Guideline Value for Ayyavu Pannadi Road

Ayyavu Pannadi Road guideline value

The current guideline value of Ayyavu Pannadi Road is Rs 1,002 per sq.ft, effective from 1 July 2024. This road is located in Kumarapalayam village, under the Coimbatore South Joint 1 SRO, and is classified as Residential Class II Type - I.

How the guideline value of Ayyavu Pannadi Road has changed

The guideline value for Ayyavu Pannadi Road has seen several revisions over the years. The register has no figure 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 1,002 per sq.ft in 2024, showing a change of +0% from the previous year.

Prior to the 2023 revision, the register does not contain any figures for the specified years. The most recent revision reflects a slight increase, indicating a stable guideline value for this road.

Guideline values in Kumarapalayam

Kumarapalayam has a total of 290 streets under the Coimbatore South Joint 1 SRO, with guideline values ranging from Rs 1,000 to Rs 2,750 per sq.ft. The median guideline value in this area is Rs 1,001 per sq.ft, placing Ayyavu Pannadi Road's 2024 figure above the median.

• Ayyavu Road-I: Rs 1,002 per sq.ft (2024)
• Ayyavu Road-II: Rs 1,002 per sq.ft (2024)
• Balaji Nagar: Rs 1,002 per sq.ft (2024)
• Arumuga Udayar Street: Rs 1,002 per sq.ft (2024)
• Bharathi Road: Rs 1,000 per sq.ft (2024)
• Aruljothi Nagar: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Ayyavu Pannadi Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,002 per sq.ft, the total guideline value amounts to Rs 10,02,000. The stamp duty at 7% would be Rs 70,140, while the registration fee at 2% would be Rs 20,040, bringing the total cost for these fees to Rs 90,180. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher.

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

Which Sub Registrar Office covers Ayyavu Pannadi Road?

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

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

The guideline value plays a crucial role in the registration process when buying or selling property in Kumarapalayam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency in property transactions.

When a property is sold, the guideline value is used to calculate applicable fees such as stamp duty and registration fees. This ensures that the government receives the appropriate revenue based on the property's assessed value.

Frequently asked questions

What is the current guideline value of Ayyavu Pannadi Road?

The current guideline value of Ayyavu Pannadi Road is Rs 1,002 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Ayyavu Pannadi Road has changed from Rs 1,000 per sq.ft in 2023 to Rs 1,002 per sq.ft in 2024. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the median guideline value in Kumarapalayam?

The median guideline value in Kumarapalayam is Rs 1,001 per sq.ft, with Ayyavu Pannadi Road's 2024 figure being above this median.

How are stamp duty and registration fees calculated?

Stamp duty is calculated at 7% of the guideline value, while the registration fee is 2% of the guideline value. These fees are based on the higher of the guideline value or the sale price.

Where can I find the Sub Registrar Office for Ayyavu Pannadi Road?

The Sub Registrar Office for Ayyavu Pannadi Road is located at No.410a, Raja Street, Coimbatore-641001. You can find more information about your SRO through the provided link.