Guideline Value

Corporate

Guideline Value for CHENNIMALI GR.INDUSTIAL COMPOUND

₹1100/sq.ft.

The guideline value for Chennimali Gr.industial Compound in Ward - M village (Tiruppur Joint Ii SRO, Coimbatore zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward - M

Village

Tiruppur Joint II

SRO

Residential Class III Type - II
History
Period Guideline Value
From 1-7-2024 ₹1100 /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 ₹995 /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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Chennimali Gr.Industial Compound guideline value

The current guideline value of Chennimali Gr.Industial Compound is Rs 1,100 per sq.ft, effective from 1 July 2024. This property is located in Ward - M village under the Tiruppur Joint II SRO and falls under the Residential Class III Type - II land classification.

How the guideline value of Chennimali Gr.Industial Compound has changed

The guideline value for Chennimali Gr.Industial Compound has experienced several revisions over the years. The 2007 revision set the value at Rs 995 per sq.ft, which then increased to Rs 1,000 per sq.ft in the 2012 revision. However, this value decreased by 33% to Rs 670 per sq.ft in the 2017 revision. Following this, the 2023 revision saw a significant increase of 49%, bringing the value to Rs 1,000 per sq.ft. As of the 2024 revision, the guideline value is now Rs 1,100 per sq.ft, reflecting a 10% increase from the previous year.

It is important to note that the register has no figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 11%.

Guideline values in Ward - M

In Ward - M, there are 225 streets under the Tiruppur Joint II SRO that carry a 2024 guideline value, ranging from Rs 701 to Rs 6,600 per sq.ft. The median value for these streets is Rs 1,100 per sq.ft, which is equal to the current guideline value of Chennimali Gr.Industial Compound.

Stamp duty and registration fee for property in Chennimali Gr.Industial Compound

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, while the registration fee at 2% would be Rs 22,000, totaling Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Chennimali Gr.Industial Compound?

The Chennimali Gr.Industial Compound 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 details.

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

The guideline value is a crucial factor when buying or selling property in Ward - M, as it determines the official value of the property for registration purposes. Buyers and sellers must consider this value to ensure compliance with local regulations and to accurately calculate associated fees.

When registering a property, the guideline value is used to calculate the stamp duty and registration fees. These fees are based on the guideline value or the sale price, whichever is higher, ensuring that the transaction is recorded accurately in the official register.

Frequently asked questions

What is the current guideline value of Chennimali Gr.Industial Compound?

The current guideline value of Chennimali Gr.Industial Compound is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 995 per sq.ft in 2007 to Rs 1,100 per sq.ft in 2024, with various revisions in between showing increases and decreases.

What is the land classification for Chennimali Gr.Industial Compound?

Chennimali Gr.Industial Compound falls under the Residential Class III Type - II land classification.

Where is the Tiruppur Joint II Sub Registrar Office located?

The Tiruppur Joint II Sub Registrar Office is located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

How is stamp duty calculated for properties in Chennimali Gr.Industial Compound?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 77,000.