Guideline Value for A.V.P LAYOUT 2nd STREET

A.V.P LAYOUT 2nd STREET guideline value

The current guideline value of A.V.P LAYOUT 2nd STREET is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in the village of Tiruppur, under the Tiruppur Joint II SRO, and is classified as Mixed Type - I land.

How the guideline value of A.V.P LAYOUT 2nd STREET has changed

The guideline value for A.V.P LAYOUT 2nd STREET has seen several revisions over the years. Starting from the 2012 revision, the value was Rs 1,000 per sq.ft. It then decreased to Rs 670 per sq.ft in 2017, before increasing to Rs 1,000 per sq.ft again in 2023. The most recent revision in 2024 set the value at Rs 1,100 per sq.ft, marking a 10% increase from the previous year. The register has no figures for the years 2002, 2003, and 2007.

Between the revisions, there have been notable changes. From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, it increased significantly by 49%. Overall, comparing the values from 2012 to 2024, there has been a 10% increase in the guideline value.

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 guideline value of A.V.P LAYOUT 2nd STREET.

• A.V.P LAYOUT 3rd STREET: Rs 1,100 per sq.ft (2024)
• A.V.P LAYOUT 1st 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: 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 2nd STREET

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty, charged at 7%, would be Rs 77,000, while the registration fee at 2% would be Rs 22,000, bringing the total fees to Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers A.V.P LAYOUT 2nd STREET?

The A.V.P LAYOUT 2nd STREET falls under the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, in the 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 in the registration process when buying or selling property in WARD - i. It determines the minimum value at which the property can be registered, ensuring that the transaction is documented accurately in the official records.

When a property is registered, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that all transactions reflect the appropriate financial obligations for both buyers and sellers.

Frequently asked questions

What is the current guideline value of A.V.P LAYOUT 2nd STREET?

The current guideline value of A.V.P LAYOUT 2nd 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 has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then back 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 of A.V.P LAYOUT 2nd STREET?

A.V.P LAYOUT 2nd STREET is classified as Mixed Type - I land under the Tiruppur Joint II SRO.

What are the stamp duty and registration fees for property in A.V.P LAYOUT 2nd STREET?

For a 1,000 sq.ft plot, the total guideline value is Rs 11,00,000. The stamp duty would be Rs 77,000 and the registration fee would be Rs 22,000, totaling Rs 99,000.

Which office handles the registration for A.V.P LAYOUT 2nd STREET?

The registration for A.V.P LAYOUT 2nd STREET is handled by the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.