Guideline Value for Arunachalam Layout

Arunachalam Layout guideline value

The current guideline value of Arunachalam Layout is Rs 1,100 per sq.ft, effective from 1 July 2024. This layout is located in Vadavalli village, under the Vadavalli SRO, and is classified as Residential Class I Type - I.

How the guideline value of Arunachalam Layout has changed

The guideline value for Arunachalam Layout has seen several revisions over the years. The earliest recorded figure is from 2012, which was Rs 1,000 per sq.ft. This was followed by a decrease to Rs 670 per sq.ft in 2017. In 2023, the value increased to Rs 1,000 per sq.ft, and the most recent revision in 2024 has set the value at Rs 1,100 per sq.ft.

In terms of percentage changes, the value increased by 49% from 2017 to 2023, then saw a 10% increase from 2023 to 2024. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Vadavalli

In Vadavalli, there are 461 streets under the Vadavalli SRO that carry a 2024 guideline value, ranging from Rs 1,000 to Rs 2,200 per sq.ft. The median value is Rs 1,100 per sq.ft, which is equal to the current figure for Arunachalam Layout.

• Arunachalam Nagar: Rs 1,100 per sq.ft (2024)
• Arun Nagar: Rs 1,100 per sq.ft (2024)
• Arun Nagar Extension: Rs 1,100 per sq.ft (2024)
• Arul Gardens: Rs 1,100 per sq.ft (2024)
• Aringar Anna Co-op Nagar: Rs 1,000 per sq.ft (2024)
• Arijana Colony: Rs 1,006 per sq.ft (2024)

Stamp duty and registration fee for property in Arunachalam Layout

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty, charged at 7%, would amount to Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total fees to Rs 99,000. Duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Arunachalam Layout?

The Arunachalam Layout falls under the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046, 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 Vadavalli

The guideline value is a crucial factor when registering a property in Vadavalli. It determines the amount of stamp duty and registration fees payable, which are calculated based on the guideline value or the sale price, whichever is higher.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, reflecting the current market conditions as established by the Registration Department's guideline value register.

Frequently asked questions

What is the current guideline value for Arunachalam Layout?

The current guideline value for Arunachalam Layout 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 from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,100 per sq.ft in 2024.

What is the stamp duty for property in Arunachalam Layout?

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

Where can I find the Sub Registrar Office for Arunachalam Layout?

The Sub Registrar Office covering Arunachalam Layout is located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.

What other streets have the same guideline value in Vadavalli?

Other streets in Vadavalli with the same guideline value of Rs 1,100 per sq.ft (2024) include Arunachalam Nagar, Arun Nagar, Arun Nagar Extension, and Arul Gardens.