Guideline Value for A.V.P LAYOUT 3rd STREET

A.V.P LAYOUT 3rd STREET guideline value

The current guideline value of A.V.P LAYOUT 3rd STREET is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in 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 3rd STREET has changed

Looking back at the revisions, the guideline value for A.V.P LAYOUT 3rd STREET was Rs 670 per sq.ft in 2017. In 2012, it was Rs 1,000 per sq.ft. The value increased by 49% from 2017 to 2023, where it was set at Rs 1,000 per sq.ft. The most recent revision in 2024 saw the value rise to Rs 1,100 per sq.ft, marking a 10% increase from the previous year.

There are no figures recorded for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in WARD - i

A.V.P LAYOUT 3rd STREET's 2024 guideline value of Rs 1,100 per sq.ft is equal to the median value of Rs 1,100 per sq.ft for the 108 streets in Ward - i under the Tiruppur Joint II SRO, which range from Rs 701 to Rs 4,480 per sq.ft.

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

Stamp duty and registration fee for property in A.V.P LAYOUT 3rd STREET

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 11,00,000. The stamp duty at 7% amounts to Rs 77,000, and the registration fee at 2% is Rs 22,000, totaling Rs 99,000. 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 3rd STREET?

The Sub Registrar Office covering A.V.P LAYOUT 3rd 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 plays a crucial role in property registration in Ward - i. It is used to determine the stamp duty and registration fees applicable when buying or selling property in the area.

When a property is registered, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of A.V.P LAYOUT 3rd STREET?

The current guideline value of A.V.P LAYOUT 3rd 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 seen several revisions, with the most recent increase being from Rs 1,000 per sq.ft in 2023 to Rs 1,100 per sq.ft in 2024. Overall, from 2012 to 2024, the value increased by 10%.

What is the land classification for A.V.P LAYOUT 3rd STREET?

The land classification for A.V.P LAYOUT 3rd STREET is Mixed Type - I. This classification can influence the development and usage of the land.

Where can I find the Sub Registrar Office for A.V.P LAYOUT 3rd STREET?

The Sub Registrar Office for A.V.P LAYOUT 3rd STREET is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

How is stamp duty calculated for properties in WARD - i?

Stamp duty for properties in WARD - i is calculated based on the higher of the guideline value or the sale price. For example, a 1,000 sq.ft plot at Rs 1,100 per sq.ft would have a guideline value of Rs 11,00,000, leading to a stamp duty of Rs 77,000.