Guideline Value for Arigzar Anna Teachers Colony

Arigzar Anna Teachers Colony guideline value

The current guideline value of Arigzar Anna Teachers Colony is Rs 1,020 per sq.ft, effective from 1 July 2024. This area is located in Thudiyalur village, under the Periyanayakkan Palayam SRO, classified as Residential Class I Type - I.

How the guideline value of Arigzar Anna Teachers Colony has changed

The guideline value for Arigzar Anna Teachers Colony has seen significant changes over the years. In the 2012 revision, the guideline value was Rs 550 per sq.ft, which decreased to Rs 368 per sq.ft in the 2017 revision. This was a decline of 33%. However, from 2017 to 2023, the value increased dramatically to Rs 1,000 per sq.ft, marking a rise of 172%. The most recent revision in 2024 saw the guideline value increase again to Rs 1,020 per sq.ft, reflecting a 2% rise from the previous year.

There are no figures available in the register for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 85%.

Guideline values in Thudiyalur

In Thudiyalur, there are 282 streets under the Periyanayakkan Palayam SRO, with guideline values ranging from Rs 1,001 to Rs 4,000 per sq.ft. The median guideline value in this area is Rs 1,019 per sq.ft, placing Arigzar Anna Teachers Colony's 2024 figure slightly above this median.

• Aravan Kovil Street: Rs 1,020 per sq.ft (2024)
• Arjuna Gounder Colony: Rs 1,018 per sq.ft (2024)
• Apple Aveune: Rs 1,021 per sq.ft (2024)
• Appanaickenpalayam (Ward No.18): Rs 1,014 per sq.ft (2024)
• Appanaickenpalayam (Ward No.17): Rs 1,014 per sq.ft (2024)
• Appanaickenpalayam (Ward No.16): Rs 1,014 per sq.ft (2024)

Stamp duty and registration fee for property in Arigzar Anna Teachers Colony

For a 1,000 sq.ft plot at the current guideline value of Rs 1,020 per sq.ft, the total guideline value would be Rs 10,20,000. The stamp duty at 7% would amount to Rs 71,400, and the registration fee at 2% would be Rs 20,400, bringing the total cost for these fees to Rs 91,800. It is important to note that duty is charged on the higher of the guideline value and the sale price. For more information, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Arigzar Anna Teachers Colony?

The Sub Registrar Office that covers Arigzar Anna Teachers Colony is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020. You can find your SRO for more details.

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

The guideline value plays a crucial role in property transactions in Thudiyalur. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees that need to be paid during the registration process. This ensures that the transaction is legally documented and that the applicable taxes are collected based on the established guideline values.

It is essential for buyers and sellers to be aware of the current guideline value, as it can impact the overall cost of the transaction. Understanding these values helps in making informed decisions when engaging in real estate activities in the area.

Frequently asked questions

What is the current guideline value of Arigzar Anna Teachers Colony?

The current guideline value of Arigzar Anna Teachers Colony is Rs 1,020 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 550 per sq.ft in 2012 to Rs 368 per sq.ft in 2017, then to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,020 per sq.ft in 2024.

What is the land classification for Arigzar Anna Teachers Colony?

Arigzar Anna Teachers Colony is classified as Residential Class I Type - I.

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

The Sub Registrar Office for Arigzar Anna Teachers Colony is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

How is the stamp duty calculated for properties in Arigzar Anna Teachers Colony?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 10,20,000, the stamp duty would be Rs 71,400 at 7%.