Guideline Value for Ayothiyapuram TKN Layout

Ayothiyapuram TKN Layout guideline value

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

How the guideline value of Ayothiyapuram TKN Layout has changed

The guideline value for Ayothiyapuram TKN Layout has undergone several revisions over the years. The earliest available 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, marking a reduction of 33%. Subsequently, the value increased significantly to Rs 150 per sq.ft in the 2023 revision, reflecting a 50% rise. The most recent revision in 2024 set the value at Rs 165 per sq.ft, an increase of 10% from the previous year.

There are no figures available for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has seen a modest 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 for these streets is Rs 195 per sq.ft, which means that the 2024 figure for Ayothiyapuram TKN Layout is below this median.

• Ayothiyapuram Sriram Nagar: 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 TKN Layout

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, 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 our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Ayothiyapuram TKN Layout?

The Ayothiyapuram TKN Layout falls under the jurisdiction of the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111. You can find your SRO for further assistance.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Pappampatti. It serves as a reference point for determining the stamp duty and registration fees that need to be paid during the transaction. Buyers should be aware that the guideline value may differ from the actual sale price of the property.

When a property is registered, the stamp duty is calculated based on the higher value between the guideline value and the sale price. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Ayothiyapuram TKN Layout?

The current guideline value of Ayothiyapuram TKN Layout 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 of Ayothiyapuram TKN Layout?

Ayothiyapuram TKN Layout is classified as Residential Class II Type - II, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for Ayothiyapuram TKN Layout?

The Sub Registrar Office covering Ayothiyapuram TKN Layout is the Singanallur SRO, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.

How is the stamp duty calculated for properties in Pappampatti?

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