Guideline Value for Ayyappa naidu street

Ayyappa naidu street guideline value

The current guideline value of Ayyappa naidu street is Rs 1,002 per sq.ft, effective from 1 July 2024. This street is located in Uppilipalayam village, under the Singanallur SRO, and is classified as Residential Class II Type - II.

How the guideline value of Ayyappa naidu street has changed

The guideline value for Ayyappa naidu street has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 1,002 per sq.ft, which is a slight increase from Rs 1,000 per sq.ft in 2023. Prior to that, in 2017, the value was Rs 536 per sq.ft, reflecting an increase of 87% from the previous revision in 2023. The 2012 revision recorded a value of Rs 800 per sq.ft, which was a decrease of 33% from the 2017 figure. Overall, comparing the 2012 and 2024 revisions, there has been a 25% increase.

It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for Ayyappa naidu street.

Guideline values in Uppilipalayam

In Uppilipalayam, there are 361 streets under the Singanallur SRO that carry a 2024 guideline value ranging from Rs 1,001 to Rs 6,160 per sq.ft, with a median value of Rs 1,232 per sq.ft. Ayyappa naidu street's 2024 guideline value is below this median.

• Ayyar Layout: Rs 1,232 per sq.ft (2024)
• Badrakaliyamman koil street: Rs 1,002 per sq.ft (2024)
• A.V.M Garden: Rs 1,680 per sq.ft (2024)
• Bajanai Kovil Street: Rs 1,002 per sq.ft (2024)
• Baladhandautham Nagar: Rs 2,016 per sq.ft (2024)
• Baladhandauthapuram: Rs 2,016 per sq.ft (2024)

Stamp duty and registration fee for property in Ayyappa naidu street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,002 per sq.ft, the total guideline value would be Rs 10,02,000. The stamp duty at 7% would amount to Rs 70,140, and the registration fee at 2% would be Rs 20,040, making the total fees Rs 90,180. It is important to note that duty is charged on the higher of the guideline value and the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ayyappa naidu street?

The Sub Registrar Office that covers Ayyappa naidu street is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, 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 Uppilipalayam

The guideline value is an essential factor in the registration process when buying or selling property in Uppilipalayam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the state receives appropriate revenue through stamp duty and registration fees.

Frequently asked questions

What is the current guideline value of Ayyappa naidu street?

The current guideline value of Ayyappa naidu street is Rs 1,002 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Ayyappa naidu street has changed from Rs 800 per sq.ft in 2012 to Rs 1,002 per sq.ft in 2024, reflecting a 25% increase overall. It saw an 87% increase from Rs 536 per sq.ft in 2017 to Rs 1,000 per sq.ft in 2023.

What are the stamp duty and registration fees for properties in Ayyappa naidu street?

The stamp duty for properties in Ayyappa naidu street is 7%, while the registration fee is 2%. For a property valued at Rs 10,02,000, the total fees would amount to Rs 90,180.

Which Sub Registrar Office is responsible for Ayyappa naidu street?

The Singanallur Sub Registrar Office is responsible for Ayyappa naidu street, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.

What is the land classification for Ayyappa naidu street?

Ayyappa naidu street is classified as Residential Class II Type - II, indicating its intended use for residential purposes.