Guideline Value

Corporate

Guideline Value for Arunachalam Colony

₹1700/sq.ft.

The guideline value for Arunachalam Colony in Ramanathapuram village (Peelamedu SRO, Coimbatore zone) is Rs 1700 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 13% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ramanathapuram

Village

Peelamedu

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹1700 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1005 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹314 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹297 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹270 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222947
[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 Arunachalam Colony

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Arunachalam Colony guideline value

The current guideline value of Arunachalam Colony, located in Ramanathapuram village under the Peelamedu SRO, is Rs 1,700 per sq.ft as per the 2024 revision effective from 1 July 2024. This property falls under the Residential Class II Type - I land classification.

How the guideline value of Arunachalam Colony has changed

The guideline value for Arunachalam Colony has seen several revisions over the years. The earliest recorded revision in 2002 set the value at Rs 270 per sq.ft. This increased to Rs 297 per sq.ft in 2003, followed by a small rise to Rs 314 per sq.ft in 2007. The value then saw a significant jump to Rs 1,500 per sq.ft in 2012, which was followed by a decrease to Rs 1,005 per sq.ft in 2017. The value rebounded to Rs 1,500 per sq.ft in 2023, and currently stands at Rs 1,700 per sq.ft in the 2024 revision.

From the 2017 revision to the 2023 revision, there was a notable increase of 49%. The jump from 2023 to 2024 reflects a 13% rise. The most dramatic change occurred between the 2007 and 2012 revisions, with an increase of 378%. Overall, from 2002 to 2024, the guideline value has increased by 530%. There are no other revisions recorded for this street.

Guideline values in Ramanathapuram

In Ramanathapuram, there are 81 streets under the Peelamedu SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 5,750 per sq.ft, with the median value being Rs 1,700 per sq.ft. The guideline value for Arunachalam Colony matches this median.

Stamp duty and registration fee for property in Arunachalam Colony

For a 1,000 sq.ft plot at the current guideline value of Rs 1,700 per sq.ft, the total guideline value amounts to Rs 17,00,000. The stamp duty at 7% would be Rs 1,19,000, and the registration fee at 2% would be Rs 34,000, resulting in a total of Rs 1,53,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Arunachalam Colony?

The Sub Registrar Office that covers Arunachalam Colony is the Peelamedu Sub Registrar Office, located at 6/1, Grd Road, Redfields, Coimbatore - 18, in the Coimbatore registration zone. You can find your SRO for further assistance.

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

The guideline value plays a crucial role when buying or selling property in Ramanathapuram. It is used to determine the stamp duty and registration fees applicable during the transaction. Buyers and sellers must consider this value to ensure compliance with local regulations.

When a property is registered, the guideline value is referenced to calculate the applicable fees. It is essential for both parties to be aware of this value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Arunachalam Colony?

The current guideline value of Arunachalam Colony is Rs 1,700 per sq.ft as per the 2024 revision effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 270 per sq.ft in 2002 to Rs 1,700 per sq.ft in 2024, reflecting an overall increase of 530% over the years.

What is the stamp duty for property in Arunachalam Colony?

The stamp duty for property in Arunachalam Colony is 7% of the guideline value or sale price, whichever is higher.

Where is the Peelamedu Sub Registrar Office located?

The Peelamedu Sub Registrar Office is located at 6/1, Grd Road, Redfields, Coimbatore - 18.

How is the guideline value used in property transactions?

The guideline value is used to calculate the stamp duty and registration fees when buying or selling property in Ramanathapuram, ensuring compliance with local regulations.