Guideline Value for ASHAR NAGAR 4th STREET

ASHAR NAGAR 4th STREET guideline value

The current guideline value of ASHAR NAGAR 4th STREET is Rs 1,210 per sq.ft, effective from 1 July 2024. This street is located in the village of Tiruppur, under the Tiruppur Joint II SRO, classified as Commercial Class I Type - I.

How the guideline value of ASHAR NAGAR 4th STREET has changed

The guideline value for ASHAR NAGAR 4th STREET has seen several revisions over the years. The 2012 revision set the value at Rs 1,100 per sq.ft, which was a decrease of 33% from Rs 737 per sq.ft in the 2017 revision. The value then increased to Rs 1,100 per sq.ft in 2023, and subsequently rose by 10% to Rs 1,210 per sq.ft in the 2024 revision.

From 2012 to 2024, the overall change in the guideline value is an increase of 10%. Notably, the register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in WARD - i

In the WARD - i village, there are 108 streets under the Tiruppur Joint II SRO with a 2024 guideline value ranging from Rs 701 to Rs 4,480 per sq.ft. The median guideline value is Rs 1,100 per sq.ft, making ASHAR NAGAR 4th STREET's 2024 figure above that median.

• ASHAR NAGAR 3rd STREET: Rs 1,210 per sq.ft (2024)
• ASHAR NAGAR 2nd STREET: Rs 1,210 per sq.ft (2024)
• Ashar Nagar 60 Feet Road: Rs 2,450 per sq.ft (2024)
• ASHAR NAGAR 1st STREET: Rs 1,210 per sq.ft (2024)
• Ashar Nagar North: Rs 1,210 per sq.ft (2024)
• Ashar Nagar: Rs 1,210 per sq.ft (2024)

Stamp duty and registration fee for property in ASHAR NAGAR 4th STREET

For a 1,000 sq.ft plot at the current rate of Rs 1,210 per sq.ft, the guideline value amounts to Rs 12,10,000. The stamp duty at 7% would be Rs 84,700, and the registration fee at 2% would be Rs 24,200, totaling Rs 1,08,900. 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 ASHAR NAGAR 4th STREET?

The ASHAR NAGAR 4th STREET falls under 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 further assistance.

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

The guideline value is a critical factor during property registration in WARD - i. It serves as a benchmark for determining the stamp duty and registration fees applicable to a property transaction.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, which is essential for tax purposes and legal documentation.

Frequently asked questions

What is the current guideline value of ASHAR NAGAR 4th STREET?

The current guideline value of ASHAR NAGAR 4th STREET is Rs 1,210 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Over the years, the guideline value has changed from Rs 1,100 per sq.ft in 2012 to Rs 1,210 per sq.ft in 2024, with notable changes of 10% and 49% in various revisions.

What is the classification of ASHAR NAGAR 4th STREET?

ASHAR NAGAR 4th STREET is classified as Commercial Class I Type - I under the Tiruppur Joint II SRO.

Where can I find the Sub Registrar Office for ASHAR NAGAR 4th STREET?

The Sub Registrar Office covering ASHAR NAGAR 4th STREET is located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602., Coimbatore registration zone.

How is the stamp duty calculated for properties in ASHAR NAGAR 4th STREET?

Stamp duty for properties in ASHAR NAGAR 4th STREET is calculated at 7% of the guideline value or the sale price, whichever is higher, along with a registration fee of 2%.