Guideline Value for CHANDRAKALA TOWNSHIP PHASE-2

Chandrakala Township Phase-2 guideline value

The current guideline value of Chandrakala Township Phase-2 is Rs 1,792 per sq.ft. This property is located in Singanallur village, under the Singanallur SRO, and is classified as Residential Special Type - II.

How the guideline value of Chandrakala Township Phase-2 has changed

In the 2023 revision, the guideline value was set at Rs 1,600 per sq.ft. The most recent revision in 2024 has increased this value to Rs 1,792 per sq.ft, marking a change of +12%. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 in the register for this street.

The guideline value for Chandrakala Township Phase-2 has seen a significant increase from the previous year, reflecting the latest adjustments made by the Registration Department. Such revisions are essential for determining the value of properties in the area.

Guideline values in Singanallur

In Singanallur, there are 313 streets under the Singanallur SRO, with guideline values ranging from Rs 1,000 to Rs 3,360 per sq.ft. The median guideline value for the village is Rs 1,120 per sq.ft, which means that the guideline value for Chandrakala Township Phase-2 is above this median.

• Chandrakala Township: Rs 1,792 per sq.ft (2024)
• Chandrakala Township Phase-I: Rs 1,792 per sq.ft (2024)
• B.R. Thottam: Rs 1,001 per sq.ft (2024)
• Cherannagar: Rs 1,568 per sq.ft (2024)
• Brindavan Nagar II: Rs 1,120 per sq.ft (2024)
• Boyar Veethi 1,2,3,4: Rs 1,120 per sq.ft (2024)

Stamp duty and registration fee for property in Chandrakala Township Phase-2

For a 1,000 sq.ft plot at the current guideline value of Rs 1,792 per sq.ft, the total guideline value would be Rs 17,92,000. The stamp duty at 7% would amount to Rs 1,25,440, while the registration fee at 2% would be Rs 35,840, bringing the total cost for these fees to Rs 1,61,280. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Chandrakala Township Phase-2?

The Chandrakala Township Phase-2 is covered by the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Singanallur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that all transactions are documented accurately.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees, which are necessary for completing the transaction legally. It is important for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Chandrakala Township Phase-2?

The current guideline value of Chandrakala Township Phase-2 is Rs 1,792 per sq.ft as per the 2024 revision.

How has the guideline value changed over the years?

The guideline value for this street was Rs 1,600 per sq.ft in 2023 and has increased to Rs 1,792 per sq.ft in 2024. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification for Chandrakala Township Phase-2?

Chandrakala Township Phase-2 is classified as Residential Special Type - II. This classification is important for determining the permissible uses of the property.

What are the stamp duty rates in Singanallur?

The stamp duty rate is 7% of the guideline value or sale price, whichever is higher. Additionally, there is a registration fee of 2% applicable to the transaction.

Where can I find the Sub Registrar Office for Chandrakala Township Phase-2?

The Singanallur Sub Registrar Office covers Chandrakala Township Phase-2 and is located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111. You can find more information about it online.