Guideline Value for A.V.P LAYOUT 1st STREET

A.V.P LAYOUT 1st STREET guideline value

The current guideline value of A.V.P LAYOUT 1st STREET is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in the village of Ward - i under the Tiruppur Joint II SRO, and the land classification is Mixed Type - I.

How the guideline value of A.V.P LAYOUT 1st STREET has changed

The guideline value for A.V.P LAYOUT 1st STREET has undergone several revisions over the years. In 2012, the guideline value was Rs 1,000 per sq.ft, which decreased to Rs 670 per sq.ft in 2017. Following this, the value increased significantly to Rs 1,000 per sq.ft in 2023, and then rose again to Rs 1,100 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

From 2012 to 2017, there was a decrease of 33%, but from 2017 to 2023, the value increased by 49%. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in WARD - i

In WARD - i, there are 108 streets under the Tiruppur Joint II SRO that carry a 2024 guideline value, ranging from Rs 701 to Rs 4,480 per sq.ft. The median value is Rs 1,100 per sq.ft, which is equal to the current guideline value of A.V.P LAYOUT 1st STREET.

• A.V.P Layout: Rs 1,100 per sq.ft (2024)
• A.V.P LAYOUT 2nd STREET: Rs 1,100 per sq.ft (2024)
• A.V.P LAYOUT 3rd STREET: Rs 1,100 per sq.ft (2024)
• A.V.P LAYOUT 4th STREET: Rs 1,100 per sq.ft (2024)
• A.V.P LAYOUT 5th STREET: Rs 1,100 per sq.ft (2024)
• A.V.P LAYOUT 6th STREET: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in A.V.P LAYOUT 1st STREET

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, making the total charges Rs 99,000. 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.V.P LAYOUT 1st STREET?

The Sub Registrar Office that covers A.V.P LAYOUT 1st STREET is 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 - i

The guideline value is a crucial factor during property registration in WARD - i. It serves as the basis for calculating stamp duty and registration fees, ensuring that the transaction is recorded accurately in the official records.

When buying or selling property, the guideline value helps determine the minimum value at which the property can be registered. This ensures transparency and fairness in property transactions within the region.

Frequently asked questions

What is the current guideline value of A.V.P LAYOUT 1st STREET?

The current guideline value of A.V.P LAYOUT 1st STREET is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then increased to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,100 per sq.ft in 2024.

What is the land classification for A.V.P LAYOUT 1st STREET?

The land classification for A.V.P LAYOUT 1st STREET is Mixed Type - I, indicating its diverse usage potential.

What is the stamp duty rate for property in A.V.P LAYOUT 1st STREET?

The stamp duty rate for property in A.V.P LAYOUT 1st STREET is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for A.V.P LAYOUT 1st STREET?

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