Guideline Value for CKH-Thulasi Enclave

CKH-Thulasi Enclave guideline value

The current guideline value of CKH-Thulasi Enclave is Rs 2,520 per sq.ft, effective from 1 July 2024. This property is located in Uppilipalayam village, under the Singanallur SRO, and is classified as Residential Special Type - I.

How the guideline value of CKH-Thulasi Enclave has changed

The guideline value for CKH-Thulasi Enclave has undergone several revisions over the years. The 2012 revision set the value at Rs 2,250 per sq.ft, which then decreased to Rs 1,507 per sq.ft in the 2017 revision. The value increased significantly to Rs 2,250 per sq.ft in the 2023 revision, and most recently, it has risen to Rs 2,520 per sq.ft in the 2024 revision. Notably, there are no figures available for the revisions in 2002, 2003, and 2007 for this street.

From 2012 to 2017, there was a decrease of 33%, followed by a substantial increase of 49% from 2017 to 2023. The most recent change from 2023 to 2024 reflects an increase of 12%. Overall, from 2012 to 2024, the guideline value has increased by 12%.

Guideline values in Uppilipalayam

In Uppilipalayam, there are 361 streets under the Singanallur SRO that carry a 2024 guideline value, ranging from Rs 1,001 to Rs 6,160 per sq.ft. The median guideline value for these streets is Rs 1,232 per sq.ft, placing CKH-Thulasi Enclave's 2024 figure above that median.

• C.M.C. Colony: Rs 1,001 per sq.ft (2024)
• Colony Street: Rs 1,002 per sq.ft (2024)
• Chitra gardens: Rs 1,232 per sq.ft (2024)
• Chitra colony 1,2: Rs 1,120 per sq.ft (2024)
• Co-operative colony: Rs 2,520 per sq.ft (2024)
• Coromandal Enclave: Rs 2,016 per sq.ft (2024)

Stamp duty and registration fee for property in CKH-Thulasi Enclave

For a 1,000 sq.ft plot at the current guideline value of Rs 2,520 per sq.ft, the total guideline value would be Rs 25,20,000. The stamp duty at 7% would amount to Rs 1,76,400, and the registration fee at 2% would be Rs 50,400, bringing the total to Rs 2,26,800. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers CKH-Thulasi Enclave?

The CKH-Thulasi Enclave is covered by the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Uppilipalayam. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value can influence negotiations and the final sale price. Buyers and sellers should be aware of the current guideline value to make informed decisions during the transaction process.

Frequently asked questions

What is the current guideline value of CKH-Thulasi Enclave?

The current guideline value of CKH-Thulasi Enclave is Rs 2,520 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, with the most recent increase from Rs 2,250 per sq.ft in 2023 to Rs 2,520 per sq.ft in 2024. The value was Rs 1,507 per sq.ft in 2017 and Rs 2,250 per sq.ft in 2012.

What is the land classification for CKH-Thulasi Enclave?

CKH-Thulasi Enclave is classified as Residential Special Type - I, indicating its intended use for residential purposes.

What are the stamp duty and registration fees for property transactions?

The stamp duty is charged at 7% of the guideline value or sale price, whichever is higher, while the registration fee is 2%. For example, a 1,000 sq.ft plot would incur a total of Rs 2,26,800 in fees based on the current guideline value.

Which office handles registrations for CKH-Thulasi Enclave?

The Singanallur Sub Registrar Office handles registrations for CKH-Thulasi Enclave, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.