Guideline Value for CHINNAYPUDHUR

Chinnaypudhur guideline value

The current guideline value of Chinnaypudhur, located in Kangeyam village under the Kangeyam SRO, is Rs 448 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Class II Type - I.

How the guideline value of Chinnaypudhur has changed

The guideline value for Chinnaypudhur has undergone several revisions over the years. In 2012, the guideline value was Rs 400 per sq.ft, which decreased to Rs 268 per sq.ft in 2017. Following this, the value rose to Rs 400 per sq.ft in 2023, and currently stands at Rs 448 per sq.ft as of the 2024 revision.

From the 2017 to 2023 revision, there was a significant increase of 49%. The 2023 to 2024 revision saw an increase of 12%. Overall, from 2012 to 2024, the guideline value has increased by 12%. The register has no figure for Chinnaypudhur in the years 2002, 2003, and 2007.

Guideline values in Kangeyam

Kangeyam village has a total of 202 streets under the Kangeyam SRO, with the 2024 guideline values ranging from Rs 331 to Rs 1,120 per sq.ft. The median guideline value is Rs 448 per sq.ft, which is the same as the current value for Chinnaypudhur.

• Chinnasamy Aachiriar Veethi: Rs 1,120 per sq.ft (2024)
• Cholan Nagar: Rs 448 per sq.ft (2024)
• Cheran Nagar: Rs 728 per sq.ft (2024)
• Court Street: Rs 616 per sq.ft (2024)
• Covai Road After Agasthilingampalayam: Rs 336 per sq.ft (2024)
• Covai Road ( From Roundana To Webrigde): Rs 1,120 per sq.ft (2024)

Stamp duty and registration fee for property in Chinnaypudhur

For a 1,000 sq.ft plot at the current guideline value of Rs 448 per sq.ft, the total guideline value is Rs 4,48,000. The stamp duty at 7% would be Rs 31,360, and the registration fee at 2% would be Rs 8,960, totaling Rs 40,320. Duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Chinnaypudhur?

The Sub Registrar Office that covers Chinnaypudhur is the Kangeyam Sub Registrar Office, located at No.8, Taluk Office Campus, Kangeyam - 638701, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor when buying or selling property in Kangeyam. It is used to calculate the stamp duty and registration fees, which are mandatory during the registration process.

When a property transaction occurs, the guideline value helps determine the official value of the property for legal and taxation purposes. Buyers and sellers must be aware of the current guideline value to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Chinnaypudhur?

The current guideline value of Chinnaypudhur is Rs 448 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 400 per sq.ft in 2012 to Rs 268 per sq.ft in 2017, then to Rs 400 per sq.ft in 2023, and finally to Rs 448 per sq.ft in 2024.

What is the land classification for Chinnaypudhur?

The land classification for Chinnaypudhur is Residential Class II Type - I.

What are the stamp duty and registration fees for a property in Chinnaypudhur?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would amount to Rs 40,320.

Where is the Sub Registrar Office for Chinnaypudhur located?

The Sub Registrar Office for Chinnaypudhur is located at No.8, Taluk Office Campus, Kangeyam - 638701, Coimbatore registration zone.