Guideline Value

Corporate

Guideline Value for Arumugam Avenue

₹550/sq.ft.

The guideline value for Arumugam Avenue in Irugur village (Singanallur SRO, Coimbatore zone) is Rs 550 per sq.ft, effective 1 July 2024. It was Rs 500 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

Irugur

Village

Singanallur

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹550 /sq.ft.
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
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)

Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111
0422-2579455
[email protected]

DRO (District Registrar Office)

District Registrar Office Coimbatore (south), Fifth Floor, Singapore Plaza, Crosscut Road, Gandhipuram, Coimbatore 641012.
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[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Arumugam Avenue

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Arumugam Avenue guideline value

The current guideline value of Arumugam Avenue is Rs 550 per sq.ft, effective from 1 July 2024. This street is located in Irugur village under the Singanallur SRO, classified as Residential Class II Type - I.

How the guideline value of Arumugam Avenue has changed

Over the years, the guideline value of Arumugam Avenue has seen significant changes. The 2017 revision set the value at Rs 335 per sq.ft, which increased to Rs 500 per sq.ft in the 2023 revision, marking a 49% rise. The most recent 2024 revision has further increased the guideline value to Rs 550 per sq.ft, reflecting a 10% increase from the previous year.

From the 2017 revision to the 2024 revision, the overall increase in the guideline value is 64%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Irugur

In Irugur, there are 307 streets under the Singanallur SRO that carry a 2024 guideline value, ranging from Rs 220 to Rs 2,200 per sq.ft. The median guideline value for these streets is Rs 440 per sq.ft, positioning Arumugam Avenue's 2024 figure above this median.

Stamp duty and registration fee for property in Arumugam Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value would be Rs 5,50,000. The stamp duty at 7% would amount to Rs 38,500, while the registration fee at 2% would be Rs 11,000, bringing the total fees together to Rs 49,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Arumugam Avenue?

The Sub Registrar Office that covers Arumugam Avenue is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in property transactions in Irugur, as it determines the minimum value at which a property can be registered. When buying or selling a property, the guideline value is used to calculate the applicable stamp duty and registration fees, ensuring that these charges are based on a standardized valuation.

Additionally, the guideline value helps maintain transparency in property transactions, as it provides a benchmark for buyers and sellers. It is essential to be aware of the current guideline value when engaging in property dealings to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Arumugam Avenue?

The current guideline value of Arumugam Avenue is Rs 550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 335 per sq.ft in 2017 to Rs 500 per sq.ft in 2023, and then to Rs 550 per sq.ft in 2024. This represents a total increase of 64% from 2017 to 2024.

What are the other streets in Irugur with their guideline values?

There are several other streets in Irugur with varying guideline values. For example, Arumugam Avenue Extension and Arumugam Avenue Extension phase-II both have a guideline value of Rs 880 per sq.ft in 2024.

What fees are involved when registering property in Arumugam Avenue?

When registering property in Arumugam Avenue, the stamp duty is charged at 7% of the guideline value, and the registration fee is 2%. For a plot of 1,000 sq.ft, these fees would total Rs 49,500.

Where can I find the Sub Registrar Office for Arumugam Avenue?

The Sub Registrar Office for Arumugam Avenue is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111. You can find more information about your SRO online.