Guideline Value for Ayyavu Road-I

Ayyavu Road-I guideline value

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

How the guideline value of Ayyavu Road-I has changed

The guideline value for Ayyavu Road-I has undergone several revisions. The most recent revision in 2024 set the value at Rs 1,002 per sq.ft, while the previous revision in 2023 was Rs 1,000 per sq.ft. There were no figures available for the years 2017, 2012, 2007, 2003, and 2002 in the register for this street.

From 2023 to 2024, there was no change in the guideline value, remaining at Rs 1,002 per sq.ft. This indicates a stable valuation for the property over this period.

Guideline values in Kumarapalayam

Kumarapalayam village 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 for these streets is Rs 1,001 per sq.ft, placing Ayyavu Road-I's 2024 figure above that median.

• Ayyavu Pannadi Road: 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 Road-I

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, totaling Rs 90,180. It is important to note that 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 Ayyavu Road-I?

The Sub Registrar Office that covers Ayyavu Road-I is 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 details.

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

The guideline value is a crucial factor during the registration of property transactions in Kumarapalayam. It serves as a benchmark for calculating the stamp duty and registration fees that are payable when a property is bought or sold.

When you register a property, the guideline value helps ensure that the transaction is officially recorded at a value that reflects the current market conditions. This is important for maintaining transparency and accountability in real estate transactions.

Frequently asked questions

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

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

How has the guideline value changed over the years?

Over the years, the guideline value for Ayyavu Road-I has seen revisions, with the most recent being Rs 1,002 per sq.ft in 2024, and Rs 1,000 per sq.ft in 2023. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002.

What is the land classification for Ayyavu Road-I?

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

What are the stamp duty and registration fees for properties in Ayyavu Road-I?

For a property valued at Rs 10,02,000, the stamp duty would be Rs 70,140 and the registration fee would be Rs 20,040, totaling Rs 90,180. These fees are based on the guideline value.

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

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