Guideline Value for Arisana colony 185 (1,2)

Arisana colony 185 (1,2) guideline value

The current guideline value of Arisana colony 185 (1,2) is Rs 250 per sq.ft, effective from 1 July 2024. This property is located in Vanipudur village under the Thookanaicken Palayam SRO, classified as Residential Class I Type - I.

How the guideline value of Arisana colony 185 (1,2) has changed

Over the years, the guideline value of Arisana colony 185 (1,2) has seen several revisions. The 2017 revision recorded a guideline value of Rs 167 per sq.ft. This figure increased by 50% to Rs 250 per sq.ft in the 2023 revision, which remained unchanged in the 2024 revision.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value increased by 50%.

Guideline values in Vanipudur

In Vanipudur, there are 56 streets under the Thookanaicken Palayam SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 440 per sq.ft. The median guideline value for these streets is Rs 250 per sq.ft, which is equal to the 2024 figure for Arisana colony 185 (1,2).

• Arisana colony (TN Palayam West) 321 (1): Rs 250 per sq.ft (2024)
• Arisana Colony T.N Palayam west,east 32,302(1,2,4A,5) 1 (1): Rs 250 per sq.ft (2024)
• A.R.R.Colony1,2 308(1,2): Rs 250 per sq.ft (2024)
• Annastreet 300: Rs 200 per sq.ft (2024)
• Annanagar 1,2 321 (2): Rs 250 per sq.ft (2024)
• Anbu Nagar 287 (2): Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Arisana colony 185 (1,2)

For a 1,000 sq.ft plot at the current rate of Rs 250 per sq.ft, the guideline value amounts to Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, and the registration fee at 2% would be Rs 5,000, bringing the total fees to Rs 22,500. Please 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 more detailed calculations.

Which Sub Registrar Office covers Arisana colony 185 (1,2)?

The Sub Registrar Office that covers Arisana colony 185 (1,2) is the Thookanaicken Palayam Sub Registrar Office, located at T.s.p Nagar Vaikkal Road T.n.palayam Gobi-638506, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Vanipudur. It serves as a benchmark for determining the stamp duty and registration fees, which are calculated based on the guideline value or the sale price, whichever is higher.

When engaging in property transactions, understanding the guideline value is essential for both buyers and sellers. It ensures that all parties are aware of the financial implications involved in the registration process.

Frequently asked questions

What is the current guideline value of Arisana colony 185 (1,2)?

The current guideline value of Arisana colony 185 (1,2) is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 167 per sq.ft in 2017 to Rs 250 per sq.ft in 2023, and it remains the same in 2024. Overall, from 2017 to 2024, the increase is 50%.

Which Sub Registrar Office covers Arisana colony 185 (1,2)?

The Thookanaicken Palayam Sub Registrar Office covers Arisana colony 185 (1,2), located at T.s.p Nagar Vaikkal Road T.n.palayam Gobi-638506, Coimbatore registration zone.

What is the land classification of Arisana colony 185 (1,2)?

Arisana colony 185 (1,2) is classified as Residential Class I Type - I.

How is the stamp duty calculated for properties in Arisana colony 185 (1,2)?

Stamp duty is calculated at 7% of the guideline value or sale price, whichever is higher. For example, for a property valued at Rs 2,50,000, the stamp duty would be Rs 17,500.