Guideline Value for A.V.M LAYOUT

A.V.M Layout guideline value

The current guideline value of A.V.M Layout is Rs 711 per sq.ft. This area is located in Ward - A village, under the Tiruppur Joint II SRO, and is classified as Commercial Class I Type - II.

How the guideline value of A.V.M Layout has changed

The guideline value for A.V.M Layout has seen several revisions over the years. In 2007, the guideline value was Rs 375 per sq.ft, which increased to Rs 630 per sq.ft in 2012, marking an increase of 68%. However, from 2012 to 2017, it decreased to Rs 422 per sq.ft, a drop of 33%. The value then rose significantly to Rs 700 per sq.ft in 2023, reflecting a 66% increase. The most recent revision in 2024 set the guideline value at Rs 711 per sq.ft, a 2% increase from the previous year.

The register has no figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 90%.

Guideline values in Ward - A

In Ward - A, there are 229 streets under the Tiruppur Joint II SRO that carry a 2024 guideline value ranging from Rs 701 to Rs 880 per sq.ft. The median value for these streets is Rs 709 per sq.ft, placing A.V.M Layout's 2024 figure above that median.

• A.V.M Layout 1st Street: Rs 711 per sq.ft (2024)
• A.V.M Layout 2nd Street: Rs 711 per sq.ft (2024)
• A.V.M Nagar: Rs 711 per sq.ft (2024)
• Athimara Thottam: Rs 701 per sq.ft (2024)
• Bagavathi Amman Nagar: Rs 707 per sq.ft (2024)
• Balamurugan Colony: Rs 711 per sq.ft (2024)

Stamp duty and registration fee for property in A.V.M Layout

For a 1,000 sq.ft plot at the current guideline value of Rs 711 per sq.ft, the total guideline value would be Rs 7,11,000. The stamp duty at 7% would amount to Rs 49,770, and the registration fee at 2% would be Rs 14,220, bringing the total fees to Rs 63,990. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers A.V.M Layout?

The A.V.M Layout 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 Ward - A

The guideline value is a crucial factor in property transactions within Ward - A. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the state receives appropriate revenue from property transactions.

When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees. Buyers should be aware that these fees are based on the higher of the guideline value or the sale price, which can significantly affect the total cost of the transaction.

Frequently asked questions

What is the current guideline value of A.V.M Layout?

The current guideline value of A.V.M Layout is Rs 711 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 375 per sq.ft in 2007 to Rs 711 per sq.ft in 2024, marking an overall increase of 90% over the years.

What are the stamp duty rates for property in A.V.M Layout?

The stamp duty for property in A.V.M Layout is charged at 7% of the guideline value or sale price, whichever is higher.

Which Sub Registrar Office should I contact for A.V.M Layout?

The Tiruppur Joint II Sub Registrar Office covers A.V.M Layout, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

What is the median guideline value in Ward - A?

The median guideline value in Ward - A is Rs 709 per sq.ft, with A.V.M Layout's value being above this median at Rs 711 per sq.ft.