Guideline Value for AYYASAMY NAGAR (GOLDWINS)

Ayyasamy Nagar (Goldwins) guideline value

The current guideline value of Ayyasamy Nagar (Goldwins) is Rs 1,065 per sq.ft, effective from 1 July 2024. This area is located in KALAPATTY_East village, under the Gandhipuram SRO, and is classified as Residential Class I Type - I.

How the guideline value of Ayyasamy Nagar (Goldwins) has changed

The guideline value for Ayyasamy Nagar (Goldwins) has seen significant changes over the years. In 2017, the guideline value was Rs 536 per sq.ft, which increased to Rs 1,000 per sq.ft in 2023. The latest revision in 2024 raised the value to Rs 1,065 per sq.ft, marking a 7% increase from the previous year.

From 2017 to 2023, the increase was 87%, and overall, from 2017 to 2024, the guideline value has risen by 99%. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in KALAPATTY_East

In KALAPATTY_East, there are 358 streets under the Gandhipuram SRO, with guideline values ranging from Rs 1,010 to Rs 3,920 per sq.ft. The median guideline value for the area is Rs 1,055 per sq.ft, placing Ayyasamy Nagar (Goldwins) above this median.

• Avinashi Road: Rs 3,920 per sq.ft (2024)
• Balaji Nagar (Kalappatti): Rs 1,065 per sq.ft (2024)
• Balaji Nagar Phase 1 (Kalappatti): Rs 1,065 per sq.ft (2024)
• Balaji Nagar Phase 2 (Kalappatti): Rs 1,065 per sq.ft (2024)
• Balakrishna Naidu Colony: Rs 1,055 per sq.ft (2024)
• Atharsh Garden (Kalappatti): Rs 1,040 per sq.ft (2024)

Stamp duty and registration fee for property in Ayyasamy Nagar (Goldwins)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,065 per sq.ft, the total guideline value amounts to Rs 10,65,000. The stamp duty at 7% would be Rs 74,550, and the registration fee at 2% would be Rs 21,300, making the total fees together Rs 95,850. 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 further calculations.

Which Sub Registrar Office covers Ayyasamy Nagar (Goldwins)?

The Ayyasamy Nagar (Goldwins) area is covered by the Gandhipuram Sub Registrar Office, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. You can find your SRO for more details.

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

When buying or selling property in KALAPATTY_East, the guideline value is crucial as it determines the stamp duty and registration fees applicable during the transaction. The guideline value is set by the government and reflects the minimum value at which properties can be registered.

It is important to note that the stamp duty is charged on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Ayyasamy Nagar (Goldwins)?

The current guideline value of Ayyasamy Nagar (Goldwins) is Rs 1,065 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 536 per sq.ft to Rs 1,065 per sq.ft in 2024, marking an overall increase of 99%.

What are the stamp duty and registration fees for property in Ayyasamy Nagar (Goldwins)?

For a 1,000 sq.ft plot, the total guideline value is Rs 10,65,000. The stamp duty at 7% is Rs 74,550, and the registration fee at 2% is Rs 21,300, totaling Rs 95,850.

Which Sub Registrar Office covers Ayyasamy Nagar (Goldwins)?

The Gandhipuram Sub Registrar Office covers Ayyasamy Nagar (Goldwins), located near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore.

What is the land classification of Ayyasamy Nagar (Goldwins)?

Ayyasamy Nagar (Goldwins) is classified as Residential Class I Type - I, indicating its designation for residential development.