Guideline Value for Ayothiyanagar 4th street

Ayothiyanagar 4th street guideline value

The current guideline value of Ayothiyanagar 4th street is Rs 708 per sq.ft. This street is located in Mannarai village, under the Tiruppur Joint II SRO, and is classified as Residential Class II Type - I.

How the guideline value of Ayothiyanagar 4th street has changed

Over the years, the guideline value for Ayothiyanagar 4th street has seen several revisions. The earliest recorded figure is from 2007, where the guideline value was Rs 124 per sq.ft. This increased to Rs 350 per sq.ft in 2012, followed by a decrease to Rs 234 per sq.ft in 2017. From 2017 to 2023, the value rose significantly to Rs 708 per sq.ft, and it remained unchanged at this rate in the 2024 revision.

There are no figures available for the revisions in 2002 and 2003 for this street. The overall change from 2007 to 2024 reflects an increase of 471%, showcasing the fluctuations in the guideline value over the years.

Guideline values in Mannarai

Mannarai village has a total of 90 streets under the Tiruppur Joint II SRO that carry a 2024 guideline value, ranging from Rs 700 to Rs 2,200 per sq.ft. The median value for these streets is Rs 708 per sq.ft, which is equal to the guideline value of Ayothiyanagar 4th street.

• Ayothiyanagar 3rd street: Rs 708 per sq.ft (2024)
• Ayothiyanagar 5th street: Rs 708 per sq.ft (2024)
• Ayothiyanagar 2nd street: Rs 708 per sq.ft (2024)
• Ayothiyanagar 1st street: Rs 708 per sq.ft (2024)
• Ayothiyanagar: Rs 708 per sq.ft (2024)
• Arivozhi Nagar: Rs 710 per sq.ft (2024)

Stamp duty and registration fee for property in Ayothiyanagar 4th street

For a 1,000 sq.ft plot at the current guideline value of Rs 708 per sq.ft, the total guideline value amounts to Rs 7,08,000. The stamp duty at 7% would be Rs 49,560, and the registration fee at 2% would be Rs 14,160, making the total cost for these fees Rs 63,720. Duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Ayothiyanagar 4th street?

The Sub Registrar Office that covers Ayothiyanagar 4th street is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Mannarai. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is sold, the buyer must pay stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Ayothiyanagar 4th street?

The current guideline value of Ayothiyanagar 4th street is Rs 708 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 124 per sq.ft in 2007 to Rs 708 per sq.ft in 2024, reflecting a significant increase of 471% over the years.

What is the median guideline value for streets in Mannarai?

The median guideline value for the 90 streets in Mannarai is Rs 708 per sq.ft, which is the same as the value for Ayothiyanagar 4th street.

What are the stamp duty and registration fees for Ayothiyanagar 4th street?

For a 1,000 sq.ft plot, the stamp duty would be Rs 49,560 and the registration fee would be Rs 14,160, totaling Rs 63,720 based on the current guideline value.

Which office handles property registration for Ayothiyanagar 4th street?

The Tiruppur Joint II Sub Registrar Office handles property registration for Ayothiyanagar 4th street, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.