Guideline Value for Ayyampalayam Mariamman Kovil Street

Ayyampalayam Mariamman Kovil Street guideline value

The current guideline value of Ayyampalayam Mariamman 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, classified as Residential Special Type - I.

How the guideline value of Ayyampalayam Mariamman Kovil Street has changed

Over the years, the guideline value of Ayyampalayam Mariamman Kovil Street has seen several revisions. The most recent revision in 2023 set the guideline value at Rs 200 per sq.ft, which is a significant increase of 100% from the Rs 100 per sq.ft recorded in the 2017 revision. Prior to that, the value was Rs 150 per sq.ft in 2012, reflecting a decrease of 33% from the previous revision. In 2007, the guideline value was Rs 75 per sq.ft, indicating a 100% increase to the 2012 figure.

Overall, from the 2007 revision to the 2023 revision, there has been an increase of 167%. It is important to note that the register has no figures for the years 2002, 2003, and 2024 for this street.

Guideline values in Samalapuram

Currently, there are no specific guideline values provided for other streets in Samalapuram. Ayyampalayam Mariamman Kovil Street stands out with its guideline value of Rs 200 per sq.ft as of 2023.

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 200 per sq.ft, the total 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, bringing the total fees together to Rs 18,000. It is essential to note that duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Ayyampalayam Mariamman Kovil Street?

The Ayyampalayam Mariamman 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.

For more information, you can find your SRO.

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

The guideline value is a critical factor in the registration process when buying or selling property in Samalapuram. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value helps ensure that the transaction is recorded accurately, reflecting the official value set by the authorities. This process is essential for maintaining transparency in 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 200 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

Since 2007, the guideline value has increased from Rs 75 per sq.ft to Rs 200 per sq.ft in 2023, marking an overall increase of 167%. The most notable change occurred between 2017 and 2023, where the value rose by 100%.

What is the land classification for Ayyampalayam Mariamman Kovil Street?

Ayyampalayam Mariamman Kovil Street is classified as Residential Special Type - I, which indicates its designated use for residential purposes.

Where is the Sulur Sub Registrar Office located?

The Sulur Sub Registrar Office is located at Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402, Coimbatore registration zone.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For instance, for a 1,000 sq.ft plot at the current rate, the total fees would amount to Rs 18,000.