Guideline Value for ariyagoundanur - harijana colony

Ariyagoundanur - Harijana Colony guideline value

The current guideline value of Ariyagoundanur - Harijana Colony is Rs 101 per sq.ft, effective from 1 July 2024. This area is part of Ariyagoundanur village and falls under the Ammapettai_Erode SRO, classified as Residential Class I Type - II.

How the guideline value of Ariyagoundanur - Harijana Colony has changed

Since 2003, the guideline value for Ariyagoundanur - Harijana Colony has seen significant changes. In 2003, the value started at Rs 18 per sq.ft. It increased to Rs 31 per sq.ft in 2007, then to Rs 100 per sq.ft in 2012. The value saw a decrease to Rs 67 per sq.ft in 2017, followed by a substantial rise to Rs 200 per sq.ft in 2023. The most recent revision in 2024 has brought the guideline value down to Rs 101 per sq.ft.

Notably, there is no figure for this street in the 2002 revision. The changes between revisions show a decrease of 50% from 2023 to 2024, an increase of 199% from 2017 to 2023, a decrease of 33% from 2012 to 2017, an increase of 223% from 2007 to 2012, and an increase of 72% from 2003 to 2007. Overall, the guideline value has increased by 461% from 2003 to 2024.

Guideline values in Ariyagoundanur

In Ariyagoundanur, three streets under the Ammapettai_Erode SRO have a 2024 guideline value of Rs 101 per sq.ft, with the median also at Rs 101 per sq.ft. The guideline value for Ariyagoundanur - Harijana Colony matches this median.

• Ariyagoundanur Kattukkottai: Rs 101 per sq.ft (2024)
• Komboor: Rs 101 per sq.ft (2024)

Stamp duty and registration fee for property in Ariyagoundanur - Harijana Colony

For a 1,000 sq.ft plot at the current rate of Rs 101 per sq.ft, 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. It is important to note that 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 Ariyagoundanur - Harijana Colony?

The Sub Registrar Office that covers Ariyagoundanur - Harijana Colony is the Ammapettai_Erode Sub Registrar Office, located at Veterinayhospital Street, Ammapettai, Anthiyur Tk, Erode Dt-638311, Coimbatore registration zone. You can find your SRO for more information.

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

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

When a property is sold, the guideline value helps ensure that the taxes collected reflect the official valuation of the property. Buyers and sellers should be aware of the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Ariyagoundanur - Harijana Colony?

The current guideline value of Ariyagoundanur - Harijana Colony is Rs 101 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 18 per sq.ft in 2003 to Rs 101 per sq.ft in 2024, with various increases and decreases in between.

What is the stamp duty rate for property in Ariyagoundanur?

The stamp duty rate for property in Ariyagoundanur is 7% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office located for Ariyagoundanur?

The Ammapettai_Erode Sub Registrar Office is located at Veterinayhospital Street, Ammapettai, Anthiyur Tk, Erode Dt-638311, Coimbatore registration zone.

How does the guideline value affect property transactions?

The guideline value is used to determine the stamp duty and registration fees during property transactions. It ensures that the taxes collected are based on the official valuation of the property.