Guideline Value for AYYAVUMUTHALIAR SANDHU

Ayyavumuthaliar Sandhu guideline value

The current guideline value of Ayyavumuthaliar Sandhu is Rs 832 per sq.ft, effective from 1 July 2024. This street is located in Kangeyam village, under the Kangeyam SRO, and is classified as Commercial Class I Type - II.

How the guideline value of Ayyavumuthaliar Sandhu has changed

The guideline value for Ayyavumuthaliar Sandhu has undergone several revisions over the years. The 2012 revision set the value at Rs 750 per sq.ft, which then decreased to Rs 502 per sq.ft in 2017. The value increased significantly to Rs 750 per sq.ft in the 2023 revision, and further rose to Rs 832 per sq.ft in the 2024 revision, marking an increase of 11% from the previous year.

From 2017 to 2023, the guideline value saw a substantial increase of 49%. However, the value dropped by 33% from the 2012 revision to the 2017 revision. Overall, from 2012 to 2024, the guideline value has increased by 11%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Kangeyam

In Kangeyam village, there are 202 streets under the Kangeyam SRO, with guideline values ranging from Rs 331 to Rs 1,120 per sq.ft. The median guideline value is Rs 448 per sq.ft, placing Ayyavumuthaliar Sandhu's 2024 figure above this median.

• Ayyavuchettiar Veethi: Rs 832 per sq.ft (2024)
• Ayyasamy Nagar Colony Third Street: Rs 448 per sq.ft (2024)
• Ayyasamynagar Colony Sixth Street: Rs 339 per sq.ft (2024)
• Ayyasamy Nagar Colony Second Street: Rs 448 per sq.ft (2024)
• Ayyasamy Nagar Colony Main Road: Rs 616 per sq.ft (2024)
• Ayyasamynagar Colony Fourth Street: Rs 448 per sq.ft (2024)

Stamp duty and registration fee for property in Ayyavumuthaliar Sandhu

For a 1,000 sq.ft plot at the current guideline value of Rs 832 per sq.ft, the total guideline value would be Rs 8,32,000. The stamp duty at 7% would amount to Rs 58,240, while the registration fee at 2% would be Rs 16,640. Together, the total cost for stamp duty and registration would be Rs 74,880. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Ayyavumuthaliar Sandhu?

The Sub Registrar Office that covers Ayyavumuthaliar Sandhu is 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 a crucial factor when registering property transactions in Kangeyam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction process.

When buying or selling property, the guideline value ensures that both parties are aware of the minimum value for which the property can be registered. This helps maintain transparency and compliance with local regulations during property transactions.

Frequently asked questions

What is the current guideline value of Ayyavumuthaliar Sandhu?

The current guideline value of Ayyavumuthaliar Sandhu is Rs 832 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 750 per sq.ft in 2012 to Rs 502 per sq.ft in 2017, then increased to Rs 750 per sq.ft in 2023, and finally to Rs 832 per sq.ft in 2024.

What is the land classification for Ayyavumuthaliar Sandhu?

Ayyavumuthaliar Sandhu is classified as Commercial Class I Type - II.

Where can I find the Kangeyam Sub Registrar Office?

The Kangeyam Sub Registrar Office is located at No.8, Taluk Office Campus, Kangeyam - 638701, Coimbatore registration zone.

How is stamp duty calculated for properties in Ayyavumuthaliar Sandhu?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a plot of 1,000 sq.ft, the total guideline value would be Rs 8,32,000, leading to a stamp duty of Rs 58,240.