Guideline Value for Aruvi Garden 343/A1

Aruvi Garden 343/A1 guideline value

The current guideline value of Aruvi Garden 343/A1 is Rs 101 per sq.ft, effective from 1 July 2024. This property is located in Thurampadi village and falls under the Moolanur SRO. The land classification for this area is Residential Class V Type - V.

How the guideline value of Aruvi Garden 343/A1 has changed

In the 2012 revision, the guideline value was set at Rs 35 per sq.ft. This figure remained until the 2024 revision, which saw a significant increase to Rs 101 per sq.ft, marking a change of +189%. The register has no figures for the years 2023, 2017, 2007, 2003, and 2002 for this street.

From 2012 to 2024, the guideline value experienced a substantial rise, reflecting changes in the property landscape. The previous revisions did not provide any figures for this street, indicating that the most recent revision is the first significant update in over a decade.

Guideline values in Thurampadi

Currently, there are no specific village figures available for Thurampadi. Aruvi Garden 343/A1 is the only street mentioned under the Moolanur SRO.

Stamp duty and registration fee for property in Aruvi Garden 343/A1

For a 1,000 sq.ft plot at the current rate, the guideline value would be Rs 1,01,000. The stamp duty at 7% would amount to Rs 7,070, and the registration fee at 2% would be Rs 2,020, bringing the total to Rs 9,090. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Aruvi Garden 343/A1?

The Moolanur Sub Registrar Office covers Aruvi Garden 343/A1. The office is located at No.2, Karur-dharapuram Road, Moolanur - 638106, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Thurampadi. It is used to determine the stamp duty and registration fees that must be paid when registering a property sale. Buyers should be aware that the duty is charged based on either the guideline value or the sale price, whichever is higher.

When selling a property, the guideline value ensures that the transaction is recorded at a fair value, aligning with government regulations. This helps maintain transparency and accountability in real estate transactions within the area.

Frequently asked questions

What is the current guideline value of Aruvi Garden 343/A1?

The current guideline value of Aruvi Garden 343/A1 is Rs 101 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value increased from Rs 35 per sq.ft in 2012 to Rs 101 per sq.ft in 2024, marking a change of +189%. There are no figures for the years 2023, 2017, 2007, 2003, and 2002 for this street.

What is the registration office for Aruvi Garden 343/A1?

The registration office for Aruvi Garden 343/A1 is the Moolanur Sub Registrar Office, located at No.2, Karur-dharapuram Road, Moolanur - 638106, Coimbatore registration zone.

How are stamp duty and registration fees calculated?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. The registration fee is charged at 2% of the guideline value or sale price.

Is there any other information available about guideline values in Thurampadi?

Currently, there are no specific village figures available for Thurampadi, and Aruvi Garden 343/A1 is the only street mentioned under the Moolanur SRO.