Guideline Value for AYYAMMAL AVENUE

Ayyammal Avenue guideline value

The current guideline value of Ayyammal Avenue is Rs 560 per sq.ft, effective from 1 July 2024. This street is located in Kallikanaickenpalayam village under the Thondamuthur SRO and is classified as Residential Special Type - I.

How the guideline value of Ayyammal Avenue has changed

In the 2012 revision, the guideline value was Rs 500 per sq.ft. This figure decreased to Rs 335 per sq.ft in 2017. Following this, the value increased significantly to Rs 500 per sq.ft in 2023, and further rose to Rs 560 per sq.ft in the 2024 revision. The register has no figures for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the guideline value increased by 49%. The overall change from 2012 to 2024 shows an increase of 12% in the guideline value.

Guideline values in Kallikanaickenpalayam

In Kallikanaickenpalayam, there are 51 streets under the Thondamuthur SRO that carry a 2024 guideline value ranging from Rs 225 to Rs 1,180 per sq.ft, with a median of Rs 250 per sq.ft. Ayyammal Avenue's 2024 guideline value is above this median.

• Aruchamy Devar Nagar: Rs 250 per sq.ft (2024)
• Arijana Colony: Rs 225 per sq.ft (2024)
• Ambal Nagar: Rs 250 per sq.ft (2024)
• Bose Garden: Rs 560 per sq.ft (2024)
• BOYER St: Rs 225 per sq.ft (2024)
• C P C Avanue: Rs 450 per sq.ft (2024)

Stamp duty and registration fee for property in Ayyammal Avenue

For a 1,000 sq.ft plot at the current rate of Rs 560 per sq.ft, the guideline value would be Rs 5,60,000. The stamp duty at 7% would amount to Rs 39,200, and the registration fee at 2% would be Rs 11,200, totaling Rs 50,400. 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 Ayyammal Avenue?

The Sub Registrar Office covering Ayyammal Avenue is the Thondamuthur Sub Registrar Office, located at 5/33, Chinnammal Complex, Mappillai Gounder Thottam, Narasipuram Main Road, Thondamuthur, Perur Taluk, Coimbatore- 641 108, Coimbatore registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor when registering property in Kallikanaickenpalayam. It determines the minimum value on which stamp duty and registration fees are calculated, ensuring that the transaction is documented accurately.

When buying or selling a property, the guideline value serves as a reference point for both parties. It is essential to be aware of the current guideline value to ensure compliance with local regulations during the registration process.

Frequently asked questions

What is the current guideline value of Ayyammal Avenue?

The current guideline value of Ayyammal Avenue is Rs 560 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2012 to Rs 335 per sq.ft in 2017, then to Rs 500 per sq.ft in 2023, and finally to Rs 560 per sq.ft in 2024.

What is the land classification of Ayyammal Avenue?

Ayyammal Avenue is classified as Residential Special Type - I.

Where can I find the Sub Registrar Office for Ayyammal Avenue?

The Sub Registrar Office for Ayyammal Avenue is located at Thondamuthur Sub Registrar Office, 5/33, Chinnammal Complex, Mappillai Gounder Thottam, Narasipuram Main Road, Thondamuthur, Perur Taluk, Coimbatore- 641 108.

How is stamp duty calculated for properties in Ayyammal Avenue?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at Rs 560 per sq.ft, the total guideline value would be Rs 5,60,000, leading to a stamp duty of Rs 39,200.