Guideline Value for C.M.NAGAR

C.M.Nagar guideline value

The current guideline value of C.M.Nagar is Rs 1,010 per sq.ft, effective from 1 July 2024. This street is located in Ganapathy village under the Ganapathy Sub Registrar Office (SRO) and falls under Residential Class I Type - III land classification.

How the guideline value of C.M.Nagar has changed

The guideline value for C.M.Nagar has undergone several revisions over the years. In the 2017 revision, the value was set at Rs 502 per sq.ft, which saw a significant increase to Rs 1,000 per sq.ft in the 2023 revision. The most recent revision in 2024 raised the guideline value to Rs 1,010 per sq.ft, marking a 1% increase from the previous year.

Between the 2017 and 2023 revisions, the guideline value increased by 99%. Overall, from 2017 to 2024, the guideline value has risen by 101%. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Ganapathy

In Ganapathy village, there are 324 streets under the Ganapathy SRO that carry a guideline value for 2024, ranging from Rs 1,007 to Rs 4,595 per sq.ft. The median guideline value for these streets is Rs 1,120 per sq.ft, placing C.M.Nagar's 2024 figure below that median.

• C M S Nagar: Rs 1,010 per sq.ft (2024)
• Chinnath Thottam.Seva Nagar: Rs 1,010 per sq.ft (2024)
• Chinnasamy Nagar: Rs 1,400 per sq.ft (2024)
• Deivanayaki Nagar/Krishna Layout: Rs 1,400 per sq.ft (2024)
• Devapuram: Rs 1,120 per sq.ft (2024)
• Dharani Nagar.Ganapathy Pudur Veethi No-7: Rs 1,010 per sq.ft (2024)

Stamp duty and registration fee for property in C.M.Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,010 per sq.ft, the total guideline value amounts to Rs 10,10,000. The stamp duty at 7% would be Rs 70,700, and the registration fee at 2% would be Rs 20,200, bringing the total to Rs 90,900. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers C.M.Nagar?

The Ganapathy Sub Registrar Office covers C.M.Nagar, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore - 641006. You can find your SRO for further assistance.

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

The guideline value is a crucial factor when registering property transactions in Ganapathy. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction process.

Frequently asked questions

What is the current guideline value of C.M.Nagar?

The current guideline value of C.M.Nagar is Rs 1,010 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 502 per sq.ft to Rs 1,010 per sq.ft in 2024, marking an overall increase of 101%.

What are the other streets in Ganapathy with similar guideline values?

Other streets in Ganapathy with similar guideline values include C M S Nagar and Chinnath Thottam.Seva Nagar, both at Rs 1,010 per sq.ft for 2024.

How are stamp duty and registration fees calculated in C.M.Nagar?

Stamp duty is calculated at 7% of the guideline value, while the registration fee is 2%. For a property valued at Rs 10,10,000, the total fees would amount to Rs 90,900.

Where can I find the Ganapathy Sub Registrar Office?

The Ganapathy Sub Registrar Office is located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore - 641006.