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Guideline Value

Corporate

Guideline Value for AYYAN NAGAR 5TH STREET

₹1100/sq.ft.

The guideline value for Ayyan Nagar 5th 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 ₹285 /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 5th Street

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Ayyan Nagar 5th Street guideline value

The current guideline value of Ayyan Nagar 5th 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 5th Street has changed

The guideline value for Ayyan Nagar 5th Street has seen several revisions over the years. In 2007, the value was Rs 285 per sq.ft, which increased significantly to Rs 1,000 per sq.ft in 2012, marking a rise of 251%. However, it then decreased to Rs 670 per sq.ft in 2017, a drop of 33%. The value rose again to Rs 1,000 per sq.ft in 2023, and most recently, it increased to Rs 1,100 per sq.ft in 2024, reflecting a 10% increase.

Between 2017 and 2023, there was a notable increase of 49%. Overall, from 2007 to 2024, the guideline value has increased by 286%. The register has no figures for the years 2002 and 2003 for this street.

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 a median value of Rs 1,000 per sq.ft. Ayyan Nagar 5th Street's 2024 figure is above this median.

Stamp duty and registration fee for property in Ayyan Nagar 5th 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 fees Rs 99,000. 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 detailed calculations.

Which Sub Registrar Office covers Ayyan Nagar 5th Street?

The Ayyan Nagar 5th 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 a crucial factor during the registration of property transactions in Ward - L. It determines the minimum value on which stamp duty and registration fees are calculated, ensuring that the government receives the appropriate revenue from property transactions.

When buying or selling property, the guideline value helps both buyers and sellers understand the official valuation of the property. It is essential to refer to the latest guideline values to ensure compliance with the registration requirements.

Frequently asked questions

What is the current guideline value of Ayyan Nagar 5th Street?

The current guideline value of Ayyan Nagar 5th Street is Rs 1,100 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed significantly, from Rs 285 per sq.ft in 2007 to Rs 1,100 per sq.ft in 2024, representing an overall increase of 286% over the years.

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

Other streets in Ward - L, such as Ayyan Nagar 4th, 6th, 3rd, 7th, 2nd, and 8th Streets, also have a guideline value of Rs 1,100 per sq.ft as of 2024.

Where can I find the Sub Registrar Office for Ayyan Nagar 5th Street?

The Sub Registrar Office covering Ayyan Nagar 5th Street is the Tiruppur Joint II SRO, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

How is the stamp duty calculated for properties in Ayyan Nagar 5th Street?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 11,00,000, the stamp duty would be Rs 77,000 at a rate of 7%.