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Guideline Value

Corporate

Guideline Value for AYYAN NAGAR MAIN ROAD

₹703/sq.ft.

The guideline value for Ayyan Nagar Main Road in Ward - L village (Tiruppur Joint Ii SRO, Coimbatore zone) is Rs 703 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 0% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward - L

Village

Tiruppur Joint II

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹703 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹419 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹625 /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 Main Road

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Ayyan Nagar Main Road guideline value

The current guideline value of Ayyan Nagar Main Road is Rs 703 per sq.ft, effective from 1 July 2024. This street is located in Ward - L village under the Tiruppur Joint II SRO, classified as Residential Class I Type - II.

How the guideline value of Ayyan Nagar Main Road has changed

The guideline value of Ayyan Nagar Main Road has seen several revisions over the years. The earliest recorded figure in the register is from 2007, when it was Rs 315 per sq.ft. This figure increased to Rs 625 per sq.ft in 2012, marking a significant rise of 98%. However, by 2017, the value dropped to Rs 419 per sq.ft, reflecting a decrease of 33%. In 2023, the guideline value rose to Rs 700 per sq.ft, and it remained stable at Rs 703 per sq.ft in the 2024 revision.

From 2017 to 2023, the increase was 67%. The overall change from 2007 to 2024 shows a rise of 123% in the guideline value. It is important to note that there are no figures available for the years 2002 and 2003 for this street in the register.

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. The median guideline value in this area is Rs 1,000 per sq.ft, placing Ayyan Nagar Main Road's 2024 figure below that median.

Stamp duty and registration fee for property in Ayyan Nagar Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 703 per sq.ft, the total guideline value would be Rs 7,03,000. The stamp duty at 7% would amount to Rs 49,210, and the registration fee at 2% would be Rs 14,060, bringing the total cost together to Rs 63,270. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Ayyan Nagar Main Road?

The Ayyan Nagar Main Road 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 plays a crucial role in property transactions in Ward - L. It is used to determine the stamp duty and registration fees when buying or selling property. The guideline value ensures that the transaction is recorded at a fair value, which is essential for legal and tax purposes.

When a property is registered, the guideline value serves as a baseline for calculating the associated costs. Buyers and sellers must be aware of this value to understand their financial obligations during the transaction process.

Frequently asked questions

What is the current guideline value of Ayyan Nagar Main Road?

The current guideline value of Ayyan Nagar Main Road is Rs 703 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 703 per sq.ft in 2024, reflecting an overall increase of 123% over the years.

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

Other streets in Ward - L include Ayyan Nagarharijan Colony at Rs 701 per sq.ft, Ayyan Nagar Extension 2nd Street at Rs 701 per sq.ft, and Ayyan Nagar 8th Street at Rs 1,100 per sq.ft, among others.

How is stamp duty calculated for properties in Ayyan Nagar Main Road?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 703 per sq.ft incurs a stamp duty of Rs 49,210.

Where can I find the Sub Registrar Office for Ayyan Nagar Main Road?

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