Guideline Value for Ayyasamy Naicker Street

Ayyasamy Naicker Street guideline value

The current guideline value of Ayyasamy Naicker Street in Kuniyamuthur village is Rs 1,001 per sq.ft, effective from 1 July 2024. This street falls under the Coimbatore South Joint 1 SRO and is classified as Residential Class I Type - III.

How the guideline value of Ayyasamy Naicker Street has changed

The guideline value for Ayyasamy Naicker Street has undergone several revisions over the years. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 1,000 per sq.ft, which was then revised to Rs 1,001 per sq.ft in 2024, reflecting a change of +0%.

As a result, the most recent value is Rs 1,001 per sq.ft, which is a slight increase from the previous year's figure of Rs 1,000 per sq.ft. The consistent value over the last two revisions indicates stability in the guideline value for this street.

Guideline values in Kuniyamuthur

In Kuniyamuthur, there are 410 streets under the Coimbatore South Joint 1 SRO, with guideline values ranging from Rs 1,000 to Rs 1,550 per sq.ft. The median guideline value is Rs 1,003 per sq.ft, placing Ayyasamy Naicker Street's 2024 figure below this median.

• Ayyasamy Pannadi Street: Rs 1,003 per sq.ft (2024)
• Ayyavu Boyar Lane: Rs 1,003 per sq.ft (2024)
• Ayyavu Nagar Layout: Rs 1,003 per sq.ft (2024)
• Badrakaliamman Kovil Street: Rs 1,003 per sq.ft (2024)
• Badrakaliamman Pudur Oorkattu: Rs 1,003 per sq.ft (2024)
• Balaji Nagar: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Ayyasamy Naicker Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,001 per sq.ft, the total guideline value would be Rs 10,01,000. The stamp duty at 7% would amount to Rs 70,070, while the registration fee at 2% would be Rs 20,020, bringing the total cost to Rs 90,090. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Ayyasamy Naicker Street?

The Ayyasamy Naicker Street is covered by the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. You can find your SRO for further assistance.

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

When buying or selling property in Kuniyamuthur, the guideline value plays a crucial role during the registration process. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that all transactions are recorded fairly.

The guideline value is also used to calculate the stamp duty and registration fees, which are essential costs in the property transaction process. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during the registration of their property.

Frequently asked questions

What is the current guideline value of Ayyasamy Naicker Street?

The current guideline value of Ayyasamy Naicker Street is Rs 1,001 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Ayyasamy Naicker Street has seen revisions, with the most recent being Rs 1,001 per sq.ft in 2024, up from Rs 1,000 per sq.ft in 2023. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Ayyasamy Naicker Street?

Ayyasamy Naicker Street is classified as Residential Class I Type - III, indicating its suitability for residential purposes.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 10,01,000, the stamp duty would be Rs 70,070 and the registration fee would be Rs 20,020, totaling Rs 90,090. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office covers Ayyasamy Naicker Street?

The Coimbatore South Joint 1 Sub Registrar Office covers Ayyasamy Naicker Street, located at No.410a, Raja Street, Coimbatore-641001.