Guideline Value for Chennimalai Andavar Nagar

Chennimalai Andavar Nagar guideline value

The current guideline value of Chennimalai Andavar Nagar is Rs 1,000 per sq.ft. This area is located in Telgupalayam village, under the Coimbatore South Joint 1 SRO, and is classified as Residential Class II Type - I.

How the guideline value of Chennimalai Andavar Nagar has changed

The guideline value for Chennimalai Andavar Nagar has remained constant at Rs 1,000 per sq.ft from the 2023 revision to the 2024 revision. Prior to this, the register has no figure for this street for the years 2017, 2012, 2007, 2003, and 2002.

In the 2024 revision, the guideline value is Rs 1,000 per sq.ft, which is the same as the figure from the 2023 revision. This indicates no percentage change between these two revisions, which is +0%.

Guideline values in Telgupalayam

In Telgupalayam, there are 223 streets under the Coimbatore South Joint 1 SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 4,000 per sq.ft, with a median value of Rs 1,002 per sq.ft. The guideline value of Chennimalai Andavar Nagar is below this median.

• Chindabaranar Veedhi: Rs 1,001 per sq.ft (2024)
• Chinnanna Chettiar Street: Rs 1,000 per sq.ft (2024)
• Chinnasamy Naidu Thottam: Rs 1,000 per sq.ft (2024)
• Chinnash Konar Street: Rs 1,002 per sq.ft (2024)
• Chinnaswamy Nagar: Rs 1,000 per sq.ft (2024)
• Boodhi Veedhi: Rs 1,003 per sq.ft (2024)

Stamp duty and registration fee for property in Chennimalai Andavar Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value would be Rs 10,00,000. The stamp duty at 7% would amount to Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total fees together to Rs 90,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Chennimalai Andavar Nagar?

The Sub Registrar Office that covers Chennimalai Andavar Nagar is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Telgupalayam. It determines the minimum value at which a property can be registered and is used to calculate stamp duty and registration fees.

When buying or selling property, it is essential to consider the guideline value as it influences the overall cost of registration. Buyers should ensure they are aware of the current guideline value to avoid any discrepancies during the transaction process.

Frequently asked questions

What is the current guideline value of Chennimalai Andavar Nagar?

The current guideline value of Chennimalai Andavar Nagar is Rs 1,000 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value has remained at Rs 1,000 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the classification of Chennimalai Andavar Nagar?

Chennimalai Andavar Nagar is classified as Residential Class II Type - I, indicating its intended use for residential purposes.

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

For a property valued at Rs 10,00,000, the stamp duty would be Rs 70,000 and the registration fee would be Rs 20,000, totaling Rs 90,000. The duty is charged on the higher of the guideline value or the sale price.

Where is the Sub Registrar Office located for Chennimalai Andavar Nagar?

The Coimbatore South Joint 1 Sub Registrar Office is located at No.410a, Raja Street, Coimbatore-641001. This office handles registrations for properties in Chennimalai Andavar Nagar.