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Guideline Value

Corporate

Guideline Value for Avapoondurai Eswarankovil Street

₹440/sq.ft.

The guideline value for Avapoondurai Eswarankovil 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 ₹36 /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 Avapoondurai Eswarankovil Street

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Avapoondurai Eswarankovil Street guideline value

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

How the guideline value of Avapoondurai Eswarankovil Street has changed

The guideline value for Avapoondurai Eswarankovil Street has seen significant changes over the years. The earliest recorded figure is from the 2003 revision, which was Rs 36 per sq.ft. This value increased to Rs 268 per sq.ft in 2017, marking a substantial rise of 644%. Following this, the 2023 revision set the value at Rs 400 per sq.ft, reflecting a 49% increase from the previous figure. The most recent revision in 2024 has raised the guideline value to Rs 440 per sq.ft, 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 1122%.

Guideline values in Aval Poondurai

Aval Poondurai village has a total of 50 streets under the Avalpoondurai SRO, with 2024 guideline values ranging from Rs 225 to Rs 440 per sq.ft. The median value for these streets is Rs 225 per sq.ft, placing Avapoondurai Eswarankovil Street's 2024 figure above that median.

Stamp duty and registration fee for property in Avapoondurai Eswarankovil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 440 per sq.ft, the total guideline value amounts to Rs 4,40,000. The stamp duty at 7% would be Rs 30,800, and the registration fee at 2% would be Rs 8,800, bringing the total to Rs 39,600. It is important to 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 Avapoondurai Eswarankovil Street?

The Sub Registrar Office that covers Avapoondurai Eswarankovil Street is 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 details.

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

The guideline value plays a crucial role during the registration of property transactions in Aval Poondurai. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling a property.

When a property is registered, the guideline value is considered to ensure that the correct fees are applied, based on the higher of the guideline value or the sale price. This ensures transparency and compliance with local regulations during property transactions.

Frequently asked questions

What is the current guideline value of Avapoondurai Eswarankovil Street?

The current guideline value of Avapoondurai Eswarankovil 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 changed significantly from Rs 36 per sq.ft in 2003 to Rs 440 per sq.ft in 2024. The largest increase occurred from 2003 to 2017, where it rose by 644%.

What is the median guideline value for streets in Aval Poondurai?

The median guideline value for streets in Aval Poondurai is Rs 225 per sq.ft. Avapoondurai Eswarankovil Street's 2024 figure of Rs 440 per sq.ft is above this median.

What are the stamp duty rates for properties in Avapoondurai?

The stamp duty for properties in Avapoondurai is charged at 7% of the guideline value or sale price, whichever is higher. For example, a property valued at Rs 4,40,000 would incur a stamp duty of Rs 30,800.

Where can I find the Sub Registrar Office for Avapoondurai Eswarankovil Street?

The Sub Registrar Office for Avapoondurai Eswarankovil Street is located at Kangeyam Main Road, Bus Stop, Avalpoondurai-638115, Modakurichi Taluk, Erode District. You can find more information by visiting the SRO link provided.