Guideline Value for Arunthathiyar Housing unit

Arunthathiyar Housing unit guideline value

The current guideline value of the Arunthathiyar Housing unit is Rs 140 per sq.ft, effective from 1 July 2024. This unit is located in Kallapalayam village under the Singanallur SRO, classified as Residential Class III Type - I.

How the guideline value of Arunthathiyar Housing unit has changed

The guideline value for the Arunthathiyar Housing unit has seen several revisions over the years. The earliest available revision is from 2012, where the guideline value was Rs 125 per sq.ft. This was followed by a decrease to Rs 84 per sq.ft in 2017. The subsequent revision in 2023 increased the value to Rs 126 per sq.ft, and the latest revision in 2024 has set the guideline value at Rs 140 per sq.ft, marking an increase of 11% from the previous year.

Between the revisions, the guideline value has changed significantly. From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value increased by 50%. Overall, from 2012 to 2024, the guideline value has increased by 12%. It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for this street.

Guideline values in Kallapalayam

Kallapalayam village has a total of 81 streets under the Singanallur SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 500 per sq.ft, with a median value of Rs 140 per sq.ft. The guideline value for the Arunthathiyar Housing unit is equal to this median.

• Arijana Theru: Rs 140 per sq.ft (2024)
• Arijana Colony: Rs 140 per sq.ft (2024)
• Anna street: Rs 220 per sq.ft (2024)
• Bagathsingh street: Rs 220 per sq.ft (2024)
• Bala Gangadhar Thilagar street: Rs 220 per sq.ft (2024)
• Anbu Nagar: Rs 220 per sq.ft (2024)

Stamp duty and registration fee for property in Arunthathiyar Housing unit

For a 1,000 sq.ft plot at the current guideline value of Rs 140 per sq.ft, the total guideline value amounts to Rs 1,40,000. The stamp duty is calculated at 7%, which totals Rs 9,800, while the registration fee is 2%, amounting to Rs 2,800. Together, these fees sum up to Rs 12,600. It is essential 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 Arunthathiyar Housing unit?

The Arunthathiyar Housing unit falls under the jurisdiction of the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor in the registration process when buying or selling property in Kallapalayam. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction.

Frequently asked questions

What is the current guideline value for Arunthathiyar Housing unit?

The current guideline value for the Arunthathiyar Housing unit is Rs 140 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 125 per sq.ft in 2012 to Rs 84 per sq.ft in 2017, then increased to Rs 126 per sq.ft in 2023, and finally to Rs 140 per sq.ft in 2024.

What is the land classification for Arunthathiyar Housing unit?

The land classification for the Arunthathiyar Housing unit is Residential Class III Type - I.

Where can I find the Sub Registrar Office for Arunthathiyar Housing unit?

The Singanallur Sub Registrar Office covers the Arunthathiyar Housing unit, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.

How is the stamp duty calculated for properties in Kallapalayam?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value, the total fees can amount to Rs 12,600.