Guideline Value for CHIKKINAPURAM BOYAR STREET (RS.NO.274/1)

Chikkinapuram Boyar Street (Rs.No.274/1) guideline value

The current guideline value of Chikkinapuram Boyar Street (Rs.No.274/1) is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Selampalayam village and falls under the Dharapuram SRO. The land classification for this area is Residential Class III Type - V.

How the guideline value of Chikkinapuram Boyar Street (Rs.No.274/1) has changed

The guideline value for Chikkinapuram Boyar Street has seen several revisions over the years. In 2012, the value was Rs 50 per sq.ft, which decreased to Rs 33 per sq.ft in 2017. However, from 2017 to 2023, there was a significant increase of 506%, bringing the value back to Rs 200 per sq.ft. The 2024 revision maintained this value at Rs 200 per sq.ft, reflecting no change from the previous year.

The revisions for the years 2002, 2003, and 2007 have no figures recorded for this street. Overall, from 2012 to 2024, the guideline value has increased by 300%.

Guideline values in Selampalayam

In Selampalayam, there are 26 streets under the Dharapuram SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 200 per sq.ft, with the median also being Rs 200 per sq.ft. Chikkinapuram Boyar Street's current guideline value aligns with this median.

• Chikkinapuram Arijana Street (Rs.No.272/1): Rs 200 per sq.ft (2024)
• Chikkinapuram Kudi Street (Rs.No.274/2,274/3): Rs 200 per sq.ft (2024)
• Chikkinapuram South Street (Rs.No.274/1): Rs 200 per sq.ft (2024)
• Chikkinapuram Thaneer Panthal (Rs.No.231/2): Rs 200 per sq.ft (2024)
• Kallivalasu Arijana Street (Rs.No.577/1): Rs 200 per sq.ft (2024)
• Kallivalasu East Soundamman Kovil Street (Rs.No.578/3,577/3): Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Chikkinapuram Boyar Street (Rs.No.274/1)

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value is Rs 2,00,000. The stamp duty at 7% would amount to Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total to Rs 18,000. 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 Chikkinapuram Boyar Street (Rs.No.274/1)?

The Sub Registrar Office that covers Chikkinapuram Boyar Street is the Dharapuram Sub Registrar Office, located at Taluk Office Compound, Dharapuram 638 656, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor in the property registration process in Selampalayam. It helps determine the stamp duty and registration fees that need to be paid when buying or selling property in the area.

Frequently asked questions

What is the current guideline value of Chikkinapuram Boyar Street?

The current guideline value of Chikkinapuram Boyar Street (Rs.No.274/1) is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2012, the guideline value has increased from Rs 50 per sq.ft to Rs 200 per sq.ft in 2024, representing a total increase of 300% over this period.

What is the land classification for Chikkinapuram Boyar Street?

The land classification for Chikkinapuram Boyar Street is Residential Class III Type - V.

Where can I find the Sub Registrar Office for Chikkinapuram Boyar Street?

The Sub Registrar Office for Chikkinapuram Boyar Street is located at Taluk Office Compound, Dharapuram 638 656, Coimbatore registration zone.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property with a guideline value of Rs 2,00,000, the stamp duty would be Rs 14,000 at a rate of 7%.