Guideline Value for A.V.P.J.S GARDENS

A.V.P.J.S Gardens guideline value

The current guideline value of A.V.P.J.S Gardens is Rs 705 per sq.ft, effective from 1 July 2024. This property is located in Chettipalayam village under the Tiruppur Joint I SRO, classified as Mixed Special Type - II.

How the guideline value of A.V.P.J.S Gardens has changed

The guideline value for A.V.P.J.S Gardens has undergone several revisions over the years. In the 2012 revision, the value was Rs 600 per sq.ft, which decreased to Rs 402 per sq.ft in 2017, marking a decline of 33%. However, from 2017 to 2023, the value increased by 75%, returning to Rs 705 per sq.ft in 2023, and remaining unchanged in the 2024 revision.

Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has increased by 18%.

Guideline values in Chettipalayam

In Chettipalayam, there are 100 streets under the Tiruppur Joint I SRO with a 2024 guideline value ranging from Rs 700 to Rs 1,000 per sq.ft. The median value is Rs 703 per sq.ft, placing A.V.P.J.S Gardens slightly above this median.

• A.V.P.J.S Aiswarryam: Rs 705 per sq.ft (2024)
• A.V.P Layout: Rs 700 per sq.ft (2024)
• A.V.P Nagar: Rs 700 per sq.ft (2024)
• A.V.R.Nagar: Rs 703 per sq.ft (2024)
• Avinashi Goundampalayam Aruljothi Nagar: Rs 704 per sq.ft (2024)
• Avinashigoundampalayam: Rs 704 per sq.ft (2024)

Stamp duty and registration fee for property in A.V.P.J.S Gardens

For a 1,000 sq.ft plot at the current guideline value of Rs 705 per sq.ft, the total guideline value amounts to Rs 7,05,000. The stamp duty at 7% would be Rs 49,350, and the registration fee at 2% would be Rs 14,100, bringing the total cost to Rs 63,450. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers A.V.P.J.S Gardens?

The Sub Registrar Office that covers A.V.P.J.S Gardens is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Chettipalayam

The guideline value is a crucial factor in the registration process when buying or selling property in Chettipalayam. It determines the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately for taxation purposes.

When a buyer approaches the registration office, they must provide the guideline value, which will be used to calculate the applicable stamp duty and registration fees. This ensures that both the buyer and seller are aware of the financial implications of the transaction.

Frequently asked questions

What is the current guideline value of A.V.P.J.S Gardens?

The current guideline value of A.V.P.J.S Gardens is Rs 705 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 402 per sq.ft in 2017, then to Rs 705 per sq.ft in 2023 and 2024, showing an overall increase of 18% from 2012 to 2024.

What is the land classification of A.V.P.J.S Gardens?

A.V.P.J.S Gardens is classified as Mixed Special Type - II under the land classification system.

What are the stamp duty and registration fees for A.V.P.J.S Gardens?

The stamp duty is calculated at 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total cost would be Rs 63,450.

Where is the Sub Registrar Office for A.V.P.J.S Gardens located?

The Tiruppur Joint I Sub Registrar Office is located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.