Guideline Value for CHAPPANIMADAI KOTTATHUKKADU ROAD

Chappanimadai Kottathukkadu Road guideline value

The current guideline value for Chappanimadai Kottathukkadu Road is Rs 175 per sq.ft, effective from 1 July 2024. This road is located in Mathuvarayapuram village, under the Thondamuthur SRO. The land classification for this area is Residential Class II Type - III.

How the guideline value of Chappanimadai Kottathukkadu Road has changed

The guideline value for Chappanimadai Kottathukkadu Road has undergone several revisions over the years. In 2012, the value was set at Rs 175 per sq.ft, which remained unchanged until the 2017 revision, where it decreased to Rs 117 per sq.ft. From 2017 to 2023, the value increased by 50%, bringing it back to Rs 175 per sq.ft. As of the 2024 revision, the guideline value remains at Rs 175 per sq.ft, showing no change from the previous year.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Therefore, the revisions we can reference are from 2012, 2017, 2023, and 2024.

Guideline values in Mathuvarayapuram

In Mathuvarayapuram, there are 55 streets under the Thondamuthur SRO that carry a 2024 guideline value ranging from Rs 126 to Rs 500 per sq.ft. The median value for these streets is Rs 175 per sq.ft, which is equal to the guideline value of Chappanimadai Kottathukkadu Road.

• Chappanimadai Ayyampagai Road: Rs 175 per sq.ft (2024)
• Chappanimadai Road: Rs 175 per sq.ft (2024)
• Chappanimadai Thottappakuthigal: Rs 175 per sq.ft (2024)
• Chappanimadai Veenas Garden: Rs 175 per sq.ft (2024)
• Dhombilipalayam Attimuthu Gounder Street: Rs 175 per sq.ft (2024)
• Dhombilipalayam Bharathi Street (Park School): Rs 175 per sq.ft (2024)

Stamp duty and registration fee for property in Chappanimadai Kottathukkadu Road

For a 1,000 sq.ft plot at the current guideline value of Rs 175 per sq.ft, the total guideline value would be Rs 1,75,000. The stamp duty at 7% would amount to Rs 12,250, and the registration fee at 2% would be Rs 3,500, making the total charges Rs 15,750. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Chappanimadai Kottathukkadu Road?

The Chappanimadai Kottathukkadu Road is covered by the Thondamuthur Sub Registrar Office, located at 5/33, Chinnammal Complex, Mappillai Gounder Thottam, Narasipuram Main Road, Thondamuthur, Perur Taluk, Coimbatore- 641 108, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Mathuvarayapuram. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the registration process. Buyers and sellers must be aware of the current guideline value to ensure compliance with legal requirements.

When a property is registered, the guideline value is used to calculate the applicable charges, ensuring that the transaction is documented accurately. This value helps maintain transparency in property transactions and provides a standardized method for assessing property values within the region.

Frequently asked questions

What is the current guideline value of Chappanimadai Kottathukkadu Road?

The current guideline value of Chappanimadai Kottathukkadu Road is Rs 175 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several changes, notably increasing from Rs 117 per sq.ft in 2017 to Rs 175 per sq.ft in 2023, and remaining the same in 2024. The value was also Rs 175 per sq.ft in 2012.

What is the land classification for Chappanimadai Kottathukkadu Road?

The land classification for Chappanimadai Kottathukkadu Road is Residential Class II Type - III, indicating its suitability for residential development.

Where can I find the Thondamuthur Sub Registrar Office?

The Thondamuthur Sub Registrar Office is located at 5/33, Chinnammal Complex, Mappillai Gounder Thottam, Narasipuram Main Road, Thondamuthur, Perur Taluk, Coimbatore- 641 108.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 1,75,000, the stamp duty would be Rs 12,250 at 7%.