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Guideline Value

Corporate

Guideline Value for Arul Nagar (or) Nehruji Nagar

₹1100/sq.ft.

The guideline value for Arul Nagar (or) Nehruji Nagar in Sanganur. village (Gandhipuram SRO, Coimbatore zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Sanganur.

Village

Gandhipuram

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹800 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹200 /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)

Sro Gandhipuram,kalapatti Road,near Saravanampatti Poilce Station,saravanampatti-641035
0422-2666669
[email protected]

DRO (District Registrar Office)

District Registara Office, Syriyan Church Road, Corporation Marriage Hall, Coimbatore -641001
0422-2300722
[email protected],[email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Arul Nagar (or) Nehruji Nagar

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Arul Nagar (or) Nehruji Nagar guideline value

The current guideline value of Arul Nagar (or) Nehruji Nagar is Rs 1,100 per sq.ft, effective from 1 July 2024. This area is located in the village of Sanganur and falls under the Gandhipuram SRO, classified as Residential Class II Type - I.

How the guideline value of Arul Nagar (or) Nehruji Nagar has changed

The guideline value for Arul Nagar (or) Nehruji Nagar has seen several revisions over the years. The earliest recorded value was Rs 200 per sq.ft in 2007, which increased significantly to Rs 800 per sq.ft in 2012. However, this value then dropped to Rs 536 per sq.ft in 2017. The most recent revisions show an increase to Rs 1,000 per sq.ft in 2023, followed by a further increase to Rs 1,100 per sq.ft in 2024, marking a 10% rise from the previous year.

In terms of percentage changes, the value increased by 300% from 2007 to 2012, decreased by 33% from 2012 to 2017, and then saw a substantial increase of 87% from 2017 to 2023. Overall, from 2007 to 2024, the guideline value has increased by 450%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Sanganur.

In Sanganur, there are 394 streets under the Gandhipuram SRO that carry a 2024 guideline value, ranging from Rs 1,100 to Rs 10,080 per sq.ft, with a median value of Rs 1,120 per sq.ft. The guideline value for Arul Nagar (or) Nehruji Nagar is below this median.

Stamp duty and registration fee for property in Arul Nagar (or) Nehruji Nagar

For a 1,000 sq.ft plot at the current rate of Rs 1,100 per sq.ft, the guideline value is Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, totaling Rs 99,000. It is important to 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 accurate calculations.

Which Sub Registrar Office covers Arul Nagar (or) Nehruji Nagar?

The Sub Registrar Office that covers Arul Nagar (or) Nehruji Nagar is the Gandhipuram Sub Registrar Office, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Sanganur. It is used to determine the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value is taken into account to ensure that the necessary fees are calculated accurately. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Arul Nagar (or) Nehruji Nagar?

The current guideline value of Arul Nagar (or) Nehruji Nagar is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 200 per sq.ft in 2007 to Rs 1,100 per sq.ft in 2024. Notable changes include a 300% increase from 2007 to 2012 and an 87% increase from 2017 to 2023.

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

For a property valued at Rs 11,00,000, the stamp duty would be Rs 77,000 and the registration fee would be Rs 22,000, totaling Rs 99,000. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office covers this area?

The Gandhipuram Sub Registrar Office covers Arul Nagar (or) Nehruji Nagar, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

What is the land classification of Arul Nagar (or) Nehruji Nagar?

Arul Nagar (or) Nehruji Nagar is classified as Residential Class II Type - I, indicating its designation for residential purposes within the local planning framework.