Guideline Value

Corporate

Guideline Value for CHINNASAMY LAYPUT 6TH STREET

₹1100/sq.ft.

The guideline value for Chinnasamy Layput 6th Street in Ward - M village (Tiruppur Joint Ii SRO, Coimbatore zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward - M

Village

Tiruppur Joint II

SRO

Residential Class III Type - II
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹390 /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)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960035
[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 Chinnasamy Layput 6th Street

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Chinnasamy Layput 6th Street guideline value

The current guideline value for Chinnasamy Layput 6th Street is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Ward - M village, under the Tiruppur Joint II SRO, and falls under the Residential Class III Type - II land classification.

How the guideline value of Chinnasamy Layput 6th Street has changed

The guideline value for Chinnasamy Layput 6th Street has undergone several revisions over the years. The 2007 revision set the value at Rs 390 per sq.ft, which increased significantly to Rs 1,000 per sq.ft in the 2012 revision. However, the value then decreased to Rs 670 per sq.ft in 2017. The 2023 revision raised the value to Rs 1,000 per sq.ft, and the latest 2024 revision sees it at Rs 1,100 per sq.ft. Notably, there are no figures available for this street in the 2002 and 2003 revisions.

From 2017 to 2023, the guideline value increased by 49%, and from 2023 to 2024, it rose by 10%. Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 182%.

Guideline values in Ward - M

In Ward - M, there are 225 streets under the Tiruppur Joint II SRO that carry a 2024 guideline value, ranging from Rs 701 to Rs 6,600 per sq.ft. The median guideline value in this area is Rs 1,100 per sq.ft, which is equal to the current value for Chinnasamy Layput 6th Street.

Stamp duty and registration fee for property in Chinnasamy Layput 6th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total fees to Rs 99,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Chinnasamy Layput 6th Street?

The Sub Registrar Office that covers Chinnasamy Layput 6th Street is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, in the Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward - M

The guideline value is a crucial factor when registering property in Ward - M. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction process.

When buying or selling property, the guideline value helps ensure that the transaction is recorded accurately, reflecting the value of the property as recognized by the local authorities. This ensures compliance with legal requirements and helps maintain transparency in property transactions.

Frequently asked questions

What is the current guideline value of Chinnasamy Layput 6th Street?

The current guideline value of Chinnasamy Layput 6th Street is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 390 per sq.ft in 2007 to Rs 1,100 per sq.ft in 2024, marking an overall increase of 182% over the years.

What are the stamp duty rates for property transactions?

The stamp duty for property transactions is charged at 7% of the guideline value or the sale price, whichever is higher. Additionally, there is a registration fee of 2%.

Which office handles property registrations in this area?

The Tiruppur Joint II Sub Registrar Office handles property registrations for Chinnasamy Layput 6th Street. The office is located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.

What is the median guideline value in Ward - M?

The median guideline value in Ward - M is Rs 1,100 per sq.ft, which is the same as the current guideline value for Chinnasamy Layput 6th Street.