Guideline Value for Arundhadhiyar Street (Haripuram)

Arundhadhiyar Street (Haripuram) guideline value

The current guideline value of Arundhadhiyar Street (Haripuram) is Rs 1,120 per sq.ft, effective from 1 July 2024. This street is located in Ganapathyward11 village, under the Ganapathy SRO, and is classified as Residential Class II Type - I.

How the guideline value of Arundhadhiyar Street (Haripuram) has changed

The guideline value for Arundhadhiyar Street (Haripuram) has seen several revisions over the years. In 2007, the guideline value was Rs 400 per sq.ft, which increased significantly to Rs 1,000 per sq.ft in 2012, marking a 150% rise. However, it then decreased to Rs 670 per sq.ft in 2017, representing a 33% drop. The value increased again to Rs 1,000 per sq.ft in 2023, and most recently, it rose to Rs 1,120 per sq.ft in 2024, a 12% increase from the previous year. Notably, the register has no figures for the years 2002 and 2003.

Overall, from 2007 to 2024, the guideline value has increased by 180%. The values have fluctuated significantly over the years, with the highest value recorded in 2024 at Rs 1,120 per sq.ft and the lowest in 2007 at Rs 400 per sq.ft.

Guideline values in Ganapathyward11

In Ganapathyward11, there are 104 streets under the Ganapathy SRO that carry a 2024 guideline value ranging from Rs 1,120 to Rs 10,080 per sq.ft. The median value for these streets is Rs 2,240 per sq.ft, indicating that Arundhadhiyar Street's 2024 figure is below this median.

• Aswath Nagar: Rs 2,240 per sq.ft (2024)
• Annapoorna Lay-out: Rs 2,240 per sq.ft (2024)
• Bagathsingh Road: Rs 3,920 per sq.ft (2024)
• Bagathsingh Road 1st Cross: Rs 2,240 per sq.ft (2024)
• Balasundaram Lay-out: Rs 2,240 per sq.ft (2024)
• Bharathiar Road (Womens Polytechnic to Gandipuram Signal ): Rs 6,720 per sq.ft (2024)

Stamp duty and registration fee for property in Arundhadhiyar Street (Haripuram)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,120 per sq.ft, the total guideline value would be Rs 11,20,000. The stamp duty at 7% would amount to Rs 78,400, and the registration fee at 2% would be Rs 22,400, making the total cost for these fees Rs 1,00,800. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Arundhadhiyar Street (Haripuram)?

The Sub Registrar Office that covers Arundhadhiyar Street (Haripuram) is the Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore. 641006. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ganapathyward11

The guideline value is a crucial factor in the registration process when buying or selling property in Ganapathyward11. It determines the minimum value at which a property can be registered and is used to calculate stamp duty and registration fees.

When a property is sold, the guideline value ensures that the transaction is recorded at a fair value, preventing undervaluation. Buyers and sellers must consider this value to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value of Arundhadhiyar Street (Haripuram)?

The current guideline value of Arundhadhiyar Street (Haripuram) is Rs 1,120 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 400 per sq.ft in 2007 to Rs 1,120 per sq.ft in 2024, reflecting an overall increase of 180% over the years.

What is the median guideline value for streets in Ganapathyward11?

The median guideline value for streets in Ganapathyward11 is Rs 2,240 per sq.ft, which is higher than the current value of Arundhadhiyar Street.

What are the stamp duty and registration fees for properties in Arundhadhiyar Street?

For a 1,000 sq.ft plot, the stamp duty would be Rs 78,400 and the registration fee would be Rs 22,400, totaling Rs 1,00,800 based on the current guideline value.

Where is the Sub Registrar Office for Arundhadhiyar Street (Haripuram)?

The Ganapathy Sub Registrar Office is located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore. 641006, and it covers Arundhadhiyar Street.