Guideline Value for Awaiyar Street 720 ,715

Awaiyar Street 720 ,715 guideline value

The current guideline value for Awaiyar Street 720 ,715 is Rs 250 per sq.ft, effective from 1 July 2024. This street is located in Sivagiri village, under the Sivagiri_Erode SRO, and is classified as Mixed Type - I land.

How the guideline value of Awaiyar Street 720 ,715 has changed

Over the years, the guideline value for Awaiyar Street 720 ,715 has undergone several revisions. The earliest recorded figure is from 2007, where the value was Rs 85 per sq.ft. This increased to Rs 250 per sq.ft in 2012, marking a significant rise of 194%. However, the value then decreased to Rs 167 per sq.ft in 2017, a reduction of 33%. The value remained at Rs 250 per sq.ft in 2023 and continues at the same rate in 2024, showing no change from the previous year.

From 2017 to 2023, the value saw an increase of 50%, bringing it back to Rs 250 per sq.ft. Overall, from 2007 to 2024, the guideline value has increased by 194%. The register has no figures for Awaiyar Street in 2002 and 2003.

Guideline values in Sivagiri

In Sivagiri, there are 52 streets under the Sivagiri_Erode SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 250 per sq.ft. The median value for these streets is Rs 200 per sq.ft, placing Awaiyar Street 720 ,715 above this median with its current guideline value of Rs 250 per sq.ft.

• Anna Street 730: Rs 250 per sq.ft (2024)
• Annamalai Kottai 221: Rs 200 per sq.ft (2024)
• Amman Kovilpudur 508 ,507 ,155: Rs 200 per sq.ft (2024)
• Chettithottam pudur 993 ,1012 ,1012/4 TO17 ,993/6: Rs 200 per sq.ft (2024)
• Chinniyam palayam Sakiliar Street 96: Rs 200 per sq.ft (2024)
• Cylone Colony Thalayanallur: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Awaiyar Street 720 ,715

For a 1,000 sq.ft plot at the current guideline value of Rs 250 per sq.ft, the total guideline value amounts to Rs 2,50,000. The stamp duty is charged at 7%, which is Rs 17,500, and the registration fee is 2%, amounting to Rs 5,000. Together, the total fees would be Rs 22,500. 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 Awaiyar Street 720 ,715?

The Sub Registrar Office that covers Awaiyar Street 720 ,715 is the Sivagiri_Erode Sub Registrar Office, located at 1/2 Kumaran Street, Gandhi Road, Sivagiri-638109, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Sivagiri. It serves as a benchmark for determining the stamp duty and registration fees payable when properties are bought or sold. The fees are calculated based on the guideline value or the sale price, whichever is higher.

When you decide to buy or sell property in this area, it is essential to be aware of the guideline value as it directly impacts the financial obligations associated with the transaction. Ensuring that you have the correct figures can help you avoid any unexpected costs during the registration process.

Frequently asked questions

What is the current guideline value for Awaiyar Street 720 ,715?

The current guideline value for Awaiyar Street 720 ,715 is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, starting from Rs 85 per sq.ft in 2007, increasing to Rs 250 in 2012, then decreasing to Rs 167 in 2017, and finally remaining at Rs 250 from 2023 to 2024.

What is the land classification for Awaiyar Street 720 ,715?

Awaiyar Street 720 ,715 is classified as Mixed Type - I land.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office for Awaiyar Street 720 ,715 is the Sivagiri_Erode Sub Registrar Office, located at 1/2 Kumaran Street, Gandhi Road, Sivagiri-638109, Coimbatore registration zone.

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

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 2,50,000, the stamp duty would be Rs 17,500 at a rate of 7%.