Guideline Value for A.V.P LAYOUT 7th STREET

A.V.P LAYOUT 7th STREET guideline value

The current guideline value of A.V.P LAYOUT 7th STREET is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in WARD - i village under the Tiruppur Joint II SRO, with a land classification of Mixed Type - I.

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

The guideline value for A.V.P LAYOUT 7th STREET has undergone several revisions over the years. In 2012, the value was set at Rs 1,000 per sq.ft, which then decreased to Rs 670 per sq.ft in 2017. The value increased significantly to Rs 1,000 per sq.ft in 2023, and currently stands at Rs 1,100 per sq.ft from the 2024 revision. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

From 2012 to 2017, there was a decrease of 33%, followed by a substantial increase of 49% from 2017 to 2023. The most recent change from 2023 to 2024 reflects a 10% increase. Overall, from 2012 to 2024, the guideline value has increased by 10%.

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 for these streets is Rs 1,100 per sq.ft, which is equal to the current guideline value of A.V.P LAYOUT 7th STREET.

• A.V.P LAYOUT 6th 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 4th 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 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 7th 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 at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total to Rs 99,000. Please note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers A.V.P LAYOUT 7th STREET?

The A.V.P LAYOUT 7th STREET falls under the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. To find your SRO, you can visit find your SRO.

How the guideline value is used when you buy or sell in WARD - i

The guideline value is an essential factor during property registration in WARD - i. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring transparency in property transactions.

When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees. It is crucial to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of A.V.P LAYOUT 7th STREET?

The current guideline value of A.V.P LAYOUT 7th 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 increased to Rs 1,000 per sq.ft in 2023, and currently stands at Rs 1,100 per sq.ft in 2024.

What is the land classification of A.V.P LAYOUT 7th STREET?

A.V.P LAYOUT 7th STREET is classified as Mixed Type - I according to the land classification system.

What are the stamp duty and registration fees for this property?

For a property valued at 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 7th STREET?

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