Guideline Value for Arijana Theru

Arijana Theru guideline value

The current guideline value of Arijana Theru is Rs 140 per sq.ft, effective from 1 July 2024. This street is located in Kallapalayam village, under the jurisdiction of the Singanallur SRO, and is classified as Residential Class III Type - I.

How the guideline value of Arijana Theru has changed

The guideline value has undergone several revisions over the years. The 2012 revision set the value at Rs 125 per sq.ft, which then decreased to Rs 84 per sq.ft in 2017. Following this, the value increased significantly to Rs 126 per sq.ft in 2023. The most recent revision in 2024 has further increased the guideline value to Rs 140 per sq.ft, marking an 11% rise from the previous year.

Overall, from 2012 to 2024, the guideline value has increased by 12%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Kallapalayam

Kallapalayam village has a total of 81 streets under the Singanallur SRO, with guideline values ranging from Rs 100 to Rs 500 per sq.ft. The median guideline value for these streets is Rs 140 per sq.ft, which is equal to the current value of Arijana Theru.

• Arijana Colony: Rs 140 per sq.ft (2024)
• Arunthathiyar Housing unit: Rs 140 per sq.ft (2024)
• Anna street: Rs 220 per sq.ft (2024)
• Anbu Nagar: Rs 220 per sq.ft (2024)
• Bagathsingh street: Rs 220 per sq.ft (2024)
• Bala Gangadhar Thilagar street: Rs 220 per sq.ft (2024)

Stamp duty and registration fee for property in Arijana Theru

For a 1,000 sq.ft plot at the current guideline value of Rs 140 per sq.ft, the total guideline value amounts to Rs 1,40,000. The stamp duty at 7% would be Rs 9,800, and the registration fee at 2% would be Rs 2,800, bringing the total fees to Rs 12,600. Duty is charged on the higher of the guideline value and the sale price. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Arijana Theru?

The Sub Registrar Office that covers Arijana Theru is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for more details.

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

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

When a property is registered, the fees are calculated based on 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 Arijana Theru?

The current guideline value of Arijana Theru is Rs 140 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 125 per sq.ft in 2012 to Rs 140 per sq.ft in 2024, with various revisions in between, including a significant increase to Rs 126 per sq.ft in 2023.

What is the stamp duty for property in Arijana Theru?

The stamp duty for property in Arijana Theru is 7% of the guideline value or sale price, whichever is higher. For a plot valued at Rs 1,40,000, the stamp duty would be Rs 9,800.

Where can I find the Sub Registrar Office for Arijana Theru?

The Sub Registrar Office for Arijana Theru is located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111. You can find more information on the relevant SRO through the provided link.

How is the guideline value used in property transactions?

The guideline value is used to determine the stamp duty and registration fees during property transactions. It is essential for ensuring that the correct fees are paid based on the higher of the guideline value or the sale price.