Guideline Value for CHINNERIPALAYAM ANNA NAGAR

Chinneripalayam Anna Nagar guideline value

The current guideline value of Chinneripalayam Anna Nagar is Rs 200 per sq.ft, effective from 1 July 2024. This area is located in Periyanegamam village, under the Negamam SRO, and is classified as Residential Class I Type - I.

How the guideline value of Chinneripalayam Anna Nagar has changed

The guideline value register for Chinneripalayam Anna Nagar shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision is from 2024, where the guideline value is set at Rs 200 per sq.ft.

In the 2024 revision, the guideline value of Rs 200 per sq.ft is noted. There are no changes between the revisions above, as the previous years do not have any figures recorded for this street.

Guideline values in Periyanegamam

In Periyanegamam, there are 91 streets under the Negamam SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 300 per sq.ft, with a median value of Rs 200 per sq.ft. Chinneripalayam Anna Nagar's 2024 figure aligns with this median.

• Chinniyagounder Street: Rs 200 per sq.ft (2024)
• Chinnasamy Gounder Street: Rs 200 per sq.ft (2024)
• Cholaraja Street: Rs 200 per sq.ft (2024)
• Chinna Negamam Road: Rs 200 per sq.ft (2024)
• Dasu Kutti Chettiar Lane: Rs 200 per sq.ft (2024)
• Dhali Road Mahalakshmi Nagar: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Chinneripalayam Anna Nagar

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total to Rs 18,000. 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 Chinneripalayam Anna Nagar?

The Sub Registrar Office that covers Chinneripalayam Anna Nagar is the Negamam Sub Registrar Office, located at No.36, Kovilpalayam Road, Kaliyappan Palayam, Near Police Station Negamam-642120, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration of property transactions in Periyanegamam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property in the area.

When a property is sold, the guideline value is used to calculate the applicable duties, ensuring that the transaction is recorded accurately. This helps maintain transparency and consistency in property dealings within the region.

Frequently asked questions

What is the current guideline value of Chinneripalayam Anna Nagar?

The current guideline value of Chinneripalayam Anna Nagar is Rs 200 per sq.ft, effective from 1 July 2024.

What land classification does Chinneripalayam Anna Nagar fall under?

Chinneripalayam Anna Nagar is classified as Residential Class I Type - I, indicating its suitability for residential development.

How many streets in Periyanegamam have a 2024 guideline value?

There are 91 streets in Periyanegamam under the Negamam SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 300 per sq.ft.

What is the registration office for Chinneripalayam Anna Nagar?

The registration office for Chinneripalayam Anna Nagar is the Negamam Sub Registrar Office, located at No.36, Kovilpalayam Road, Kaliyappan Palayam, Near Police Station Negamam-642120, Coimbatore registration zone.

How is the stamp duty calculated for properties in Chinneripalayam Anna Nagar?

Stamp duty is calculated based on the guideline value or the sale price of the property, whichever is higher. For example, for a 1,000 sq.ft plot at the current rate, the total stamp duty and registration fees would amount to Rs 18,000.