Guideline Value for C.G. Pudur - V.O.C Street

C.G. Pudur - V.O.C Street guideline value

The current guideline value of C.G. Pudur - V.O.C Street is Rs 225 per sq.ft, effective from 1 July 2024. This street is located in Ettimadai village and falls under the Madukkarai SRO, classified as Residential Class II Type - II.

How the guideline value of C.G. Pudur - V.O.C Street has changed

The guideline value for C.G. Pudur - V.O.C Street has seen several revisions over the years. In 2012, the value was set at Rs 100 per sq.ft, which increased to Rs 67 per sq.ft in 2017. This marked a decrease of 33%. However, from 2017 to 2023, the value surged to Rs 200 per sq.ft, reflecting a significant increase of 199%. The most recent revision in 2024 has raised the guideline value to Rs 225 per sq.ft, representing a 13% increase from the previous year.

There are no recorded figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 125%.

Guideline values in Ettimadai

Ettimadai village has a total of 73 streets under the Madukkarai SRO, with guideline values ranging from Rs 225 to Rs 750 per sq.ft. The median guideline value stands at Rs 225 per sq.ft, which is the same as the 2024 figure for C.G. Pudur - V.O.C Street.

• C.G. Pudur - Valluvar Street: Rs 225 per sq.ft (2024)
• C.G. Pudur - Thiru.V.K. Street: Rs 225 per sq.ft (2024)
• C.G. Pudur - Patel Street: Rs 225 per sq.ft (2024)
• C.G. Pudur - Kumaran Street: Rs 225 per sq.ft (2024)
• C.G. Pudur - Gandhi Street: Rs 225 per sq.ft (2024)
• C.G. Pudur - Ayyampathi: Rs 225 per sq.ft (2024)

Stamp duty and registration fee for property in C.G. Pudur - V.O.C Street

For a 1,000 sq.ft plot at the current rate of Rs 225 per sq.ft, the guideline value amounts to Rs 2,25,000. The stamp duty at 7% would be Rs 15,750, and the registration fee at 2% would be Rs 4,500, bringing the total to Rs 20,250. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers C.G. Pudur - V.O.C Street?

The C.G. Pudur - V.O.C Street is covered by the Madukkarai Sub Registrar Office, located at 365. Gandhi Nagar, Near Quarry Office, Palakkad Main Road, Madukkarai, Coimbatore. 641105. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Ettimadai. It is used to determine the stamp duty and registration fees applicable to the transaction, ensuring that the government receives the appropriate revenue from property transactions.

When a property is sold, the guideline value serves as a benchmark for the minimum value at which the property can be registered. This helps in maintaining transparency and accountability in property transactions within the region.

Frequently asked questions

What is the current guideline value of C.G. Pudur - V.O.C Street?

The current guideline value of C.G. Pudur - V.O.C Street is Rs 225 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 100 per sq.ft in 2012 to Rs 225 per sq.ft in 2024, with notable increases in 2023 and 2024.

What is the land classification of C.G. Pudur - V.O.C Street?

C.G. Pudur - V.O.C Street is classified as Residential Class II Type - II.

What are the stamp duty and registration fees for property in C.G. Pudur - V.O.C Street?

For a property valued at Rs 2,25,000, the stamp duty would be Rs 15,750 and the registration fee would be Rs 4,500, totaling Rs 20,250.

Which office handles registrations for C.G. Pudur - V.O.C Street?

The Madukkarai Sub Registrar Office handles registrations for C.G. Pudur - V.O.C Street, located at 365. Gandhi Nagar, Near Quarry Office, Palakkad Main Road, Madukkarai, Coimbatore. 641105.