Guideline Value for Archana Nagar Extension

Archana Nagar Extension guideline value

The current guideline value of Archana Nagar Extension in Kuniyamuthur village is Rs 1,003 per sq.ft, effective from 1 July 2024. This area falls under the Coimbatore South Joint 1 SRO and is classified as Residential Class II Type - II.

How the guideline value of Archana Nagar Extension has changed

According to the guideline value register, there are no recorded figures for Archana Nagar Extension in the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision set the guideline value at Rs 1,000 per sq.ft, which was then revised to Rs 1,003 per sq.ft in 2024, reflecting a change of +0% from the previous year.

The 2024 revision's figure of Rs 1,003 per sq.ft is equal to the median guideline value for the 410 streets in Kuniyamuthur under the Coimbatore South Joint 1 SRO, which ranges from Rs 1,000 to Rs 1,550 per sq.ft.

Guideline values in Kuniyamuthur

In Kuniyamuthur, the guideline values vary across different streets. The median value is Rs 1,003 per sq.ft, and Archana Nagar Extension's current value aligns with this median. Other streets in Kuniyamuthur include:

• Archana Nagar: Rs 1,003 per sq.ft (2024)
• Aranmanai Thottam: Rs 1,003 per sq.ft (2024)
• Arjun Colony: Rs 1,004 per sq.ft (2024)
• Arputham Nagar: Rs 1,003 per sq.ft (2024)
• Arumuga Boyan Street: Rs 1,003 per sq.ft (2024)
• Arumuga Gounder Street: Rs 1,003 per sq.ft (2024)

Stamp duty and registration fee for property in Archana Nagar Extension

For a 1,000 sq.ft plot at the current guideline value of Rs 1,003 per sq.ft, the total guideline value would be Rs 10,03,000. The stamp duty at 7% would amount to Rs 70,210, and the registration fee at 2% would be Rs 20,060, bringing the total to Rs 90,270. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Archana Nagar Extension?

The Sub Registrar Office that covers Archana Nagar Extension 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 Kuniyamuthur

The guideline value is a crucial factor in the registration process when buying or selling property in Kuniyamuthur. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is sold, the guideline value is used to calculate the applicable duties, 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 of Archana Nagar Extension?

The current guideline value of Archana Nagar Extension is Rs 1,003 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

There are no recorded figures for Archana Nagar Extension for the years 2002, 2003, 2007, 2012, and 2017. The guideline value was Rs 1,000 per sq.ft in 2023 and increased to Rs 1,003 per sq.ft in 2024.

What is the median guideline value for streets in Kuniyamuthur?

The median guideline value for the 410 streets in Kuniyamuthur is Rs 1,003 per sq.ft, with values ranging from Rs 1,000 to Rs 1,550 per sq.ft.

What are the stamp duty and registration fees for a property in Archana Nagar Extension?

For a property valued at Rs 10,03,000, the stamp duty would be Rs 70,210 and the registration fee would be Rs 20,060, totaling Rs 90,270.

Where is the Sub Registrar Office for Archana Nagar Extension located?

The Sub Registrar Office for Archana Nagar Extension is located at No.410a, Raja Street, Coimbatore-641001, under the Coimbatore South Joint 1 SRO.