Guideline Value for Arjun Colony

Arjun Colony guideline value

The current guideline value of Arjun Colony in Kuniyamuthur village is Rs 1,004 per sq.ft, effective from 1 July 2024. This area falls under the Coimbatore South Joint 1 SRO and is classified as Residential Class II Type - III.

How the guideline value of Arjun Colony has changed

The guideline value for Arjun Colony has seen revisions over the years. The register does not contain figures for the years 2002, 2003, 2007, 2012, and 2017. In 2023, the guideline value was recorded at Rs 1,000 per sq.ft, which was then revised to Rs 1,004 per sq.ft in 2024, reflecting a change of +0% between these two revisions.

With the 2024 revision, the current guideline value stands at Rs 1,004 per sq.ft. The previous revision in 2023 was Rs 1,000 per sq.ft, indicating a slight increase in the guideline value for this street.

Guideline values in Kuniyamuthur

In Kuniyamuthur, there are 410 streets under the Coimbatore South Joint 1 SRO, with guideline values ranging from Rs 1,000 to Rs 1,550 per sq.ft. The median guideline value for the area is Rs 1,003 per sq.ft, placing Arjun Colony's 2024 figure above this median.

• Arputham Nagar: Rs 1,003 per sq.ft (2024)
• Archana Nagar Extension: Rs 1,003 per sq.ft (2024)
• Archana Nagar: Rs 1,003 per sq.ft (2024)
• Arumuga Boyan Street: Rs 1,003 per sq.ft (2024)
• Aranmanai Thottam: Rs 1,003 per sq.ft (2024)
• Arumuga Gounder Street: Rs 1,003 per sq.ft (2024)

Stamp duty and registration fee for property in Arjun Colony

For a 1,000 sq.ft plot at the current guideline value of Rs 1,004 per sq.ft, the total guideline value would be Rs 10,04,000. The stamp duty at 7% would amount to Rs 70,280, and the registration fee at 2% would be Rs 20,080, making the total cost for these fees Rs 90,360. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Arjun Colony?

The Sub Registrar Office covering Arjun Colony is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Kuniyamuthur. It determines the minimum value at which a property can be registered and is used to calculate the applicable stamp duty and registration fees.

When a property is sold, the transaction must reflect a sale price that is equal to or greater than the guideline value. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Arjun Colony?

The current guideline value of Arjun Colony is Rs 1,004 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Arjun Colony was Rs 1,000 per sq.ft in 2023 and increased to Rs 1,004 per sq.ft in 2024. The register does not contain figures for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification of Arjun Colony?

Arjun Colony is classified as Residential Class II Type - III, indicating its designation for residential purposes within the area.

What are the stamp duty and registration fees for properties in Arjun Colony?

For a property valued at Rs 10,04,000, the stamp duty would be Rs 70,280 and the registration fee would be Rs 20,080, totaling Rs 90,360. These fees are based on the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office for Arjun Colony located?

The Sub Registrar Office for Arjun Colony is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001.