Guideline Value for Arunthadhiyar Street

Arunthadhiyar Street guideline value

The current guideline value of Arunthadhiyar Street is Rs 1,320 per sq.ft, effective from 1 July 2024. This street is located in Ward 10 village under the Peelamedu SRO, classified as Residential Class II Type - I.

How the guideline value of Arunthadhiyar Street has changed

Over the years, the guideline value of Arunthadhiyar Street has seen several revisions. The 2007 revision set the value at Rs 570 per sq.ft, which increased significantly to Rs 1,200 per sq.ft in the 2012 revision, marking a rise of 111%. However, the value then decreased by 33% to Rs 804 per sq.ft in the 2017 revision. The 2023 revision brought it back up to Rs 1,200 per sq.ft, and the latest revision in 2024 has set the value at Rs 1,320 per sq.ft, reflecting a 10% increase from the previous year.

Notably, there are no figures available for Arunthadhiyar Street in the 2002 and 2003 revisions. Overall, from 2007 to 2024, the guideline value has increased by 132%.

Guideline values in Ward 10

In Ward 10, there are 224 streets under the Peelamedu SRO with a 2024 guideline value ranging from Rs 1,000 to Rs 7,700 per sq.ft, with a median value of Rs 2,200 per sq.ft. Arunthadhiyar Street's 2024 figure is below this median.

• Aryan Soap Colony: Rs 2,200 per sq.ft (2024)
• Arunachalam Colony: Rs 1,430 per sq.ft (2024)
• Arumugha Theviar Lane: Rs 1,430 per sq.ft (2024)
• Arumugham Layout: Rs 1,430 per sq.ft (2024)
• Ashokar Street: Rs 2,200 per sq.ft (2024)
• Avarampalayam Road: Rs 3,025 per sq.ft (2024)

Stamp duty and registration fee for property in Arunthadhiyar Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value amounts to Rs 13,20,000. The stamp duty at 7% would be Rs 92,400, and the registration fee at 2% would be Rs 26,400, leading to a total of Rs 1,18,800. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Arunthadhiyar Street?

The Sub Registrar Office that covers Arunthadhiyar Street 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 more information.

How the guideline value is used when you buy or sell in Ward 10

The guideline value plays a crucial role in the registration process when buying or selling property in Ward 10. It serves as a basis for calculating stamp duty and registration fees, which are mandatory during property transactions.

When a property is registered, the guideline value is considered to ensure that the appropriate fees are collected. Buyers should be aware that the fees are assessed based on the higher of the guideline value or the sale price, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value of Arunthadhiyar Street?

The current guideline value of Arunthadhiyar Street is Rs 1,320 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 570 per sq.ft in 2007 to Rs 1,320 per sq.ft in 2024, reflecting an overall increase of 132% over the years.

What are the other streets in Ward 10?

Other streets in Ward 10 include Aryan Soap Colony, Arunachalam Colony, Arumugha Theviar Lane, Arumugham Layout, Ashokar Street, and Avarampalayam Road, each with varying guideline values.

Where can I calculate stamp duty and registration fees?

You can calculate stamp duty and registration fees using the stamp duty and registration fee calculator available on our site.

Which office handles the registration for Arunthadhiyar Street?

The Peelamedu Sub Registrar Office handles the registration for Arunthadhiyar Street, located at 6/1, Grd Road, Redfields, Coimbatore - 18.