Guideline Value for C.R.I.NAGAR (VALIYAMPALAYAM)

C.R.I.Nagar (Valiyampalayam) guideline value

The current guideline value of C.R.I.Nagar (Valiyampalayam) is Rs 1,050 per sq.ft, effective from 1 July 2024. This street is located in Kalapatty_west village under the Gandhipuram SRO, classified as Residential Class II Type - I.

How the guideline value of C.R.I.Nagar (Valiyampalayam) has changed

The guideline value for C.R.I.Nagar (Valiyampalayam) has seen significant revisions over the years. The 2017 revision set the value at Rs 335 per sq.ft, which then increased to Rs 1,000 per sq.ft in 2023. The latest revision in 2024 brought the value to Rs 1,050 per sq.ft, marking a 5% increase from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 213%.

It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street. The changes between revisions highlight a substantial rise, particularly from 2017 to 2023, where the increase was 199%.

Guideline values in Kalapatty_west

In Kalapatty_west, there are 357 streets under the Gandhipuram SRO with a 2024 guideline value ranging from Rs 1,010 to Rs 3,920 per sq.ft. The median value for these streets is Rs 1,060 per sq.ft, positioning C.R.I.Nagar (Valiyampalayam) below this median.

• C.R.I.Nagar: Rs 1,050 per sq.ft (2024)
• Cotton City: Rs 1,055 per sq.ft (2024)
• Decon Estate (Goldwins): Rs 1,065 per sq.ft (2024)
• Decon Nagar (Goldwins): Rs 1,065 per sq.ft (2024)
• College Nagar: Rs 1,050 per sq.ft (2024)
• C.N.Vasantham Nagar (Kalappatti): Rs 1,050 per sq.ft (2024)

Stamp duty and registration fee for property in C.R.I.Nagar (Valiyampalayam)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,050 per sq.ft, the total guideline value amounts to Rs 10,50,000. The stamp duty at 7% would be Rs 73,500, while the registration fee at 2% would be Rs 21,000, totaling Rs 94,500. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers C.R.I.Nagar (Valiyampalayam)?

The Sub Registrar Office that covers C.R.I.Nagar (Valiyampalayam) is the Gandhipuram Sub Registrar Office, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Kalapatty_west. It is used to determine the stamp duty and registration fees payable when buying or selling property. This value ensures that the government receives appropriate revenue from property transactions.

When registering a property, the guideline value serves as a benchmark for valuation. Buyers and sellers should be aware that the stamp duty and registration fees are calculated based on this guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of C.R.I.Nagar (Valiyampalayam)?

The current guideline value of C.R.I.Nagar (Valiyampalayam) is Rs 1,050 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed significantly from Rs 335 per sq.ft in 2017 to Rs 1,050 per sq.ft in 2024, representing an overall increase of 213% over this period.

What are the stamp duty and registration fees for property in C.R.I.Nagar?

For a property valued at Rs 10,50,000, the stamp duty is Rs 73,500 and the registration fee is Rs 21,000, totaling Rs 94,500.

Which office handles property registrations for C.R.I.Nagar?

The Gandhipuram Sub Registrar Office handles property registrations for C.R.I.Nagar (Valiyampalayam), located near Saravanampatti Police Station.

How is the guideline value determined for properties in Kalapatty_west?

The guideline value for properties in Kalapatty_west is determined by the Registration Department's guideline value register, which is revised periodically to reflect changes in property values in the area.