Guideline Value for Ayyampalayam I and II Street 139/A1,143

Ayyampalayam I and II Street 139/A1,143 guideline value

The current guideline value for Ayyampalayam I and II Street 139/A1,143 is Rs 200 per sq.ft. This property is located in Kannivadi village under the Moolanur SRO, classified as Residential Class III Type - V.

How the guideline value of Ayyampalayam I and II Street 139/A1,143 has changed

The guideline value for Ayyampalayam I and II Street 139/A1,143 has seen several revisions over the years. In 2012, the guideline value was Rs 60 per sq.ft, which decreased to Rs 40 per sq.ft in 2017. However, there was a significant increase to Rs 200 per sq.ft in both the 2023 and 2024 revisions, marking a 400% rise from 2017 to 2023 and an overall increase of 233% from 2012 to 2024.

It is important to note that the register has no figures for this street for the years 2002, 2003, and 2007. The guideline value remained at Rs 200 per sq.ft from the 2023 revision to the 2024 revision, indicating no change in this period.

Guideline values in Kannivadi

Kannivadi village has 21 streets under the Moolanur SRO that carry a 2024 guideline value, all set at Rs 200 per sq.ft, with the median also at Rs 200 per sq.ft. This places Ayyampalayam I and II Street 139/A1,143 at the median value for the village.

• Erachapadi Street 1,2: Rs 200 per sq.ft (2024)
• Kannivadi natham 898/A: Rs 200 per sq.ft (2024)
• Kannivadi North Street 648/2: Rs 200 per sq.ft (2024)
• Kannivadi- South Street 912/A1B: Rs 200 per sq.ft (2024)
• Kannivadi West Street 913/1: Rs 200 per sq.ft (2024)
• Kathakottai south Street 546/A: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Ayyampalayam I and II Street 139/A1,143

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be 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 more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ayyampalayam I and II Street 139/A1,143?

The Sub Registrar Office that covers Ayyampalayam I and II Street 139/A1,143 is the Moolanur Sub Registrar Office, located at No.2, Karur-dharapuram Road, Moolanur - 638106, Coimbatore registration zone.

You can find your SRO for more information.

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

The guideline value is an essential factor during the registration of property transactions in Kannivadi. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on a standardized value rather than fluctuating market prices.

When buying or selling property, the guideline value helps determine the official value of the property, which is crucial for legal documentation and compliance with local regulations. This ensures transparency and fairness in property transactions.

Frequently asked questions

What is the current guideline value for Ayyampalayam I and II Street 139/A1,143?

The current guideline value for Ayyampalayam I and II Street 139/A1,143 is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 60 per sq.ft in 2012 to Rs 40 per sq.ft in 2017, and then to Rs 200 per sq.ft in both 2023 and 2024. This shows a significant increase over the years.

Which Sub Registrar Office covers this property?

The Moolanur Sub Registrar Office covers Ayyampalayam I and II Street 139/A1,143, located at No.2, Karur-dharapuram Road, Moolanur - 638106, Coimbatore registration zone.

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

For a 1,000 sq.ft plot, the stamp duty is Rs 14,000, and the registration fee is Rs 4,000, totaling Rs 18,000. These fees are calculated based on the guideline value of Rs 2,00,000.

How is the guideline value used in property transactions?

The guideline value is used to calculate the stamp duty and registration fees during property transactions. It provides a standardized value for property, ensuring compliance with local regulations and transparency in the buying and selling process.