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Guideline Value

Corporate

Guideline Value for A V P ROAD MUTHU GOPAL NAGAR

₹890/sq.ft.

The guideline value for A V P Road Muthu Gopal Nagar in Velampalayam village (Tiruppur Joint Ii SRO, Coimbatore zone) is Rs 890 per sq.ft, effective 1 July 2024. It was Rs 800 per sq.ft from 1 April 2023, a 11% change. The land classification is Mixed Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Velampalayam

Village

Tiruppur Joint II

SRO

Mixed Type - I
History
Period Guideline Value
From 1-7-2024 ₹890 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹800 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960035
[email protected]

DRO (District Registrar Office)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960044
[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on A V P Road Muthu Gopal Nagar

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A V P Road Muthu Gopal Nagar guideline value

The current guideline value of A V P Road Muthu Gopal Nagar is Rs 890 per sq.ft, effective from 1 July 2024. This area is located in Velampalayam village and falls under the Tiruppur Joint II SRO. The land classification for this street is Mixed Type - I.

How the guideline value of A V P Road Muthu Gopal Nagar has changed

The guideline value for A V P Road Muthu Gopal Nagar has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 890 per sq.ft, an increase from Rs 800 per sq.ft in the 2023 revision. This represents an increase of 11% from the previous year. Looking further back, the value was Rs 536 per sq.ft in 2017, which reflects a significant increase of 49% to the 2023 figure. However, from 2012 to 2017, the value decreased by 33%, with the 2012 revision also at Rs 800 per sq.ft.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 11%.

Guideline values in Velampalayam

In Velampalayam, there are 472 streets under the Tiruppur Joint II SRO with a 2024 guideline value ranging from Rs 701 to Rs 4,480 per sq.ft. The median guideline value for the village is Rs 711 per sq.ft, placing A V P Road Muthu Gopal Nagar above this median at Rs 890 per sq.ft.

Stamp duty and registration fee for property in A V P Road Muthu Gopal Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 890 per sq.ft, the total guideline value amounts to Rs 8,90,000. The stamp duty at 7% would be Rs 62,300, while the registration fee at 2% would be Rs 17,800, making the total cost for these fees Rs 80,100. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for further assistance.

Which Sub Registrar Office covers A V P Road Muthu Gopal Nagar?

The A V P Road Muthu Gopal Nagar area is covered by the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during property registration in Velampalayam. It determines the minimum value at which a property can be registered and is used to calculate the stamp duty and registration fees payable by the buyer.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, reflecting the current market conditions. It is essential for both buyers and sellers to be aware of the guideline value in order to facilitate a smooth registration process.

Frequently asked questions

What is the current guideline value of A V P Road Muthu Gopal Nagar?

The current guideline value of A V P Road Muthu Gopal Nagar is Rs 890 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 800 per sq.ft in 2023 to Rs 890 per sq.ft in 2024, marking an increase of 11%. It was Rs 536 per sq.ft in 2017, which shows a rise of 49% to the 2023 figure.

What are the stamp duty rates for property transactions?

The stamp duty for property transactions is charged at 7% of the guideline value or sale price, whichever is higher. Additionally, a registration fee of 2% is applicable.

Where can I find the Sub Registrar Office for A V P Road Muthu Gopal Nagar?

The Sub Registrar Office covering A V P Road Muthu Gopal Nagar is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

What is the median guideline value in Velampalayam?

The median guideline value in Velampalayam is Rs 711 per sq.ft, with A V P Road Muthu Gopal Nagar's value of Rs 890 per sq.ft being above this median.