Guideline Value for Ayyampalayam Mariamman Kovil Street

Ayyampalayam Mariamman Kovil Street guideline value

The current guideline value of Ayyampalayam Mariamman Kovil 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 Mariamman Kovil Street has changed

The guideline value for Ayyampalayam Mariamman Kovil Street has undergone several revisions over the years. The earliest recorded revision is from 2007, where the guideline value was Rs 96 per sq.ft. This increased to Rs 400 per sq.ft in 2012, marking a significant rise of 317%. However, in 2017, the value dropped to Rs 268 per sq.ft, reflecting a decrease of 33%. The subsequent revisions in 2023 and 2024 maintained the value at Rs 400 per sq.ft, indicating no change between these two years.

It is important to note that there are no figures available for the revisions in 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 317%.

Guideline values in Kavundapadi

In Kavundapadi village, 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 Mariamman Kovil Street's current guideline value is below this median.

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

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

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

Which Sub Registrar Office covers Ayyampalayam Mariamman Kovil Street?

The Ayyampalayam Mariamman Kovil Street falls under the jurisdiction of 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 during the registration of property transactions in Kavundapadi. It serves as a benchmark for determining the stamp duty and registration fees payable when buying or selling property in the area.

When a property is registered, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

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

The current guideline value of Ayyampalayam Mariamman Kovil 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 from Rs 96 per sq.ft in 2007 to Rs 400 per sq.ft in 2012, then decreased to Rs 268 per sq.ft in 2017, and has remained at Rs 400 per sq.ft in 2023 and 2024.

What is the median guideline value in Kavundapadi?

The median guideline value in Kavundapadi is Rs 600 per sq.ft, with Ayyampalayam Mariamman Kovil Street's current value being below this median.

What are the stamp duty and registration fees for a property in Ayyampalayam Mariamman Kovil Street?

For a 1,000 sq.ft plot, the total guideline value is Rs 4,00,000. The stamp duty would be Rs 28,000, and the registration fee would be Rs 8,000, totaling Rs 36,000.

Which office handles property registrations for Ayyampalayam Mariamman Kovil Street?

The Kavundapadi Sub Registrar Office handles property registrations for Ayyampalayam Mariamman Kovil Street, located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone.