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Guideline Value

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Guideline value, street

Guideline Value for Avinashi - Tirupur Main Road ( Ammapalayam To Thirumuruganpoondi)

₹615/sq.ft.effective 1 July 2024

Coimbatore zone Rakkiyapalayam village Avinasi SRO Commercial Class I Type - I

The guideline value for Avinashi - Tirupur Main Road ( Ammapalayam To Thirumuruganpoondi) in Rakkiyapalayam village (Avinasi SRO, Coimbatore zone) is Rs 615 per sq.ft, effective 1 July 2024. It was Rs 550 per sq.ft from 1 April 2023, a 12% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

History
Period Guideline Value
From 1-7-2024 ₹615 /sq.ft.
From 1-4-2023 ₹550 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹800 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
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)

6/171 Post Office Road, Avinashi Main Road, Avanashi, Coimbatore.641654
04296-290026
[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 Avinashi - Tirupur Main Road ( Ammapalayam To Thirumuruganpoondi)

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Avinashi - Tirupur Main Road ( Ammapalayam To Thirumuruganpoondi) guideline value

The current guideline value of Avinashi - Tirupur Main Road ( Ammapalayam To Thirumuruganpoondi) is Rs 615 per sq.ft, effective from 1 July 2024. This property is located in Rakkiyapalayam village under the Avinasi SRO, classified as Commercial Class I Type - I.

How the guideline value of Avinashi - Tirupur Main Road ( Ammapalayam To Thirumuruganpoondi) has changed

The guideline value for this street has undergone several revisions over the years. In 2012, the value was set at Rs 800 per sq.ft, which decreased to Rs 536 per sq.ft in 2017. Following this, the value increased to Rs 550 per sq.ft in 2023, and currently stands at Rs 615 per sq.ft as of the 2024 revision. The register has no figures for the years 2002, 2003, and 2007.

From 2012 to 2017, there was a decline of 33%. However, from 2017 to 2023, the value increased by 3%, and from 2023 to 2024, it rose by 12%. Overall, the guideline value has decreased by 23% from 2012 to 2024.

Guideline values in Rakkiyapalayam

Rakkiyapalayam has a total of 88 streets under the Avinasi SRO that carry a 2024 guideline value, ranging from Rs 342 to Rs 615 per sq.ft. The median guideline value in this area is Rs 500 per sq.ft, making the current value of Rs 615 per sq.ft for this street above the median.

Stamp duty and registration fee for property in Avinashi - Tirupur Main Road ( Ammapalayam To Thirumuruganpoondi)

For a 1,000 sq.ft plot at the current guideline value of Rs 615 per sq.ft, the total guideline value amounts to Rs 6,15,000. The stamp duty at 7% would be Rs 43,050, and the registration fee at 2% would be Rs 12,300, bringing the total fees to Rs 55,350. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for further assistance.

Which Sub Registrar Office covers Avinashi - Tirupur Main Road ( Ammapalayam To Thirumuruganpoondi)?

The Avinasi Sub Registrar Office covers this area, located at 6/171 Post Office Road, Avinashi Main Road, Avanashi, Coimbatore.641654, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions within Rakkiyapalayam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency in real estate dealings.

When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees, which are mandatory costs associated with property transactions. This ensures that both buyers and sellers are aware of the financial obligations involved in the registration process.

Frequently asked questions

What is the current guideline value of Avinashi - Tirupur Main Road ( Ammapalayam To Thirumuruganpoondi)?

The current guideline value of Avinashi - Tirupur Main Road ( Ammapalayam To Thirumuruganpoondi) is Rs 615 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 800 per sq.ft in 2012 to Rs 536 per sq.ft in 2017, then to Rs 550 per sq.ft in 2023, and finally to Rs 615 per sq.ft in 2024. The register has no figures for the years 2002, 2003, and 2007.

What is the median guideline value in Rakkiyapalayam?

The median guideline value in Rakkiyapalayam is Rs 500 per sq.ft. The current value of Rs 615 per sq.ft for this street is above the median.

What are the stamp duty and registration fees for property transactions?

The stamp duty is charged at 7% of the guideline value or sale price, whichever is higher, while the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would amount to Rs 55,350.

Where is the Avinasi Sub Registrar Office located?

The Avinasi Sub Registrar Office is located at 6/171 Post Office Road, Avinashi Main Road, Avanashi, Coimbatore.641654, Coimbatore registration zone.