Guideline Value for Ayothiapuram Bharathan Nagar Extension

₹165/sq.ft.

The guideline value for Ayothiapuram Bharathan Nagar Extension in Peedampalli village (Singanallur SRO, Coimbatore zone) is Rs 165 per sq.ft, effective 1 July 2024. It was Rs 150 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Peedampalli

Village

Singanallur

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹165 /sq.ft.
From 1-4-2023 ₹150 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹100 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹150 /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)

Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111
0422-2579455
[email protected]

DRO (District Registrar Office)

District Registrar Office Coimbatore (south), Fifth Floor, Singapore Plaza, Crosscut Road, Gandhipuram, Coimbatore 641012.
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[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Ayothiapuram Bharathan Nagar Extension

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Ayothiapuram Bharathan Nagar Extension guideline value

The current guideline value of Ayothiapuram Bharathan Nagar Extension is Rs 165 per sq.ft, effective from 1 July 2024. This area is located in Peedampalli village, under the Singanallur SRO, and is classified as Residential Class II Type - I.

How the guideline value of Ayothiapuram Bharathan Nagar Extension has changed

The guideline value for Ayothiapuram Bharathan Nagar Extension has seen several revisions over the years. The earliest recorded revision was in 2012, where the guideline value was Rs 150 per sq.ft. This figure changed to Rs 100 per sq.ft in 2017, marking a decrease of 33%. However, in the following revision in 2023, the value increased to Rs 150 per sq.ft, and then further rose to Rs 165 per sq.ft in the 2024 revision, reflecting a 10% increase.

From 2017 to 2023, the guideline value increased by 50%, bringing it up from Rs 100 per sq.ft to Rs 150 per sq.ft. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%, moving from Rs 150 per sq.ft to Rs 165 per sq.ft. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Peedampalli

In Peedampalli village, there are 156 streets under the Singanallur SRO that carry a 2024 guideline value, ranging from Rs 110 to Rs 1,050 per sq.ft. The median value for these streets is Rs 165 per sq.ft, which is the same as the current guideline value for Ayothiapuram Bharathan Nagar Extension.

Stamp duty and registration fee for property in Ayothiapuram Bharathan Nagar Extension

For a 1,000 sq.ft plot at the current guideline value of Rs 165 per sq.ft, the total guideline value amounts to Rs 1,65,000. The stamp duty at 7% would be Rs 11,550, and the registration fee at 2% would be Rs 3,300, bringing the total fees to Rs 14,850. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Ayothiapuram Bharathan Nagar Extension?

The Ayothiapuram Bharathan Nagar Extension falls under the jurisdiction of the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Peedampalli, as it determines the minimum value at which properties can be registered. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees that need to be paid at the time of registration.

It is essential for buyers and sellers to be aware of the current guideline value, as it affects the overall cost of the transaction. Understanding the guideline value also helps in ensuring compliance with local regulations during the registration process.

Frequently asked questions

What is the current guideline value of Ayothiapuram Bharathan Nagar Extension?

The current guideline value of Ayothiapuram Bharathan Nagar Extension is Rs 165 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 150 per sq.ft in 2012 to Rs 100 per sq.ft in 2017, then to Rs 150 per sq.ft in 2023, and finally to Rs 165 per sq.ft in 2024.

What are the stamp duty and registration fees for property transactions?

For a property valued at Rs 1,65,000, the stamp duty would be Rs 11,550 and the registration fee would be Rs 3,300, totaling Rs 14,850.

Which Sub Registrar Office covers this area?

The Singanallur Sub Registrar Office covers Ayothiapuram Bharathan Nagar Extension, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.

How is the guideline value determined for properties?

The guideline value is determined based on various factors, including the classification of the land and revisions made by the Registration Department, which reflect changes in market conditions and property values.