Guideline Value

Corporate

Guideline Value for CHANDRA COLONY 1ST STREET

₹840/sq.ft.

The guideline value for Chandra Colony 1st Street in Ward - D village (Tiruppur Joint I SRO, Coimbatore zone) is Rs 840 per sq.ft, effective 1 July 2024. It was Rs 750 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward - D

Village

Tiruppur Joint I

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹840 /sq.ft.
From 1-4-2023 ₹750 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹502 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹750 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹605 /sq.ft.
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)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960088
[email protected]

DRO (District Registrar Office)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960044
[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Chandra Colony 1st Street

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Chandra Colony 1st Street guideline value

The current guideline value of Chandra Colony 1st Street is Rs 840 per sq.ft, effective from 1 July 2024. This street is located in Ward - D village under the Tiruppur Joint I SRO and is classified as Residential Class IV Type - I.

How the guideline value of Chandra Colony 1st Street has changed

The guideline value for Chandra Colony 1st Street has seen several revisions over the years. The earliest recorded figure is from 2007, which was Rs 605 per sq.ft. This increased to Rs 750 per sq.ft in 2012, but then decreased to Rs 502 per sq.ft in 2017. The 2023 revision marked a significant increase to Rs 750 per sq.ft, followed by the latest revision in 2024, which raised it to Rs 840 per sq.ft. There are no figures available for the years 2002 and 2003 for this street.

Between the revisions, the changes were notable. From 2017 to 2023, the value increased by 49%, while from 2012 to 2017, it decreased by 33%. The value rose by 24% from 2007 to 2012. Overall, from 2007 to 2024, the guideline value has increased by 39%.

Guideline values in Ward - D

In Ward - D, there are 75 streets under the Tiruppur Joint I SRO with a 2024 guideline value ranging from Rs 840 to Rs 4,480 per sq.ft. The median value for these streets is Rs 1,455 per sq.ft, placing Chandra Colony 1st Street below that median.

Stamp duty and registration fee for property in Chandra Colony 1st Street

For a 1,000 sq.ft plot at the current guideline value of Rs 840 per sq.ft, the total guideline value amounts to Rs 8,40,000. The stamp duty at 7% would be Rs 58,800, and the registration fee at 2% would be Rs 16,800, leading to a total cost of Rs 75,600. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Chandra Colony 1st Street?

The Chandra Colony 1st Street falls under the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. You can find your SRO for additional information.

How the guideline value is used when you buy or sell in Ward - D

The guideline value is a crucial factor during the registration of property transactions in Ward - D. It serves as a benchmark for calculating the stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property sales.

When buying or selling property, the guideline value helps determine the minimum price at which the property can be registered. This means that if the sale price is lower than the guideline value, the duty will be calculated based on the guideline value instead.

Frequently asked questions

What is the current guideline value of Chandra Colony 1st Street?

The current guideline value of Chandra Colony 1st Street is Rs 840 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 605 per sq.ft in 2007 to Rs 840 per sq.ft in 2024, with various revisions in between.

What is the land classification for Chandra Colony 1st Street?

Chandra Colony 1st Street is classified as Residential Class IV Type - I.

Where can I find the registration office for Chandra Colony 1st Street?

The registration office for Chandra Colony 1st Street is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.

How is stamp duty calculated for property transactions?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, if the guideline value is Rs 8,40,000, the stamp duty at 7% would be Rs 58,800.