Guideline Value for Ayyavu Thevar Sandhu

Ayyavu Thevar Sandhu guideline value

The current guideline value of Ayyavu Thevar Sandhu is Rs 784 per sq.ft, effective from 1 July 2024. This street is located in Sulur village, under the Sulur SRO, and is classified as Commercial Class I Type - II.

How the guideline value of Ayyavu Thevar Sandhu has changed

The guideline value for Ayyavu Thevar Sandhu has undergone several revisions over the years. In 2007, the value was Rs 150 per sq.ft, which increased significantly to Rs 700 per sq.ft in 2012. However, it then decreased to Rs 469 per sq.ft in 2017. The 2023 revision saw a rise to Rs 700 per sq.ft, and the most recent revision in 2024 set the value at Rs 784 per sq.ft. There are no figures available for the years 2002 and 2003 for this street.

From 2017 to 2023, the guideline value increased by 49%. The jump from 2023 to 2024 was 12%. Notably, the value surged from Rs 150 per sq.ft in 2007 to Rs 784 per sq.ft in 2024, marking an overall increase of 423% over this period.

Guideline values in Sulur

In Sulur village, there are 228 streets under the Sulur SRO, with guideline values ranging from Rs 280 to Rs 1,400 per sq.ft. The median guideline value is Rs 784 per sq.ft, which is equal to the current value of Ayyavu Thevar Sandhu.

• Ayyavu Udayar Lane: Rs 560 per sq.ft (2024)
• Balagurunadha Jothidar Street: Rs 784 per sq.ft (2024)
• Attali Veerappathevar Nagar: Rs 784 per sq.ft (2024)
• Athavannan Lane: Rs 560 per sq.ft (2024)
• Bank Karuppanath thevar Nagar First street: Rs 784 per sq.ft (2024)
• Bank Karuppannath thevar Street: Rs 784 per sq.ft (2024)

Stamp duty and registration fee for property in Ayyavu Thevar Sandhu

For a 1,000 sq.ft plot at the current guideline value of Rs 784 per sq.ft, the total guideline value would be Rs 7,84,000. The stamp duty at 7% would amount to Rs 54,880, and the registration fee at 2% would be Rs 15,680, totaling Rs 70,560. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Ayyavu Thevar Sandhu?

The Ayyavu Thevar Sandhu street falls under the jurisdiction of the Sulur Sub Registrar Office, located at Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402, Coimbatore registration zone. You can find your SRO for additional information.

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

The guideline value is a crucial factor when registering property transactions in Sulur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value helps both parties understand the fair valuation of the property. It is essential to be aware of these values to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Ayyavu Thevar Sandhu?

The current guideline value of Ayyavu Thevar Sandhu is Rs 784 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 150 per sq.ft in 2007 to Rs 784 per sq.ft in 2024, reflecting an overall increase of 423% over the years.

What is the land classification for Ayyavu Thevar Sandhu?

Ayyavu Thevar Sandhu is classified as Commercial Class I Type - II, indicating its suitability for commercial activities.

What are the stamp duty and registration fees for properties in Ayyavu Thevar Sandhu?

The stamp duty is charged at 7%, while the registration fee is 2% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Ayyavu Thevar Sandhu?

The Sulur Sub Registrar Office covers Ayyavu Thevar Sandhu and is located at Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402, Coimbatore registration zone.