Guideline Value for Ayyavu Gounder Street

Ayyavu Gounder Street guideline value

The current guideline value of Ayyavu Gounder Street is Rs 330 per sq.ft, effective from 1 July 2024. This street is located in P. Chettipalayam village, under the Coimbatore South Joint 1 SRO, and is classified as Residential Class II Type - I.

How the guideline value of Ayyavu Gounder Street has changed

The guideline value for Ayyavu Gounder Street has seen changes over the years. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was set at Rs 300 per sq.ft, which increased by 10% to Rs 330 per sq.ft in the 2024 revision.

This change reflects the most recent update in the guideline value register. The 2024 figure is now established at Rs 330 per sq.ft, marking a notable increase from the previous year.

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 this village is Rs 470 per sq.ft, placing Ayyavu Gounder Street's 2024 figure below that median.

• Ayyasamy Naidu Street: Rs 330 per sq.ft (2024)
• Ayyasamy Garden: Rs 550 per sq.ft (2024)
• Ayyan Thottam Gandhi Nagar: Rs 220 per sq.ft (2024)
• Ayyan Thottam: Rs 220 per sq.ft (2024)
• Badrakaliamman Lane: Rs 220 per sq.ft (2024)
• Bagavathi Amman Kovil Street: Rs 220 per sq.ft (2024)

Stamp duty and registration fee for property in Ayyavu Gounder Street

For a 1,000 sq.ft plot at the current rate of Rs 330 per sq.ft, the guideline value amounts to Rs 3,30,000. The stamp duty at 7% would be Rs 23,100, and the registration fee at 2% would be Rs 6,600, leading to a total of Rs 29,700. Duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Ayyavu Gounder Street?

The Sub Registrar Office that covers Ayyavu Gounder Street is the Coimbatore South Joint 1 Sub Registrar Office. The office is 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 P. Chettipalayam

The guideline value is a crucial factor in property transactions in P. Chettipalayam. It is used to determine the stamp duty and registration fees applicable when buying or selling property in the area.

When registering a property, the guideline value serves as a benchmark. Buyers must be aware that the duty is charged on the higher of the guideline value and the sale price, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value of Ayyavu Gounder Street?

The current guideline value of Ayyavu Gounder Street is Rs 330 per sq.ft, effective from 1 July 2024.

How has the guideline value changed recently?

In the 2023 revision, the guideline value was Rs 300 per sq.ft, which increased by 10% to Rs 330 per sq.ft in the 2024 revision.

What is the land classification of Ayyavu Gounder Street?

Ayyavu Gounder Street is classified as Residential Class II Type - I.

What are the stamp duty and registration fees for a property in Ayyavu Gounder Street?

For a 1,000 sq.ft plot at Rs 330 per sq.ft, the total guideline value is Rs 3,30,000. The stamp duty would be Rs 23,100, and the registration fee would be Rs 6,600, totaling Rs 29,700.

Where is the Sub Registrar Office for Ayyavu Gounder Street located?

The Sub Registrar Office for Ayyavu Gounder Street is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001.