Guideline Value for A.V.P LAYOUT 1ST to 7th STREET

A.V.P LAYOUT 1ST to 7th STREET guideline value

The current guideline value for A.V.P LAYOUT 1ST to 7th STREET is Rs 1,120 per sq.ft, effective from 1 July 2024. This street is located in Ward - C village under the Tiruppur Joint I SRO and falls under the Residential Class III Type - II land classification.

How the guideline value of A.V.P LAYOUT 1ST to 7th STREET has changed

The guideline value for A.V.P LAYOUT 1ST to 7th STREET has seen several revisions over the years. In 2007, the value was Rs 740 per sq.ft, which increased to Rs 1,000 per sq.ft in 2012. However, it then decreased to Rs 670 per sq.ft in 2017. The value rose significantly to Rs 1,000 per sq.ft in 2023, and the latest revision in 2024 has set it at Rs 1,120 per sq.ft. The register has no figure for this street for the years 2002 and 2003.

From 2017 to 2023, there was an increase of 49%. The value then rose by 12% from 2023 to 2024. Overall, from 2007 to 2024, the guideline value has increased by 51%.

Guideline values in Ward - C

In Ward - C, there are 137 streets under the Tiruppur Joint I SRO with guideline values ranging from Rs 840 to Rs 4,480 per sq.ft. The median value is Rs 1,120 per sq.ft, which is equal to the current guideline value for A.V.P LAYOUT 1ST to 7th STREET.

• A.V.P Layout: Rs 1,120 per sq.ft (2024)
• Avinashi Road (Bazaar Street): Rs 4,480 per sq.ft (2024)
• Avinashi Road 60 Feet (North Side): Rs 4,480 per sq.ft (2024)
• Avinashi Road: Rs 4,480 per sq.ft (2024)
• BABUJI NAGAR 1ST to 4th STREET: Rs 1,455 per sq.ft (2024)
• Babuji Nagar Main Street: Rs 1,455 per sq.ft (2024)

Stamp duty and registration fee for property in A.V.P LAYOUT 1ST to 7th STREET

For a 1,000 sq.ft plot at the current rate of Rs 1,120 per sq.ft, the guideline value amounts to Rs 11,20,000. The stamp duty at 7% would be Rs 78,400, and the registration fee at 2% would be Rs 22,400, totaling Rs 1,00,800. 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.P LAYOUT 1ST to 7th STREET?

The A.V.P LAYOUT 1ST to 7th STREET falls under the Tiruppur Joint I 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 - C

The guideline value is an essential factor when registering property transactions in Ward - C. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

When a property is sold, the guideline value is used to calculate the applicable fees, ensuring that the transaction is recorded accurately and legally. Buyers and sellers must be aware of the current guideline values to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value for A.V.P LAYOUT 1ST to 7th STREET?

The current guideline value for A.V.P LAYOUT 1ST to 7th STREET is Rs 1,120 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 740 per sq.ft in 2007 to Rs 1,120 per sq.ft in 2024, with several revisions in between.

What is the registration office for A.V.P LAYOUT 1ST to 7th STREET?

The registration office for A.V.P LAYOUT 1ST to 7th STREET is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

What are the stamp duty rates for properties in this area?

The stamp duty for properties in this area is charged at 7% of the guideline value or the sale price, whichever is higher.

What is the median guideline value for Ward - C?

The median guideline value for Ward - C is Rs 1,120 per sq.ft, which is the same as the current guideline value for A.V.P LAYOUT 1ST to 7th STREET.