Guideline Value for C.P.AVENUE

C.P.Avenue guideline value

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

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

The guideline value for C.P.Avenue has seen significant changes over the years. The earliest recorded figure is from the 2017 revision, which was Rs 335 per sq.ft. In the 2023 revision, the guideline value increased to Rs 704 per sq.ft, marking a substantial rise of 110%. The current revision for 2024 maintains this value at Rs 704 per sq.ft, showing no change from the previous year.

There are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 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's 2024 figure above that median.

• C.P.Avenue Extn: 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

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

For more information, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers C.P.Avenue?

The C.P.Avenue area is covered by the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in property transactions in Andipalayam. It is used to determine the stamp duty and registration fees that buyers must pay when purchasing property. This value is essential for ensuring that the correct fees are calculated based on the current market conditions.

When selling property, the guideline value helps establish a baseline for the transaction, ensuring that both parties are aware of the official value set by the government. This promotes transparency and helps avoid disputes during the registration process.

Frequently asked questions

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

The current guideline value of C.P.Avenue 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 2024, representing a total increase of 110% over this period.

Are there any years with no recorded guideline value for C.P.Avenue?

Yes, there are no recorded figures for C.P.Avenue in the years 2002, 2003, 2007, and 2012.

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

For a property valued at Rs 7,04,000, the stamp duty would be Rs 49,280, and the registration fee would be Rs 14,080, totaling Rs 63,360.

Which office handles the registration for C.P.Avenue?

The Tiruppur Joint I Sub Registrar Office handles the registration for C.P.Avenue, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.