Guideline Value for COROMANDAL ENCLAVE

Coromandal Enclave guideline value

The current guideline value of Coromandal Enclave, located in Uppilipalayam village under the Singanallur SRO, is Rs 2,016 per sq.ft, effective from 1 July 2024. This property falls under the land classification of Residential Special Type - II.

How the guideline value of Coromandal Enclave has changed

The guideline value for Coromandal Enclave has undergone several revisions over the years. The register has no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision in 2024 set the guideline value at Rs 2,016 per sq.ft.

As there are no figures available for the previous revisions, it is clear that the only current value for Coromandal Enclave is from the 2024 revision. There have been no changes between the revisions available for this street.

Guideline values in Uppilipalayam

In Uppilipalayam, there are 361 streets that carry a 2024 guideline value, ranging from Rs 1,001 to Rs 6,160 per sq.ft, with a median value of Rs 1,232 per sq.ft. Coromandal Enclave's 2024 figure of Rs 2,016 per sq.ft is above this median.

• Corporation Sweeper Housing unit: Rs 1,005 per sq.ft (2024)
• Cotton City Apartment (Perks school road): Rs 2,520 per sq.ft (2024)
• Co-operative colony: Rs 2,520 per sq.ft (2024)
• Colony Street: Rs 1,002 per sq.ft (2024)
• C.M.C. Colony: Rs 1,001 per sq.ft (2024)
• CKH-Thulasi Enclave: Rs 2,520 per sq.ft (2024)

Stamp duty and registration fee for property in Coromandal Enclave

For a 1,000 sq.ft plot at the current rate of Rs 2,016 per sq.ft, the guideline value amounts to Rs 20,16,000. The stamp duty at 7% would be Rs 1,41,120, and the registration fee at 2% would be Rs 40,320, bringing the total to Rs 1,81,440. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Coromandal Enclave?

The Sub Registrar Office that covers Coromandal Enclave is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, in the Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value is a critical factor in the registration process when buying or selling property in Uppilipalayam. It determines the stamp duty and registration fees that are payable, ensuring that the transaction is recorded at a fair value as set by the authorities.

When a property is registered, the guideline value serves as a baseline for calculating these fees. Buyers and sellers should be aware that the duty is charged on the higher of the guideline value or the sale price, which can affect the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Coromandal Enclave?

The current guideline value of Coromandal Enclave is Rs 2,016 per sq.ft, effective from 1 July 2024.

What land classification does Coromandal Enclave fall under?

Coromandal Enclave is classified as Residential Special Type - II.

How many streets are there in Uppilipalayam with a guideline value?

There are 361 streets in Uppilipalayam that carry a 2024 guideline value.

What is the median guideline value in Uppilipalayam?

The median guideline value in Uppilipalayam is Rs 1,232 per sq.ft.

Where is the Singanallur Sub Registrar Office located?

The Singanallur Sub Registrar Office is located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, in the Coimbatore registration zone.