Guideline Value for CHEVIDIPET - KULAMPUZHA(359,362,489,482,483,484,485,491)

Chevidipet - Kulampuzha(359,362,489,482,483,484,485,491) guideline value

The current guideline value for Chevidipet - Kulampuzha(359,362,489,482,483,484,485,491) is Rs 300 per sq.ft, effective from 1 July 2024. This area is located in Gudalur-2 village, under the Goodaloor SRO, and is classified as Residential Class II Type - III.

How the guideline value of Chevidipet - Kulampuzha(359,362,489,482,483,484,485,491) has changed

The guideline value for Chevidipet - Kulampuzha has undergone several revisions over the years. The 2017 revision set the value at Rs 100 per sq.ft. This figure remained unchanged until the 2023 revision, which also recorded Rs 300 per sq.ft. The most recent revision in 2024 has maintained the guideline value at Rs 300 per sq.ft, indicating no change from the previous year.

Overall, from the 2017 revision to the 2024 revision, there has been a significant increase of 200%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Gudalur-2

In Gudalur-2, there are 52 streets under the Goodaloor SRO that have a guideline value for 2024, ranging from Rs 300 to Rs 1,101 per sq.ft. The median guideline value for these streets is Rs 300 per sq.ft, placing Chevidipet - Kulampuzha at this median value.

• Ealu Malayaan Abdul Kalam Road(1010,1012,1018,1019, 1020,1021): Rs 300 per sq.ft (2024)
• HEALTH CAMP D.S.P. QUARTERES ROAD - GEROSA NILAYAM(1194,1195,1196,1198 1199,1202,1204,1211, 1018) (Except 1211/13): Rs 300 per sq.ft (2024)
• Asha Bhavan Road, Gudalur(1263,1264,1268): Rs 300 per sq.ft (2024)
• Kalumpuzha - Atthippalli(362,363,368,410,413, 416,418,419,477,478, 480,482,483): Rs 300 per sq.ft (2024)
• KASIMVAYAL AGRAHARAM - KASIMVAYAL THOTTAM(1085,1086,1088,1089, 1090)Except 1086/ 15A1A1A1A,1086/15A1A1A1.1086/A1A: Rs 1,101 per sq.ft (2024)

Stamp duty and registration fee for property in Chevidipet - Kulampuzha(359,362,489,482,483,484,485,491)

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, leading to a total of Rs 27,000. Duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Chevidipet - Kulampuzha(359,362,489,482,483,484,485,491)?

The Sub Registrar Office that covers Chevidipet - Kulampuzha is the Goodaloor Sub Registrar Office, located at 10/512a.old Court Road, Gudalur, Nilgiris-643212, Coimbatore registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Gudalur-2

The guideline value is a crucial factor during the registration process for property transactions in Gudalur-2. It serves as a benchmark for determining the stamp duty and registration fees that buyers must pay when purchasing property in this area.

When a property is sold, the guideline value helps ensure that the transaction is recorded accurately, reflecting the official value set by the registration department. This process is essential for maintaining transparency and consistency in property dealings.

Frequently asked questions

What is the current guideline value for Chevidipet - Kulampuzha?

The current guideline value for Chevidipet - Kulampuzha(359,362,489,482,483,484,485,491) is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 100 per sq.ft in 2017 to Rs 300 per sq.ft in 2023 and has remained at Rs 300 per sq.ft in 2024. There are no figures available for the years 2002, 2003, 2007, and 2012.

What is the median guideline value in Gudalur-2?

The median guideline value for streets in Gudalur-2 is Rs 300 per sq.ft, which is the same as the current guideline value for Chevidipet - Kulampuzha.

What are the stamp duty and registration fees for property transactions?

For a property valued at Rs 3,00,000, the stamp duty would be Rs 21,000 at 7%, and the registration fee would be Rs 6,000 at 2%, totaling Rs 27,000. Duty is charged on the higher of the guideline value or the sale price.

Where can I find the Sub Registrar Office for Chevidipet - Kulampuzha?

The Sub Registrar Office for Chevidipet - Kulampuzha is the Goodaloor Sub Registrar Office, located at 10/512a.old Court Road, Gudalur, Nilgiris-643212, Coimbatore registration zone.