Guideline Value

Corporate

Guideline Value for CHINNASAMY NAGAR

₹1400/sq.ft.

The guideline value for Chinnasamy Nagar in Ganapathy village (Ganapathy SRO, Coimbatore zone) is Rs 1400 per sq.ft, effective 1 July 2024. It was Rs 1250 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ganapathy

Village

Ganapathy

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1400 /sq.ft.
From 1-4-2023 ₹1250 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹837 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1250 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹700 /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)

Sankaralinganar Road, Maniyakaranpalayam , Ganapathy, Coimbatore. 641006.
0422-2539950
[email protected]

DRO (District Registrar Office)

District Registara Office, Syriyan Church Road, Corporation Marriage Hall, Coimbatore -641001
0422-2300722
[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 Nagar

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Chinnasamy Nagar guideline value

The current guideline value of Chinnasamy Nagar is Rs 1,400 per sq.ft, effective from the 2024 revision. This area is located in Ganapathy village under the Ganapathy SRO, classified as Residential Class I Type - I.

How the guideline value of Chinnasamy Nagar has changed

The guideline value for Chinnasamy Nagar has undergone several revisions over the years. The 2007 revision set the value at Rs 700 per sq.ft, which increased to Rs 1,250 per sq.ft in 2012. However, it saw a significant decrease to Rs 837 per sq.ft in 2017. The subsequent revisions saw an increase, with the 2023 revision at Rs 1,250 per sq.ft, followed by the current 2024 revision, which is Rs 1,400 per sq.ft. The register has no figures for the years 2002 and 2003.

Between the revisions, notable changes include a 79% increase from 2007 to 2012, a 33% decrease from 2012 to 2017, a 49% increase from 2017 to 2023, and a 12% increase from 2023 to 2024. Overall, from 2007 to 2024, the guideline value has increased by 100%.

Guideline values in Ganapathy

In Ganapathy village, there are 324 streets under the Ganapathy SRO with a 2024 guideline value ranging from Rs 1,007 to Rs 4,595 per sq.ft. The median guideline value is Rs 1,120 per sq.ft, placing Chinnasamy Nagar's 2024 figure above this median.

Stamp duty and registration fee for property in Chinnasamy Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,400 per sq.ft, the total guideline value amounts to Rs 14,00,000. The stamp duty at 7% would be Rs 98,000, and the registration fee at 2% would be Rs 28,000, bringing the total fees to Rs 1,26,000. Please note that duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Chinnasamy Nagar?

The Sub Registrar Office that covers Chinnasamy Nagar is the Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006. You can find your SRO for more details.

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

The guideline value is an essential factor in the registration process when buying or selling property in Ganapathy. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property transaction.

When a property is registered, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable fees. This ensures that the government receives the appropriate revenue from property transactions based on the established guideline values.

Frequently asked questions

What is the current guideline value of Chinnasamy Nagar?

The current guideline value of Chinnasamy Nagar is Rs 1,400 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 700 per sq.ft in 2007 to Rs 1,400 per sq.ft in 2024, reflecting an overall increase of 100% over this period.

What is the stamp duty rate for properties in Chinnasamy Nagar?

The stamp duty rate for properties in Chinnasamy Nagar is 7%, applied to the higher of the guideline value or the sale price during registration.

Where is the Ganapathy Sub Registrar Office located?

The Ganapathy Sub Registrar Office is located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006.

What are the other streets in Ganapathy with their guideline values?

Other streets in Ganapathy include Chinnath Thottam.Seva Nagar at Rs 1,010 per sq.ft, Cheran Street at Rs 1,008 per sq.ft, C.M.Nagar at Rs 1,010 per sq.ft, C M S Nagar at Rs 1,010 per sq.ft, Chellappagounder Layout-1 at Rs 1,120 per sq.ft, and Chekkan Thottam at Rs 1,120 per sq.ft.