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Guideline Value

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

₹200/sq.ft.

The guideline value for Chikkinapuram South Street (rs.no.274/1) in Selampalayam village (Dharapuram SRO, Coimbatore zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iii Type - V. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Selampalayam

Village

Dharapuram

SRO

Residential Class III Type - V
History
Period Guideline Value
From 1-7-2024 ₹200 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹33 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹50 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
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)

Taluk Office Compound, Dharapuram 638 656
04258-226756
[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]
Records for a plot on Chikkinapuram South Street (rs.no.274/1)

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

The current guideline value of Chikkinapuram South 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, classified as Residential Class III Type - V.

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

The guideline value for Chikkinapuram South Street has undergone several revisions over the years. The 2012 revision set the value at Rs 50 per sq.ft, which then increased to Rs 33 per sq.ft in 2017, marking a decrease of 34%. However, from 2017 to 2023, there was a significant increase of 506%, bringing the value to Rs 200 per sq.ft, which remained unchanged in the 2024 revision.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 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 a median value of Rs 200 per sq.ft. The guideline value for Chikkinapuram South Street is equal to this median.

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

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

The Sub Registrar Office that covers Chikkinapuram South 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 plays a crucial role when buying or selling property in Selampalayam. It is used to determine the stamp duty and registration fees applicable during the property transaction. Buyers and sellers must refer to the guideline value to ensure compliance with the legal requirements set by the Registration Department.

When a property is registered, the guideline value is compared to the sale price, and the higher amount is used for calculating the stamp duty and registration fees. This ensures that the fees reflect the true value of the property being transacted.

Frequently asked questions

What is the current guideline value of Chikkinapuram South Street?

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

How much 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 are the stamp duty and registration fees for a property in Chikkinapuram South Street?

For a 1,000 sq.ft property at the current guideline value, the total stamp duty would be Rs 14,000 and the registration fee would be Rs 4,000, totaling Rs 18,000.

Which office handles property registrations in Selampalayam?

The Dharapuram Sub Registrar Office handles property registrations in Selampalayam, located at Taluk Office Compound, Dharapuram 638 656, Coimbatore registration zone.

How does the guideline value affect property transactions?

The guideline value is used to calculate the stamp duty and registration fees during property transactions. It is essential for buyers and sellers to refer to this value to ensure compliance with legal requirements.