Guideline Value for Ayikkonar Street

Ayikkonar Street guideline value

The current guideline value of Ayikkonar Street is Rs 1,002 per sq.ft, effective from 1 July 2024. This street is located in Telgupalayam village and falls under the Coimbatore South Joint 1 SRO. The land classification for this area is Residential Class II Type - III.

How the guideline value of Ayikkonar Street has changed

The guideline value for Ayikkonar Street has undergone several revisions over the years. The register has no figure for this street in 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 1,000 per sq.ft, which was updated to Rs 1,002 per sq.ft in the 2024 revision, reflecting a change of +0% from the previous year.

As of the 2024 revision, the guideline value stands at Rs 1,002 per sq.ft. This figure is equal to the median guideline value of Rs 1,002 per sq.ft for the 223 streets in Telgupalayam under the Coimbatore South Joint 1 SRO, which range from Rs 1,000 to Rs 4,000 per sq.ft.

Guideline values in Telgupalayam

In Telgupalayam, the guideline values for various streets range from Rs 1,000 to Rs 4,000 per sq.ft, with Ayikkonar Street's 2024 figure aligning with the median of Rs 1,002 per sq.ft. Below are other streets in Telgupalayam:

• Baba Street: Rs 2,000 per sq.ft (2024)
• Bagavathsingh Street: Rs 1,000 per sq.ft (2024)
• Bagavathsingh Street I: Rs 1,000 per sq.ft (2024)
• Bagavathsingh Street II: Rs 1,000 per sq.ft (2024)
• Bagavathsingh Street III: Rs 1,000 per sq.ft (2024)
• Balaji Garden: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Ayikkonar Street

For a 1,000 sq.ft plot at the current rate of Rs 1,002 per sq.ft, the guideline value amounts to Rs 10,02,000. The stamp duty at 7% would be Rs 70,140, and the registration fee at 2% would be Rs 20,040, totaling Rs 90,180. 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 more details.

Which Sub Registrar Office covers Ayikkonar Street?

The Sub Registrar Office that covers Ayikkonar Street is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Telgupalayam. It is used to determine the stamp duty and registration fees applicable during the sale or purchase of a property. Buyers and sellers must consider this value to ensure compliance with local regulations.

When registering a property, the guideline value is taken into account to calculate the total costs involved. It is essential for both buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Ayikkonar Street?

The current guideline value of Ayikkonar Street is Rs 1,002 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Ayikkonar Street has seen revisions in 2023 and 2024, with figures of Rs 1,000 per sq.ft and Rs 1,002 per sq.ft, respectively. The register has no figure for this street in the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Ayikkonar Street?

Ayikkonar Street is classified as Residential Class II Type - III. This classification affects the guideline value and property transactions in the area.

What are the stamp duty and registration fees for properties on Ayikkonar Street?

For a property valued at Rs 10,02,000, the stamp duty would be Rs 70,140, and the registration fee would be Rs 20,040, totaling Rs 90,180. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Ayikkonar Street?

The Sub Registrar Office for Ayikkonar Street is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. This office handles the registration of properties in the area.