figure.

There are no figures available for the revisions in 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 414%.

Guideline values in Kanjikoil

In Kanjikoil, there are 50 streets under the Kavundapadi SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 326 per sq.ft, with a median value of Rs 226 per sq.ft. The guideline value for Arayankadu (372/4,380/2,3,5) aligns with this median.

• Arayankattu Street (372/4): Rs 226 per sq.ft (2024)
• Arrumaikarar Street (372/4): Rs 226 per sq.ft (2024)
• Annai Sathya Nagar (149/5): Rs 200 per sq.ft (2024)
• Avinashi lingapuram (234/4b): Rs 226 per sq.ft (2024)
• Ayyan Kovil Street (372/4): Rs 326 per sq.ft (2024)
• Ayyanvalasu road (372/4): Rs 226 per sq.ft (2024)

Stamp duty and registration fee for property in Arayankadu (372/4,380/2,3,5)

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 2,26,000. The stamp duty at 7% would be Rs 15,820, and the registration fee at 2% would be Rs 4,520, making the total charges Rs 20,340. Duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Arayankadu (372/4,380/2,3,5)?

The Sub Registrar Office that covers Arayankadu is the Kavundapadi Sub Registrar Office, located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during property registration in Kanjikoil, as it determines the stamp duty and registration fees payable. Buyers and sellers must consider this value to ensure compliance with local regulations and to understand the financial implications of their transactions.

When registering a property, the guideline value is used to calculate the applicable fees, which are based on either the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Arayankadu?

The current guideline value for Arayankadu (372/4,380/2,3,5) is Rs 226 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 44 per sq.ft in 2007 to Rs 226 per sq.ft in 2024, reflecting an overall increase of 414% over this period.

What are the stamp duty and registration fees for properties in Arayankadu?

For a property valued at Rs 2,26,000, the stamp duty would be Rs 15,820, and the registration fee would be Rs 4,520, totaling Rs 20,340.

Which Sub Registrar Office covers the area of Arayankadu?

The Kavundapadi Sub Registrar Office covers Arayankadu and is located on Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone.

What is the land classification for Arayankadu?

Arayankadu is classified as Residential Class I Type - II, which is relevant for determining the guideline value and other regulatory aspects.