Guideline Value for Ayyampalayam Ayyan Kovil Street

Ayyampalayam Ayyan Kovil Street guideline value

The current guideline value of Ayyampalayam Ayyan Kovil Street is Rs 200 per sq.ft, as per the 2023 revision. This street is located in Samalapuram village and falls under the Sulur SRO. The land classification for this area is Residential Special Type - I.

How the guideline value of Ayyampalayam Ayyan Kovil Street has changed

Over the years, the guideline value of Ayyampalayam Ayyan Kovil Street has seen several revisions. The 2007 revision set the value at Rs 120 per sq.ft. This increased to Rs 150 per sq.ft in 2012, followed by a decrease to Rs 100 per sq.ft in 2017. The most recent revision in 2023 saw a significant increase to Rs 200 per sq.ft, marking a 100% rise from the previous figure.

From 2007 to 2012, there was a 25% increase, while the period from 2012 to 2017 saw a decrease of 33%. Overall, from 2007 to 2023, the guideline value has increased by 67%. It is important to note that there are no figures available for the revisions in 2002, 2003, and 2024 for this street.

Guideline values in Samalapuram

Currently, there are no specific village figures available for Samalapuram. Ayyampalayam Ayyan Kovil Street is the only street mentioned under the Sulur SRO.

Stamp duty and registration fee for property in Ayyampalayam Ayyan Kovil Street

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value would be Rs 2,00,000. The stamp duty at 7% would amount to Rs 14,000, and the registration fee at 2% would be Rs 4,000, totaling Rs 18,000. It is essential to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ayyampalayam Ayyan Kovil Street?

The Ayyampalayam Ayyan Kovil Street is covered by the Sulur Sub Registrar Office, located at Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Samalapuram. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees applicable at the time of registration.

It is important for buyers and sellers to be aware of the current guideline value as it directly affects the costs involved in the registration process. Ensuring that the property is valued correctly according to the guideline value helps in avoiding any discrepancies during the transaction.

Frequently asked questions

What is the current guideline value of Ayyampalayam Ayyan Kovil Street?

The current guideline value of Ayyampalayam Ayyan Kovil Street is Rs 200 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 120 per sq.ft in 2007 to Rs 200 per sq.ft in 2023, reflecting a 67% increase overall. The value saw fluctuations, including a decrease to Rs 100 per sq.ft in 2017.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 2,00,000, the stamp duty would be Rs 14,000 and the registration fee would be Rs 4,000, totaling Rs 18,000. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles registrations for Ayyampalayam Ayyan Kovil Street?

The Sulur Sub Registrar Office handles registrations for Ayyampalayam Ayyan Kovil Street, located at Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402, Coimbatore registration zone.

Are there any other streets in Samalapuram with guideline values?

Currently, there are no other streets in Samalapuram listed under the Sulur SRO with guideline values provided. Ayyampalayam Ayyan Kovil Street is the only street mentioned.