Guideline Value for Arumuga Gounder Street

Arumuga Gounder Street guideline value

The current guideline value of Arumuga Gounder Street is Rs 1,003 per sq.ft, effective from 1 July 2024. This street is located in Kuniyamuthur village and falls under the Coimbatore South Joint 1 SRO. The land classification for this area is Residential Class II Type - II.

How the guideline value of Arumuga Gounder Street has changed

In the 2023 revision, the guideline value for Arumuga Gounder Street was Rs 1,000 per sq.ft. The most recent revision in 2024 saw the guideline value increase to Rs 1,003 per sq.ft, representing a change of +0% from the previous year. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017.

The guideline value has seen a steady increase from Rs 1,000 in 2023 to Rs 1,003 in 2024. It is important to note that the changes between these revisions reflect the current valuation standards set by the Registration Department.

Guideline values in Kuniyamuthur

In Kuniyamuthur, there are 410 streets under the Coimbatore South Joint 1 SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 1,550 per sq.ft, with a median value of Rs 1,003 per sq.ft. The guideline value of Arumuga Gounder Street aligns perfectly with this median.

• Arumuga Boyan Street: Rs 1,003 per sq.ft (2024)
• Arputham Nagar: Rs 1,003 per sq.ft (2024)
• Arura Residency: Rs 1,007 per sq.ft (2024)
• Arjun Colony: Rs 1,004 per sq.ft (2024)
• A.S Garden: Rs 1,200 per sq.ft (2024)
• Ashok kumar Nagar: Rs 1,001 per sq.ft (2024)

Stamp duty and registration fee for property in Arumuga Gounder Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,003 per sq.ft, the total guideline value would be Rs 10,03,000. The stamp duty at 7% would amount to Rs 70,210, and the registration fee at 2% would be Rs 20,060, making the total cost Rs 90,270. It is important to note that duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Arumuga Gounder Street?

The Sub Registrar Office that covers Arumuga Gounder Street is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001, in the Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Kuniyamuthur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency and standardization in property transactions.

When buying or selling property, the guideline value helps in calculating the applicable stamp duty and registration fees. Buyers should be aware that these fees are based on the higher of the guideline value or the actual sale price, which can significantly impact the total cost of the transaction.

Frequently asked questions

What is the current guideline value of Arumuga Gounder Street?

The current guideline value of Arumuga Gounder Street is Rs 1,003 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Arumuga Gounder Street was Rs 1,000 per sq.ft in 2023 and increased to Rs 1,003 per sq.ft in 2024. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Arumuga Gounder Street?

The land classification for Arumuga Gounder Street is Residential Class II Type - II, indicating its suitability for residential purposes.

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

For a 1,000 sq.ft plot at the current guideline value, the total guideline value would be Rs 10,03,000. The total stamp duty and registration fees would amount to Rs 90,270.

Where can I find the Sub Registrar Office for Arumuga Gounder Street?

The Sub Registrar Office for Arumuga Gounder Street is located at No.410a, Raja Street, Coimbatore-641001. You can find more information by visiting the relevant links.