Guideline Value for Arivu Mahan Vedathiri Nagar 805/2A,802/1,2,789,787,804,795.796,790

Arivu Mahan Vedathiri Nagar 805/2A,802/1,2,789,787,804,795.796,790 guideline value

The current guideline value for Arivu Mahan Vedathiri Nagar 805/2A,802/1,2,789,787,804,795.796,790 is Rs 100 per sq.ft, effective from 1 July 2024. This property is located in Kambaliyampatti village and falls under the Moolanur SRO with a land classification of Residential Class V Type - V.

How the guideline value of Arivu Mahan Vedathiri Nagar 805/2A,802/1,2,789,787,804,795.796,790 has changed

The guideline value for this street has undergone significant changes over the years. The earliest recorded revision was in 2012, where the guideline value was Rs 30 per sq.ft. From 2012 to the latest revision in 2024, the value increased by 233%, reaching Rs 100 per sq.ft.

There are no figures available for the revisions in the years 2002, 2003, 2007, 2017, and 2023 for this street. The 2024 revision marks a substantial increase compared to the previous figures, reflecting the current valuation.

Guideline values in Kambaliyampatti

In Kambaliyampatti, four streets under the Moolanur SRO have a 2024 guideline value of Rs 100 per sq.ft, with the median also at Rs 100 per sq.ft. The guideline value for Arivu Mahan Vedathiri Nagar aligns with this median.

• Arivu Thirukoil Nagar 775/A,776/B,777/2,3,4,778,779/A1,A3,B: Rs 100 per sq.ft (2024)
• Pavilam Garden 819: Rs 100 per sq.ft (2024)
• Tirupur Garden 939/1: Rs 100 per sq.ft (2024)

Stamp duty and registration fee for property in Arivu Mahan Vedathiri Nagar 805/2A,802/1,2,789,787,804,795.796,790

For a 1,000 sq.ft plot at the current guideline value of Rs 100 per sq.ft, the total guideline value amounts to Rs 1,00,000. The stamp duty at 7% would be Rs 7,000, and the registration fee at 2% would be Rs 2,000, bringing the total fees to Rs 9,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Arivu Mahan Vedathiri Nagar 805/2A,802/1,2,789,787,804,795.796,790?

The Sub Registrar Office covering Arivu Mahan Vedathiri Nagar is the Moolanur Sub Registrar Office, located at No.2, Karur-dharapuram Road, Moolanur - 638106, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in property transactions in Kambaliyampatti. It is used to determine the stamp duty and registration fees applicable during the registration process. Buyers and sellers must consider the guideline value as it reflects the official valuation of the property.

When registering a property, the guideline value is compared to the sale price, and the higher figure is used for calculating the applicable duties. This ensures that the registration reflects the true value of the property being transferred.

Frequently asked questions

What is the current guideline value of Arivu Mahan Vedathiri Nagar?

The current guideline value of Arivu Mahan Vedathiri Nagar 805/2A,802/1,2,789,787,804,795.796,790 is Rs 100 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2012?

Since the 2012 revision, the guideline value has increased from Rs 30 per sq.ft to Rs 100 per sq.ft in 2024, marking a change of 233%.

Are there any years with no guideline value figures for this street?

Yes, the register has no figures for the years 2002, 2003, 2007, 2017, and 2023 for Arivu Mahan Vedathiri Nagar.

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

For a property valued at Rs 1,00,000, the stamp duty would be Rs 7,000 and the registration fee would be Rs 2,000, totaling Rs 9,000.

Where is the Sub Registrar Office for this property located?

The Sub Registrar Office for Arivu Mahan Vedathiri Nagar is located at No.2, Karur-dharapuram Road, Moolanur - 638106, Coimbatore registration zone.