Guideline Value for CHELLANDIAMMAN DURAI (WASTELAND)

Chellandiamman Durai (Wasteland) guideline value

The current guideline value of Chellandiamman Durai (Wasteland) is Rs 1,210 per sq.ft, effective from 1 July 2024. This property is located in Ward - H under the Tiruppur Joint II SRO, and is classified as Residential Special Type - I.

How the guideline value of Chellandiamman Durai (Wasteland) has changed

The guideline value for Chellandiamman Durai (Wasteland) has undergone several revisions over the years. In 2012, the value was Rs 1,100 per sq.ft, which decreased to Rs 737 per sq.ft in 2017. Following this, the value increased significantly to Rs 1,100 per sq.ft in 2023, and then rose again to Rs 1,210 per sq.ft in 2024, marking a 10% increase from the previous year.

From 2017 to 2023, there was a notable increase of 49%. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Ward - H

In Ward - H, there are 166 streets under the Tiruppur Joint II SRO with a 2024 guideline value ranging from Rs 701 to Rs 4,400 per sq.ft. The median value is Rs 990 per sq.ft, placing Chellandiamman Durai (Wasteland) above this median.

• Chellandiammal Kovil Street: Rs 1,210 per sq.ft (2024)
• Chellappapuram 2nd Street: Rs 1,375 per sq.ft (2024)
• Chellappapuram 3rd Street: Rs 1,375 per sq.ft (2024)
• Chellappapuram 4th Street: Rs 1,375 per sq.ft (2024)
• Chellappapuram 5th Street: Rs 1,375 per sq.ft (2024)
• Brokker Street: Rs 1,210 per sq.ft (2024)

Stamp duty and registration fee for property in Chellandiamman Durai (Wasteland)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,210 per sq.ft, the total guideline value amounts to Rs 12,10,000. The stamp duty at 7% would be Rs 84,700, and the registration fee at 2% would be Rs 24,200, totaling Rs 1,08,900. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Chellandiamman Durai (Wasteland)?

The Chellandiamman Durai (Wasteland) area is covered by the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor during the registration of property transactions in Ward - H. It determines the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When buying or selling property, the guideline value serves as a benchmark for both parties. It is essential 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 Chellandiamman Durai (Wasteland)?

The current guideline value of Chellandiamman Durai (Wasteland) is Rs 1,210 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,100 per sq.ft in 2012 to Rs 737 per sq.ft in 2017, then to Rs 1,100 per sq.ft in 2023, and finally to Rs 1,210 per sq.ft in 2024.

What is the land classification of Chellandiamman Durai (Wasteland)?

Chellandiamman Durai (Wasteland) is classified as Residential Special Type - I.

Where is the registration office for Chellandiamman Durai (Wasteland)?

The registration office for Chellandiamman Durai (Wasteland) is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

How is the stamp duty calculated for properties in Chellandiamman Durai (Wasteland)?

The stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, a registration fee of 2% is applicable.