Guideline Value

Corporate

Guideline Value for CHENNIMALAI ROAD (BUSTAND To DHIVYA HOSPITAL)

₹1120/sq.ft.

The guideline value for Chennimalai Road (bustand To Dhivya Hospital) in Kangeyam village (Kangeyam SRO, Coimbatore zone) is Rs 1120 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 12% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Kangeyam

Village

Kangeyam

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1120 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
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)

No.8, Taluk Office Campus, Kangeyam - 638701
04257-299475
[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]
Records for a plot on Chennimalai Road (bustand To Dhivya Hospital)

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CHENNIMALAI ROAD (BUSTAND To DHIVYA HOSPITAL) guideline value

The current guideline value of CHENNIMALAI ROAD (BUSTAND To DHIVYA HOSPITAL) is Rs 1,120 per sq.ft, effective from 1 July 2024. This road is located in Kangeyam village, under the jurisdiction of the Kangeyam SRO, and is classified as Commercial Class I Type - I.

How the guideline value of CHENNIMALAI ROAD (BUSTAND To DHIVYA HOSPITAL) has changed

Over the years, the guideline value for CHENNIMALAI ROAD has seen several revisions. The 2012 revision set the value at Rs 1,000 per sq.ft, which was then reduced to Rs 670 per sq.ft in the 2017 revision. In 2023, the value increased to Rs 1,000 per sq.ft, and the most recent 2024 revision has further increased it to Rs 1,120 per sq.ft. There are no figures available for the years 2002, 2003, and 2007 in the register for this street.

From 2017 to 2023, the guideline value increased by 49%. The change from 2023 to 2024 reflects a 12% increase. Overall, from 2012 to 2024, there has been a 12% increase in the guideline value.

Guideline values in Kangeyam

Kangeyam village has a total of 202 streets under the Kangeyam SRO, with guideline values ranging from Rs 331 to Rs 1,120 per sq.ft. The median guideline value for these streets is Rs 448 per sq.ft, placing CHENNIMALAI ROAD (BUSTAND To DHIVYA HOSPITAL) above this median.

Stamp duty and registration fee for property in CHENNIMALAI ROAD (BUSTAND To DHIVYA HOSPITAL)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,120 per sq.ft, the total guideline value would be Rs 11,20,000. The stamp duty at 7% would amount to Rs 78,400, and the registration fee at 2% would be Rs 22,400, bringing the total fees to Rs 1,00,800. Please note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers CHENNIMALAI ROAD (BUSTAND To DHIVYA HOSPITAL)?

The Sub Registrar Office that covers CHENNIMALAI ROAD (BUSTAND To DHIVYA HOSPITAL) is the Kangeyam Sub Registrar Office, located at No.8, Taluk Office Campus, Kangeyam - 638701, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Kangeyam. It determines the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately in the official records.

When registering a property, buyers should be aware that 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.

Frequently asked questions

What is the current guideline value of CHENNIMALAI ROAD (BUSTAND To DHIVYA HOSPITAL)?

The current guideline value of CHENNIMALAI ROAD (BUSTAND To DHIVYA HOSPITAL) is Rs 1,120 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then back to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,120 per sq.ft in 2024.

What is the land classification of CHENNIMALAI ROAD (BUSTAND To DHIVYA HOSPITAL)?

CHENNIMALAI ROAD (BUSTAND To DHIVYA HOSPITAL) is classified as Commercial Class I Type - I.

What are the stamp duty and registration fees for properties in this area?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For example, for a 1,000 sq.ft plot, the total fees would be Rs 1,00,800.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office for CHENNIMALAI ROAD (BUSTAND To DHIVYA HOSPITAL) is located at No.8, Taluk Office Campus, Kangeyam - 638701, Coimbatore registration zone.