Guideline Value for A.V.S NAVEEN RICHLAND

A.V.S Naveen Richland guideline value

The current guideline value of A.V.S Naveen Richland is Rs 705 per sq.ft, effective from 1 July 2024. This property is located in Neruperichal village under the Tiruppur Joint I SRO, classified as Residential Class I Type - III.

How the guideline value of A.V.S Naveen Richland has changed

The guideline value for A.V.S Naveen Richland has undergone several revisions over the years. The earliest recorded revision was in 2012, where the guideline value was set at Rs 300 per sq.ft. This figure saw a significant increase to Rs 201 per sq.ft in 2017, followed by a substantial rise to Rs 705 per sq.ft in 2023. Notably, the guideline value remained unchanged at Rs 705 per sq.ft in the subsequent 2024 revision.

From 2012 to 2017, there was a decrease of 33%, but from 2017 to 2023, the value increased by 251%. Overall, from 2012 to 2024, the guideline value has increased by 135%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Neruperichal

Neruperichal village has a total of 171 streets under the Tiruppur Joint I SRO, with the 2024 guideline values ranging from Rs 700 to Rs 1,008 per sq.ft. The median value is Rs 705 per sq.ft, placing A.V.S Naveen Richland at this median value.

• Avs Naveen Garden: Rs 705 per sq.ft (2024)
• Avs Palanisamy Gounder Subbulakshmi Ammal Nagar: Rs 875 per sq.ft (2024)
• Avs Palanisamy Gounder Subbulakshmi Ammal Nagar Extn: Rs 896 per sq.ft (2024)
• Balaji Garden: Rs 705 per sq.ft (2024)
• Balaji Gardern Extension: Rs 705 per sq.ft (2024)
• Balaji Nagar: Rs 705 per sq.ft (2024)

Stamp duty and registration fee for property in A.V.S Naveen Richland

For a 1,000 sq.ft plot at the current guideline value of Rs 705 per sq.ft, the total guideline value would be 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 for these fees to Rs 63,450. 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 information.

Which Sub Registrar Office covers A.V.S Naveen Richland?

The A.V.S Naveen Richland property falls under the jurisdiction of 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 further assistance.

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

The guideline value is a crucial factor when registering property transactions in Neruperichal. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that all transactions are conducted fairly and transparently.

When buying or selling property, the guideline value influences the stamp duty and registration fees that need to be paid. Buyers should be aware that these fees are calculated based on the higher of the guideline value or the sale price, which can significantly impact the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of A.V.S Naveen Richland?

The current guideline value of A.V.S Naveen Richland is Rs 705 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 significant change occurring from Rs 201 per sq.ft in 2017 to Rs 705 per sq.ft in 2023, marking a 251% increase.

What is the land classification for A.V.S Naveen Richland?

A.V.S Naveen Richland is classified as Residential Class I Type - III, which indicates its intended use for residential purposes.

Which Sub Registrar Office covers A.V.S Naveen Richland?

The Tiruppur Joint I Sub Registrar Office covers A.V.S Naveen Richland, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

How is the stamp duty calculated for properties in A.V.S Naveen Richland?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 49,350.