Guideline Value for Arijana Colony

Arijana Colony guideline value

The current guideline value of Arijana Colony in Punjaipuliampatti village is Rs 335 per sq.ft, effective from 1 July 2024. This area falls under the Punchaipuliyampatti SRO and is classified as Residential Class II Type - II.

How the guideline value of Arijana Colony has changed

The guideline value for Arijana Colony has seen several revisions over the years. In 2007, the value was Rs 80 per sq.ft, which increased significantly to Rs 300 per sq.ft in 2012. However, it dropped to Rs 201 per sq.ft in 2017. The 2023 revision raised it to Rs 300 per sq.ft, and the most recent revision in 2024 set it at Rs 335 per sq.ft. The register has no figure for this street in 2002 and 2003.

From 2007 to 2012, there was a remarkable increase of 275%. Following that, the value decreased by 33% from 2012 to 2017. However, the value surged by 49% from 2017 to 2023, and then increased by 12% from 2023 to 2024. Overall, from 2007 to 2024, the guideline value has increased by 319%.

Guideline values in Punjaipuliampatti

In Punjaipuliampatti, there are 116 streets under the Punchaipuliyampatti SRO that carry a 2024 guideline value ranging from Rs 335 to Rs 1,680 per sq.ft, with a median value of Rs 780 per sq.ft. The guideline value of Arijana Colony is below this median.

• Anna Street: Rs 780 per sq.ft (2024)
• Anna Nagar Harijan Colony: Rs 670 per sq.ft (2024)
• Avinashi Road: Rs 335 per sq.ft (2024)
• Anjanenjan Azhagiri Street: Rs 780 per sq.ft (2024)
• Awvai Street: Rs 560 per sq.ft (2024)
• Ambethkar Street: Rs 1,340 per sq.ft (2024)

Stamp duty and registration fee for property in Arijana Colony

For a 1,000 sq.ft plot at the current guideline value of Rs 335 per sq.ft, the total guideline value would be Rs 3,35,000. The stamp duty at 7% would amount to Rs 23,450, and the registration fee at 2% would be Rs 6,700, bringing the total to Rs 30,150. It is important to note that the 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 precise calculations.

Which Sub Registrar Office covers Arijana Colony?

The Sub Registrar Office that covers Arijana Colony is the Punchaipuliyampatti Sub Registrar Office, located at Chathiram Road, Bus Stand Back Side, Punjai Puliayampatti - 638459, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Punjaipuliampatti. It serves as a benchmark for determining the stamp duty and registration fees that must be paid when buying or selling property in the area.

When a property is registered, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the state government receives the appropriate revenue from property transactions based on the established guideline values.

Frequently asked questions

What is the current guideline value of Arijana Colony?

The current guideline value of Arijana Colony is Rs 335 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 80 per sq.ft in 2007 to Rs 335 per sq.ft in 2024, showing an overall increase of 319% over the years.

What are the stamp duty and registration fees for property in Arijana Colony?

For a 1,000 sq.ft property at the current guideline value, the total stamp duty would be Rs 23,450 and the registration fee would be Rs 6,700, making a total of Rs 30,150.

Which Sub Registrar Office covers Arijana Colony?

The Punchaipuliyampatti Sub Registrar Office covers Arijana Colony, located at Chathiram Road, Bus Stand Back Side, Punjai Puliayampatti - 638459, Coimbatore registration zone.

What is the land classification of Arijana Colony?

Arijana Colony is classified as Residential Class II Type - II according to the guideline value register.