Guideline Value for AYYAPA NAGAR

Ayyapa Nagar guideline value

The current guideline value of Ayyapa Nagar is Rs 1,010 per sq.ft. This area is located in Villankuruchi village and falls under the Ganapathy SRO. The land classification for this street is Residential Class I Type - I.

How the guideline value of Ayyapa Nagar has changed

In the 2017 revision, the guideline value was Rs 502 per sq.ft. This figure saw a significant increase to Rs 1,000 per sq.ft in the 2023 revision, marking a change of 99%. The most recent revision in 2024 set the guideline value at Rs 1,010 per sq.ft, reflecting a 1% increase from the previous year.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for Ayyapa Nagar. Overall, from 2017 to 2024, the guideline value has increased by 101%.

Guideline values in Villankuruchi

In Villankuruchi, there are 275 streets under the Ganapathy SRO, with guideline values ranging from Rs 1,001 to Rs 3,220 per sq.ft. The median guideline value for the village is Rs 1,008 per sq.ft, positioning Ayyapa Nagar's 2024 figure above this median.

• Ayyappa Avenue: Rs 1,006 per sq.ft (2024)
• Balaji Nagar: Rs 1,006 per sq.ft (2024)
• Askar Avenue: Rs 1,010 per sq.ft (2024)
• Ashokji Nagar: Rs 1,006 per sq.ft (2024)
• Bankers Colony Phase 2: Rs 1,010 per sq.ft (2024)
• BANKERS COLONY PHASE ii: Rs 1,010 per sq.ft (2024)

Stamp duty and registration fee for property in Ayyapa Nagar

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 10,10,000. The stamp duty at 7% would be Rs 70,700, and the registration fee at 2% would be Rs 20,200, totaling Rs 90,900. 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 Ayyapa Nagar?

The Sub Registrar Office covering Ayyapa Nagar is the Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore. 641006. You can find your SRO for further assistance.

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

The guideline value is a critical factor in the registration process for property transactions in Villankuruchi. It serves as a benchmark for calculating the stamp duty and registration fees, ensuring that transactions are documented at a standardized value.

When buying or selling a property, the guideline value helps in determining the legal value of the property, which is essential for taxation and compliance with local regulations. It is important for buyers and sellers to be aware of the current guideline value to ensure a smooth transaction process.

Frequently asked questions

What is the current guideline value of Ayyapa Nagar?

The current guideline value of Ayyapa Nagar is Rs 1,010 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed from 2017 to 2024?

From 2017 to 2024, the guideline value of Ayyapa Nagar has increased by 101%, rising from Rs 502 per sq.ft to Rs 1,010 per sq.ft.

What is the median guideline value in Villankuruchi?

The median guideline value in Villankuruchi is Rs 1,008 per sq.ft, with Ayyapa Nagar's 2024 figure being above this median.

What are the stamp duty and registration fees for Ayyapa Nagar?

For a 1,000 sq.ft plot at the current guideline value of Rs 10,10,000, the stamp duty would be Rs 70,700 and the registration fee would be Rs 20,200, totaling Rs 90,900.

Where is the Sub Registrar Office for Ayyapa Nagar located?

The Ganapathy Sub Registrar Office, which covers Ayyapa Nagar, is located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore. 641006.