Guideline Value for CHIKKATTU BETTU (884,891,886,)

Chikkattu Bettu (884,891,886,) guideline value

The current guideline value for Chikkattu Bettu (884,891,886,) is Rs 300 per sq.ft, effective from 1 July 2024. This property is located in Kotagiri -1 village and falls under the Kothagiri SRO with a land classification of Residential Class I Type - I.

How the guideline value of Chikkattu Bettu (884,891,886,) has changed

In the 2017 revision, the guideline value was set at Rs 201 per sq.ft. This figure increased to Rs 300 per sq.ft in the 2023 revision, marking a 49% rise. The 2024 revision maintained the same value of Rs 300 per sq.ft, indicating no change from the previous year.

It is important to note that there are no figures available for Chikkattu Bettu in the revisions from 2002, 2003, 2007, and 2012. Overall, from 2017 to 2024, the guideline value has increased by 49%.

Guideline values in Kotagiri -1

Kotagiri -1 has a total of 79 streets under the Kothagiri SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 825 per sq.ft. The median value for these streets is Rs 300 per sq.ft, which is equal to the guideline value for Chikkattu Bettu.

• Carsly Road: Rs 653 per sq.ft (2024)
• Carsly Estate: Rs 715 per sq.ft (2024)
• Bus Stand Panchayat Office: Rs 825 per sq.ft (2024)
• Club Road: Rs 653 per sq.ft (2024)
• Coonoor Road: Rs 715 per sq.ft (2024)
• Dhimbatty: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Chikkattu Bettu (884,891,886,)

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

You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Chikkattu Bettu (884,891,886,)?

The Sub Registrar Office that covers Chikkattu Bettu is the Kothagiri Sub Registrar Office, located at Mission Compound, Kothagiri -643 217, 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 Kotagiri -1

The guideline value is an essential factor in property transactions in Kotagiri -1. It is used to determine the stamp duty and registration fees that must be paid when registering a property sale or purchase.

During the registration process, the guideline value serves as a baseline for calculating the costs associated with the transaction. This ensures that the government receives the necessary revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value for Chikkattu Bettu?

The current guideline value for Chikkattu Bettu (884,891,886,) is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Chikkattu Bettu has increased from Rs 201 per sq.ft in 2017 to Rs 300 per sq.ft in 2023 and 2024, resulting in a 49% increase overall from 2017 to 2024.

What is the land classification for Chikkattu Bettu?

Chikkattu Bettu is classified as Residential Class I Type - I, indicating its suitability for residential development.

Where can I find the Kothagiri Sub Registrar Office?

The Kothagiri Sub Registrar Office is located at Mission Compound, Kothagiri -643 217, Coimbatore registration zone.

How is stamp duty calculated for properties in Chikkattu Bettu?

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 the guideline value of Rs 300 per sq.ft would incur a total stamp duty of Rs 21,000.