Guideline Value for Ayi Gounder Nagar L.O

Ayi Gounder Nagar L.O guideline value

The current guideline value of Ayi Gounder Nagar L.O is Rs 780 per sq.ft, effective from 1 July 2024. This area is located in P. Chettipalayam village and falls under the Coimbatore South Joint 1 SRO. The land classification for this street is Residential Class I Type - I.

How the guideline value of Ayi Gounder Nagar L.O has changed

Over the years, the guideline value of Ayi Gounder Nagar L.O has seen several revisions. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017. The most recent revisions show that the guideline value was Rs 700 per sq.ft in 2023 and has increased to Rs 780 per sq.ft in 2024, marking an increase of 11%.

Prior to the 2023 revision, the register has no figures for this street. The current 2024 figure of Rs 780 per sq.ft is significant as it is above the median guideline value of Rs 470 per sq.ft for the 240 streets in P. Chettipalayam under the Coimbatore South Joint 1 SRO.

Guideline values in P. Chettipalayam

P. Chettipalayam has a range of guideline values, with figures for 2024 varying from Rs 220 to Rs 1,300 per sq.ft. Ayi Gounder Nagar L.O's guideline value is above the median of Rs 470 per sq.ft.

• Avin Nagar PhaseII: Rs 780 per sq.ft (2024)
• Avin Nagar Phase-1: Rs 780 per sq.ft (2024)
• Avin Nagar: Rs 780 per sq.ft (2024)
• Ayyan Thottam: Rs 220 per sq.ft (2024)
• Ayyan Thottam Gandhi Nagar: Rs 220 per sq.ft (2024)
• Ayyasamy Garden: Rs 550 per sq.ft (2024)

Stamp duty and registration fee for property in Ayi Gounder Nagar L.O

For a 1,000 sq.ft plot at the current rate of Rs 780 per sq.ft, the guideline value would be Rs 7,80,000. The stamp duty at 7% would amount to Rs 54,600, and the registration fee at 2% would be Rs 15,600, bringing the total to Rs 70,200. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Ayi Gounder Nagar L.O?

The Sub Registrar Office that covers Ayi Gounder Nagar L.O is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. You can find your SRO for more details.

How the guideline value is used when you buy or sell in P. Chettipalayam

The guideline value is a crucial factor during the registration process when buying or selling property in P. Chettipalayam. It is used to determine the stamp duty and registration fees that need to be paid, ensuring that all transactions are conducted fairly and transparently.

When a property is registered, the guideline value serves as a benchmark for calculating the applicable duties and fees. Buyers and sellers should be aware of the current guideline values to ensure they are compliant with the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value of Ayi Gounder Nagar L.O?

The current guideline value of Ayi Gounder Nagar L.O is Rs 780 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has undergone several revisions, with the most recent being Rs 700 per sq.ft in 2023 and increasing to Rs 780 per sq.ft in 2024, which is an 11% increase.

What is the registration office for Ayi Gounder Nagar L.O?

The registration office covering Ayi Gounder Nagar L.O is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001.

What are the stamp duty and registration fees for property in Ayi Gounder Nagar L.O?

For a 1,000 sq.ft plot at the current guideline value of Rs 780 per sq.ft, the total stamp duty and registration fees would amount to Rs 70,200.

How is the guideline value determined in P. Chettipalayam?

The guideline value in P. Chettipalayam is determined by the Registration Department and varies based on the location and classification of the land, with figures for 2024 ranging from Rs 220 to Rs 1,300 per sq.ft.