Guideline Value for CHETTIPALAYAM MAIN ROAD

Chettipalayam Main Road guideline value

The current guideline value of Chettipalayam Main Road is Rs 500 per sq.ft, effective from 1 July 2024. This road is located in Pappampatti village under the Singanallur SRO, with a land classification of Mixed Type - II.

How the guideline value of Chettipalayam Main Road has changed

The guideline value register for Chettipalayam Main Road does not have figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision, effective from 1 July 2024, sets the guideline value at Rs 500 per sq.ft.

Prior to the 2024 revision, there were no recorded figures for this street in the guideline value register. Therefore, there have been no changes between the revisions mentioned above.

Guideline values in Pappampatti

Pappampatti has a total of 140 streets under the Singanallur SRO, with guideline values ranging from Rs 140 to Rs 750 per sq.ft. The median guideline value in this area is Rs 195 per sq.ft, placing Chettipalayam Main Road's 2024 figure above this median.

• Chinnakuyili Road: Rs 220 per sq.ft (2024)
• Chittipalayam Main Road: Rs 500 per sq.ft (2024)
• Brindhavanam: Rs 140 per sq.ft (2024)
• City Marcus Extn.: Rs 330 per sq.ft (2024)
• Dr. MGR Nagar: Rs 165 per sq.ft (2024)
• East Street: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Chettipalayam Main Road

For a 1,000 sq.ft plot at the current rate of Rs 500 per sq.ft, the guideline value would be Rs 5,00,000. The stamp duty at 7% would amount to Rs 35,000, and the registration fee at 2% would be Rs 10,000, totaling Rs 45,000. 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 Chettipalayam Main Road?

The Sub Registrar Office covering Chettipalayam Main Road is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Pappampatti. It determines the amount of stamp duty and registration fees that must be paid during the transaction.

When a property is sold, the guideline value is used to assess the applicable taxes, ensuring that both buyers and sellers are aware of the financial implications. It is important to verify the current guideline value before proceeding with any property transactions.

Frequently asked questions

What is the current guideline value of Chettipalayam Main Road?

The current guideline value of Chettipalayam Main Road is Rs 500 per sq.ft, effective from 1 July 2024.

What is the land classification for Chettipalayam Main Road?

The land classification for Chettipalayam Main Road is Mixed Type - II.

How many streets are there in Pappampatti under the Singanallur SRO?

There are a total of 140 streets in Pappampatti under the Singanallur SRO that carry a 2024 guideline value.

How is stamp duty calculated for properties in Chettipalayam Main Road?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 500 per sq.ft would incur a stamp duty of Rs 35,000.

Where can I find my Sub Registrar Office?

You can find your Sub Registrar Office by visiting the Singanallur Sub Registrar Office located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, or by using the find your SRO link for more information.