Guideline Value

Corporate

Guideline Value for C.K.S. NAGAR

₹1095/sq.ft.

The guideline value for C.k.s. Nagar in Chinnavedampatty. village (Gandhipuram SRO, Coimbatore zone) is Rs 1095 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Chinnavedampatty.

Village

Gandhipuram

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹1095 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹268 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹400 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Sro Gandhipuram,kalapatti Road,near Saravanampatti Poilce Station,saravanampatti-641035
0422-2666669
[email protected]

DRO (District Registrar Office)

District Registara Office, Syriyan Church Road, Corporation Marriage Hall, Coimbatore -641001
0422-2300722
[email protected],[email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on C.k.s. Nagar

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C.K.S. Nagar guideline value

The current guideline value of C.K.S. Nagar, located in Chinnavedampatty, is Rs 1,095 per sq.ft, effective from 1 July 2024. This area falls under the Gandhipuram SRO and is classified as Residential Class I Type - III.

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

The guideline value for C.K.S. Nagar has seen significant changes over the years. In 2012, the value was Rs 400 per sq.ft, which decreased to Rs 268 per sq.ft in 2017. Following this, the value rose sharply to Rs 1,000 per sq.ft in 2023, and currently stands at Rs 1,095 per sq.ft as of the 2024 revision. Notably, there are no figures available for the years 2002, 2003, and 2007.

When examining the changes, the revision from 2012 to 2017 saw a decrease of 33%. However, from 2017 to 2023, there was a substantial increase of 273%. The most recent revision from 2023 to 2024 reflects a 10% increase. Overall, the guideline value has increased by 174% from 2012 to 2024.

Guideline values in Chinnavedampatty.

In Chinnavedampatty, there are 144 streets under the Gandhipuram SRO that carry a 2024 guideline value ranging from Rs 1,010 to Rs 2,000 per sq.ft, with the median value being Rs 1,095 per sq.ft. C.K.S. Nagar's current guideline value aligns with this median.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 1,095 per sq.ft, the total guideline value amounts to Rs 10,95,000. The stamp duty at 7% would be Rs 76,650, and the registration fee at 2% would be Rs 21,900, leading to a total of Rs 98,550. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers C.K.S. Nagar?

The Sub Registrar Office that covers C.K.S. Nagar is the Gandhipuram Sub Registrar Office, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

To find your specific SRO, you can visit find your SRO.

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

The guideline value plays a crucial role during the registration of property transactions. It serves as a benchmark for determining the minimum value on which stamp duty and registration fees are calculated. Buyers and sellers must be aware of the guideline value to ensure compliance with local regulations.

When a property is sold, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue from property transactions in Chinnavedampatty.

Frequently asked questions

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

The current guideline value of C.K.S. Nagar is Rs 1,095 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Over the years, the guideline value has changed significantly, from Rs 400 per sq.ft in 2012 to Rs 1,095 per sq.ft in 2024. The most notable increase occurred between 2017 and 2023, where the value rose by 273%.

What is the stamp duty rate for property in C.K.S. Nagar?

The stamp duty rate for property transactions in C.K.S. Nagar is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for C.K.S. Nagar?

The Sub Registrar Office for C.K.S. Nagar is the Gandhipuram Sub Registrar Office, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

How is the guideline value used in property transactions?

The guideline value is used as a basis for calculating stamp duty and registration fees during property transactions. It ensures that the government receives the appropriate revenue based on the property's value.