Guideline Value for Ayothiyapuram Janaki Nagar

Ayothiyapuram Janaki Nagar guideline value

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

How the guideline value of Ayothiyapuram Janaki Nagar has changed

The guideline value for Ayothiyapuram Janaki Nagar has seen several revisions over the years. In 2012, the guideline value was Rs 150 per sq.ft. This value decreased to Rs 100 per sq.ft in 2017, marking a 33% decline. However, it rebounded significantly to Rs 150 per sq.ft in 2023, and then increased to Rs 165 per sq.ft in the 2024 revision, reflecting a 10% rise.

Between the 2017 and 2023 revisions, there was a notable increase of 50%. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register does not have 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 with a 2024 guideline value ranging from Rs 110 to Rs 1,050 per sq.ft. The median value is Rs 165 per sq.ft, which is the same as the current guideline value for Ayothiyapuram Janaki Nagar.

• Ayothiapuram Lakshmanan Nagar: Rs 165 per sq.ft (2024)
• Ayothiapuram Bharathan Nagar Extension: Rs 165 per sq.ft (2024)
• Ayothiapuram Barathan Nagar: Rs 165 per sq.ft (2024)
• Ayothiapuram Anjaneyar Nagar: Rs 165 per sq.ft (2024)
• Baa Avenue: Rs 330 per sq.ft (2024)
• Athirshta Gatden: Rs 220 per sq.ft (2024)

Stamp duty and registration fee for property in Ayothiyapuram Janaki Nagar

For a 1,000 sq.ft plot at the current rate, the guideline value would be Rs 1,65,000. The stamp duty at 7% would amount to Rs 11,550, and the registration fee at 2% would be Rs 3,300, making the total Rs 14,850. It is important to note that 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 Ayothiyapuram Janaki Nagar?

The Sub Registrar Office that covers Ayothiyapuram Janaki Nagar is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111. 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 critical factor used during the registration of property transactions in Peedampalli. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

When a buyer or seller engages in a transaction, the guideline value helps ensure that the taxes are calculated fairly based on the property's assessed value. This is especially important for maintaining transparency and compliance with local regulations.

Frequently asked questions

What is the current guideline value of Ayothiyapuram Janaki Nagar?

The current guideline value of Ayothiyapuram Janaki Nagar 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 increased to Rs 150 per sq.ft in 2023, and finally to Rs 165 per sq.ft in 2024.

What is the land classification for Ayothiyapuram Janaki Nagar?

Ayothiyapuram Janaki Nagar is classified as Residential Class II Type - I.

Where can I find the Sub Registrar Office for Ayothiyapuram Janaki Nagar?

The Sub Registrar Office for Ayothiyapuram Janaki Nagar is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.

How is the stamp duty calculated for properties in Ayothiyapuram Janaki Nagar?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property with a guideline value of Rs 1,65,000, the stamp duty at 7% would be Rs 11,550.