Guideline Value for CHANDRAPURAM NATHAM

Chandrapuram Natham guideline value

The current guideline value of Chandrapuram Natham is Rs 716 per sq.ft, effective from 1 July 2024. This area is located in Nallur village, under the Nallur_Tiruppur SRO, and is classified as Residential Class I Type - II.

How the guideline value of Chandrapuram Natham has changed

The guideline value for Chandrapuram Natham has seen several revisions over the years. Starting from the 2012 revision, the value was Rs 400 per sq.ft. It then decreased to Rs 268 per sq.ft in 2017. Following this, there was a significant increase to Rs 700 per sq.ft in 2023, and the current value stands at Rs 716 per sq.ft from the 2024 revision, reflecting a 2% increase from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 79%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Nallur

In Nallur, there are 280 streets under the Nallur_Tiruppur SRO with a 2024 guideline value ranging from Rs 700 to Rs 1,764 per sq.ft. The median value for these streets is Rs 714 per sq.ft, placing Chandrapuram Natham's 2024 figure above this median.

• CHANDRAPURAM MAIN ROAD(PAP Nagar Road To Sevandhampalayam): Rs 913 per sq.ft (2024)
• CHANDRAPURAM MAIN ROAD (Dharapuram Road To PAP Nagar Road): Rs 913 per sq.ft (2024)
• Canarabank Colony: Rs 708 per sq.ft (2024)
• Chennimalaipalayam Ad Colony Nattham: Rs 701 per sq.ft (2024)
• Chennimalaipalayam Nattham: Rs 708 per sq.ft (2024)
• Cheran Employees Garden: Rs 712 per sq.ft (2024)

Stamp duty and registration fee for property in Chandrapuram Natham

For a 1,000 sq.ft plot at the current guideline value of Rs 716 per sq.ft, the total guideline value would be Rs 7,16,000. The stamp duty at 7% would be Rs 50,120, and the registration fee at 2% would be Rs 14,320, bringing the total fees to Rs 64,440. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Chandrapuram Natham?

The Sub Registrar Office that covers Chandrapuram Natham is the Nallur_Tiruppur Sub Registrar Office, located near Hotel Riverview, Nagapattinam 611002, in the Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Nallur. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on the official value of the property rather than the negotiated sale price.

When buying or selling property, it is essential to be aware of the current guideline value, as it directly impacts the overall cost of the transaction. Buyers should ensure they are prepared for these additional costs when planning their purchases.

Frequently asked questions

What is the current guideline value of Chandrapuram Natham?

The current guideline value of Chandrapuram Natham is Rs 716 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 400 per sq.ft in 2012 to Rs 268 per sq.ft in 2017, then to Rs 700 per sq.ft in 2023, and finally to Rs 716 per sq.ft in 2024.

What is the median guideline value in Nallur?

The median guideline value for the 280 streets in Nallur under the Nallur_Tiruppur SRO is Rs 714 per sq.ft.

What are the stamp duty and registration fees for property in Chandrapuram Natham?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would be Rs 64,440.

Which office handles property registration for Chandrapuram Natham?

The Nallur_Tiruppur Sub Registrar Office handles property registration for Chandrapuram Natham, located near Hotel Riverview, Nagapattinam 611002.