Guideline Value for Anandha Gokulam Avenue

Anandha Gokulam Avenue guideline value

The current guideline value of Anandha Gokulam Avenue is Rs 890 per sq.ft, effective from 1 July 2024. This street is located in Velampalayam village under the Tiruppur Joint II SRO, and it falls under the Mixed Type - I land classification.

How the guideline value of Anandha Gokulam Avenue has changed

The guideline value for Anandha Gokulam Avenue has been revised several times. The most recent revision in 2024 set the value at Rs 890 per sq.ft, which is an increase from Rs 800 per sq.ft in the 2023 revision, marking an 11% rise. Prior to these revisions, the register has no figure for this street in the years 2017, 2012, 2007, 2003, and 2002.

In summary, the guideline value increased from Rs 800 per sq.ft in 2023 to Rs 890 per sq.ft in 2024. There are no recorded figures for the years before 2023, indicating that the guideline value for Anandha Gokulam Avenue has only been established in the last two revisions.

Guideline values in Velampalayam

In Velampalayam, there are 472 streets under the Tiruppur Joint II SRO, with guideline values ranging from Rs 701 to Rs 4,480 per sq.ft. The median guideline value for the village is Rs 711 per sq.ft, placing Anandha Gokulam Avenue's 2024 figure above this median.

• Anandha Avenue Extension: Rs 710 per sq.ft (2024)
• Anandha Grand: Rs 705 per sq.ft (2024)
• Anandha Avenue: Rs 705 per sq.ft (2024)
• Ananda Enclave: Rs 705 per sq.ft (2024)
• Anaipalayam: Rs 716 per sq.ft (2024)
• Amsa Vinayagar Kovil Veethi: Rs 712 per sq.ft (2024)

Stamp duty and registration fee for property in Anandha Gokulam Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 890 per sq.ft, the total guideline value amounts to Rs 8,90,000. The stamp duty at 7% would be Rs 62,300, and the registration fee at 2% would be Rs 17,800, resulting in a total cost of Rs 80,100. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anandha Gokulam Avenue?

The Anandha Gokulam Avenue is covered by 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 information.

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

The guideline value is a crucial factor when registering property transactions in Velampalayam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid at the time of registration.

When a property is sold, the guideline value is considered to ensure that the transaction is recorded accurately. Buyers and sellers must be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Anandha Gokulam Avenue?

The current guideline value of Anandha Gokulam Avenue is Rs 890 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value changed from Rs 800 per sq.ft in 2023 to Rs 890 per sq.ft in 2024. There are no recorded figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the median guideline value in Velampalayam?

The median guideline value in Velampalayam is Rs 711 per sq.ft. Anandha Gokulam Avenue's current value is above this median.

What are the registration fees for property in Anandha Gokulam Avenue?

The registration fees for property in Anandha Gokulam Avenue include a stamp duty of 7% and a registration fee of 2% based on the guideline value or sale price, whichever is higher.

Which office handles the registration for Anandha Gokulam Avenue?

The Tiruppur Joint II Sub Registrar Office handles the registration for Anandha Gokulam Avenue, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.