Guideline Value for AYYASAMYNAGAR COLONY FOURTH STREET

Ayyasamynagar Colony Fourth Street guideline value

The current guideline value for Ayyasamynagar Colony Fourth Street is Rs 448 per sq.ft, effective from 1 July 2024. This street is located in Kangeyam village, under the Kangeyam SRO, and is classified as Residential Class II Type - I.

How the guideline value of Ayyasamynagar Colony Fourth Street has changed

The guideline value for Ayyasamynagar Colony Fourth Street has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 448 per sq.ft, which is an increase of 12% from Rs 400 per sq.ft in 2023. Prior to that, the value was Rs 268 per sq.ft in 2017, reflecting a significant increase of 49% over the six-year period. The 2012 revision also recorded a guideline value of Rs 400 per sq.ft, which was a decrease of 33% from the 2017 figure.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 12%.

Guideline values in Kangeyam

In Kangeyam village, there are 202 streets under the Kangeyam SRO that carry a 2024 guideline value ranging from Rs 331 to Rs 1,120 per sq.ft. The median guideline value is Rs 448 per sq.ft, which is the same as the guideline value for Ayyasamynagar Colony Fourth Street.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 448 per sq.ft, the total guideline value amounts to Rs 4,48,000. The stamp duty at 7% would be Rs 31,360, and the registration fee at 2% would be Rs 8,960, bringing the total cost for these fees to Rs 40,320. It is important to note that duty is charged on the higher of the guideline value or the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ayyasamynagar Colony Fourth Street?

The Ayyasamynagar Colony Fourth Street falls under the jurisdiction of the Kangeyam Sub Registrar Office, located at No.8, Taluk Office Campus, Kangeyam - 638701, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value is a critical factor when it comes to the registration of property transactions in Kangeyam. It serves as the basis for calculating stamp duty and registration fees, ensuring that the transaction is recorded accurately and legally.

When buying or selling property, the guideline value helps determine the minimum value at which a property can be registered. Buyers and sellers must be aware of this value to ensure compliance with local regulations during the transaction process.

Frequently asked questions

What is the current guideline value for Ayyasamynagar Colony Fourth Street?

The current guideline value for Ayyasamynagar Colony Fourth Street is Rs 448 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 400 per sq.ft in 2023 to Rs 448 per sq.ft in 2024, which is a 12% increase. It was Rs 268 per sq.ft in 2017 and Rs 400 per sq.ft in 2012.

What is the land classification for Ayyasamynagar Colony Fourth Street?

Ayyasamynagar Colony Fourth Street is classified as Residential Class II Type - I.

Where can I find more information about stamp duty and registration fees?

You can find more information about stamp duty and registration fees using the stamp duty and registration fee calculator.

Which office handles the registration for Ayyasamynagar Colony Fourth Street?

The registration for Ayyasamynagar Colony Fourth Street is handled by the Kangeyam Sub Registrar Office, located at No.8, Taluk Office Campus, Kangeyam - 638701, Coimbatore registration zone.