Guideline Value

Corporate

Guideline Value for CHERAN THOLILALAR COLONY

₹708/sq.ft.

The guideline value for Cheran Tholilalar Colony in Muthanampalayam village (Tiruppur Joint I SRO, Coimbatore zone) is Rs 708 per sq.ft, effective 1 July 2024. It was Rs 300 per sq.ft from 1 April 2023, a 136% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Muthanampalayam

Village

Tiruppur Joint I

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹708 /sq.ft.
From 1-4-2023 ₹300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹201 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹300 /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)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960088
[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 Cheran Tholilalar Colony

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Cheran Tholilalar Colony guideline value

The current guideline value of Cheran Tholilalar Colony is Rs 708 per sq.ft. This area is located in Muthanampalayam village, under the Tiruppur Joint I SRO, and is classified as Residential Special Type - II.

How the guideline value of Cheran Tholilalar Colony has changed

Since the 2012 revision, the guideline value has undergone significant changes. The 2012 revision set the value at Rs 300 per sq.ft, which then increased to Rs 201 per sq.ft in 2017. However, in 2023, the value rose to Rs 300 per sq.ft again, and the most recent 2024 revision has set the value at Rs 708 per sq.ft, marking a 136% increase from the previous year.

From 2017 to 2023, there was a 49% increase, while the period from 2012 to 2017 saw a decrease of 33%. Overall, comparing the 2012 and 2024 revisions, the guideline value has increased by 136%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Muthanampalayam

In Muthanampalayam, there are 178 streets under the Tiruppur Joint I SRO that have a 2024 guideline value ranging from Rs 700 to Rs 896 per sq.ft, with a median value of Rs 700 per sq.ft. The guideline value for Cheran Tholilalar Colony is above this median.

Stamp duty and registration fee for property in Cheran Tholilalar Colony

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, leading to a total of Rs 63,720. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Cheran Tholilalar Colony?

The Sub Registrar Office that covers Cheran Tholilalar Colony is the Tiruppur Joint I 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 Muthanampalayam

The guideline value is a crucial factor during property registration in Muthanampalayam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency in property transactions.

When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees, which are essential costs involved in the property transfer process. This ensures that both buyers and sellers are aware of the financial obligations related to the transaction.

Frequently asked questions

What is the current guideline value of Cheran Tholilalar Colony?

The current guideline value of Cheran Tholilalar Colony 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 300 per sq.ft in 2012 to Rs 708 per sq.ft in 2024, representing an overall increase of 136% over this period.

What is the land classification for Cheran Tholilalar Colony?

Cheran Tholilalar Colony is classified as Residential Special Type - II, which indicates the type of development permissible in this area.

Where can I find the Sub Registrar Office for Cheran Tholilalar Colony?

The Sub Registrar Office for Cheran Tholilalar Colony is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.

How is the stamp duty calculated for properties in Cheran Tholilalar Colony?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a property valued at Rs 7,08,000 would incur a stamp duty of Rs 49,560 at a rate of 7%.