Guideline Value

Corporate

Guideline Value for Ayyappa Nagar

₹1100/sq.ft.

The guideline value for Ayyappa Nagar in Vadavalli village (Vadavalli SRO, Coimbatore zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Vadavalli

Village

Vadavalli

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Subregistrar Office, Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046
0422-2425260
[email protected]

DRO (District Registrar Office)

District Registara Office, Syriyan Church Road, Corporation Marriage Hall, Coimbatore -641001
0422-2300722
[email protected],[email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Ayyappa Nagar

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Ayyappa Nagar guideline value

The current guideline value of Ayyappa Nagar is Rs 1,100 per sq.ft, effective from 1 July 2024. This residential area is located in Vadavalli village, under the Vadavalli SRO, which classifies the land as Residential Class I Type - I.

How the guideline value of Ayyappa Nagar has changed

Over the years, the guideline value of Ayyappa Nagar has seen several revisions. The 2012 revision set the value at Rs 1,000 per sq.ft, which then dropped to Rs 670 per sq.ft in the 2017 revision. This was a decrease of 33%. However, the value increased significantly to Rs 1,000 per sq.ft in the 2023 revision, marking a 49% increase from the 2017 figure. The latest revision in 2024 has further raised the guideline value to Rs 1,100 per sq.ft, reflecting a 10% increase from the previous year.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for Ayyappa Nagar. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Vadavalli

In Vadavalli, there are 461 streets under the Vadavalli SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 2,200 per sq.ft. The median guideline value for these streets is Rs 1,100 per sq.ft, which matches the current value for Ayyappa Nagar.

Stamp duty and registration fee for property in Ayyappa Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty is charged at 7%, which totals Rs 77,000, and the registration fee is charged at 2%, amounting to Rs 22,000. Therefore, the total cost for stamp duty and registration fee together is Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can also use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Ayyappa Nagar?

The Sub Registrar Office that covers Ayyappa Nagar is the Vadavalli Sub Registrar Office. The address is Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046, in the Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in property transactions in Vadavalli. When you buy or sell property, the guideline value is used to determine the stamp duty and registration fees that need to be paid at the time of registration. This ensures that the transaction is recorded accurately and that the appropriate taxes are collected by the government.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly impacts the financial aspects of the transaction. The guideline value serves as a benchmark for property pricing, ensuring that all parties involved are informed of the value recognized by the government.

Frequently asked questions

What is the current guideline value of Ayyappa Nagar?

The current guideline value of Ayyappa Nagar is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has undergone several revisions, with the most recent being Rs 1,100 per sq.ft in 2024, up from Rs 1,000 per sq.ft in 2023. The value was Rs 670 per sq.ft in 2017 and Rs 1,000 per sq.ft in 2012.

What are the stamp duty and registration fees for property in Ayyappa Nagar?

For a 1,000 sq.ft plot at the current guideline value, the total guideline value is Rs 11,00,000. The stamp duty at 7% amounts to Rs 77,000, and the registration fee at 2% is Rs 22,000, totaling Rs 99,000 for both fees.

Which office handles property registrations in Ayyappa Nagar?

The Vadavalli Sub Registrar Office handles property registrations for Ayyappa Nagar. Its address is Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.

What is the significance of the guideline value in property transactions?

The guideline value is used to determine the stamp duty and registration fees during property transactions. It serves as a benchmark for property pricing and ensures that the transaction is recorded accurately with the government.