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Guideline Value

Corporate

Guideline Value for Ayar Pady (Ward 25)

₹550/sq.ft.

The guideline value for Ayar Pady (ward 25) in Karamadai village (Mettupalayam SRO, Coimbatore zone) is Rs 550 per sq.ft, effective 1 July 2024. It was Rs 500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Karamadai

Village

Mettupalayam

SRO

Residential Class III Type - II
History
Period Guideline Value
From 1-7-2024 ₹550 /sq.ft.
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹500 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

271-coimbatore Main, Road, Near Mettupapalayam Bustand . Mettupalayam-641301
04254-292251
[email protected]

DRO (District Registrar Office)

District Registara Office, Syriyan Church Road, Corporation Marriage Hall, Coimbatore -641001
0422-2300722
[email protected],[email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Ayar Pady (ward 25)

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Ayar Pady (Ward 25) guideline value

The current guideline value for Ayar Pady (Ward 25) is Rs 550 per sq.ft, effective from 1 July 2024. This area is located in Karamadai village, under the Mettupalayam SRO, and is classified as Residential Class III Type - II.

How the guideline value of Ayar Pady (Ward 25) has changed

The guideline value for Ayar Pady (Ward 25) has seen significant changes over the years. In the 2012 revision, the value was Rs 500 per sq.ft, which decreased to Rs 335 per sq.ft in the 2017 revision. However, from 2017 to 2023, the value increased by 49% to Rs 500 per sq.ft. The most recent revision in 2024 has further increased the guideline value to Rs 550 per sq.ft, marking a 10% rise from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Karamadai

Karamadai village has a total of 180 streets under the Mettupalayam SRO, with guideline values ranging from Rs 340 to Rs 1,680 per sq.ft in 2024. The median guideline value for these streets is Rs 800 per sq.ft, indicating that Ayar Pady's 2024 figure is below this median.

Stamp duty and registration fee for property in Ayar Pady (Ward 25)

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value would be Rs 5,50,000. The stamp duty at 7% would be Rs 38,500, and the registration fee at 2% would be Rs 11,000, bringing the total cost for these fees to Rs 49,500. It is essential to note that duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for accurate calculations.

Which Sub Registrar Office covers Ayar Pady (Ward 25)?

The Sub Registrar Office that covers Ayar Pady (Ward 25) is the Mettupalayam Sub Registrar Office, located at 271-Coimbatore Main Road, Near Mettupapalayam Bus Stand, Mettupalayam-641301, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Karamadai. It is used to determine the stamp duty and registration fees that must be paid during the transaction. Buyers should be aware that the guideline value is set by the government and is subject to periodic revisions.

When a property is sold, the buyer will need to pay stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate fees for property transactions.

Frequently asked questions

What is the current guideline value of Ayar Pady (Ward 25)?

The current guideline value of Ayar Pady (Ward 25) is Rs 550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2012 to Rs 335 per sq.ft in 2017, then increased to Rs 500 per sq.ft in 2023, and finally to Rs 550 per sq.ft in 2024.

What is the land classification for Ayar Pady?

Ayar Pady is classified as Residential Class III Type - II, which indicates its zoning for residential purposes.

Where can I find the Sub Registrar Office for Ayar Pady?

The Sub Registrar Office for Ayar Pady is located at 271-Coimbatore Main Road, Near Mettupapalayam Bus Stand, Mettupalayam-641301, Coimbatore registration zone.

How is the stamp duty calculated for properties in Karamadai?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, if the guideline value is Rs 5,50,000, the stamp duty would be 7% of that amount.