Guideline Value for CHETTIYER ST

Chettiyer St guideline value

The current guideline value of Chettiyer St in Poolvampatti village is Rs 100 per sq.ft, effective from 1 July 2024. This street falls under the Thondamuthur SRO and is classified as Residential Class I Type - III.

How the guideline value of Chettiyer St has changed

The guideline value of Chettiyer St has undergone several revisions over the years. The 2007 revision recorded a value of Rs 47 per sq.ft, which increased to Rs 100 per sq.ft in the 2012 revision. However, it then decreased to Rs 67 per sq.ft in the 2017 revision, before rising again to Rs 100 per sq.ft in both the 2023 and 2024 revisions. The register has no figure for this street in 2002 and 2003.

From 2017 to 2023, the value increased by 49%. The change from 2012 to 2017 was a decrease of 33%, while the rise from 2007 to 2012 was a significant 113%. Overall, from 2007 to 2024, the guideline value has increased by 113%.

Guideline values in Poolvampatti

In Poolvampatti, there are 29 streets under the Thondamuthur SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 750 per sq.ft. The median value is Rs 100 per sq.ft, which is equal to the 2024 figure for Chettiyer St.

• Chihrai Savati: Rs 100 per sq.ft (2024)
• Booyan St: Rs 100 per sq.ft (2024)
• Elementary School St: Rs 220 per sq.ft (2024)
• Gounda Gounder St: Rs 220 per sq.ft (2024)
• Gounden Gounder Street: Rs 165 per sq.ft (2024)
• Harijana Colony St: Rs 100 per sq.ft (2024)

Stamp duty and registration fee for property in Chettiyer St

For a 1,000 sq.ft plot at the current guideline value of Rs 100 per sq.ft, the total guideline value is Rs 1,00,000. The stamp duty at 7% would be Rs 7,000, and the registration fee at 2% would be Rs 2,000, bringing the total to Rs 9,000. 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 details.

Which Sub Registrar Office covers Chettiyer St?

The Sub Registrar Office that covers Chettiyer St is the Thondamuthur Sub Registrar Office, located at 5/33, Chinnammal Complex, Mappillai Gounder Thottam, Narasipuram Main Road, Thondamuthur, Perur Taluk, Coimbatore-641 108, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property in Poolvampatti. It helps determine the stamp duty and registration fees applicable to the transaction, ensuring that the government receives the appropriate revenue from property sales.

When buying or selling property, the guideline value serves as a benchmark for the minimum value at which the property can be registered. It is essential for both buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Chettiyer St?

The current guideline value of Chettiyer St is Rs 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 47 per sq.ft in 2007 to Rs 100 per sq.ft in 2012, then decreased to Rs 67 per sq.ft in 2017, and returned to Rs 100 per sq.ft in 2023 and 2024.

What is the median guideline value in Poolvampatti?

The median guideline value in Poolvampatti is Rs 100 per sq.ft, which is the same as the current value for Chettiyer St.

What are the stamp duty rates for properties in Chettiyer St?

The stamp duty for properties in Chettiyer St is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Chettiyer St?

The Sub Registrar Office for Chettiyer St is the Thondamuthur Sub Registrar Office, located at 5/33, Chinnammal Complex, Mappillai Gounder Thottam, Narasipuram Main Road, Thondamuthur, Perur Taluk, Coimbatore-641 108.