Guideline Value

Corporate

Guideline Value for Athani Road Arijana Quarters

₹550/sq.ft.

The guideline value for Athani Road Arijana Quarters in Sathyamanagalam village (Sathyamangalam SRO, Coimbatore zone) is Rs 550 per sq.ft, effective 1 July 2024. It was Rs 500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Sathyamanagalam

Village

Sathyamangalam

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹550 /sq.ft.
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹100 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.75, Municipal Primary School, North Street,atthani Road, Sathyamangalam - 638401.
04295-299931
[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 Athani Road Arijana Quarters

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Athani Road Arijana Quarters guideline value

The current guideline value of Athani Road Arijana Quarters is Rs 550 per sq.ft, effective from 1 July 2024. This property is located in Sathyamanagalam village, under the Sathyamangalam SRO, and is classified as Residential Class I Type - III.

How the guideline value of Athani Road Arijana Quarters has changed

The guideline value for Athani Road Arijana Quarters has seen several revisions over the years. In 2007, the value was Rs 100 per sq.ft, which increased significantly to Rs 500 per sq.ft in 2012. However, it then decreased to Rs 335 per sq.ft in 2017. The following revision in 2023 raised the value to Rs 500 per sq.ft, and the most recent revision in 2024 set it at Rs 550 per sq.ft. Notably, the register has no figures for this street in 2002 and 2003.

From 2017 to 2023, the guideline value increased by 49%, while from 2012 to 2017, it decreased by 33%. The jump from 2007 to 2012 was a remarkable 400%. Overall, from 2007 to 2024, the guideline value has increased by 450%.

Guideline values in Sathyamanagalam

In Sathyamanagalam village, there are 33 streets under the Sathyamangalam SRO that have a 2024 guideline value ranging from Rs 330 to Rs 2,200 per sq.ft, with a median value of Rs 660 per sq.ft. The guideline value for Athani Road Arijana Quarters is below this median.

Stamp duty and registration fee for property in Athani Road Arijana Quarters

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value would be Rs 5,50,000. The stamp duty at 7% would amount to Rs 38,500, and the registration fee at 2% would be Rs 11,000, bringing the total cost to Rs 49,500. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Athani Road Arijana Quarters?

The Sub Registrar Office that covers Athani Road Arijana Quarters is the Sathyamangalam Sub Registrar Office, located at No.75, Municipal Primary School, North Street, Athani Road, Sathyamangalam - 638401, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Sathyamanagalam. It is used to determine the stamp duty and registration fees applicable when a property is bought or sold. Buyers and sellers should be aware that the guideline value may differ from the market price, affecting the overall transaction costs.

When registering a property, the guideline value serves as a baseline for calculating the applicable fees. It is essential for both parties in a transaction to understand the guideline value to ensure compliance with local regulations and to avoid any unexpected costs at the time of registration.

Frequently asked questions

What is the current guideline value of Athani Road Arijana Quarters?

The current guideline value of Athani Road Arijana Quarters is Rs 550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 100 per sq.ft in 2007 to Rs 550 per sq.ft in 2024, reflecting an overall increase of 450% over the years.

What are the stamp duty rates for properties in Athani Road Arijana Quarters?

The stamp duty for properties in Athani Road Arijana Quarters is charged at 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sathyamangalam Sub Registrar Office?

The Sathyamangalam Sub Registrar Office is located at No.75, Municipal Primary School, North Street, Athani Road, Sathyamangalam - 638401, Coimbatore registration zone.

What other streets have guideline values in Sathyamanagalam?

Other streets in Sathyamanagalam have varying guideline values, with rates ranging from Rs 330 to Rs 2,200 per sq.ft as of 2024. For example, Athani East-west Mani Road has a value of Rs 825 per sq.ft, while Bazar Street(ManiKoondu-Market) has the highest at Rs 2,200 per sq.ft.