Guideline Value for ATTAYAMPALAYAM

Attayampalayam guideline value

The current guideline value of Attayampalayam is Rs 110 per sq.ft, effective from 1 July 2024. This property is located in Iduvai village under the Tiruppur Joint I SRO, classified as Residential Class I Type - II.

How the guideline value of Attayampalayam has changed

The guideline value of Attayampalayam has undergone several revisions over the years. The 2012 revision set the value at Rs 75 per sq.ft, which decreased to Rs 67 per sq.ft in 2017. Following this, the value increased significantly to Rs 100 per sq.ft in 2023, and then rose to Rs 110 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 47%. The 2023 to 2024 change was a 10% increase, while the jump from 2017 to 2023 was a notable 49% increase. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Iduvai

Iduvai village has 47 streets under the Tiruppur Joint I SRO, with guideline values ranging from Rs 110 to Rs 500 per sq.ft. The median guideline value for these streets is Rs 110 per sq.ft, which is equal to the current value for Attayampalayam.

• Bharathipuram: Rs 110 per sq.ft (2024)
• Annamalai Garden: Rs 110 per sq.ft (2024)
• Angalaparameswarinagar: Rs 110 per sq.ft (2024)
• Amman Nagar: Rs 110 per sq.ft (2024)
• Chinnakalipalayam: Rs 110 per sq.ft (2024)
• Chinnamman Nagar: Rs 110 per sq.ft (2024)

Stamp duty and registration fee for property in Attayampalayam

For a 1,000 sq.ft plot at the current guideline value of Rs 110 per sq.ft, the total guideline value would be Rs 1,10,000. The stamp duty at 7% would be Rs 7,700, and the registration fee at 2% would be Rs 2,200, bringing the total fees to Rs 9,900. Duty is charged on the higher of the guideline value and the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Attayampalayam?

The Sub Registrar Office covering Attayampalayam is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, in the Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Iduvai. It determines the minimum value at which a property can be registered, ensuring that the government collects the appropriate stamp duty and registration fees based on this valuation.

When buying or selling property, the guideline value helps both parties understand the official valuation of the land. It is essential to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Attayampalayam?

The current guideline value of Attayampalayam is Rs 110 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 75 per sq.ft in 2012 to Rs 67 per sq.ft in 2017, then to Rs 100 per sq.ft in 2023, and finally to Rs 110 per sq.ft in 2024.

What is the stamp duty on property in Attayampalayam?

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

Where is the Sub Registrar Office for Attayampalayam located?

The Sub Registrar Office for Attayampalayam is located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, in the Coimbatore registration zone.

What are the other streets in Iduvai with the same guideline value?

Other streets in Iduvai with the same guideline value of Rs 110 per sq.ft include Bharathipuram, Annamalai Garden, Angalaparameswarinagar, Amman Nagar, Chinnakalipalayam, and Chinnamman Nagar.