Guideline Value for CHETTINADU BARGUNDY

Chettinadu Bargundy guideline value

The current guideline value of Chettinadu Bargundy is Rs 1,555 per sq.ft, effective from 1 July 2024. This street is located in Kalapatty_west village under the Gandhipuram SRO, classified as Commercial Class I Type - II.

How the guideline value of Chettinadu Bargundy has changed

The guideline value for Chettinadu Bargundy has seen several revisions over the years. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. In 2023, the guideline value was Rs 1,400 per sq.ft, which increased to Rs 1,555 per sq.ft in 2024, marking an increase of 11%.

Prior to the 2023 revision, there were no recorded figures for the previous years. The 2024 revision reflects the latest adjustments in the guideline value for this street.

Guideline values in Kalapatty_west

In Kalapatty_west, there are 357 streets under the Gandhipuram SRO with a 2024 guideline value ranging from Rs 1,010 to Rs 3,920 per sq.ft. The median guideline value for these streets is Rs 1,060 per sq.ft, placing Chettinadu Bargundy's 2024 figure above this median.

• Cheran Industrial Estate (Kalappatti): Rs 1,055 per sq.ft (2024)
• Cheran Garden: Rs 1,055 per sq.ft (2024)
• Cheran Avenue Phase III: Rs 1,065 per sq.ft (2024)
• Casa Grande: Rs 1,060 per sq.ft (2024)
• Chitra -Kalappatti Road: Rs 1,555 per sq.ft (2024)
• B Vijayalakshmi Avenue: Rs 1,050 per sq.ft (2024)

Stamp duty and registration fee for property in Chettinadu Bargundy

For a 1,000 sq.ft plot at the current guideline value of Rs 1,555 per sq.ft, the total guideline value amounts to Rs 15,55,000. The stamp duty at 7% would be Rs 1,08,850, and the registration fee at 2% would be Rs 31,100, bringing the total to Rs 1,39,950. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Chettinadu Bargundy?

The Sub Registrar Office that covers Chettinadu Bargundy is the Gandhipuram Sub Registrar Office, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor when registering property transactions in Kalapatty_west. It serves as the basis for calculating stamp duty and registration fees, ensuring that these costs are aligned with the current market standards set by the Registration Department.

When buying or selling property, it is essential to consider the guideline value as it affects the overall cost of the transaction. Buyers should be aware that the guideline value may influence their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Chettinadu Bargundy?

The current guideline value of Chettinadu Bargundy is Rs 1,555 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

From the 2023 revision of Rs 1,400 per sq.ft, the guideline value increased to Rs 1,555 per sq.ft in 2024, representing an increase of 11%.

What is the land classification for Chettinadu Bargundy?

Chettinadu Bargundy is classified as Commercial Class I Type - II, which indicates its intended use for commercial activities.

Where can I find the Sub Registrar Office for Chettinadu Bargundy?

The Sub Registrar Office for Chettinadu Bargundy is located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

How is the guideline value used in property transactions?

The guideline value is used to determine the stamp duty and registration fees when buying or selling property. It ensures that these fees are based on a standardized value set by the Registration Department, reflecting the current market conditions.