Guideline Value for Ayyampalayam Barathi Street

Ayyampalayam Barathi Street guideline value

The current guideline value of Ayyampalayam Barathi Street is Rs 400 per sq.ft, effective from 1 July 2024. This street is located in Kavundapadi village, under the Kavundapadi SRO, and is classified as Residential Class I Type - III.

How the guideline value of Ayyampalayam Barathi Street has changed

The guideline value for Ayyampalayam Barathi Street has seen several revisions over the years. In 2007, the value was Rs 96 per sq.ft, which increased significantly to Rs 400 per sq.ft in 2012. However, it dropped to Rs 268 per sq.ft in 2017 before rising again to Rs 400 per sq.ft in both 2023 and 2024. The register has no figures for the years 2002 and 2003.

From 2017 to 2023, there was a 49% increase, while the value decreased by 33% from 2012 to 2017. Notably, from 2007 to 2012, the value surged by 317%. Overall, from 2007 to 2024, the guideline value has increased by 317%.

Guideline values in Kavundapadi

In Kavundapadi, there are 137 streets under the Kavundapadi SRO that carry a 2024 guideline value, ranging from Rs 250 to Rs 1,200 per sq.ft, with a median value of Rs 600 per sq.ft. Ayyampalayam Barathi Street's 2024 figure is below this median.

• Ayyampalayam Cross Street No/1: Rs 250 per sq.ft (2024)
• Ayyampalayam Harijan Colony: Rs 250 per sq.ft (2024)
• Ayyampalayam Kalaivanar Street: Rs 400 per sq.ft (2024)
• Ayyampalayam Kamarajar Street: Rs 400 per sq.ft (2024)
• Ayyampalayam Mariamman Kovil Street: Rs 400 per sq.ft (2024)
• Ayyampalayam Nehru Street: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Ayyampalayam Barathi Street

For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value would be Rs 4,00,000. The stamp duty at 7% would amount to Rs 28,000, and the registration fee at 2% would be Rs 8,000, bringing the total to Rs 36,000. Please 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 details.

Which Sub Registrar Office covers Ayyampalayam Barathi Street?

The Ayyampalayam Barathi Street falls under the Kavundapadi Sub Registrar Office located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Kavundapadi. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction process.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, which is essential for both the buyer and seller. This helps in maintaining transparency and accountability in real estate transactions.

Frequently asked questions

What is the current guideline value of Ayyampalayam Barathi Street?

The current guideline value of Ayyampalayam Barathi Street is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, from Rs 96 per sq.ft in 2007 to Rs 400 per sq.ft in 2012, dropping to Rs 268 per sq.ft in 2017, and returning to Rs 400 per sq.ft in both 2023 and 2024.

What is the median guideline value for streets in Kavundapadi?

The median guideline value for streets in Kavundapadi is Rs 600 per sq.ft, with Ayyampalayam Barathi Street's 2024 value being below this median.

What are the stamp duty and registration fees based on the guideline value?

The stamp duty is calculated at 7% of the guideline value, while the registration fee is 2%. For a plot valued at Rs 4,00,000, the total fees would amount to Rs 36,000.

Where can I find the Sub Registrar Office for Ayyampalayam Barathi Street?

The Kavundapadi Sub Registrar Office covers Ayyampalayam Barathi Street and is located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone.