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Guideline Value

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Guideline Value for Cheyyampalayam (220,257/1to 3)

₹200/sq.ft.

The guideline value for Cheyyampalayam (220,257/1to 3) in Kolapalore village (Gobichettipalayam Joint I SRO, Coimbatore zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Kolapalore

Village

Gobichettipalayam Joint I

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹200 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹84 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹125 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹40 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Integrated Registration Office, No.81, Old Hospital Street, Near Market, Gobichettipalayam-638452
04285-222015
[email protected]

DRO (District Registrar Office)

Integrated Reistration Complex, 81 Old Hospital Rd, Near Market, Gobichettipalayam - 638452
04285-222014
[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Cheyyampalayam (220,257/1to 3)

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Cheyyampalayam (220,257/1to 3) guideline value

The current guideline value for Cheyyampalayam (220,257/1to 3) is Rs 200 per sq.ft, effective from 1 July 2024. This property is located in Kolapalore village under the Gobichettipalayam Joint I SRO and is classified as Residential Special Type - I.

How the guideline value of Cheyyampalayam (220,257/1to 3) has changed

Since the 2007 revision, the guideline value has seen significant changes. In 2007, the value was Rs 40 per sq.ft, which increased to Rs 125 per sq.ft in 2012. However, it then decreased to Rs 84 per sq.ft in 2017. The value saw a substantial rise to Rs 200 per sq.ft in both the 2023 and 2024 revisions, reflecting a 138% increase from 2017 to 2023, and no change from 2023 to 2024.

The revisions for the years 2002 and 2003 do not have any figures listed for this street. Overall, from 2007 to 2024, the guideline value has increased by 400%.

Guideline values in Kolapalore

In Kolapalore, there are 67 streets under the Gobichettipalayam Joint I SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 200 per sq.ft, with a median of Rs 200 per sq.ft. The guideline value for Cheyyampalayam (220,257/1to 3) aligns with this median.

Stamp duty and registration fee for property in Cheyyampalayam (220,257/1to 3)

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total to Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Cheyyampalayam (220,257/1to 3)?

The Sub Registrar Office that covers Cheyyampalayam (220,257/1to 3) is the Gobichettipalayam Joint I Sub Registrar Office. The address is Integrated Registration Office, No.81, Old Hospital Street, Near Market, Gobichettipalayam-638452, Coimbatore registration zone. You can find your SRO for further assistance.

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

The guideline value plays a crucial role when buying or selling property in Kolapalore. It is used to determine the stamp duty and registration fees that need to be paid at the time of registration. Buyers should be aware that these fees are calculated based on the guideline value or the sale price, whichever is higher.

When a property is registered, the guideline value ensures that the transaction is documented at a value that is recognized by the government. This helps in maintaining transparency and accountability in property transactions.

Frequently asked questions

What is the current guideline value for Cheyyampalayam?

The current guideline value for Cheyyampalayam (220,257/1to 3) is Rs 200 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed significantly, increasing from Rs 40 per sq.ft in 2007 to Rs 200 per sq.ft in 2024, marking an overall increase of 400%.

What are the other streets in Kolapalore with the same guideline value?

Other streets in Kolapalore under the Gobichettipalayam Joint I SRO also carry a guideline value of Rs 200 per sq.ft in 2024, including Dhanalakshmi Nagar, Ganapathi Nagar, and Gayathiri Nagar, among others.

What fees are applicable when registering a property in Cheyyampalayam?

When registering a property in Cheyyampalayam, the stamp duty is charged at 7% and the registration fee at 2% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Cheyyampalayam?

The Sub Registrar Office for Cheyyampalayam is located at Integrated Registration Office, No.81, Old Hospital Street, Near Market, Gobichettipalayam-638452, Coimbatore registration zone.