Guideline Value

Corporate

Guideline Value for AVINASHIYAPPAN GOUNDER LAYOUT

₹1100/sq.ft.

The guideline value for Avinashiyappan Gounder Layout in Ward - N village (Tiruppur Joint Ii SRO, Coimbatore zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward - N

Village

Tiruppur Joint II

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹575 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960035
[email protected]

DRO (District Registrar Office)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960044
[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Avinashiyappan Gounder Layout

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Avinashiyappan Gounder Layout guideline value

The current guideline value of Avinashiyappan Gounder Layout is Rs 1,100 per sq.ft, effective from 1 July 2024. This layout is located in Ward - N village under the Tiruppur Joint II SRO, classified as Residential Class IV Type - I.

How the guideline value of Avinashiyappan Gounder Layout has changed

The guideline value for Avinashiyappan Gounder Layout has seen several revisions over the years. The figures began at Rs 575 per sq.ft in 2007, increased to Rs 1,000 per sq.ft in 2012, then decreased to Rs 670 per sq.ft in 2017. Following that, the value rose to Rs 1,000 per sq.ft in 2023, and currently stands at Rs 1,100 per sq.ft as of the 2024 revision. Notably, there are no figures available for this street in the 2002 and 2003 revisions.

From 2007 to 2012, the value increased by 74%, but then dropped by 33% from 2012 to 2017. A significant rise of 49% occurred from 2017 to 2023, followed by a 10% increase from 2023 to 2024. Overall, the guideline value has increased by 91% from 2007 to 2024.

Guideline values in Ward - N

In Ward - N, there are 104 streets under the Tiruppur Joint II SRO with a 2024 guideline value ranging from Rs 701 to Rs 5,500 per sq.ft. The median guideline value in this area is Rs 1,320 per sq.ft, placing Avinashiyappan Gounder Layout's value below that median.

Stamp duty and registration fee for property in Avinashiyappan Gounder Layout

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total to Rs 99,000. Please 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 Avinashiyappan Gounder Layout?

The Sub Registrar Office that covers Avinashiyappan Gounder Layout is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, in the Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role during the registration process of property transactions in Ward - N. It serves as the basis for calculating stamp duty and registration fees, ensuring that the transaction is recorded accurately in the official register.

When buying or selling property, the guideline value helps determine the minimum value at which the property can be registered. This ensures that all parties are aware of the financial obligations associated with the transaction, including the applicable fees.

Frequently asked questions

What is the current guideline value of Avinashiyappan Gounder Layout?

The current guideline value of Avinashiyappan Gounder Layout is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 575 per sq.ft in 2007 to Rs 1,100 per sq.ft in 2024, reflecting an overall increase of 91% over the years.

What are the stamp duty and registration fees for property in Avinashiyappan Gounder Layout?

For a 1,000 sq.ft plot, the total guideline value is Rs 11,00,000, with a stamp duty of Rs 77,000 and a registration fee of Rs 22,000, totaling Rs 99,000.

Which office handles registrations for Avinashiyappan Gounder Layout?

The Tiruppur Joint II Sub Registrar Office handles registrations for Avinashiyappan Gounder Layout, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.

What is the significance of the guideline value in property transactions?

The guideline value is significant as it determines the minimum value for property registration and is used to calculate stamp duty and registration fees during transactions in Ward - N.