Guideline Value for CHENNANUR St.No-1,2,3,4

CHENNANUR St.No-1,2,3,4 guideline value

The current guideline value for CHENNANUR St.No-1,2,3,4 is Rs 140 per sq.ft, effective from 1 July 2024. This street is located in Thenkarai village under the Thondamuthur SRO, classified as Residential Class I Type - I.

How the guideline value of CHENNANUR St.No-1,2,3,4 has changed

Starting from the 2007 revision, the guideline value was Rs 50 per sq.ft. This increased significantly to Rs 125 per sq.ft in 2012, marking a 150% rise. However, in 2017, it decreased to Rs 84 per sq.ft, reflecting a 33% drop. The value then rose to Rs 126 per sq.ft in 2023, a 50% increase from the previous revision. The current revision in 2024 has set the guideline value at Rs 140 per sq.ft, which is an 11% increase from 2023.

The register does not have figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 180%.

Guideline values in Thenkarai

In Thenkarai, there are 14 streets under the Thondamuthur SRO that carry a 2024 guideline value, all set at Rs 140 per sq.ft, with the median also being Rs 140 per sq.ft. CHENNANUR St.No-1,2,3,4's 2024 figure aligns with this median.

• CHENNANUR St.No-1,2: Rs 140 per sq.ft (2024)
• CHENNANUR St.No-3: Rs 140 per sq.ft (2024)
• CHENNANUR St.No-1: Rs 140 per sq.ft (2024)
• CHENNANUR St.No-4: Rs 140 per sq.ft (2024)
• KARADIMADAI St.No -1: Rs 140 per sq.ft (2024)
• KARADIMADAI St.No. 2: Rs 140 per sq.ft (2024)

Stamp duty and registration fee for property in CHENNANUR St.No-1,2,3,4

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 1,40,000. The stamp duty at 7% would be Rs 9,800, and the registration fee at 2% would be Rs 2,800, totaling Rs 12,600. 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 CHENNANUR St.No-1,2,3,4?

The Sub Registrar Office covering CHENNANUR St.No-1,2,3,4 is 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 Thenkarai

The guideline value plays a crucial role in the registration process of property transactions in Thenkarai. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for CHENNANUR St.No-1,2,3,4?

The current guideline value for CHENNANUR St.No-1,2,3,4 is Rs 140 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several changes, starting from Rs 50 per sq.ft in 2007 to Rs 140 per sq.ft in 2024, reflecting an overall increase of 180% over the years.

What is the stamp duty for property in CHENNANUR St.No-1,2,3,4?

The stamp duty for property in CHENNANUR St.No-1,2,3,4 is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for CHENNANUR St.No-1,2,3,4?

The Sub Registrar Office for CHENNANUR St.No-1,2,3,4 is the Thondamuthur Sub Registrar Office, located at 5/33, Chinnammal Complex, Mappillai Gounder Thottam, Narasipuram Main Road, Thondamuthur, Perur Taluk, Coimbatore- 641 108.

What is the land classification for CHENNANUR St.No-1,2,3,4?

CHENNANUR St.No-1,2,3,4 is classified as Residential Class I Type - I.