Guideline Value for AYYASAMY KOVIL STREET

Ayyasamy Kovil Street guideline value

The current guideline value of Ayyasamy Kovil Street is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Periyanegamam village under the Negamam SRO, classified as Residential Class I Type - I.

How the guideline value of Ayyasamy Kovil Street has changed

The guideline value for Ayyasamy Kovil Street has undergone several revisions over the years. The earliest recorded value was Rs 45 per sq.ft in 2007, which increased significantly to Rs 150 per sq.ft in 2012, marking a rise of 233%. However, the value then decreased to Rs 100 per sq.ft in 2017, a drop of 33%. The value saw a substantial increase to Rs 200 per sq.ft in 2023, and it remained the same in the 2024 revision, indicating no change between these two years.

In summary, from 2007 to 2024, the overall increase in the guideline value for Ayyasamy Kovil Street is 344%. The 2023 revision maintained the value at Rs 200 per sq.ft, which is also the current figure as of 2024. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Periyanegamam

In Periyanegamam, there are 91 streets under the Negamam SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 300 per sq.ft, with a median value of Rs 200 per sq.ft. Ayyasamy Kovil Street's 2024 figure aligns with this median.

• Ayie Gounder Street: Rs 200 per sq.ft (2024)
• Bajanai Kovil Street: Rs 200 per sq.ft (2024)
• Avanaiya Chettiar Lane: Rs 200 per sq.ft (2024)
• Arumugam Pillai Street: Rs 200 per sq.ft (2024)
• Arumugam Nagar: Rs 200 per sq.ft (2024)
• Arumugam Chettiar Street: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Ayyasamy Kovil Street

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value is Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, making the total fees together Rs 18,000. 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 details.

Which Sub Registrar Office covers Ayyasamy Kovil Street?

The Sub Registrar Office that covers Ayyasamy Kovil Street is the Negamam Sub Registrar Office, located at No.36, Kovilpalayam Road, Kaliyappan Palayam, Near Police Station Negamam-642120, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is essential when registering property transactions in Periyanegamam. It serves as a benchmark for determining the stamp duty and registration fees applicable during the sale or purchase of properties.

When a property is sold, the guideline value ensures that the transaction is recorded accurately, reflecting the value of the property as determined by the state. This helps maintain transparency and standardization in property dealings within the region.

Frequently asked questions

What is the current guideline value of Ayyasamy Kovil Street?

The current guideline value of Ayyasamy Kovil Street is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 45 per sq.ft in 2007 to Rs 200 per sq.ft in 2024, showing an overall increase of 344% over the years.

Which Sub Registrar Office covers Ayyasamy Kovil Street?

The Negamam Sub Registrar Office covers Ayyasamy Kovil Street, located at No.36, Kovilpalayam Road, Kaliyappan Palayam, Near Police Station Negamam-642120, Coimbatore registration zone.

What are the stamp duty and registration fees for properties in Ayyasamy Kovil Street?

For a property valued at Rs 2,00,000, the stamp duty would be Rs 14,000 and the registration fee would be Rs 4,000, totaling Rs 18,000.

What is the median guideline value in Periyanegamam?

The median guideline value in Periyanegamam is Rs 200 per sq.ft, which is the same as the guideline value for Ayyasamy Kovil Street in 2024.