Guideline Value for Ayothiyapuram Nachiyar Nagar

Ayothiyapuram Nachiyar Nagar guideline value

The current guideline value of Ayothiyapuram Nachiyar Nagar is Rs 165 per sq.ft, effective from 1 July 2024. This area is located in Pappampatti village under the Singanallur SRO, classified as Residential Class II Type - II.

How the guideline value of Ayothiyapuram Nachiyar Nagar has changed

The guideline value for Ayothiyapuram Nachiyar Nagar has seen several revisions over the years. The earliest recorded revision was in 2012, where the value was set at Rs 150 per sq.ft. This figure experienced a decrease to Rs 100 per sq.ft in 2017. Following that, the value increased significantly to Rs 150 per sq.ft in 2023, and then rose again to Rs 165 per sq.ft in 2024, marking a 10% increase from the previous year.

From 2012 to 2017, the value decreased by 33%, but from 2017 to 2023, it increased by 50%. Overall, from 2012 to 2024, the guideline value has increased by 10%. There are no recorded figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Pappampatti

Pappampatti village has a total of 140 streets under the Singanallur SRO that carry a 2024 guideline value, ranging from Rs 140 to Rs 750 per sq.ft. The median guideline value in this area is Rs 195 per sq.ft, placing Ayothiyapuram Nachiyar Nagar's 2024 figure below that median.

• Ayothiyapuram Sriram Nagar: Rs 165 per sq.ft (2024)
• Ayothiyapuram TKN Layout: Rs 165 per sq.ft (2024)
• Ayodhayapuram Lakshman Nagar: Rs 165 per sq.ft (2024)
• Baba Nagar: Rs 165 per sq.ft (2024)
• Barath Nagar: Rs 170 per sq.ft (2024)
• Arijana colony: Rs 170 per sq.ft (2024)

Stamp duty and registration fee for property in Ayothiyapuram Nachiyar Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 165 per sq.ft, the total guideline value would be Rs 1,65,000. The stamp duty at 7% would amount to Rs 11,550, while the registration fee at 2% would be Rs 3,300, bringing the total fees together 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.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ayothiyapuram Nachiyar Nagar?

The Ayothiyapuram Nachiyar Nagar area 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 Pappampatti

The guideline value is a crucial factor when buying or selling property in Pappampatti, as it serves as a reference point for the registration process. Buyers and sellers must be aware that the guideline value is used to calculate the stamp duty and registration fees applicable during property transactions.

When registering a property, the stamp duty is calculated 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 Ayothiyapuram Nachiyar Nagar?

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

What is the median guideline value in Pappampatti village?

The median guideline value in Pappampatti village is Rs 195 per sq.ft, with Ayothiyapuram Nachiyar Nagar's 2024 figure being below this median.

What are the stamp duty and registration fees for property in Ayothiyapuram Nachiyar Nagar?

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 office handles property registrations for Ayothiyapuram Nachiyar Nagar?

The Singanallur Sub Registrar Office handles property registrations for Ayothiyapuram Nachiyar Nagar, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.