Guideline Value for Chandra Garden

Chandra Garden guideline value

The current guideline value of Chandra Garden is Rs 1,002 per sq.ft, effective from 1 July 2024. This property is located in Kuniyamuthur village, under the Coimbatore South Joint 1 SRO, and is classified as Residential Class II Type - I.

How the guideline value of Chandra Garden has changed

According to the guideline value register, there is no figure available for Chandra Garden for the years 2002, 2003, 2007, 2012, and 2017. The guideline value was Rs 1,000 per sq.ft in 2023, and it has increased to Rs 1,002 per sq.ft in 2024, reflecting a change of +0%.

The most recent revision effective from 1 July 2024 shows the guideline value at Rs 1,002 per sq.ft. This value indicates a slight increase from the previous year, where the guideline value was Rs 1,000 per sq.ft in 2023.

Guideline values in Kuniyamuthur

In Kuniyamuthur, there are 410 streets under the Coimbatore South Joint 1 SRO, with guideline values ranging from Rs 1,000 to Rs 1,550 per sq.ft. The median guideline value for these streets is Rs 1,003 per sq.ft, placing Chandra Garden's 2024 figure below that median.

• Brindhavan Circle: Rs 1,001 per sq.ft (2024)
• Cheran Nagar: Rs 1,002 per sq.ft (2024)
• Chinna Kani Konar Street: Rs 1,003 per sq.ft (2024)
• Chinnappa Gounder Lane: Rs 1,003 per sq.ft (2024)
• Chinnasamy Pannadi Street: Rs 1,003 per sq.ft (2024)
• Cholan Nagar Layout: Rs 1,200 per sq.ft (2024)

Stamp duty and registration fee for property in Chandra Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,002 per sq.ft, the total guideline value amounts to Rs 10,02,000. The stamp duty at 7% would be Rs 70,140, and the registration fee at 2% would be Rs 20,040, bringing the total to Rs 90,180. Please note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Chandra Garden?

The Sub Registrar Office that covers Chandra Garden is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001, in the Coimbatore registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor when registering property transactions in Kuniyamuthur. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value will be considered alongside the sale price. The higher of the two will be used to calculate the stamp duty and registration fees, which are mandatory for legal property transactions.

Frequently asked questions

What is the current guideline value of Chandra Garden?

The current guideline value of Chandra Garden is Rs 1,002 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Chandra Garden was Rs 1,000 per sq.ft in 2023 and increased to Rs 1,002 per sq.ft in 2024. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification of Chandra Garden?

Chandra Garden is classified as Residential Class II Type - I, which indicates its designation for residential purposes.

What are the stamp duty and registration fees for properties in Chandra Garden?

For a 1,000 sq.ft property at the current guideline value, the total stamp duty would be Rs 70,140 and the registration fee would be Rs 20,040, totaling Rs 90,180.

Where is the Sub Registrar Office for Chandra Garden located?

The Sub Registrar Office covering Chandra Garden is located at No.410a, Raja Street, Coimbatore-641001, under the Coimbatore South Joint 1 registration zone.