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Guideline Value

Corporate

Guideline Value for Avalpoondurai north street

₹440/sq.ft.

The guideline value for Avalpoondurai North Street in Aval Poondurai village (Avalpoondurai SRO, Coimbatore zone) is Rs 440 per sq.ft, effective 1 July 2024. It was Rs 400 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Aval Poondurai

Village

Avalpoondurai

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹440 /sq.ft.
From 1-4-2023 ₹400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹268 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 ₹32 /sq.ft.
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Kangeyam Main Road, Bus Stop, Avalpoondurai-638115,modakurichi Taluk,erode District Kangeyam Main Road, Avalpoondurai - 638115
0424-2920408
[email protected]

DRO (District Registrar Office)

Dr Office Compound, Annasathya Nagar, Iraniyan Street, Rangampalayam, Erode - 638 009.
0424-2330031
[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Avalpoondurai North Street

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Avalpoondurai north street guideline value

The current guideline value of Avalpoondurai north street is Rs 440 per sq.ft, effective from 1 July 2024. This street is located in Aval Poondurai village, under the Avalpoondurai SRO, and is classified as Commercial Class I Type - I.

How the guideline value of Avalpoondurai north street has changed

The guideline value for Avalpoondurai north street has seen significant changes over the years. In 2003, the guideline value was Rs 32 per sq.ft, which increased to Rs 268 per sq.ft in 2017, marking a substantial rise of 738%. The value further increased to Rs 400 per sq.ft in 2023, reflecting a 49% increase from the previous revision. The most recent revision in 2024 has set the guideline value at Rs 440 per sq.ft, showing a 10% increase from 2023.

There are no figures available for the years 2002, 2007, and 2012 in the register for this street. Overall, from 2003 to 2024, the guideline value has increased by an impressive 1275%.

Guideline values in Aval Poondurai

Aval Poondurai village has 50 streets under the Avalpoondurai SRO that carry a 2024 guideline value ranging from Rs 225 to Rs 440 per sq.ft, with a median value of Rs 225 per sq.ft. Avalpoondurai north street's 2024 figure is above this median.

Stamp duty and registration fee for property in Avalpoondurai north street

For a 1,000 sq.ft plot at the current guideline value of Rs 440 per sq.ft, the total guideline value would be Rs 4,40,000. The stamp duty at 7% would amount to Rs 30,800, and the registration fee at 2% would be Rs 8,800, bringing the total cost for these fees to Rs 39,600. 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 details.

Which Sub Registrar Office covers Avalpoondurai north street?

The Avalpoondurai north street is covered by the Avalpoondurai Sub Registrar Office, located at Kangeyam Main Road, Bus Stop, Avalpoondurai-638115, Modakurichi Taluk, Erode District. You can find your SRO for more information.

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

The guideline value plays a critical role in the registration process when buying or selling property in Aval Poondurai. It is used to determine the stamp duty and registration fees applicable to the transaction, ensuring that they are calculated based on the officially recognized value of the property.

When a property is sold, the buyer must pay the stamp duty and registration fees based on the higher of the guideline value or the actual sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Avalpoondurai north street?

The current guideline value of Avalpoondurai north street is Rs 440 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 32 per sq.ft in 2003 to Rs 440 per sq.ft in 2024, reflecting a total increase of 1275% over this period.

What is the registration fee for property in Avalpoondurai north street?

The registration fee for property in Avalpoondurai north street is 2% of the guideline value or sale price, whichever is higher.

Which office handles registrations for Avalpoondurai north street?

The Avalpoondurai Sub Registrar Office handles registrations for Avalpoondurai north street, located at Kangeyam Main Road, Bus Stop, Avalpoondurai-638115, Modakurichi Taluk, Erode District.

What are the other streets in Aval Poondurai with similar guideline values?

Other streets in Aval Poondurai with a guideline value of Rs 440 per sq.ft in 2024 include AvalPoondurai east street, Avalpoondurai South Street, Avalpoondurai Bharathi Street, and Avapoondurai Eswarankovil Street.