Guideline Value for ASHAR MILL LABOUR COLONY 1ST to 3rd STREET

ASHAR MILL LABOUR COLONY 1ST to 3rd STREET guideline value

The current guideline value of ASHAR MILL LABOUR COLONY 1ST to 3rd STREET is Rs 1,120 per sq.ft, effective from 1 July 2024. This street is located in the village of Ward - C, under the Tiruppur Joint I SRO, and is classified as Residential Class III Type - II.

How the guideline value of ASHAR MILL LABOUR COLONY 1ST to 3rd STREET has changed

In the 2017 revision, the guideline value was Rs 670 per sq.ft. This increased to Rs 1,000 per sq.ft in the 2012 revision, marking a decrease of 33%. Following this, the value rose to Rs 1,000 per sq.ft in 2023, showing a significant increase of 49% from the 2017 figure. The most recent revision in 2024 set the value at Rs 1,120 per sq.ft, reflecting a 12% increase from the previous year.

The register has no figures for the years 2002 and 2003 for this street. Overall, from the 2007 revision at Rs 740 per sq.ft to the current 2024 figure, there has been an increase of 51%.

Guideline values in Ward - C

In Ward - C, there are 137 streets under the Tiruppur Joint I SRO that carry a 2024 guideline value, ranging from Rs 840 to Rs 4,480 per sq.ft, with the median being Rs 1,120 per sq.ft. The guideline value for ASHAR MILL LABOUR COLONY 1ST to 3rd STREET matches this median.

• ASHAR MILL LABOUR COLONY: Rs 1,120 per sq.ft (2024)
• ASHAR NAGAR 1ST to 4th STREET: Rs 1,680 per sq.ft (2024)
• Ashar Nagar 60 Feet Road: Rs 2,575 per sq.ft (2024)
• Ashar Nagar Main Road: Rs 2,575 per sq.ft (2024)
• Ashar Nagar North 1st Street: Rs 1,680 per sq.ft (2024)
• Ashar Nagar West: Rs 1,680 per sq.ft (2024)

Stamp duty and registration fee for property in ASHAR MILL LABOUR COLONY 1ST to 3rd STREET

For a 1,000 sq.ft plot at the current rate of Rs 1,120 per sq.ft, the guideline value amounts to Rs 11,20,000. The stamp duty at 7% would be Rs 78,400, and the registration fee at 2% would be Rs 22,400, totaling Rs 1,00,800. 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 information.

Which Sub Registrar Office covers ASHAR MILL LABOUR COLONY 1ST to 3rd STREET?

The ASHAR MILL LABOUR COLONY 1ST to 3rd STREET falls under 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 online.

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

The guideline value is an essential factor during the registration process when buying or selling property in Ward - C. It determines the minimum value on which stamp duty and registration fees are calculated, ensuring that the transaction is recorded at a fair value.

Frequently asked questions

What is the current guideline value for ASHAR MILL LABOUR COLONY 1ST to 3rd STREET?

The current guideline value for ASHAR MILL LABOUR COLONY 1ST to 3rd STREET is Rs 1,120 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly over the years, from Rs 670 per sq.ft in 2017 to Rs 1,120 per sq.ft in 2024, reflecting an overall increase of 51% since 2007.

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

For a property valued at Rs 11,20,000, the stamp duty would be Rs 78,400, and the registration fee would be Rs 22,400, totaling Rs 1,00,800.

Which Sub Registrar Office covers this street?

The Tiruppur Joint I Sub Registrar Office covers ASHAR MILL LABOUR COLONY 1ST to 3rd STREET, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.

Where can I find more information about guideline values in Ward - C?

You can find more information about guideline values in Ward - C by visiting the relevant sections on the Tamil Nadu Registration Department's website or through their guideline value register.