Guideline Value for CHINNAVEERAMPATTI KUDIYIRUPPU

Chinnaveerampatti Kudiyiruppu guideline value

The current guideline value of Chinnaveerampatti Kudiyiruppu is Rs 380 per sq.ft, effective from 1 July 2024. This property is located in Ward - B village under the Udumalpettai SRO and is classified as Residential Class V Type - I.

How the guideline value of Chinnaveerampatti Kudiyiruppu has changed

In the 2012 revision, the guideline value was Rs 350 per sq.ft. This figure remained the same until the 2017 revision, where it dropped to Rs 234 per sq.ft, marking a decrease of 33%. The value then increased significantly to Rs 350 per sq.ft in the 2023 revision, reflecting a 50% rise. Finally, in the 2024 revision, the guideline value rose again to Rs 380 per sq.ft, which is a 9% increase from the previous year.

The guideline value register does not have figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 9%.

Guideline values in Ward - B

In Ward - B, there are 112 streets under the Udumalpettai SRO that carry a 2024 guideline value, ranging from Rs 380 to Rs 2,020 per sq.ft, with a median value of Rs 500 per sq.ft. Chinnaveerampatti Kudiyiruppu's 2024 figure is below this median.

• Chinnaveerampatti(3-12,16,154): Rs 475 per sq.ft (2024)
• Chinnaveerampatti(1-22,29,30,56): Rs 380 per sq.ft (2024)
• Chinnasamylayout: Rs 775 per sq.ft (2024)
• Bye Bass Road: Rs 1,450 per sq.ft (2024)
• Dharapuram Road: Rs 1,800 per sq.ft (2024)
• DHARAPURAM ROAD Part1: Rs 1,800 per sq.ft (2024)

Stamp duty and registration fee for property in Chinnaveerampatti Kudiyiruppu

For a 1,000 sq.ft plot at the current guideline value of Rs 380 per sq.ft, the total guideline value would be Rs 3,80,000. The stamp duty at 7% would amount to Rs 26,600, and the registration fee at 2% would be Rs 7,600, making the total cost for these fees Rs 34,200. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers Chinnaveerampatti Kudiyiruppu?

The Sub Registrar Office that covers Chinnaveerampatti Kudiyiruppu is the Udumalpettai Sub Registrar Office, located at 21, Katcheri Street, Taluk Office Campus, Udumalpet-642126, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor in the registration process when buying or selling property in Ward - B. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When engaging in property transactions, both buyers and sellers should be aware of the guideline value, as it influences the overall costs associated with the registration process. Accurate knowledge of the guideline value can help in making informed decisions during property dealings.

Frequently asked questions

What is the current guideline value of Chinnaveerampatti Kudiyiruppu?

The current guideline value of Chinnaveerampatti Kudiyiruppu is Rs 380 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 350 per sq.ft in 2012 to Rs 234 per sq.ft in 2017, then to Rs 350 per sq.ft in 2023, and finally to Rs 380 per sq.ft in 2024.

What is the stamp duty for property in Chinnaveerampatti Kudiyiruppu?

The stamp duty for property in Chinnaveerampatti Kudiyiruppu is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Chinnaveerampatti Kudiyiruppu?

The Sub Registrar Office for Chinnaveerampatti Kudiyiruppu is the Udumalpettai Sub Registrar Office located at 21, Katcheri Street, Taluk Office Campus, Udumalpet-642126, Coimbatore registration zone.

What is the land classification for Chinnaveerampatti Kudiyiruppu?

Chinnaveerampatti Kudiyiruppu is classified as Residential Class V Type - I.