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Guideline Value

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Guideline Value for CHINNABOMMANAICKENPALAYAM(NEAR BY KARUPPARAYAN KOVIL)

₹703/sq.ft.

The guideline value for Chinnabommanaickenpalayam(near By Karupparayan Kovil) in Thottipalayam village (Thottipalayam SRO, Coimbatore zone) is Rs 703 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 0% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Thottipalayam

Village

Thottipalayam

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹703 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹405 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹605 /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)

1/529, Nerupperichchal Village Pooluvapatti Postal Tirupur -641602
0421-2960045
[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 Chinnabommanaickenpalayam(near By Karupparayan Kovil)

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Chinnabommanaickenpalayam(Near By Karupparayan Kovil) guideline value

The current guideline value of Chinnabommanaickenpalayam(Near By Karupparayan Kovil) is Rs 703 per sq.ft. This property is located in Thottipalayam village, under the Thottipalayam SRO, and is classified as Residential Class III Type - I.

How the guideline value of Chinnabommanaickenpalayam(Near By Karupparayan Kovil) has changed

The guideline value for Chinnabommanaickenpalayam(Near By Karupparayan Kovil) has seen several revisions over the years. In 2012, the guideline value was Rs 605 per sq.ft, which increased to Rs 405 per sq.ft in 2017. The value then rose to Rs 700 per sq.ft in 2023, and currently stands at Rs 703 per sq.ft as of the 2024 revision, effective from 1 July 2024. The register has no figures for the years 2002, 2003, and 2007.

Between the revisions, the changes are as follows: from 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value increased by 73%, and from 2023 to 2024, there was no change. Overall, from 2012 to 2024, the guideline value has increased by 16%.

Guideline values in Thottipalayam

In Thottipalayam, there are 99 streets under the Thottipalayam SRO that have a 2024 guideline value ranging from Rs 700 to Rs 2,800 per sq.ft, with a median value of Rs 806 per sq.ft. Chinnabommanaickenpalayam(Near By Karupparayan Kovil) is below this median.

Stamp duty and registration fee for property in Chinnabommanaickenpalayam(Near By Karupparayan Kovil)

For a 1,000 sq.ft plot at the current rate of Rs 703 per sq.ft, the guideline value amounts to Rs 7,03,000. The stamp duty at 7% would be Rs 49,210, while the registration fee at 2% would be Rs 14,060, totaling Rs 63,270. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Chinnabommanaickenpalayam(Near By Karupparayan Kovil)?

The Sub Registrar Office that covers Chinnabommanaickenpalayam(Near By Karupparayan Kovil) is the Thottipalayam Sub Registrar Office, located at 1/529, Nerupperichchal Village Pooluvapatti Postal Tirupur -641602, Coimbatore registration zone. You can find your SRO for additional information.

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

The guideline value is a crucial factor in property transactions in Thottipalayam. It determines the minimum value at which a property can be registered, ensuring that the transaction is documented accurately in the government records.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory for all property transactions. Buyers should be aware that these fees are based on the higher of the guideline value or the actual sale price.

Frequently asked questions

What is the current guideline value of Chinnabommanaickenpalayam(Near By Karupparayan Kovil)?

The current guideline value of Chinnabommanaickenpalayam(Near By Karupparayan Kovil) is Rs 703 per sq.ft as per the 2024 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 605 per sq.ft in 2012 to Rs 703 per sq.ft in 2024, with various increases and decreases in between, including a significant increase of 73% from 2017 to 2023.

What is the land classification of Chinnabommanaickenpalayam(Near By Karupparayan Kovil)?

Chinnabommanaickenpalayam(Near By Karupparayan Kovil) is classified as Residential Class III Type - I.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office for Chinnabommanaickenpalayam(Near By Karupparayan Kovil) is located at 1/529, Nerupperichchal Village Pooluvapatti Postal Tirupur -641602, Coimbatore registration zone.

How is stamp duty calculated for property transactions?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 7,03,000, the stamp duty would be Rs 49,210 at a rate of 7%.