Guideline Value for A.S.A AVENUE

A.S.A Avenue guideline value

The current guideline value of A.S.A Avenue in Thottipalayam village is Rs 703 per sq.ft, effective from 1 July 2024. This street falls under the Thottipalayam SRO and is classified as Residential Class III Type - I.

How the guideline value of A.S.A Avenue has changed

The guideline value for A.S.A Avenue has seen several revisions over the years. In 2012, the value was Rs 605 per sq.ft, which then changed to Rs 405 per sq.ft in 2017. This marked a decrease of 33%. However, from 2017 to 2023, the value increased significantly to Rs 700 per sq.ft, a rise of 73%. The most recent revision in 2024 set the guideline value at Rs 703 per sq.ft, reflecting no change from the previous year.

There are no figures available for the revisions in 2002, 2003, and 2007 for A.S.A Avenue. Overall, from 2012 to 2024, the guideline value has increased by 16%.

Guideline values in Thottipalayam

In Thottipalayam, there are 99 streets under the Thottipalayam SRO with a 2024 guideline value ranging from Rs 700 to Rs 2,800 per sq.ft. The median value for these streets is Rs 806 per sq.ft, which means A.S.A Avenue's 2024 figure is below this median.

• Avinashinagar: Rs 703 per sq.ft (2024)
• Ayyappa Nagar: Rs 1,110 per sq.ft (2024)
• Aninashi Nagar Extension: Rs 703 per sq.ft (2024)
• Angeripalayam East (Near By Nallaru South): Rs 702 per sq.ft (2024)
• Angeripalayam East: Rs 702 per sq.ft (2024)
• Bharathi Nagar (Near By Karupparayan Kovil): Rs 806 per sq.ft (2024)

Stamp duty and registration fee for property in A.S.A Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 703 per sq.ft, the total guideline value amounts to Rs 7,03,000. The stamp duty at 7% would be Rs 49,210, and the registration fee at 2% would be Rs 14,060, making the total cost for these fees Rs 63,270. It is important to note that the 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 A.S.A Avenue?

A.S.A Avenue falls under the jurisdiction of the Thottipalayam Sub Registrar Office, located at 1/529, Nerupperichchal Village Pooluvapatti Postal Tirupur -641602, Coimbatore registration zone. You can find your SRO for more details.

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

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

When buying or selling property, the guideline value helps both buyers and sellers understand the expected transaction costs. It is essential to be aware of the current guideline value to avoid discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of A.S.A Avenue?

The current guideline value of A.S.A Avenue is Rs 703 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 605 per sq.ft in 2012 to Rs 703 per sq.ft in 2024, with notable increases and decreases in between, including a rise of 73% from 2017 to 2023.

What is the median guideline value for streets in Thottipalayam?

The median guideline value for streets in Thottipalayam is Rs 806 per sq.ft, with A.S.A Avenue's value being below this median.

What are the stamp duty and registration fees for A.S.A Avenue?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty is Rs 49,210, and the registration fee is Rs 14,060, totaling Rs 63,270.

Which office handles registration for A.S.A Avenue?

The Thottipalayam Sub Registrar Office handles registration for A.S.A Avenue, located at 1/529, Nerupperichchal Village Pooluvapatti Postal Tirupur -641602, Coimbatore registration zone.