Guideline Value for Ayyar Layout

Ayyar Layout guideline value

The current guideline value of Ayyar Layout, located in Uppilipalayam village under the Singanallur SRO, is Rs 1,232 per sq.ft. This value is effective from 1 July 2024 and falls under the Residential Class I Type - II land classification.

How the guideline value of Ayyar Layout has changed

Over the years, the guideline value for Ayyar Layout has seen several revisions. The 2012 revision recorded a value of Rs 1,100 per sq.ft, which then decreased to Rs 737 per sq.ft in 2017. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value back up to Rs 1,100 per sq.ft. The most recent revision in 2024 has set the guideline value at Rs 1,232 per sq.ft, marking a 12% increase from the previous year.

The register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 12%.

Guideline values in Uppilipalayam

In Uppilipalayam, there are 361 streets under the Singanallur SRO, with the 2024 guideline values ranging from Rs 1,001 to Rs 6,160 per sq.ft. The median guideline value for these streets is Rs 1,232 per sq.ft, which is equal to the current value of Ayyar Layout.

• Ayyappa naidu street: Rs 1,002 per sq.ft (2024)
• Badrakaliyamman koil street: Rs 1,002 per sq.ft (2024)
• Bajanai Kovil Street: Rs 1,002 per sq.ft (2024)
• A.V.M Garden: Rs 1,680 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 Ayyar Layout

For a 1,000 sq.ft plot at the current guideline value of Rs 1,232 per sq.ft, the total guideline value would be Rs 12,32,000. The stamp duty is charged at 7%, amounting to Rs 86,240, while the registration fee is 2%, totaling Rs 24,640. Therefore, the combined cost for stamp duty and registration fee would be Rs 1,10,880. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ayyar Layout?

The Ayyar Layout is covered by the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111. For more information, you can find your SRO.

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

The guideline value is a crucial factor when buying or selling property in Uppilipalayam. It serves as a benchmark for determining the minimum value of a property during registration. Buyers and sellers should be aware that the guideline value influences the calculation of stamp duty and registration fees, which are mandatory costs in any property transaction.

When a property is registered, the authorities will refer to the guideline value to ensure that the sale price is in line with the market standards. This helps maintain transparency and fairness in property transactions within the region.

Frequently asked questions

What is the current guideline value of Ayyar Layout?

The current guideline value of Ayyar Layout is Rs 1,232 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,100 per sq.ft in 2012 to Rs 737 per sq.ft in 2017, then back to Rs 1,100 per sq.ft in 2023, and finally to Rs 1,232 per sq.ft in 2024.

What is the land classification of Ayyar Layout?

Ayyar Layout falls under the Residential Class I Type - II land classification.

Which Sub Registrar Office handles registrations for Ayyar Layout?

The Singanallur Sub Registrar Office is responsible for handling registrations for Ayyar Layout, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.

How is stamp duty calculated for properties in Ayyar Layout?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 1,232 per sq.ft, the stamp duty would be Rs 86,240.