Guideline Value

Corporate

Guideline Value for CHINKONA 3rd DIVISION

₹300/sq.ft.

The guideline value for Chinkona 3rd 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 3rd Division

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CHINKONA 3rd DIVISION guideline value

The current guideline value of CHINKONA 3rd DIVISION is Rs 300 per sq.ft, effective from 1 July 2024. This street is located in Anaimalai Hills village, under the Anaimalai SRO, and falls under the Residential Class II Type - II land classification.

How the guideline value of CHINKONA 3rd DIVISION has changed

The guideline value for CHINKONA 3rd DIVISION has undergone several revisions over the years. In 2007, the value was Rs 10 per sq.ft, which increased to Rs 100 per sq.ft in 2012. However, there was a decrease to Rs 67 per sq.ft in 2017. The most recent revisions in 2023 and 2024 have maintained the value at Rs 300 per sq.ft, showing no change from the previous year.

Between the 2017 and 2023 revisions, there was a significant increase of 348%. The jump from 2007 to 2012 saw a remarkable increase of 900%. Overall, from 2007 to 2024, the guideline value has increased by 2900%. It is important to note that the register has no figures for the years 2002 and 2003 for this street.

Guideline values in Anaimalai Hills

Anaimalai Hills has a total of 121 streets under the Anaimalai SRO, with guideline values ranging from Rs 300 to Rs 450 per sq.ft. The median value for these streets is Rs 300 per sq.ft, which is equal to the 2024 figure for CHINKONA 3rd DIVISION.

Stamp duty and registration fee for property in CHINKONA 3rd DIVISION

For a 1,000 sq.ft plot at the current rate of Rs 300 per sq.ft, the 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, totaling Rs 27,000. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers CHINKONA 3rd DIVISION?

The Sub Registrar Office that covers CHINKONA 3rd DIVISION is the Anaimalai Sub Registrar Office, located at Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property in Anaimalai Hills. It determines the amount of stamp duty and registration fees that need to be paid during the transaction. Buyers and sellers should be aware of the current guideline value to ensure accurate calculations of these fees.

When a property is sold, the guideline value serves as a benchmark for the transaction. It is essential for both parties to understand that the duty is charged on the higher of the guideline value or the sale price, which can affect the overall cost of the transaction.

Frequently asked questions

What is the current guideline value for CHINKONA 3rd DIVISION?

The current guideline value for CHINKONA 3rd DIVISION is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen significant changes, with the most recent revisions in 2023 and 2024 maintaining the value at Rs 300 per sq.ft. The value was Rs 67 per sq.ft in 2017 and Rs 100 per sq.ft in 2012, showing a considerable increase over the years.

What are the stamp duty and registration fees for property in this area?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would amount to Rs 27,000. This includes a stamp duty of Rs 21,000 and a registration fee of Rs 6,000.

Which office handles property registration for CHINKONA 3rd DIVISION?

The Anaimalai Sub Registrar Office handles property registration for CHINKONA 3rd DIVISION. It is located at Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104.

How is the guideline value determined for properties in Anaimalai Hills?

The guideline value is determined by the Registration Department's guideline value register, which takes into account various factors related to the location and classification of the land. It is updated periodically to reflect changes in the market.