Guideline Value for ariyagoundanur kattukkottai

Ariyagoundanur Kattukkottai guideline value

The current guideline value for Ariyagoundanur Kattukkottai is Rs 101 per sq.ft, effective from the 2024 revision. This village falls under the Ammapettai_Erode SRO and is classified as Residential Class I Type - II.

How the guideline value of Ariyagoundanur Kattukkottai has changed

Over the years, the guideline value for Ariyagoundanur Kattukkottai has seen several revisions. The 2003 revision set the guideline value at Rs 18 per sq.ft, which increased to Rs 31 per sq.ft in 2007. The value then jumped significantly to Rs 100 per sq.ft in 2012, followed by a rise to Rs 67 per sq.ft in 2017. The 2023 revision marked a peak at Rs 200 per sq.ft, but the latest revision in 2024 has decreased the value to Rs 101 per sq.ft. It is important to note that the register has no figure for this street for the year 2002.

The changes between revisions have varied significantly. From 2003 to 2007, there was a 72% increase, followed by a remarkable 223% increase from 2007 to 2012. However, the value decreased by 33% from 2012 to 2017. The 2017 to 2023 period saw a substantial increase of 199%, but the most recent change from 2023 to 2024 reflects a decrease of 50%. Overall, from 2003 to 2024, the guideline value has increased by 461%.

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 this street's figure aligning with the median of Rs 101 per sq.ft.

• Ariyagoundanur - Harijana Colony: Rs 101 per sq.ft (2024)
• Komboor: Rs 101 per sq.ft (2024)

Stamp duty and registration fee for property in Ariyagoundanur Kattukkottai

For a 1,000 sq.ft plot at the current guideline value of Rs 101 per sq.ft, the total 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 the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Ariyagoundanur Kattukkottai?

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

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

The guideline value plays a crucial role during the registration process when buying or selling property in Ariyagoundanur Kattukkottai. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid at the time of registration.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to calculate the stamp duty. This ensures that all transactions are fairly assessed based on the established guideline values.

Frequently asked questions

What is the current guideline value for Ariyagoundanur Kattukkottai?

The current guideline value for Ariyagoundanur Kattukkottai 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 over the years, with the most recent revision in 2024 showing a decrease to Rs 101 per sq.ft from Rs 200 per sq.ft in 2023.

Which Sub Registrar Office covers Ariyagoundanur?

The Ammapettai_Erode Sub Registrar Office covers Ariyagoundanur Kattukkottai, located at Veterinary Hospital Street, Ammapettai, Anthiyur Tk, Erode Dt-638311, Coimbatore registration zone.

What are the stamp duty and registration fees for property in Ariyagoundanur?

The stamp duty is calculated at 7% of the guideline value, and the registration fee is 2%. For example, for a 1,000 sq.ft plot, the total cost would be Rs 9,090.

What is the land classification for Ariyagoundanur Kattukkottai?

Ariyagoundanur Kattukkottai is classified as Residential Class I Type - II, which indicates its intended use for residential purposes.