Guideline Value for AaLouthu Palayam Bharathiyar Street

AaLouthu Palayam Bharathiyar Street guideline value

The current guideline value of AaLouthu Palayam Bharathiyar Street is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Modakkurucchi village and falls under the Avalpoondurai SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of AaLouthu Palayam Bharathiyar Street has changed

The guideline value for AaLouthu Palayam Bharathiyar Street has undergone several revisions over the years. The register shows no figures for the years 2002, 2003, 2007, and 2012. In the 2017 revision, the guideline value was set at Rs 100 per sq.ft. This figure remained unchanged until the 2023 revision, which also recorded Rs 200 per sq.ft. From 2017 to 2023, there was a 100% increase in the guideline value.

With the 2024 revision, the guideline value has been maintained at Rs 200 per sq.ft, showing no change from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 100%.

Guideline values in Modakkurucchi

In Modakkurucchi, there are 61 streets under the Avalpoondurai SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 821 per sq.ft. The median guideline value for these streets is Rs 200 per sq.ft, which is the same as the guideline value for AaLouthu Palayam Bharathiyar Street.

• AaLouthu Palayam Anna Street: Rs 350 per sq.ft (2024)
• AaLouthu Palayam Ganthi Street: Rs 440 per sq.ft (2024)
• AaLouthu Palayam Nethaji Street: Rs 200 per sq.ft (2024)
• AaLouthu Palayam Thiruvaluvar Street: Rs 200 per sq.ft (2024)
• Aalankattu Valasu Nehru Street: Rs 350 per sq.ft (2024)
• Aalankattu Valasu Ganthi Street: Rs 440 per sq.ft (2024)

Stamp duty and registration fee for property in AaLouthu Palayam Bharathiyar Street

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value would be Rs 2,00,000. The stamp duty at 7% would amount to Rs 14,000, and the registration fee at 2% would be Rs 4,000, resulting in a total of Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers AaLouthu Palayam Bharathiyar Street?

The Sub Registrar Office that covers AaLouthu Palayam Bharathiyar Street is the Avalpoondurai Sub Registrar Office. The address is Kangeyam Main Road, Bus Stop, Avalpoondurai-638115, Modakurichi Taluk, Erode District, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Modakkurucchi. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property in the area.

When a property is sold, the guideline value is used to calculate the applicable fees, ensuring that the transaction is recorded accurately. Buyers and sellers should be aware of the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of AaLouthu Palayam Bharathiyar Street?

The current guideline value of AaLouthu Palayam Bharathiyar 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 increased from Rs 100 per sq.ft in 2017 to Rs 200 per sq.ft in both 2023 and 2024, marking a 100% increase overall from 2017 to 2024.

What is the land classification for AaLouthu Palayam Bharathiyar Street?

The land classification for AaLouthu Palayam Bharathiyar Street is Residential Class I Type - I.

Where can I find the Avalpoondurai Sub Registrar Office?

The Avalpoondurai Sub Registrar Office is located at Kangeyam Main Road, Bus Stop, Avalpoondurai-638115, Modakurichi Taluk, Erode District, Coimbatore registration zone.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a 1,000 sq.ft plot at Rs 200 per sq.ft would incur a total guideline value of Rs 2,00,000, leading to stamp duty and registration fees as outlined in the example provided.