Guideline Value for Breeze Avenue

Breeze Avenue guideline value

The current guideline value of Breeze Avenue in Anupparpalayam village is Rs 1,015 per sq.ft, effective from 1 July 2024. This area falls under the Coimbatore North Joint 1 SRO and is classified as Residential Class III Type - I.

How the guideline value of Breeze Avenue has changed

The guideline value for Breeze Avenue has undergone several revisions over the years. In the 2017 revision, the value was set at Rs 301 per sq.ft. This figure increased significantly to Rs 1,000 per sq.ft in the 2023 revision, marking a change of 232%. The most recent revision in 2024 saw the guideline value rise to Rs 1,015 per sq.ft, reflecting a 2% increase from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 237%.

Guideline values in Anupparpalayam

In Anupparpalayam, there are 44 streets under the Coimbatore North Joint 1 SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 1,400 per sq.ft. The median value for these streets is Rs 1,025 per sq.ft, placing Breeze Avenue's 2024 figure below this median.

• BY -Pass Road: Rs 1,400 per sq.ft (2024)
• Classic City(A Block): Rs 1,045 per sq.ft (2024)
• Classic City (B Block): Rs 1,045 per sq.ft (2024)
• Classic City (C Block): Rs 1,045 per sq.ft (2024)
• Bismi Nagar: Rs 1,020 per sq.ft (2024)
• Bharath Nagar: Rs 1,060 per sq.ft (2024)

Stamp duty and registration fee for property in Breeze Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 1,015 per sq.ft, the total guideline value amounts to Rs 10,15,000. The stamp duty at 7% would be Rs 71,050, and the registration fee at 2% would be Rs 20,300, bringing the total cost for these fees to Rs 91,350. It is essential to note that duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Breeze Avenue?

The Sub Registrar Office that covers Breeze Avenue is the Coimbatore North Joint 1 Sub Registrar Office, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001. You can find your SRO for more information.

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

The guideline value plays a crucial role when buying or selling property in Anupparpalayam. It is used to determine the stamp duty and registration fees that are applicable during the registration process. Buyers and sellers must be aware of the guideline value to ensure compliance with local regulations and to calculate the associated costs accurately.

When a property is sold, the guideline value is considered to ensure that the transaction is recorded at a value that reflects the official rates set by the government. This helps maintain transparency in property transactions and ensures that the correct fees are collected at the time of registration.

Frequently asked questions

What is the current guideline value of Breeze Avenue?

The current guideline value of Breeze Avenue is Rs 1,015 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since 2017, the guideline value has increased from Rs 301 per sq.ft to Rs 1,015 per sq.ft, marking an overall change of 237%.

What is the median guideline value for streets in Anupparpalayam?

The median guideline value for streets in Anupparpalayam is Rs 1,025 per sq.ft for the year 2024.

What are the stamp duty rates for property in Breeze Avenue?

The stamp duty rate for property in Breeze Avenue is 7% of the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office for Breeze Avenue located?

The Sub Registrar Office for Breeze Avenue is located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001.