Guideline Value for C.P.AVENUE EXTN

C.P.Avenue Extn guideline value

The current guideline value of C.P.Avenue Extn is Rs 704 per sq.ft, effective from 1 July 2024. This property is located in Andipalayam village, under the Tiruppur Joint I SRO, and is classified as Residential Special Type - I.

How the guideline value of C.P.Avenue Extn has changed

The guideline value for C.P.Avenue Extn has seen significant changes over the years. In the 2017 revision, the value was Rs 335 per sq.ft. This figure rose to Rs 704 per sq.ft in the 2023 revision, marking an increase of 110%. The current 2024 revision maintains the same value of Rs 704 per sq.ft, indicating no change from the previous year.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. Therefore, the overall increase from the 2017 revision to the 2024 revision is also 110%.

Guideline values in Andipalayam

In Andipalayam, there are 66 streets under the Tiruppur Joint I SRO with a 2024 guideline value ranging from Rs 700 to Rs 1,045 per sq.ft. The median value for these streets is Rs 701 per sq.ft, placing C.P.Avenue Extn's value above this median.

• C.P.Avenue: Rs 704 per sq.ft (2024)
• Classic Avenue: Rs 700 per sq.ft (2024)
• Devar Garden: Rs 705 per sq.ft (2024)
• Dhanalakshmi Nagar: Rs 700 per sq.ft (2024)
• Dhanavarshini Avenue: Rs 700 per sq.ft (2024)
• Chinthamani Nagar: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in C.P.Avenue Extn

For a 1,000 sq.ft plot at the current rate of Rs 704 per sq.ft, the guideline value would be Rs 7,04,000. The stamp duty at 7% would amount to Rs 49,280, and the registration fee at 2% would be Rs 14,080, totaling Rs 63,360. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers C.P.Avenue Extn?

The Sub Registrar Office that covers C.P.Avenue Extn is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

To find your SRO, visit find your SRO.

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

The guideline value plays a crucial role during the registration of property transactions in Andipalayam. It is used to determine the stamp duty and registration fees that buyers and sellers must pay when completing a property transaction.

When a property is sold, the guideline value is considered to ensure that the transaction is recorded accurately. This value helps maintain transparency and standardization in property dealings within the region.

Frequently asked questions

What is the current guideline value of C.P.Avenue Extn?

The current guideline value of C.P.Avenue Extn is Rs 704 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 335 per sq.ft in 2017 to Rs 704 per sq.ft in 2023, marking a 110% increase. The value remains the same in the 2024 revision.

What is the median guideline value for streets in Andipalayam?

The median guideline value for the 66 streets in Andipalayam is Rs 701 per sq.ft. C.P.Avenue Extn's value is above this median.

What are the stamp duty and registration fees for a property in C.P.Avenue Extn?

For a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 63,360, based on the current guideline value of Rs 7,04,000.

Which Sub Registrar Office covers the properties in C.P.Avenue Extn?

The Tiruppur Joint I Sub Registrar Office covers properties in C.P.Avenue Extn, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.