Guideline Value for AVS PALANISAMY GOUNDER SUBBULAKSHMI AMMAL NAGAR EXTN

Avs Palanisamy Gounder Subbulakshmi Ammal Nagar Extn guideline value

The current guideline value for Avs Palanisamy Gounder Subbulakshmi Ammal Nagar Extn is Rs 896 per sq.ft, effective from 1 July 2024. This property is located in Neruperichal village and falls under the Tiruppur Joint I SRO, classified as Mixed Special Type - II.

How the guideline value of Avs Palanisamy Gounder Subbulakshmi Ammal Nagar Extn has changed

The guideline value for this street has seen changes over the years. The register does not contain figures for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision set the value at Rs 800 per sq.ft, which increased to Rs 896 per sq.ft in the 2024 revision, marking a change of +12%.

In summary, the guideline value has increased from Rs 800 per sq.ft in 2023 to Rs 896 per sq.ft in 2024. This reflects an upward adjustment in the valuation of properties in this area.

Guideline values in Neruperichal

In Neruperichal, there are 171 streets under the Tiruppur Joint I SRO with a 2024 guideline value ranging from Rs 700 to Rs 1,008 per sq.ft. The median value for these streets is Rs 705 per sq.ft, placing Avs Palanisamy Gounder Subbulakshmi Ammal Nagar Extn's 2024 figure above that median.

• Avs Palanisamy Gounder Subbulakshmi Ammal Nagar: Rs 875 per sq.ft (2024)
• A.V.S Naveen Richland: Rs 705 per sq.ft (2024)
• Avs Naveen Garden: Rs 705 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 Avs Palanisamy Gounder Subbulakshmi Ammal Nagar Extn

For a 1,000 sq.ft plot at the current rate of Rs 896 per sq.ft, the guideline value amounts to Rs 8,96,000. The stamp duty at 7% would be Rs 62,720, and the registration fee at 2% would be Rs 17,920, bringing the total fees to Rs 80,640. Duty is charged on the guideline value or the sale price, whichever is higher. You can calculate your fees using the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Avs Palanisamy Gounder Subbulakshmi Ammal Nagar Extn?

The Avs Palanisamy Gounder Subbulakshmi Ammal Nagar Extn 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 for more information.

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

The guideline value is a crucial factor in property transactions, as it determines the minimum price at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with registration requirements.

When registering a property, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Avs Palanisamy Gounder Subbulakshmi Ammal Nagar Extn?

The current guideline value of Avs Palanisamy Gounder Subbulakshmi Ammal Nagar Extn is Rs 896 per sq.ft, effective from 1 July 2024.

How much did the guideline value increase from 2023 to 2024?

The guideline value increased by 12% from Rs 800 per sq.ft in 2023 to Rs 896 per sq.ft in 2024.

Which Sub Registrar Office covers this area?

The Tiruppur Joint I Sub Registrar Office covers Avs Palanisamy Gounder Subbulakshmi Ammal Nagar Extn, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

What are the other streets in Neruperichal and their guideline values?

Other streets in Neruperichal include Avs Palanisamy Gounder Subbulakshmi Ammal Nagar at Rs 875 per sq.ft, A.V.S Naveen Richland, Avs Naveen Garden, Balaji Garden, Balaji Gardern Extension, and Balaji Nagar, all at Rs 705 per sq.ft.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated at 7% of the guideline value or sale price, whichever is higher. For example, a property with a guideline value of Rs 8,96,000 would incur a stamp duty of Rs 62,720.