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Guideline Value for Ayigoundanur Street (766/5)

₹200/sq.ft.

The guideline value for Ayigoundanur Street (766/5) in Salangapalayam village (Kavundapadi SRO, Coimbatore zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iii Type - V. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Salangapalayam

Village

Kavundapadi

SRO

Residential Class III Type - V
History
Period Guideline Value
From 1-7-2024 ₹200 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹67 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹100 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹15 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹8 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹7 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Marutham Nagar Bye-pass Road, Kavundapadi.638455.
04256-242642/progress
[email protected]

DRO (District Registrar Office)

Integrated Reistration Complex, 81 Old Hospital Rd, Near Market, Gobichettipalayam - 638452
04285-222014
[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Ayigoundanur Street (766/5)

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Ayigoundanur Street (766/5) guideline value

The current guideline value of Ayigoundanur Street (766/5) is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Salangapalayam village, under the Kavundapadi SRO, and is classified as Residential Class III Type - V.

How the guideline value of Ayigoundanur Street (766/5) has changed

The guideline value for Ayigoundanur Street has undergone several revisions over the years. In 2002, the value was Rs 7 per sq.ft, which increased to Rs 8 per sq.ft in 2003, marking a change of +14%. The value saw a significant jump to Rs 15 per sq.ft in 2007, reflecting an increase of +88%. By 2012, the value rose to Rs 100 per sq.ft, showing a substantial increase of +567%. However, from 2012 to 2017, the value decreased to Rs 67 per sq.ft, resulting in a change of -33%. The value then increased dramatically to Rs 200 per sq.ft in 2023, a change of +199%, and has remained at Rs 200 per sq.ft in the 2024 revision.

There are no figures available for the revisions in the years not mentioned in the register. Overall, from 2002 to 2024, the guideline value has increased by +2757%.

Guideline values in Salangapalayam

In Salangapalayam, there are 108 streets under the Kavundapadi SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 450 per sq.ft, with a median value of Rs 226 per sq.ft. Ayigoundanur Street (766/5) has a 2024 figure below this median.

Stamp duty and registration fee for property in Ayigoundanur Street (766/5)

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the 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, totaling Rs 18,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ayigoundanur Street (766/5)?

The Sub Registrar Office that covers Ayigoundanur Street (766/5) is the Kavundapadi Sub Registrar Office, located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor when registering property transactions in Salangapalayam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value helps in assessing the fair value of the property. Buyers and sellers must consider this value to ensure compliance with legal requirements during the registration process.

Frequently asked questions

What is the current guideline value of Ayigoundanur Street (766/5)?

The current guideline value of Ayigoundanur Street (766/5) is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 7 per sq.ft in 2002 to Rs 200 per sq.ft in 2024, representing an overall increase of +2757%.

What is the land classification of Ayigoundanur Street (766/5)?

Ayigoundanur Street (766/5) is classified as Residential Class III Type - V.

Where is the Kavundapadi Sub Registrar Office located?

The Kavundapadi Sub Registrar Office is located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone.

How is stamp duty calculated for property transactions?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 200 per sq.ft, the total guideline value would be Rs 2,00,000, leading to a stamp duty of Rs 14,000.