Guideline Value for AYYARPADI ROPEWAY FACTORY DIVISION

Ayyarpadi Ropeway Factory Division guideline value

The current guideline value of Ayyarpadi Ropeway Factory Division is Rs 300 per sq.ft, effective from 1 July 2024. This division is located in Anaimalai Hills village, under the Anaimalai SRO, and is classified as Residential Class II Type - II.

How the guideline value of Ayyarpadi Ropeway Factory Division has changed

The guideline value for Ayyarpadi Ropeway Factory Division has undergone several revisions over the years. In 2007, the value was Rs 10 per sq.ft, which increased significantly to Rs 100 per sq.ft in 2012. However, it then decreased to Rs 67 per sq.ft in 2017. Following this, the value saw a substantial increase to Rs 300 per sq.ft in both 2023 and 2024, reflecting a remarkable change of +348% from 2017 to 2023, and no change from 2023 to 2024.

It is important to note that there are no figures available for the years 2002 and 2003 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by +2900%, highlighting the significant changes in property valuation over the years.

Guideline values in Anaimalai Hills

In Anaimalai Hills, there are 121 streets under the Anaimalai SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 450 per sq.ft, with a median value of Rs 300 per sq.ft. Ayyarpadi Ropeway Factory Division's guideline value aligns with this median.

• Ayyarpadi Ropeway Station: Rs 300 per sq.ft (2024)
• Attakatti: Rs 300 per sq.ft (2024)
• Bharathidhasan Nagar: Rs 302 per sq.ft (2024)
• Anna Nagar: Rs 301 per sq.ft (2024)
• ANAIMUDI 1st DIVISION: Rs 300 per sq.ft (2024)
• AKKAMALAI 2nd DIVISION: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Ayyarpadi Ropeway Factory Division

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, bringing the total cost to Rs 27,000. Duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ayyarpadi Ropeway Factory Division?

The Ayyarpadi Ropeway Factory Division is covered by the Anaimalai Sub Registrar Office, located at Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration process of property transactions in Anaimalai Hills. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, buyers and sellers must be aware that the guideline value will influence the total costs involved. It is essential to consult the latest guideline value to ensure accurate calculations of the associated fees.

Frequently asked questions

What is the current guideline value for Ayyarpadi Ropeway Factory Division?

The current guideline value for Ayyarpadi Ropeway Factory Division is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen significant changes, from Rs 10 per sq.ft in 2007 to Rs 300 per sq.ft in 2024, marking an overall increase of +2900% from 2007 to 2024.

What are the stamp duty and registration fees for properties in this division?

For a property valued at Rs 3,00,000, the stamp duty would be Rs 21,000 and the registration fee would be Rs 6,000, totaling Rs 27,000.

Which office handles property registrations for Ayyarpadi Ropeway Factory Division?

The Anaimalai Sub Registrar Office handles property registrations for Ayyarpadi Ropeway Factory Division, located at Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104.

What is the significance of the guideline value in property transactions?

The guideline value is essential as it determines the stamp duty and registration fees applicable during property transactions in Anaimalai Hills, ensuring compliance with legal requirements.