Guideline Value for AYYARPADI ROPEWAY STATION

Ayyarpadi Ropeway Station guideline value

The current guideline value for Ayyarpadi Ropeway Station is Rs 300 per sq.ft, effective from 1 July 2024. This property 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 Station has changed

The guideline value for Ayyarpadi Ropeway Station has undergone several revisions over the years. In the 2007 revision, the value was Rs 10 per sq.ft, which increased significantly to Rs 100 per sq.ft in 2012. However, from 2012 to 2017, the value decreased to Rs 67 per sq.ft. The 2023 revision maintained the value at Rs 300 per sq.ft, and this remains unchanged in the 2024 revision.

Overall, the guideline value has seen a substantial increase from Rs 10 per sq.ft in 2007 to Rs 300 per sq.ft in 2024, marking an increase of 2900%. The changes between revisions include a 900% increase from 2007 to 2012, a 33% decrease from 2012 to 2017, and a remarkable 348% increase from 2017 to 2023.

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. The median value is Rs 300 per sq.ft, which is equal to the 2024 figure for Ayyarpadi Ropeway Station.

• Ayyarpadi Ropeway Factory Division: 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 Station

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value would be Rs 3,00,000. The stamp duty at 7% would amount to Rs 21,000, and the registration fee at 2% would be Rs 6,000, bringing the total fees to Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Ayyarpadi Ropeway Station?

The Ayyarpadi Ropeway Station is covered by the Anaimalai Sub Registrar Office, located at Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104. 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 is a crucial factor in property transactions in Anaimalai Hills. It is used to determine the stamp duty and registration fees that buyers must pay when purchasing property. The value is set by the government and is updated periodically to reflect changes in the market.

When buying or selling property, it is essential to be aware of the current guideline value, as this will impact the overall cost of the transaction. Buyers should ensure that they understand how the guideline value affects their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value for Ayyarpadi Ropeway Station?

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

How much has the guideline value changed over the years?

The guideline value has increased from Rs 10 per sq.ft in 2007 to Rs 300 per sq.ft in 2024, reflecting a total increase of 2900% over this period.

What is the land classification for Ayyarpadi Ropeway Station?

Ayyarpadi Ropeway Station is classified as Residential Class II Type - II.

Where can I find the Anaimalai Sub Registrar Office?

The Anaimalai Sub Registrar Office is located at Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104.

How is the stamp duty calculated for properties in Ayyarpadi Ropeway Station?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 3,00,000, the stamp duty would be Rs 21,000 at a rate of 7%.