Guideline Value

Corporate

Guideline Value for Ayyasamy Garden

₹550/sq.ft.

The guideline value for Ayyasamy Garden in P. Chettipalayam village (Coimbatore South Joint 1 SRO, Coimbatore zone) is Rs 550 per sq.ft, effective 1 July 2024. It was Rs 500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

P. Chettipalayam

Village

Coimbatore South Joint 1

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹550 /sq.ft.
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 N/A
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)

Coimbatore South Joint 1 Sub Registrar Office, No.410a, Raja Street, Coimbatore-641001
0422-2304592
[email protected]

DRO (District Registrar Office)

District Registrar Office Coimbatore (south), Fifth Floor, Singapore Plaza, Crosscut Road, Gandhipuram, Coimbatore 641012.
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[email protected], [email protected]

DIG (Deputy Inspector General)

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

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Ayyasamy Garden guideline value

The current guideline value of Ayyasamy Garden in P. Chettipalayam village is Rs 550 per sq.ft, effective from 1 July 2024. This property falls under the Coimbatore South Joint 1 SRO and is classified as Residential Class I Type - II.

How the guideline value of Ayyasamy Garden has changed

The guideline value for Ayyasamy Garden has seen revisions over the years. The register has no figure for this street in 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 500 per sq.ft. The most recent revision in 2024 increased this value to Rs 550 per sq.ft, marking a change of +10% from the previous year.

As of the 2024 revision, the guideline value stands at Rs 550 per sq.ft. This reflects an increase from the 2023 revision, where the value was Rs 500 per sq.ft. The consistent updates in the guideline value ensure that it remains aligned with the current market conditions.

Guideline values in P. Chettipalayam

P. Chettipalayam has a total of 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 the village is Rs 470 per sq.ft, placing Ayyasamy Garden's 2024 figure above that median.

Stamp duty and registration fee for property in Ayyasamy Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value would be Rs 5,50,000. The stamp duty at 7% would amount to Rs 38,500, and the registration fee at 2% would be Rs 11,000, bringing the total charges to Rs 49,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more accurate calculations based on your specific property details.

Which Sub Registrar Office covers Ayyasamy Garden?

The Ayyasamy Garden area is covered by the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. For more information, you can find your SRO.

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

When buying or selling property in P. Chettipalayam, the guideline value plays a crucial role during the registration process. It is used to determine the applicable stamp duty and registration fees, which are essential for the legal transfer of property ownership.

It is important for buyers and sellers to be aware of the current guideline value, as it can significantly affect the overall costs involved in a property transaction. The guideline value ensures that the property is registered at a price that reflects its current market standing.

Frequently asked questions

What is the current guideline value of Ayyasamy Garden?

The current guideline value of Ayyasamy Garden is Rs 550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Ayyasamy Garden has changed from Rs 500 per sq.ft in 2023 to Rs 550 per sq.ft in 2024, reflecting a 10% increase. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017 in the register.

What are the other streets in P. Chettipalayam with their guideline values?

Other streets in P. Chettipalayam have varying guideline values. For example, Ayyasamy Naidu Street is valued at Rs 330 per sq.ft, while Ayyan Thottam Gandhi Nagar is at Rs 220 per sq.ft.

How is stamp duty calculated for properties in Ayyasamy Garden?

Stamp duty for properties in Ayyasamy Garden is calculated at 7% of the guideline value or the sale price, whichever is higher. For a plot valued at Rs 5,50,000, the stamp duty would be Rs 38,500.

Where is the Sub Registrar Office for Ayyasamy Garden located?

The Sub Registrar Office covering Ayyasamy Garden is located at No.410a, Raja Street, Coimbatore-641001. This office handles the registration of property transactions in the area.