Guideline Value for ADHIYAMANVEETHI 1ST STREET

Adhiyamanveethi 1st Street guideline value

The current guideline value of Adhiyamanveethi 1st Street is Rs 1,650 per sq.ft, effective from 1 July 2024. This street is located in Ward - P village under the Tiruppur Joint II SRO and is classified as Residential Class III Type - I.

How the guideline value of Adhiyamanveethi 1st Street has changed

Over the years, the guideline value for Adhiyamanveethi 1st Street has seen several revisions. The 2012 revision set the value at Rs 1,500 per sq.ft, which was a decrease of 33% from the 2017 revision of Rs 1,005 per sq.ft. The value remained at Rs 1,500 per sq.ft until the 2023 revision, which increased it to Rs 1,650 per sq.ft, marking a 10% rise. Overall, from 2012 to 2024, the guideline value has increased by 10%.

It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for this street. The 2024 revision reflects a significant increase of 49% from the 2017 figure to the current value.

Guideline values in Ward - P

In Ward - P, there are 40 streets under the Tiruppur Joint II SRO that have a 2024 guideline value ranging from Rs 1,100 to Rs 6,600 per sq.ft, with a median value of Rs 3,575 per sq.ft. The guideline value of Adhiyamanveethi 1st Street is below this median.

• Adhiyamanveethi: Rs 1,650 per sq.ft (2024)
• Adhiyamanveethi 2nd Street: Rs 1,650 per sq.ft (2024)
• Chikkanna Chettiar Street: Rs 4,400 per sq.ft (2024)
• Chikkanna Street: Rs 4,400 per sq.ft (2024)
• Dharapuram Cross Road: Rs 4,400 per sq.ft (2024)
• Easwaran Kovil Street: Rs 4,400 per sq.ft (2024)

Stamp duty and registration fee for property in Adhiyamanveethi 1st Street

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 16,50,000. The stamp duty at 7% would be Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, totaling Rs 1,48,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Adhiyamanveethi 1st Street?

The Sub Registrar Office that covers Adhiyamanveethi 1st 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 details.

How the guideline value is used when you buy or sell in Ward - P

The guideline value is a crucial factor in property transactions in Ward - P, as it determines the minimum value at which a property can be registered. This value is used to calculate the stamp duty and registration fees payable during the purchase or sale of a property.

Frequently asked questions

What is the current guideline value of Adhiyamanveethi 1st Street?

The current guideline value of Adhiyamanveethi 1st Street is Rs 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2012 to Rs 1,650 per sq.ft in 2024, with various revisions in between, including a notable increase of 49% from 2017 to 2023.

What is the land classification for Adhiyamanveethi 1st Street?

Adhiyamanveethi 1st Street is classified as Residential Class III Type - I.

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

For a property valued at Rs 16,50,000, the stamp duty would be Rs 1,15,500 and the registration fee would be Rs 33,000, totaling Rs 1,48,500.

Where can I find the Sub Registrar Office for Adhiyamanveethi 1st Street?

The Sub Registrar Office for Adhiyamanveethi 1st Street is located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.