Guideline Value for Ayyan Thottam

Ayyan Thottam guideline value

The current guideline value of Ayyan Thottam in P. Chettipalayam village is Rs 220 per sq.ft, effective from 1 July 2024. This area falls under the Coimbatore South Joint 1 SRO and is classified as Residential Class II Type - II.

How the guideline value of Ayyan Thottam has changed

The guideline value for Ayyan Thottam has seen revisions over the years. The register shows no figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 200 per sq.ft, which increased to Rs 220 per sq.ft in the 2024 revision, marking a change of +10%.

Prior to the 2023 revision, there were no figures available for the years mentioned. The 2024 figure of Rs 220 per sq.ft is the most current and reflects the latest assessment of property values in this area.

Guideline values in P. Chettipalayam

P. Chettipalayam has 240 streets under the Coimbatore South Joint 1 SRO, with guideline values ranging from Rs 220 to Rs 1,300 per sq.ft. The median guideline value in this village is Rs 470 per sq.ft, making Ayyan Thottam's current figure below that median.

• Ayyan Thottam Gandhi Nagar: Rs 220 per sq.ft (2024)
• Ayyasamy Garden: Rs 550 per sq.ft (2024)
• Ayyasamy Naidu Street: Rs 330 per sq.ft (2024)
• Ayyavu Gounder Street: Rs 330 per sq.ft (2024)
• Ayi Gounder Nagar L.O: Rs 780 per sq.ft (2024)
• Badrakaliamman Lane: Rs 220 per sq.ft (2024)

Stamp duty and registration fee for property in Ayyan Thottam

For a 1,000 sq.ft plot at the current guideline value of Rs 220 per sq.ft, the total guideline value would be Rs 2,20,000. The stamp duty at 7% would amount to Rs 15,400, and the registration fee at 2% would be Rs 4,400, bringing the total fees together to Rs 19,800. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Ayyan Thottam?

The Ayyan Thottam area is covered by the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. You can find your SRO for more information.

How the guideline value is used when you buy or sell in P. Chettipalayam

The guideline value plays a crucial role in property transactions in P. Chettipalayam. It serves as a benchmark for determining the minimum value at which a property can be registered. Buyers and sellers should be aware that the guideline value is used to calculate stamp duty and registration fees during the property registration process.

When buying or selling property, it is essential to consider the guideline value as it ensures compliance with local regulations. The registration office will refer to this value when processing any property transaction to ensure that all fees are accurately assessed.

Frequently asked questions

What is the current guideline value of Ayyan Thottam?

The current guideline value of Ayyan Thottam is Rs 220 per sq.ft, effective from 1 July 2024.

How has the guideline value changed recently?

The guideline value increased from Rs 200 per sq.ft in 2023 to Rs 220 per sq.ft in 2024, reflecting a change of +10%.

What is the land classification of Ayyan Thottam?

Ayyan Thottam is classified as Residential Class II Type - II under the local land classification system.

Where can I find the Sub Registrar Office for Ayyan Thottam?

The Sub Registrar Office covering Ayyan Thottam is located at No.410a, Raja Street, Coimbatore-641001.

How is stamp duty calculated for properties in Ayyan Thottam?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, if the guideline value is Rs 2,20,000, the stamp duty at 7% would be Rs 15,400.