Guideline Value for Ayyan valasu Main Road (370,632)

Ayyan valasu Main Road (370,632) guideline value

The current guideline value of Ayyan valasu Main Road (370,632) is Rs 200 per sq.ft, effective from 1 July 2024. This road is located in Pallapalayam village, under the Kavundapadi SRO, and falls under the Residential Class III Type - V land classification.

How the guideline value of Ayyan valasu Main Road (370,632) has changed

The guideline value for Ayyan valasu Main Road has seen several revisions over the years. In 2007, the value was set at Rs 21 per sq.ft, which increased significantly to Rs 150 per sq.ft in 2012, marking a 614% rise. However, the value then decreased to Rs 100 per sq.ft in 2017, reflecting a decline of 33%. From 2017 to 2023, the value doubled to Rs 200 per sq.ft, showing a 100% increase. The guideline value remained unchanged at Rs 200 per sq.ft from 2023 to 2024.

The register has no figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 852%.

Guideline values in Pallapalayam

In Pallapalayam, there are 41 streets under the Kavundapadi SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 226 per sq.ft, with the median value being Rs 200 per sq.ft. Ayyan valasu Main Road's 2024 figure aligns with this median.

• Avarakattu valasu Main Road (563): Rs 200 per sq.ft (2024)
• Bharathiyar Street (121/2): Rs 200 per sq.ft (2024)
• Anna colony Makaliamman Kovil Street (563): Rs 200 per sq.ft (2024)
• Boondikattuvalasu (484/12): Rs 200 per sq.ft (2024)
• Ellese Pettai (691): Rs 226 per sq.ft (2024)
• Erode Road (677/2): Rs 226 per sq.ft (2024)

Stamp duty and registration fee for property in Ayyan valasu Main Road (370,632)

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. 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 valasu Main Road (370,632)?

The Sub Registrar Office that covers Ayyan valasu Main Road is 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 Pallapalayam

The guideline value plays a crucial role during the registration of property transactions in Pallapalayam. It is used to determine the stamp duty and registration fees that buyers must pay when purchasing property in the area.

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

Frequently asked questions

What is the current guideline value of Ayyan valasu Main Road?

The current guideline value of Ayyan valasu Main Road (370,632) 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 21 per sq.ft in 2007 to Rs 200 per sq.ft in 2024, reflecting an overall increase of 852% over the years.

Which Sub Registrar Office covers Ayyan valasu Main Road?

The Kavundapadi Sub Registrar Office covers Ayyan valasu Main Road, located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone.

What is the stamp duty for property in Ayyan valasu Main Road?

The stamp duty for property on Ayyan valasu Main Road is 7% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot, the stamp duty would be Rs 14,000.

What are the guideline values of other streets in Pallapalayam?

Other streets in Pallapalayam have guideline values ranging from Rs 200 to Rs 226 per sq.ft, with several streets, including Avarakattu valasu Main Road and Bharathiyar Street, also valued at Rs 200 per sq.ft in 2024.