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Guideline Value

Corporate

Guideline Value for Arrumaikarar Street (372/4)

₹226/sq.ft.

The guideline value for Arrumaikarar Street (372/4) in Kanjikoil village (Kavundapadi SRO, Coimbatore zone) is Rs 226 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Kanjikoil

Village

Kavundapadi

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹226 /sq.ft.
From 1-4-2023 ₹226 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹134 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹200 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹44 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Marutham Nagar Bye-pass Road, Kavundapadi.638455.
04256-242642/progress
[email protected]

DRO (District Registrar Office)

Integrated Reistration Complex, 81 Old Hospital Rd, Near Market, Gobichettipalayam - 638452
04285-222014
[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Arrumaikarar Street (372/4)

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Arrumaikarar Street (372/4) guideline value

The current guideline value of Arrumaikarar Street (372/4) is Rs 226 per sq.ft, effective from 1 July 2024. This street is located in Kanjikoil village and falls under the Kavundapadi SRO. The land classification for this area is Residential Class I Type - II.

How the guideline value of Arrumaikarar Street (372/4) has changed

Over the years, the guideline value of Arrumaikarar Street (372/4) has seen several revisions. In the 2007 revision, the value was Rs 44 per sq.ft, which increased significantly to Rs 200 per sq.ft in 2012. However, there was a decline to Rs 134 per sq.ft in the 2017 revision. Following this, the value remained unchanged at Rs 226 per sq.ft in both the 2023 and 2024 revisions.

From 2017 to 2023, there was a notable increase of 69%, while the change from 2012 to 2017 was a decrease of 33%. The value surged by 355% from 2007 to 2012. Overall, from 2007 to 2024, the guideline value has increased by 414%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Kanjikoil

In Kanjikoil, there are 50 streets under the Kavundapadi SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 326 per sq.ft, with a median value of Rs 226 per sq.ft. Arrumaikarar Street's 2024 figure matches this median.

Stamp duty and registration fee for property in Arrumaikarar Street (372/4)

For a 1,000 sq.ft plot at the current rate of Rs 226 per sq.ft, the guideline value would be Rs 2,26,000. The stamp duty at 7% would amount to Rs 15,820, while the registration fee at 2% would be Rs 4,520. Together, the total cost for these fees would be Rs 20,340. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Arrumaikarar Street (372/4)?

The Sub Registrar Office that covers Arrumaikarar Street (372/4) is the Kavundapadi Sub Registrar Office, located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Kanjikoil. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value is used to calculate the applicable fees, which are based on either the guideline value or the sale price, whichever is higher. This ensures a fair assessment of property transactions within the region.

Frequently asked questions

What is the current guideline value of Arrumaikarar Street (372/4)?

The current guideline value of Arrumaikarar Street (372/4) is Rs 226 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 44 per sq.ft in 2007 to Rs 226 per sq.ft in 2024, marking an overall increase of 414% over this period.

What is the land classification for Arrumaikarar Street (372/4)?

Arrumaikarar Street (372/4) is classified as Residential Class I Type - II, indicating its suitability for residential development.

Where is the Kavundapadi Sub Registrar Office located?

The Kavundapadi Sub Registrar Office is located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone.

How are stamp duty and registration fees calculated for properties in Kanjikoil?

Stamp duty and registration fees are calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 2,26,000, the total fees would amount to Rs 20,340.