Guideline Value

Corporate

Guideline Value for CHINNAMMAN NAGAR

₹110/sq.ft.

The guideline value for Chinnamman Nagar in Iduvai village (Tiruppur Joint I SRO, Coimbatore zone) is Rs 110 per sq.ft, effective 1 July 2024. It was Rs 100 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Iduvai

Village

Tiruppur Joint I

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹110 /sq.ft.
From 1-4-2023 ₹100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹67 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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 - 641 602.
0421-2960088
[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 Chinnamman Nagar

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Chinnamman Nagar guideline value

The current guideline value of Chinnamman Nagar is Rs 110 per sq.ft, effective from 1 July 2024. This area is located in Iduvai village and falls under the Tiruppur Joint I SRO. The land classification for this street is Residential Class I Type - II.

How the guideline value of Chinnamman Nagar has changed

The guideline value for Chinnamman Nagar has seen several revisions over the years. In the 2017 revision, the value was set at Rs 67 per sq.ft. This increased to Rs 100 per sq.ft in the 2023 revision, marking a significant rise of 49%. The latest revision in 2024 raised the value further to Rs 110 per sq.ft, which is a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, there has been a total increase of 64%. It is important to note that the register does not have figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Iduvai

Iduvai village has a total of 47 streets under the Tiruppur Joint I SRO that carry a 2024 guideline value, ranging from Rs 110 to Rs 500 per sq.ft. The median value for these streets is Rs 110 per sq.ft, which is equal to the 2024 figure for Chinnamman Nagar.

Stamp duty and registration fee for property in Chinnamman Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 110 per sq.ft, the total guideline value would be Rs 1,10,000. The stamp duty at 7% would amount to Rs 7,700, and the registration fee at 2% would be Rs 2,200, bringing the total fees together to Rs 9,900. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Chinnamman Nagar?

The Sub Registrar Office that covers Chinnamman Nagar is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor when registering property transactions in Iduvai. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate stamp duty and registration fees based on this value.

When buying or selling property, the guideline value helps both parties understand the official valuation of the property. It is essential for buyers to be aware of the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Chinnamman Nagar?

The current guideline value of Chinnamman Nagar is Rs 110 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 67 per sq.ft in 2017 to Rs 100 per sq.ft in 2023, and then to Rs 110 per sq.ft in 2024. This represents a total increase of 64% from 2017 to 2024.

What is the land classification for Chinnamman Nagar?

Chinnamman Nagar is classified as Residential Class I Type - II. This classification indicates the type of development allowed in the area.

Where can I find the registration office for Chinnamman Nagar?

The registration office for Chinnamman Nagar is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

How is the stamp duty calculated for properties in Chinnamman Nagar?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 1,10,000, the stamp duty would be Rs 7,700 at 7%.