Guideline Value for AYYASAMY NAGAR COLONY FIRST STREET

Ayyasamy Nagar Colony First Street guideline value

The current guideline value of Ayyasamy Nagar Colony First Street is Rs 448 per sq.ft. This street is located in Kangeyam village, under the jurisdiction of the Kangeyam SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Ayyasamy Nagar Colony First Street has changed

The guideline value for Ayyasamy Nagar Colony First Street has seen several revisions over the years. The oldest available figure is from 2012, which was Rs 400 per sq.ft. This was followed by a decrease to Rs 268 per sq.ft in 2017. The 2023 revision saw an increase to Rs 400 per sq.ft, and the most recent revision in 2024 has set the value at Rs 448 per sq.ft.

From 2017 to 2023, the guideline value increased by 49%. The change from 2023 to 2024 represents a 12% increase. Overall, from 2012 to 2024, the guideline value has increased by 12% as well. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Kangeyam

In Kangeyam, there are 202 streets under the Kangeyam SRO, with guideline values for 2024 ranging from Rs 331 to Rs 1,120 per sq.ft. The median value for these streets is Rs 448 per sq.ft, which is equal to the guideline value of Ayyasamy Nagar Colony First Street.

• Ayyasamynagar Colony Fifth Street: Rs 448 per sq.ft (2024)
• Ayyasamynagar Colony Fourth Street: Rs 448 per sq.ft (2024)
• Ayyasamy Nagar Colony Main Road: Rs 616 per sq.ft (2024)
• Ayyasamy Nagar Colony Second Street: Rs 448 per sq.ft (2024)
• Ayyasamynagar Colony Sixth Street: Rs 339 per sq.ft (2024)
• Ayyasamy Nagar Colony Third Street: Rs 448 per sq.ft (2024)

Stamp duty and registration fee for property in Ayyasamy Nagar Colony First Street

For a 1,000 sq.ft plot at the current guideline value of Rs 448 per sq.ft, the total guideline value would be Rs 4,48,000. The stamp duty at 7% would amount to Rs 31,360, and the registration fee at 2% would be Rs 8,960, bringing the total to Rs 40,320. 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 Ayyasamy Nagar Colony First Street?

The Ayyasamy Nagar Colony First Street is covered by the Kangeyam Sub Registrar Office, located at No.8, Taluk Office Campus, Kangeyam - 638701, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor when registering property transactions in Kangeyam. It serves as a basis for calculating stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property transfers.

When buying or selling property, the guideline value is considered to determine the minimum value at which the property can be registered. This helps maintain transparency in property transactions and prevents undervaluation.

Frequently asked questions

What is the current guideline value of Ayyasamy Nagar Colony First Street?

The current guideline value of Ayyasamy Nagar Colony First Street is Rs 448 per sq.ft as per the 2024 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 400 per sq.ft in 2012 to Rs 268 per sq.ft in 2017, then back to Rs 400 per sq.ft in 2023, and finally to Rs 448 per sq.ft in 2024.

What is the land classification for Ayyasamy Nagar Colony First Street?

The land classification for Ayyasamy Nagar Colony First Street is Residential Class II Type - I.

What is the stamp duty rate for property in Ayyasamy Nagar Colony First Street?

The stamp duty rate for property transactions in Ayyasamy Nagar Colony First Street is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Ayyasamy Nagar Colony First Street?

The Sub Registrar Office covering Ayyasamy Nagar Colony First Street is located at No.8, Taluk Office Campus, Kangeyam - 638701, Coimbatore registration zone.