Guideline Value for Avinashi Road

Avinashi Road guideline value

The current guideline value of Avinashi Road in Punjaipuliampatti village is Rs 335 per sq.ft, effective from 1 July 2024. This area falls under the Punchaipuliyampatti SRO and is classified as Residential Class II Type - II.

How the guideline value of Avinashi Road has changed

The guideline value for Avinashi Road has undergone several revisions over the years. The earliest recorded figure is from 2007, where it was Rs 95 per sq.ft. This value increased significantly to Rs 300 per sq.ft in 2012, marking a rise of 216%. However, in 2017, the guideline value decreased to Rs 201 per sq.ft, reflecting a decline of 33%. The value then rose again to Rs 300 per sq.ft in 2023, before reaching the current figure of Rs 335 per sq.ft in 2024, which is a 12% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 253%. The revisions from 2002 and 2003 do not have any recorded figures for this street in the register.

Guideline values in Punjaipuliampatti

Punjaipuliampatti village has a total of 116 streets under the Punchaipuliyampatti SRO that carry a 2024 guideline value ranging from Rs 335 to Rs 1,680 per sq.ft, with a median value of Rs 780 per sq.ft. The guideline value of Avinashi Road is below this median.

• Awvai Street: Rs 560 per sq.ft (2024)
• Balasubramaniam Street: Rs 1,120 per sq.ft (2024)
• Arijana Colony: Rs 335 per sq.ft (2024)
• Bharathidhasan Street: Rs 780 per sq.ft (2024)
• Anna Street: Rs 780 per sq.ft (2024)
• Bharathi Street: Rs 780 per sq.ft (2024)

Stamp duty and registration fee for property in Avinashi Road

For a 1,000 sq.ft plot at the current guideline value of Rs 335 per sq.ft, the total guideline value would be Rs 3,35,000. The stamp duty at 7% would be Rs 23,450, and the registration fee at 2% would be Rs 6,700, resulting in a total of Rs 30,150. 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 more details.

Which Sub Registrar Office covers Avinashi Road?

The Avinashi Road area is covered by the Punchaipuliyampatti Sub Registrar Office, located at Chathiram Road, Bus Stand Back Side, Punjai Puliayampatti-638459, Coimbatore registration zone. To find your specific SRO, you can visit find your SRO.

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

The guideline value is a critical component in the registration process when buying or selling property in Punjaipuliampatti. It determines the minimum value at which a property can be registered and is used to calculate the stamp duty and registration fees payable at the time of the transaction.

When a property is sold, the guideline value ensures that the transaction is recorded at a fair value, which is essential for both the buyer and seller. It also helps in maintaining transparency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Avinashi Road?

The current guideline value of Avinashi Road is Rs 335 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 95 per sq.ft in 2007 to Rs 335 per sq.ft in 2024, reflecting an overall increase of 253% over the years.

What are the stamp duty rates for properties in Avinashi Road?

The stamp duty for properties in Avinashi Road is charged at 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Avinashi Road?

The Sub Registrar Office covering Avinashi Road is located at Chathiram Road, Bus Stand Back Side, Punjai Puliayampatti-638459, Coimbatore registration zone.

What is the median guideline value in Punjaipuliampatti?

The median guideline value in Punjaipuliampatti is Rs 780 per sq.ft for the year 2024, with Avinashi Road's guideline value being below this median.