Guideline Value for Ayothiyapuram Sriram Nagar

Ayothiyapuram Sriram Nagar guideline value

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

How the guideline value of Ayothiyapuram Sriram Nagar has changed

The guideline value for Ayothiyapuram Sriram Nagar has undergone several revisions over the years. The earliest recorded figure is from 2012, which was Rs 150 per sq.ft. This was followed by a decrease to Rs 100 per sq.ft in 2017. The next revision in 2023 saw an increase to Rs 150 per sq.ft, and the most recent revision in 2024 raised it further to Rs 165 per sq.ft. The register has no figure for this street in 2002, 2003, and 2007.

From 2012 to 2017, the value decreased by 33%. However, from 2017 to 2023, it increased significantly by 50%. The overall change from 2012 to 2024 is an increase of 10%.

Guideline values in Pappampatti

Pappampatti village has a total of 140 streets under the Singanallur SRO, with guideline values 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 Sriram Nagar's 2024 figure below that median.

• Ayothiyapuram TKN Layout: Rs 165 per sq.ft (2024)
• Ayothiyapuram Nachiyar Nagar: 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 Sriram Nagar

For a 1,000 sq.ft plot at the current rate of Rs 165 per sq.ft, the guideline value amounts to Rs 1,65,000. The stamp duty at 7% would be Rs 11,550, while the registration fee at 2% would be Rs 3,300, bringing the total 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 our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Ayothiyapuram Sriram Nagar?

The Sub Registrar Office that covers Ayothiyapuram Sriram Nagar is 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 an essential factor during property transactions in Pappampatti, as it determines the amount of stamp duty and registration fees payable. When a property is bought or sold, the guideline value serves as a benchmark for calculating these fees, ensuring that they are based on a standardized assessment of property values in the area.

It is crucial for buyers and sellers to be aware of the guideline value to avoid any discrepancies during the registration process. The guideline value reflects the official valuation set by the authorities, which can help in fair and transparent transactions.

Frequently asked questions

What is the current guideline value of Ayothiyapuram Sriram Nagar?

The current guideline value of Ayothiyapuram Sriram 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 land classification for Ayothiyapuram Sriram Nagar?

Ayothiyapuram Sriram Nagar is classified as Residential Class II Type - II.

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

Stamp duty is charged at 7% of the guideline value or sale price, whichever is higher, while the registration fee is 2% of the guideline value or sale price. For example, for a 1,000 sq.ft plot at Rs 165 per sq.ft, the total fees would amount to Rs 14,850.

Which Sub Registrar Office covers Ayothiyapuram Sriram Nagar?

The Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, is the office that covers Ayothiyapuram Sriram Nagar.