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Guideline Value

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Guideline Value for Arunachalam Nagar(134,2,6,8)

₹250/sq.ft.

The guideline value for Arunachalam Nagar(134,2,6,8) in Lakkampatti village (Gobichettipalayam Joint I SRO, Coimbatore zone) is Rs 250 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Lakkampatti

Village

Gobichettipalayam Joint I

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹250 /sq.ft.
From 1-4-2023 ₹250 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹167 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹250 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹75 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹40 /sq.ft.
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Integrated Registration Office, No.81, Old Hospital Street, Near Market, Gobichettipalayam-638452
04285-222015
[email protected]

DRO (District Registrar Office)

Integrated Reistration Complex, 81 Old Hospital Rd, Near Market, Gobichettipalayam - 638452
04285-222014
[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 Nagar(134,2,6,8)

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Arunachalam Nagar(134,2,6,8) guideline value

The current guideline value for Arunachalam Nagar(134,2,6,8) is Rs 250 per sq.ft, effective from 1 July 2024. This street is located in Lakkampatti village under the Gobichettipalayam Joint I SRO, classified as Residential Class I Type - II.

How the guideline value of Arunachalam Nagar(134,2,6,8) has changed

The guideline value for Arunachalam Nagar(134,2,6,8) has seen several revisions over the years. In 2003, the guideline value was Rs 40 per sq.ft, which increased to Rs 75 per sq.ft in 2007, marking an increase of 88%. The value then rose significantly to Rs 250 per sq.ft in 2012, reflecting a 233% increase. However, it decreased to Rs 167 per sq.ft in 2017, a drop of 33%. The value remained at Rs 250 per sq.ft in both the 2023 and 2024 revisions, indicating no change between these two years. The register has no figure for this street in 2002.

From 2017 to 2023, there was a notable increase of 50%, bringing the value back to Rs 250 per sq.ft. Overall, from 2003 to 2024, the guideline value has increased by 525%, showcasing significant growth over the years.

Guideline values in Lakkampatti

In Lakkampatti, there are 128 streets under the Gobichettipalayam Joint I SRO with a 2024 guideline value ranging from Rs 200 to Rs 450 per sq.ft. The median guideline value in the village is Rs 275 per sq.ft, placing Arunachalam Nagar(134,2,6,8) below this median.

Stamp duty and registration fee for property in Arunachalam Nagar(134,2,6,8)

For a 1,000 sq.ft plot at the current guideline value of Rs 250 per sq.ft, the total guideline value amounts to Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, and the registration fee at 2% would be Rs 5,000, bringing the total cost for these fees to Rs 22,500. It is important to note that the 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 Nagar(134,2,6,8)?

The Sub Registrar Office that covers Arunachalam Nagar(134,2,6,8) is the Gobichettipalayam Joint I Sub Registrar Office, located at Integrated Registration Office, No.81, Old Hospital Street, Near Market, Gobichettipalayam-638452, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Lakkampatti. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, ensuring that these costs are based on an official valuation rather than the sale price alone.

It is essential for buyers and sellers to be aware of the guideline value as it affects the overall transaction costs. This value helps maintain transparency in property dealings and ensures that the appropriate taxes are collected by the government.

Frequently asked questions

What is the current guideline value for Arunachalam Nagar(134,2,6,8)?

The current guideline value for Arunachalam Nagar(134,2,6,8) is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 40 per sq.ft in 2003 to Rs 250 per sq.ft in 2024, with various increments and decrements in between, including a significant drop in 2017.

What is the median guideline value in Lakkampatti?

The median guideline value in Lakkampatti is Rs 275 per sq.ft, with Arunachalam Nagar(134,2,6,8) being below this median at Rs 250 per sq.ft.

What are the stamp duty rates for property in Arunachalam Nagar(134,2,6,8)?

The stamp duty for property in Arunachalam Nagar(134,2,6,8) is charged at a rate of 7% on the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Arunachalam Nagar(134,2,6,8)?

The Sub Registrar Office for Arunachalam Nagar(134,2,6,8) is the Gobichettipalayam Joint I Sub Registrar Office, located at Integrated Registration Office, No.81, Old Hospital Street, Near Market, Gobichettipalayam-638452, Coimbatore registration zone.