Guideline Value for Arumuga Udayar Street

Arumuga Udayar Street guideline value

The current guideline value of Arumuga Udayar Street is Rs 1,002 per sq.ft, effective from 1 July 2024. This street is located in Kumarapalayam village under the Coimbatore South Joint 1 SRO, classified as Residential Class II Type - I.

How the guideline value of Arumuga Udayar Street has changed

The guideline value for Arumuga Udayar Street has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 1,002 per sq.ft, up from Rs 1,000 per sq.ft in 2023. Notably, there was no change in the guideline value between 2023 and 2024, reflecting a 0% change.

Prior to the 2023 revision, the register has no figure for this street for the years 2017, 2012, 2007, 2003, and 2002. Therefore, the only figures available are from 2023 and 2024.

Guideline values in Kumarapalayam

In Kumarapalayam, there are 290 streets under the Coimbatore South Joint 1 SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 2,750 per sq.ft, with a median value of Rs 1,001 per sq.ft. The guideline value of Arumuga Udayar Street is above this median.

• Aruljothi Nagar: Rs 1,000 per sq.ft (2024)
• Arul Gardens: Rs 2,000 per sq.ft (2024)
• Arul Garden Extension: Rs 2,000 per sq.ft (2024)
• Aranganayagam Nager: Rs 1,002 per sq.ft (2024)
• Aranganayagam Nagar Cross Street No.4: Rs 1,002 per sq.ft (2024)
• Aranganayagam Nagar Cross Street No.3: Rs 1,002 per sq.ft (2024)

Stamp duty and registration fee for property in Arumuga Udayar Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,002 per sq.ft, the total guideline value would be Rs 10,02,000. The stamp duty at 7% would amount to Rs 70,140, and the registration fee at 2% would be Rs 20,040, leading to a total of Rs 90,180. 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 details.

Which Sub Registrar Office covers Arumuga Udayar Street?

The Sub Registrar Office that covers Arumuga Udayar 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 Kumarapalayam

The guideline value is an important factor when registering property transactions in Kumarapalayam. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring transparency and fairness in property dealings.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees. Buyers must pay these fees based on the higher of the guideline value or the sale price, which helps in maintaining a standardized valuation across the region.

Frequently asked questions

What is the current guideline value of Arumuga Udayar Street?

The current guideline value of Arumuga Udayar Street is Rs 1,002 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Arumuga Udayar Street has changed from Rs 1,000 per sq.ft in 2023 to Rs 1,002 per sq.ft in 2024. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002.

What is the land classification for Arumuga Udayar Street?

Arumuga Udayar Street is classified as Residential Class II Type - I. This classification indicates the type of development and usage permitted in the area.

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

For a property valued at Rs 10,02,000, the stamp duty would be Rs 70,140 and the registration fee would be Rs 20,040, totaling Rs 90,180. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for this street located?

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