Guideline Value for COLLEGE PUDUR

College Pudur guideline value

The current guideline value of College Pudur is Rs 1,031 per sq.ft, effective from 1 July 2024. This area is located in Veerapandi village, under the Nallur_Tiruppur SRO, and is classified as Mixed Type - I.

How the guideline value of College Pudur has changed

The guideline value of College Pudur has undergone several revisions over the years. Starting from the 2007 revision, the value was Rs 350 per sq.ft. It increased significantly to Rs 920 per sq.ft in 2012, marking a 163% rise. However, it saw a decrease to Rs 616 per sq.ft in 2017, which is a decline of 33%. The 2023 revision set the value at Rs 920 per sq.ft, and the most recent 2024 revision raised it to Rs 1,031 per sq.ft, reflecting a 12% increase.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 195%. There are no figures available for the revisions in 2002 and 2003 for this street.

Guideline values in Veerapandi

In Veerapandi village, there are 214 streets under the Nallur_Tiruppur SRO that carry a 2024 guideline value ranging from Rs 700 to Rs 2,750 per sq.ft, with a median value of Rs 709 per sq.ft. The guideline value for College Pudur is above this median.

• Cmc Green Avenue: Rs 708 per sq.ft (2024)
• Classic Garden: Rs 1,031 per sq.ft (2024)
• Chinnsamygounderlay Out: Rs 708 per sq.ft (2024)
• Chinnapalanisamy Gounder Nagar: Rs 718 per sq.ft (2024)
• Dhanalakshmi Nagar (358): Rs 1,031 per sq.ft (2024)
• Dharapuram Road: Rs 896 per sq.ft (2024)

Stamp duty and registration fee for property in College Pudur

For a 1,000 sq.ft plot at the current guideline value of Rs 1,031 per sq.ft, the total guideline value would be Rs 10,31,000. The stamp duty at 7% would amount to Rs 72,170, and the registration fee at 2% would be Rs 20,620, bringing the total fees together to Rs 92,790. 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 College Pudur?

The Sub Registrar Office that covers College Pudur is the Nallur_Tiruppur Sub Registrar Office, located near Hotel Riverview, Nagapattinam 611002, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Veerapandi. It serves as a benchmark for determining the minimum value at which a property can be registered. When buying or selling property, the guideline value ensures that the transaction is documented at a fair price, as it is used to calculate applicable stamp duty and registration fees.

When registering a property, the buyer must pay stamp duty based on the higher of the guideline value or the sale price. This process helps maintain transparency and accountability in property transactions within the region.

Frequently asked questions

What is the current guideline value of College Pudur?

The current guideline value of College Pudur is Rs 1,031 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 2007 to Rs 1,031 per sq.ft in 2024, marking an overall increase of 195% over the years.

What are the stamp duty and registration fees for property in College Pudur?

For a 1,000 sq.ft property, the total guideline value is Rs 10,31,000. The stamp duty would be Rs 72,170, and the registration fee would be Rs 20,620, totaling Rs 92,790.

Which Sub Registrar Office covers College Pudur?

The Nallur_Tiruppur Sub Registrar Office covers College Pudur, located near Hotel Riverview, Nagapattinam 611002, Coimbatore registration zone.

What is the land classification of College Pudur?

College Pudur is classified as Mixed Type - I, which indicates the type of development and usage permitted in the area.