Guideline Value

Corporate

Guideline Value for CHEMMEDU THOTTAM

₹708/sq.ft.

The guideline value for Chemmedu Thottam in Ward - G village (Tiruppur Joint Ii SRO, Coimbatore zone) is Rs 708 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 1% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward - G

Village

Tiruppur Joint II

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹708 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹700 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹495 /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.
0421-2960035
[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]

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Chemmedu Thottam guideline value

The current guideline value of Chemmedu Thottam is Rs 708 per sq.ft, effective from 1 July 2024. This area falls under Ward - G in the Tiruppur Joint II SRO and is classified as Residential Class I Type - III.

How the guideline value of Chemmedu Thottam has changed

In the 2017 revision, the guideline value was Rs 469 per sq.ft. This figure increased to Rs 700 per sq.ft in the 2012 revision, followed by a decrease to Rs 469 per sq.ft in 2017. The value then saw a significant increase of 49% to Rs 700 per sq.ft in 2023, before rising again by 1% to Rs 708 per sq.ft in the 2024 revision. The register has no figures for the years 2002 and 2003 for this street.

From 2007 to 2012, the guideline value increased by 41%, moving from Rs 495 per sq.ft to Rs 700 per sq.ft. Overall, from 2007 to 2024, the guideline value has increased by 43%, reaching the current rate of Rs 708 per sq.ft.

Guideline values in Ward - G

In Ward - G, there are 134 streets under the Tiruppur Joint II SRO with a 2024 guideline value ranging from Rs 701 to Rs 4,650 per sq.ft. The median guideline value in this area is Rs 880 per sq.ft, placing Chemmedu Thottam's current value below this median.

Stamp duty and registration fee for property in Chemmedu Thottam

For a 1,000 sq.ft plot at the current guideline value of Rs 708 per sq.ft, the total guideline value amounts to Rs 7,08,000. The stamp duty at 7% would be Rs 49,560, and the registration fee at 2% would be Rs 14,160, bringing the total to Rs 63,720. 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 Chemmedu Thottam?

The Chemmedu Thottam 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 more information.

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

The guideline value is a crucial factor in property transactions, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating sale prices to ensure compliance with local regulations.

During the registration process, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value for Chemmedu Thottam?

The current guideline value for Chemmedu Thottam is Rs 708 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 469 per sq.ft in 2017 to Rs 700 per sq.ft in 2023, and now to Rs 708 per sq.ft in 2024. There were fluctuations in earlier revisions as well, with the value decreasing and then increasing significantly in subsequent years.

What are the other guideline values in Ward - G?

In Ward - G, the guideline values range from Rs 701 to Rs 4,650 per sq.ft, with a median value of Rs 880 per sq.ft. Chemmedu Thottam's current value is below this median.

How is stamp duty calculated in Chemmedu Thottam?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at the current rate, the total stamp duty would be Rs 49,560.

Where can I find the Sub Registrar Office for Chemmedu Thottam?

The Sub Registrar Office covering Chemmedu Thottam is located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.