Guideline Value for Chungam - Thaluk Office 339,343) (Except 339/3a, 339/24,343/11a )

CHUNGAM - THALUK OFFICE 339,343) (Except 339/3A, 339/24,343/11A ) guideline value

The current guideline value for CHUNGAM - THALUK OFFICE 339,343) (Except 339/3A, 339/24,343/11A ) is Rs 801 per sq.ft, effective from 1 July 2024. This property is located in Gudalur-2 village and falls under the Goodaloor SRO. The land classification for this area is Commercial Class I Type - III.

How the guideline value of CHUNGAM - THALUK OFFICE 339,343) (Except 339/3A, 339/24,343/11A ) has changed

The guideline value for this property has seen several revisions over the years. The 2017 revision set the value at Rs 536 per sq.ft. This increased to Rs 800 per sq.ft in the 2023 revision, marking a 49% increase. The most recent revision in 2024 has the guideline value at Rs 801 per sq.ft, which is an increase of 0% from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 49%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Gudalur-2

In Gudalur-2, there are 52 streets under the Goodaloor SRO that carry a 2024 guideline value, ranging from Rs 300 to Rs 1,101 per sq.ft. The median guideline value in this area is Rs 300 per sq.ft, making the current value for CHUNGAM - THALUK OFFICE 339,343) (Except 339/3A, 339/24,343/11A ) above the median.

• Chevidipet - Kulampuzha(359,362,489,482,483,484,485,491): Rs 300 per sq.ft (2024)
• Ealu Malayaan Abdul Kalam Road(1010,1012,1018,1019, 1020,1021): Rs 300 per sq.ft (2024)
• HEALTH CAMP D.S.P. QUARTERES ROAD - GEROSA NILAYAM(1194,1195,1196,1198 1199,1202,1204,1211, 1018) (Except 1211/13): Rs 300 per sq.ft (2024)
• Asha Bhavan Road, Gudalur(1263,1264,1268): Rs 300 per sq.ft (2024)
• Kalumpuzha - Atthippalli(362,363,368,410,413, 416,418,419,477,478, 480,482,483): Rs 300 per sq.ft (2024)
• KASIMVAYAL AGRAHARAM - KASIMVAYAL THOTTAM(1085,1086,1088,1089, 1090)Except 1086/ 15A1A1A1A,1086/15A1A1A1.1086/A1A: Rs 1,101 per sq.ft (2024)

Stamp duty and registration fee for property in CHUNGAM - THALUK OFFICE 339,343) (Except 339/3A, 339/24,343/11A )

For a 1,000 sq.ft plot at the current rate of Rs 801 per sq.ft, the guideline value would be Rs 8,01,000. The stamp duty at 7% would be Rs 56,070, and the registration fee at 2% would be Rs 16,020, bringing the total to Rs 72,090. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers CHUNGAM - THALUK OFFICE 339,343) (Except 339/3A, 339/24,343/11A )?

The Sub Registrar Office that covers this property is the Goodaloor Sub Registrar Office, located at 10/512a.old Court Road, Gudalur, Nilgiris-643212, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Gudalur-2

The guideline value is a crucial factor in the registration process when buying or selling property in Gudalur-2. It serves as the basis for calculating stamp duty and registration fees, ensuring that these costs are aligned with the property's assessed value.

When a property is registered, the higher of the guideline value and the sale price is used to determine the applicable duties. This ensures that the financial obligations associated with property transactions are fairly assessed based on the established guideline values.

Frequently asked questions

What is the current guideline value for CHUNGAM - THALUK OFFICE 339,343) (Except 339/3A, 339/24,343/11A )?

The current guideline value is Rs 801 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 536 per sq.ft in 2017 to Rs 800 per sq.ft in 2023, and now to Rs 801 per sq.ft in 2024, reflecting a 49% increase overall from 2017 to 2024.

What is the land classification for this property?

The land classification for CHUNGAM - THALUK OFFICE 339,343) (Except 339/3A, 339/24,343/11A ) is Commercial Class I Type - III.

What is the median guideline value in Gudalur-2?

The median guideline value in Gudalur-2 is Rs 300 per sq.ft, while the guideline value for this street is above that median.

Where can I find more information about stamp duty and registration fees?

You can find more information and calculate your fees using the stamp duty and registration fee calculator.