Guideline Value for AaLouthu Palayam Thiruvaluvar Street

AaLouthu Palayam Thiruvaluvar Street guideline value

The current guideline value of AaLouthu Palayam Thiruvaluvar Street is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Modakkurucchi village, under the Avalpoondurai SRO, and is classified as Residential Class I Type - I.

How the guideline value of AaLouthu Palayam Thiruvaluvar Street has changed

In the 2017 revision, the guideline value was set at Rs 100 per sq.ft. This figure increased to Rs 200 per sq.ft in the 2023 revision, marking a 100% increase. The 2024 revision also maintains this figure at Rs 200 per sq.ft, showing no change from the previous year.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. 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 is Rs 200 per sq.ft, which is the same as the value for AaLouthu Palayam Thiruvaluvar Street.

• AaLouthu Palayam Nethaji Street: Rs 200 per sq.ft (2024)
• AaLouthu Palayam Ganthi Street: Rs 440 per sq.ft (2024)
• AaLouthu Palayam Bharathiyar Street: Rs 200 per sq.ft (2024)
• AaLouthu Palayam Anna Street: Rs 350 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 Thiruvaluvar 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 be Rs 14,000, and the registration fee at 2% would be Rs 4,000, making the total Rs 18,000. 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 AaLouthu Palayam Thiruvaluvar Street?

The Sub Registrar Office that covers AaLouthu Palayam Thiruvaluvar 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 an essential factor during property registration in Modakkurucchi. It determines the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property, the guideline value serves as a benchmark for the transaction. Buyers should be aware that the stamp duty is charged on the higher of the guideline value or the sale price, ensuring compliance with local regulations.

Frequently asked questions

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

The current guideline value of AaLouthu Palayam Thiruvaluvar Street is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 100 per sq.ft to Rs 200 per sq.ft in 2023, and it remains the same in 2024. There are no figures available for the revisions in 2002, 2003, 2007, and 2012.

What are the guideline values of other streets in Modakkurucchi?

Other streets in Modakkurucchi have varying guideline values, with rates ranging from Rs 200 to Rs 821 per sq.ft. The median value is Rs 200 per sq.ft, which is the same as that of AaLouthu Palayam Thiruvaluvar Street.

What fees are associated with property registration?

When registering a property, buyers must pay stamp duty and registration fees based on the guideline value or sale price. For example, on a property with a guideline value of Rs 2,00,000, the total fees would amount to Rs 18,000.

Where can I find my Sub Registrar Office?

The Sub Registrar Office covering AaLouthu Palayam Thiruvaluvar Street is located at Kangeyam Main Road, Bus Stop, Avalpoondurai-638115. You can find more information by visiting the find your SRO page.