Guideline Value for A B T MAIN ROAD

A B T Main Road guideline value

The current guideline value of A B T Main Road is Rs 1,375 per sq.ft, effective from 1 July 2024. This road is located in Ward - M village, under the Tiruppur Joint II SRO, and is classified as Residential Class II Type - I.

How the guideline value of A B T Main Road has changed

The guideline value for A B T Main Road has seen several revisions over the years. In 2007, the value was Rs 695 per sq.ft. This increased to Rs 1,250 per sq.ft in 2012, marking an 80% rise. However, it then decreased to Rs 837 per sq.ft in 2017, showing a decline of 33%. The value rose significantly again to Rs 1,250 per sq.ft in 2023, and currently stands at Rs 1,375 per sq.ft from the 2024 revision, reflecting a 10% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 98%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Ward - M

In Ward - M, there are 225 streets under the Tiruppur Joint II SRO with a 2024 guideline value ranging from Rs 701 to Rs 6,600 per sq.ft. The median value for these streets is Rs 1,100 per sq.ft, placing A B T Main Road's 2024 figure above that median.

• Alangadu: Rs 880 per sq.ft (2024)
• Alangadu 1st Street: Rs 880 per sq.ft (2024)
• Alangadu 2nd Street: Rs 880 per sq.ft (2024)
• Alangadu 3rd Street: Rs 880 per sq.ft (2024)
• Alangadu 4th Street: Rs 880 per sq.ft (2024)
• Alangadu 5th Street: Rs 880 per sq.ft (2024)

Stamp duty and registration fee for property in A B T Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,375 per sq.ft, the total guideline value would be Rs 13,75,000. The stamp duty at 7% would amount to Rs 96,250, and the registration fee at 2% would be Rs 27,500, making the total fees together Rs 1,23,750. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers A B T Main Road?

A B T Main Road falls under the Tiruppur Joint II Sub Registrar Office located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, 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 Ward - M

The guideline value is a crucial factor when registering property transactions in Ward - M. It determines the stamp duty and registration fees that buyers and sellers must pay during the registration process.

When purchasing property, the guideline value serves as a benchmark to ensure that the transaction is registered at a fair value. It is essential for both buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of A B T Main Road?

The current guideline value of A B T Main Road is Rs 1,375 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 695 per sq.ft in 2007 to Rs 1,375 per sq.ft in 2024, showing an overall increase of 98% over the years.

What are the stamp duty and registration fees for properties on A B T Main Road?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 96,250 and the registration fee would be Rs 27,500, totaling Rs 1,23,750.

Which Sub Registrar Office handles A B T Main Road?

The Tiruppur Joint II Sub Registrar Office handles A B T Main Road, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.

What is the land classification for A B T Main Road?

A B T Main Road is classified as Residential Class II Type - I, indicating its suitability for residential development.