Guideline Value for Ayyavu Road-II

Ayyavu Road-II guideline value

The current guideline value of Ayyavu Road-II is Rs 1,002 per sq.ft. This street 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 Road-II has changed

The guideline value register has no figures for the years 2002, 2003, 2007, 2012, and 2017 for Ayyavu Road-II. The 2023 revision set the guideline value at Rs 1,000 per sq.ft, which was then revised to Rs 1,002 per sq.ft in 2024, reflecting a change of +0% from the previous year.

In summary, the only available revisions for Ayyavu Road-II are from 2023 and 2024, with the latter showing a slight increase in the guideline value. The absence of figures in earlier years indicates that there was no registered guideline value for this street during those periods.

Guideline values in Kumarapalayam

In Kumarapalayam, there are 290 streets under the Coimbatore South Joint 1 SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 2,750 per sq.ft. The median guideline value for these streets is Rs 1,001 per sq.ft, placing Ayyavu Road-II's 2024 figure above this median.

• Ayyavu Road-I: Rs 1,002 per sq.ft (2024)
• Ayyavu Pannadi Road: 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 Road-II

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, and the registration fee at 2% would be Rs 20,040, bringing the total charges to Rs 90,180. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Ayyavu Road-II?

The Ayyavu Road-II falls under the jurisdiction of the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001, in the Coimbatore registration zone. You can find your SRO for more information.

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

When buying or selling property in Kumarapalayam, the guideline value plays a crucial role during the registration process. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

Both buyers and sellers should be aware that the guideline value is used to assess the official value of the property, which in turn affects the overall costs involved in the registration of the property. Accurate knowledge of the guideline value helps in making informed decisions during the property transaction process.

Frequently asked questions

What is the current guideline value of Ayyavu Road-II?

The current guideline value of Ayyavu Road-II 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 Road-II was Rs 1,000 per sq.ft in 2023 and increased to Rs 1,002 per sq.ft in 2024. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017.

What is the median guideline value in Kumarapalayam?

The median guideline value for streets in Kumarapalayam is Rs 1,001 per sq.ft. Ayyavu Road-II's 2024 figure is above this median value.

What are the stamp duty and registration fees for Ayyavu Road-II?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty is Rs 70,140, and the registration fee is Rs 20,040, leading to a total of Rs 90,180.

Where is the Sub Registrar Office for Ayyavu Road-II located?

The Sub Registrar Office covering Ayyavu Road-II is located at No.410a, Raja Street, Coimbatore-641001, under the Coimbatore South Joint 1 SRO.