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Guideline Value

Corporate

Guideline Value for AYYAN NAGAR 2ND STREET

₹1100/sq.ft.

The guideline value for Ayyan Nagar 2nd Street in Ward - L village (Tiruppur Joint Ii SRO, Coimbatore zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward - L

Village

Tiruppur Joint II

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹315 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960035
[email protected]

DRO (District Registrar Office)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960044
[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Ayyan Nagar 2nd Street

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Ayyan Nagar 2nd Street guideline value

The current guideline value of Ayyan Nagar 2nd Street is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Ward - L village under the Tiruppur Joint II SRO and is classified as Commercial Class I Type - I.

How the guideline value of Ayyan Nagar 2nd Street has changed

The guideline value for Ayyan Nagar 2nd Street has seen several revisions over the years. In 2007, the value was Rs 315 per sq.ft, which increased to Rs 1,000 per sq.ft in 2012, marking a significant rise of 217%. However, from 2012 to 2017, the value decreased by 33% to Rs 670 per sq.ft. The value then increased by 49% to Rs 1,000 per sq.ft in 2023, and as of 2024, it has risen further to Rs 1,100 per sq.ft, reflecting a 10% increase from the previous year.

It is important to note that there are no figures available for the revisions in 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 249%.

Guideline values in Ward - L

In Ward - L, there are 69 streets under the Tiruppur Joint II SRO that carry a 2024 guideline value, ranging from Rs 701 to Rs 2,750 per sq.ft, with the median value being Rs 1,000 per sq.ft. Ayyan Nagar 2nd Street's 2024 figure is above this median.

Stamp duty and registration fee for property in Ayyan Nagar 2nd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, making the total cost for these charges Rs 99,000. It is important to note that the 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 Nagar 2nd Street?

The Ayyan Nagar 2nd Street falls under the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward - L

The guideline value is used as a reference for determining the stamp duty and registration fees when buying or selling property in Ward - L. It serves as a benchmark for the minimum value at which a property can be registered.

When a property is sold, the guideline value helps ensure that the transaction is recorded accurately for taxation purposes. Buyers and sellers should be aware of the guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Ayyan Nagar 2nd Street?

The current guideline value of Ayyan Nagar 2nd Street is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 315 per sq.ft in 2007 to Rs 1,100 per sq.ft in 2024, reflecting a significant overall increase of 249% over the years.

What are the other streets in Ward - L with the same guideline value?

Other streets in Ward - L with the same guideline value of Rs 1,100 per sq.ft include Ayyan Nagar 1st Street, Ayyan Nagar 3rd Street, Ayyan Nagar, Ayyan Nagar 4th Street, Ayyan Nagar 5th Street, and Ayyan Nagar 6th Street.

What is the stamp duty rate for property in Ayyan Nagar 2nd Street?

The stamp duty rate for property in Ayyan Nagar 2nd Street is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Ayyan Nagar 2nd Street?

The Sub Registrar Office covering Ayyan Nagar 2nd Street is the Tiruppur Joint II SRO, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.