Guideline Value for Ayyavu Boyar Lane

Ayyavu Boyar Lane guideline value

The current guideline value of Ayyavu Boyar Lane is Rs 1,003 per sq.ft. This lane is located in Kuniyamuthur village, under the Coimbatore South Joint 1 SRO. The land classification for this area is Residential Class II Type - II.

How the guideline value of Ayyavu Boyar Lane has changed

The guideline value for Ayyavu Boyar Lane has seen several revisions over the years. The register has no figure for this street for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the value was Rs 1,000 per sq.ft, which was then updated to Rs 1,003 per sq.ft in the 2024 revision, reflecting a change of +0% between these two years.

The current value of Rs 1,003 per sq.ft is consistent with the median guideline value for residential properties in Kuniyamuthur for 2024, which ranges from Rs 1,000 to Rs 1,550 per sq.ft.

Guideline values in Kuniyamuthur

In Kuniyamuthur, there are 410 streets under the Coimbatore South Joint 1 SRO that carry a 2024 guideline value. The values for these streets range from Rs 1,000 to Rs 1,550 per sq.ft, with the median being Rs 1,003 per sq.ft. Ayyavu Boyar Lane's 2024 figure matches this median.

• Ayyasamy Pannadi Street: Rs 1,003 per sq.ft (2024)
• Ayyasamy Naicker Street: Rs 1,001 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 Ayyavu Boyar Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 1,003 per sq.ft, the total guideline value amounts to Rs 10,03,000. The stamp duty at 7% would be Rs 70,210, while the registration fee at 2% would be Rs 20,060, leading to a total of Rs 90,270. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Ayyavu Boyar Lane?

The Sub Registrar Office that covers Ayyavu Boyar Lane is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Kuniyamuthur, as it determines the amount of stamp duty and registration fees payable during the registration process. Buyers and sellers must refer to the guideline value to ensure compliance with local regulations and to accurately calculate the associated costs.

When a property is sold, the guideline value is used to assess the minimum value for taxation purposes. This ensures that the government receives appropriate revenue from property transactions based on the established guideline values.

Frequently asked questions

What is the current guideline value of Ayyavu Boyar Lane?

The current guideline value of Ayyavu Boyar Lane is Rs 1,003 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Ayyavu Boyar Lane has seen revisions in 2023 and 2024, with the value changing from Rs 1,000 per sq.ft in 2023 to Rs 1,003 per sq.ft in 2024. The register has no figure for this street for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification of Ayyavu Boyar Lane?

Ayyavu Boyar Lane is classified as Residential Class II Type - II, indicating its suitability for residential development.

What are the stamp duty rates for properties in Ayyavu Boyar Lane?

The stamp duty for properties in Ayyavu Boyar Lane is charged at 7% of the guideline value or sale price, whichever is higher. Additionally, a registration fee of 2% applies.

Where can I find the Sub Registrar Office for Ayyavu Boyar Lane?

The Sub Registrar Office for Ayyavu Boyar Lane is located at No.410a, Raja Street, Coimbatore-641001, Coimbatore registration zone. You can find more information by following the provided link.