Guideline Value for AYYAN ANGA MUTHU NAGER

Ayyan Anga Muthu Nager guideline value

The current guideline value of Ayyan Anga Muthu Nager is Rs 780 per sq.ft, effective from 1 July 2024. This area is located in Vadugapalayam village and falls under the Palladam SRO. The land classification for this street is Commercial Class I Type - I.

How the guideline value of Ayyan Anga Muthu Nager has changed

The guideline value for Ayyan Anga Muthu Nager has undergone several revisions over the years. The earliest recorded figure is from 2017, which was Rs 469 per sq.ft. In 2023, the guideline value increased to Rs 700 per sq.ft, marking a significant rise of 49% from the 2017 figure. The most recent revision in 2024 saw the guideline value rise to Rs 780 per sq.ft, an increase of 11% from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 66%. There are no recorded figures for the years 2002, 2003, 2007, and 2012 for Ayyan Anga Muthu Nager in the register.

Guideline values in Vadugapalayam

In Vadugapalayam, there are 27 streets under the Palladam SRO with a 2024 guideline value ranging from Rs 301 to Rs 840 per sq.ft. The median value for these streets is Rs 500 per sq.ft, placing Ayyan Anga Muthu Nager's 2024 figure above this median.

• Bajanai Kovil Street: Rs 380 per sq.ft (2024)
• Arijana Colony: Rs 301 per sq.ft (2024)
• Bharathiyar Street: Rs 500 per sq.ft (2024)
• Anadha Poyan Street: Rs 500 per sq.ft (2024)
• Chinnaiya Garden: Rs 840 per sq.ft (2024)
• Chinniyagounder Street: Rs 500 per sq.ft (2024)

Stamp duty and registration fee for property in Ayyan Anga Muthu Nager

For a 1,000 sq.ft plot at the current guideline value of Rs 780 per sq.ft, the total guideline value would be Rs 7,80,000. The stamp duty at 7% would amount to Rs 54,600, and the registration fee at 2% would be Rs 15,600, making the total fees Rs 70,200. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Ayyan Anga Muthu Nager?

The Sub Registrar Office covering Ayyan Anga Muthu Nager is the Palladam Sub Registrar Office, located at No.16, Mangalam Road, Palladam - 641664, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the property registration process in Vadugapalayam. It serves as the basis for calculating the stamp duty and registration fees when buying or selling property in the area.

When a property is registered, the guideline value is compared with the sale price, and the higher amount is used to determine the applicable fees. This ensures that the transaction is recorded accurately and complies with local regulations.

Frequently asked questions

What is the current guideline value of Ayyan Anga Muthu Nager?

The current guideline value of Ayyan Anga Muthu Nager is Rs 780 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 469 per sq.ft in 2017 to Rs 700 in 2023 and is now Rs 780 in 2024. This represents a total increase of 66% from 2017 to 2024.

What are the stamp duty and registration fees for Ayyan Anga Muthu Nager?

For a 1,000 sq.ft plot, the total guideline value is Rs 7,80,000. The stamp duty is Rs 54,600, and the registration fee is Rs 15,600, totaling Rs 70,200.

Which office handles property registrations in Ayyan Anga Muthu Nager?

The Palladam Sub Registrar Office handles property registrations for Ayyan Anga Muthu Nager, located at No.16, Mangalam Road, Palladam - 641664, Coimbatore registration zone.

How is the guideline value used in property transactions?

The guideline value is used to calculate stamp duty and registration fees during property transactions. It is compared against the sale price, and the higher amount is used to determine the applicable fees.