Guideline Value

Corporate

Guideline Value for CHETTUKARAR THOTTAM

₹825/sq.ft.

The guideline value for Chettukarar Thottam in Ward - M village (Tiruppur Joint Ii SRO, Coimbatore zone) is Rs 825 per sq.ft, effective 1 July 2024. It was Rs 750 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - Iii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward - M

Village

Tiruppur Joint II

SRO

Residential Class IV Type - III
History
Period Guideline Value
From 1-7-2024 ₹825 /sq.ft.
From 1-4-2023 ₹750 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹502 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹750 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹695 /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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Chettukarar Thottam guideline value

The current guideline value of Chettukarar Thottam is Rs 825 per sq.ft, effective from 1 July 2024. This area is located in Ward - M village under the Tiruppur Joint II SRO and is classified as Residential Class IV Type - III.

How the guideline value of Chettukarar Thottam has changed

The guideline value for Chettukarar Thottam has undergone several revisions over the years. The earliest recorded figure is from 2007, where the value was Rs 695 per sq.ft. This increased to Rs 750 per sq.ft in 2012, but then decreased to Rs 502 per sq.ft in 2017. Following this, the value significantly rose to Rs 750 per sq.ft in 2023, and currently stands at Rs 825 per sq.ft as per the 2024 revision.

From 2017 to 2023, the guideline value saw a notable increase of 49%. The 2023 to 2024 revision reflects a 10% rise. Overall, from 2007 to 2024, the guideline value has increased by 19%. It is important to note that the register has no figures for the years 2002 and 2003 for this street.

Guideline values in Ward - M

In Ward - M, there are 225 streets under the Tiruppur Joint II SRO with a 2024 guideline value ranging from Rs 701 to Rs 6,600 per sq.ft. The median guideline value in this area is Rs 1,100 per sq.ft, placing Chettukarar Thottam's 2024 figure below that median.

Stamp duty and registration fee for property in Chettukarar Thottam

For a 1,000 sq.ft plot at the current guideline value of Rs 825 per sq.ft, the total guideline value amounts to Rs 8,25,000. The stamp duty at 7% would be Rs 57,750, and the registration fee at 2% would be Rs 16,500, bringing the total cost for these fees to Rs 74,250. It is important to note that the 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 Chettukarar Thottam?

The Sub Registrar Office that covers Chettukarar Thottam is 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 information.

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

The guideline value is a crucial factor during the registration of property transactions in Ward - M. It determines the minimum value at which a property can be registered and is used to calculate the stamp duty and registration fees applicable to the transaction.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, which is essential for tax purposes and maintaining transparency in real estate dealings.

Frequently asked questions

What is the current guideline value of Chettukarar Thottam?

The current guideline value of Chettukarar Thottam is Rs 825 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, from Rs 695 per sq.ft in 2007 to Rs 825 per sq.ft in 2024, with significant changes recorded in between.

What is the registration office for Chettukarar Thottam?

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

How is stamp duty calculated for properties in Chettukarar Thottam?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 8,25,000 would incur a stamp duty of Rs 57,750 at 7%.

What are the other streets in Ward - M with their guideline values?

Other streets in Ward - M include Chennimali Gr.Industial Compound, Chinnasamy Gounder Thottam, and several Chinnasamy Layout streets, all with a guideline value of Rs 1,100 per sq.ft for 2024.