Guideline Value for C.K.MARAPPAGOUNDER NAGAR

C.K.Marappagounder Nagar guideline value

The current guideline value of C.K.Marappagounder Nagar is Rs 708 per sq.ft, effective from 1 July 2024. This area is located in Nallur village, under the Nallur_Tiruppur SRO, and is classified as Residential Class IV Type - I.

How the guideline value of C.K.Marappagounder Nagar has changed

The guideline value for C.K.Marappagounder Nagar has seen several revisions over the years. In 2012, the value was set at Rs 250 per sq.ft, which then decreased to Rs 167 per sq.ft in 2017. Following this, the value increased significantly to Rs 700 per sq.ft in 2023, and further rose to Rs 708 per sq.ft in the 2024 revision, marking a 1% increase from the previous year.

Overall, from 2012 to 2024, the guideline value has increased by 183%. The revisions for the years 2002, 2003, and 2007 do not have any figures listed for this street in the register.

Guideline values in Nallur

Nallur village has a total of 280 streets under the Nallur_Tiruppur SRO, with 2024 guideline values ranging from Rs 700 to Rs 1,764 per sq.ft. The median guideline value for these streets is Rs 714 per sq.ft, placing C.K.Marappagounder Nagar's 2024 figure below that median.

• Christian Colony: Rs 840 per sq.ft (2024)
• Convent Nagar: Rs 1,064 per sq.ft (2024)
• Chithralaya Nagar: Rs 704 per sq.ft (2024)
• Cheran Nagar: Rs 913 per sq.ft (2024)
• Cheran Employees Garden: Rs 712 per sq.ft (2024)
• Chennimalaipalayam Nattham: Rs 708 per sq.ft (2024)

Stamp duty and registration fee for property in C.K.Marappagounder Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 708 per sq.ft, the total guideline value amounts to Rs 7,08,000. The stamp duty at 7% would be Rs 49,560, and the registration fee at 2% would be Rs 14,160, making the total fees together Rs 63,720. 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 C.K.Marappagounder Nagar?

The Sub Registrar Office covering C.K.Marappagounder Nagar is the Nallur_Tiruppur Sub Registrar Office, located near Hotel Riverview, Nagapattinam 611002, in the Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Nallur. It helps determine the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value is used to assess the applicable duties and fees, ensuring that the transaction is compliant with local regulations.

Frequently asked questions

What is the current guideline value of C.K.Marappagounder Nagar?

The current guideline value of C.K.Marappagounder Nagar is Rs 708 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 250 per sq.ft in 2012 to Rs 167 per sq.ft in 2017, then to Rs 700 per sq.ft in 2023, and finally to Rs 708 per sq.ft in 2024.

What is the median guideline value for streets in Nallur?

The median guideline value for streets in Nallur is Rs 714 per sq.ft, with C.K.Marappagounder Nagar's 2024 figure being below this median.

What are the stamp duty and registration fees for property in C.K.Marappagounder Nagar?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a property valued at Rs 7,08,000, the total fees would be Rs 63,720.

Where is the Sub Registrar Office for C.K.Marappagounder Nagar located?

The Sub Registrar Office for C.K.Marappagounder Nagar is the Nallur_Tiruppur Sub Registrar Office, located near Hotel Riverview, Nagapattinam 611002, Coimbatore registration zone.