Guideline Value for A.V.P LAYOUT 5th STREET

A.V.P LAYOUT 5th STREET guideline value

The current guideline value of A.V.P LAYOUT 5th 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 falls under the land classification of Mixed Type - I.

How the guideline value of A.V.P LAYOUT 5th STREET has changed

The guideline value for A.V.P LAYOUT 5th 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 to Rs 1,100 per sq.ft in 2024, marking a 10% increase from the previous year.

From the 2017 revision to the 2023 revision, there was a notable increase of 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 guideline value is Rs 1,100 per sq.ft, which is the same as the current value for A.V.P LAYOUT 5th STREET.

• A.V.P LAYOUT 4th 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 3rd STREET: Rs 1,100 per sq.ft (2024)
• A.V.P LAYOUT 7th STREET: Rs 1,100 per sq.ft (2024)
• A.V.P LAYOUT 2nd STREET: Rs 1,100 per sq.ft (2024)
• A.V.P LAYOUT 1st STREET: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in A.V.P LAYOUT 5th 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 amount to Rs 77,000, and the registration fee at 2% would be 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 further calculations.

Which Sub Registrar Office covers A.V.P LAYOUT 5th STREET?

The A.V.P LAYOUT 5th STREET 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 - i

The guideline value is an essential factor when registering property transactions in WARD - i. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the registration process.

When buyers and sellers agree on a sale price, the higher of the sale price and the guideline value is used to calculate the applicable duties and fees. 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 5th STREET?

The current guideline value of A.V.P LAYOUT 5th STREET is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Over the years, the guideline value has seen several changes, with the most recent increase being from Rs 1,000 per sq.ft in 2023 to Rs 1,100 per sq.ft in 2024.

What is the median guideline value in WARD - i?

The median guideline value in WARD - i is Rs 1,100 per sq.ft, which is the same as the current value for A.V.P LAYOUT 5th STREET.

What are the stamp duty and registration fees for a property in A.V.P LAYOUT 5th STREET?

For a 1,000 sq.ft plot, the stamp duty would be Rs 77,000 and the registration fee would be Rs 22,000, totaling Rs 99,000.

Which office handles property registrations for A.V.P LAYOUT 5th STREET?

The Tiruppur Joint II Sub Registrar Office handles property registrations for A.V.P LAYOUT 5th STREET, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.