Guideline Value

Corporate

Guideline Value for CHINKONA 1st DIVISION

₹300/sq.ft.

The guideline value for Chinkona 1st Division in Anaimalai Hills village (Anaimalai SRO, Coimbatore zone) is Rs 300 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Anaimalai Hills

Village

Anaimalai

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹300 /sq.ft.
From 1-4-2023 ₹300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹67 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹100 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹10 /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)

Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104
04253-292171
[email protected]

DRO (District Registrar Office)

District Registrar Office Coimbatore (south), Fifth Floor, Singapore Plaza, Crosscut Road, Gandhipuram, Coimbatore 641012.
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[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Chinkona 1st Division

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CHINKONA 1st DIVISION guideline value

The current guideline value of CHINKONA 1st DIVISION in Anaimalai Hills village, under the Anaimalai SRO, is Rs 300 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class II Type - II.

How the guideline value of CHINKONA 1st DIVISION has changed

Over the years, the guideline value of CHINKONA 1st DIVISION has experienced significant changes. In the 2007 revision, the guideline value was Rs 10 per sq.ft. This increased to Rs 100 per sq.ft in 2012, marking a rise of 900%. However, it then decreased to Rs 67 per sq.ft in 2017, a decline of 33%. The value saw a substantial increase to Rs 300 per sq.ft in both the 2023 and 2024 revisions, reflecting a rise of 348% from 2017 to 2023. Notably, the register has no figure for this street in 2002 and 2003.

From 2007 to 2024, the overall change in the guideline value is an increase of 2900%. The values for the years are as follows: Rs 10 per sq.ft in 2007, Rs 100 per sq.ft in 2012, Rs 67 per sq.ft in 2017, and Rs 300 per sq.ft in both 2023 and 2024.

Guideline values in Anaimalai Hills

In Anaimalai Hills, there are 121 streets under the Anaimalai SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 450 per sq.ft, with the median being Rs 300 per sq.ft. CHINKONA 1st DIVISION's 2024 figure aligns with this median.

Stamp duty and registration fee for property in CHINKONA 1st DIVISION

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value is 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 fees to Rs 27,000. 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 CHINKONA 1st DIVISION?

The CHINKONA 1st DIVISION falls under the Anaimalai Sub Registrar Office, located at Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104, Coimbatore registration zone. You can find your SRO for further assistance.

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

The guideline value plays a crucial role in property transactions in Anaimalai Hills. It is used to determine the stamp duty and registration fees that buyers must pay when purchasing property. This ensures that the fees are calculated based on a standardized value set by the government.

When selling property, the guideline value helps establish a baseline for the sale price. It is important for both buyers and sellers to be aware of the current guideline value to ensure compliance with local regulations and to accurately assess costs associated with the transaction.

Frequently asked questions

What is the current guideline value of CHINKONA 1st DIVISION?

The current guideline value of CHINKONA 1st DIVISION is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2007, the guideline value has increased from Rs 10 per sq.ft to Rs 300 per sq.ft in 2024, marking an overall increase of 2900% over the years.

What are the other streets with similar guideline values in Anaimalai Hills?

Other streets in Anaimalai Hills, such as CHINKONA 2nd DIVISION, CHINKONA 3rd DIVISION, and CHINKONA 4th DIVISION, also have a guideline value of Rs 300 per sq.ft in 2024.

What fees are associated with buying property in CHINKONA 1st DIVISION?

When buying property in CHINKONA 1st DIVISION, buyers are required to pay stamp duty at 7% and a registration fee at 2% based on the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for CHINKONA 1st DIVISION?

The Sub Registrar Office covering CHINKONA 1st DIVISION is located at Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104. You can find more information by visiting the appropriate link.