Guideline Value for CHINNAVEDAMPATTI NATHAM

Chinnavedampatti Natham guideline value

The current guideline value of Chinnavedampatti Natham is Rs 1,090 per sq.ft, effective from 1 July 2024. This village falls under the Gandhipuram SRO and is classified as Residential Class II Type - I.

How the guideline value of Chinnavedampatti Natham has changed

The guideline value for Chinnavedampatti Natham has undergone several revisions over the years. The 2012 revision set the value at Rs 250 per sq.ft, which increased to Rs 167 per sq.ft in the 2017 revision. Following this, the value saw a significant rise to Rs 1,000 per sq.ft in 2023 and is now at Rs 1,090 per sq.ft from the 2024 revision. Notably, there are no figures available for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, the value decreased by 33%. However, there was a substantial increase of 499% from 2017 to 2023. The latest change from 2023 to 2024 reflects a rise of 9%. Overall, from 2012 to 2024, the guideline value has increased by 336%.

Guideline values in Chinnavedampatty.

In Chinnavedampatty, there are 144 streets under the Gandhipuram SRO that have a 2024 guideline value ranging from Rs 1,010 to Rs 2,000 per sq.ft, with a median value of Rs 1,095 per sq.ft. The guideline value for Chinnavedampatti Natham is below this median.

• City Residency: Rs 1,502 per sq.ft (2024)
• C.K.S. Nagar: Rs 1,095 per sq.ft (2024)
• Chellammal Nagar: Rs 1,100 per sq.ft (2024)
• Dejavu Tranz Heaven: Rs 2,000 per sq.ft (2024)
• Dhanabagyam Layout: Rs 1,095 per sq.ft (2024)
• Dhandapani Veethi: Rs 1,090 per sq.ft (2024)

Stamp duty and registration fee for property in Chinnavedampatti Natham

For a 1,000 sq.ft plot at the current guideline value, the total guideline value would be Rs 10,90,000. The stamp duty at 7% would amount to Rs 76,300, and the registration fee at 2% would be Rs 21,800, bringing the total to Rs 98,100. 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 Chinnavedampatti Natham?

The Sub Registrar Office that covers Chinnavedampatti Natham is the Gandhipuram Sub Registrar Office, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Chinnavedampatty. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, the guideline value is used to calculate the applicable fees, ensuring that both buyers and sellers are aware of the financial obligations involved in the transaction. This helps maintain transparency and consistency in property dealings.

Frequently asked questions

What is the current guideline value of Chinnavedampatti Natham?

The current guideline value of Chinnavedampatti Natham is Rs 1,090 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, from Rs 250 per sq.ft in 2012 to Rs 1,090 per sq.ft in 2024, marking an overall increase of 336% over this period.

What are the other streets in Chinnavedampatty. with their guideline values?

Other streets in Chinnavedampatty. include City Residency at Rs 1,502 per sq.ft, C.K.S. Nagar at Rs 1,095 per sq.ft, and Chellammal Nagar at Rs 1,100 per sq.ft, among others.

What is the registration fee for property in Chinnavedampatti Natham?

The registration fee for property in Chinnavedampatti Natham is calculated based on the guideline value. For example, for a property valued at Rs 10,90,000, the registration fee would be Rs 21,800 at a rate of 2%.

Where can I find the Sub Registrar Office for Chinnavedampatti Natham?

The Sub Registrar Office for Chinnavedampatti Natham is located at Gandhipuram Sub Registrar Office, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.