Guideline Value for Aringar Anna Co-op Nagar

Aringar Anna Co-op Nagar guideline value

The current guideline value of Aringar Anna Co-op Nagar is Rs 1,000 per sq.ft, effective from 1 July 2024. This area is located in Vadavalli village, under the Vadavalli SRO, and is classified as Residential Class I Type - II.

How the guideline value of Aringar Anna Co-op Nagar has changed

In the 2017 revision, the guideline value was set at Rs 536 per sq.ft. This figure increased significantly to Rs 1,000 per sq.ft in the 2023 revision, marking an 87% rise. The 2024 revision also maintains the value at Rs 1,000 per sq.ft, showing no change from the previous year.

The register has no figures for the years 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 87%.

Guideline values in Vadavalli

In Vadavalli, there are 461 streets under the Vadavalli SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 2,200 per sq.ft, with a median value of Rs 1,100 per sq.ft. Aringar Anna Co-op Nagar's 2024 figure is below this median.

• Arijana Colony: Rs 1,006 per sq.ft (2024)
• Arul Gardens: Rs 1,100 per sq.ft (2024)
• A.P.Gardens: Rs 1,005 per sq.ft (2024)
• Arunachalam Layout: Rs 1,100 per sq.ft (2024)
• Arunachalam Nagar: Rs 1,100 per sq.ft (2024)
• Arun Nagar: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in Aringar Anna Co-op Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total fees to Rs 90,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Aringar Anna Co-op Nagar?

The Sub Registrar Office covering Aringar Anna Co-op Nagar is the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046, in the Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor during the registration of property transactions in Vadavalli. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate stamp duty and registration fees based on this value.

Frequently asked questions

What is the current guideline value of Aringar Anna Co-op Nagar?

The current guideline value of Aringar Anna Co-op Nagar is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 536 per sq.ft to Rs 1,000 per sq.ft in both the 2023 and 2024 revisions, showing an overall increase of 87%.

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

For a property valued at Rs 10,00,000, the stamp duty would be Rs 70,000, and the registration fee would be Rs 20,000, totaling Rs 90,000. These fees are based on the guideline value or sale price, whichever is higher.

Which office handles property registrations in Aringar Anna Co-op Nagar?

The Vadavalli Sub Registrar Office handles property registrations for Aringar Anna Co-op Nagar. It is located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.

What is the land classification of Aringar Anna Co-op Nagar?

Aringar Anna Co-op Nagar is classified as Residential Class I Type - II, indicating its designation for residential development within the area.