Guideline Value for Chilllagkattu pudur 510 ,511

Chilllagkattu pudur 510 ,511 guideline value

The current guideline value for Chilllagkattu pudur 510 ,511 is Rs 200 per sq.ft, effective from 1 July 2024. This area is located in Arachalur village, under the Sivagiri_Erode SRO, and is classified as Residential Class III Type - V.

How the guideline value of Chilllagkattu pudur 510 ,511 has changed

Over the years, the guideline value for Chilllagkattu pudur 510 ,511 has seen significant changes. In the 2007 revision, the value was Rs 35 per sq.ft. This increased to Rs 80 per sq.ft in 2012, marking a rise of 129%. However, from 2012 to 2017, there was a decrease of 33%, bringing the value down to Rs 54 per sq.ft. The 2017 revision then saw a substantial increase of 270%, raising the value to Rs 200 per sq.ft by 2023. The 2024 revision has maintained this value at Rs 200 per sq.ft.

The revisions for the years 2002 and 2003 do not have figures listed for this street in the register. Overall, from 2007 to 2024, the guideline value has increased by 471%.

Guideline values in Arachalur

Arachalur village has a total of 87 streets under the Sivagiri_Erode SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 360 per sq.ft, with a median value of Rs 200 per sq.ft. The guideline value for Chilllagkattu pudur 510 ,511 is equal to this median.

• Bappankadu: Rs 200 per sq.ft (2024)
• Goundappaiyankadu: Rs 200 per sq.ft (2024)
• Arachalur west street: Rs 250 per sq.ft (2024)
• Arachalur Thiruvalluvar Nagar: Rs 250 per sq.ft (2024)
• Arachalur south street: Rs 250 per sq.ft (2024)
• Arachalur Santhaipatti Street: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Chilllagkattu pudur 510 ,511

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 is calculated at 7%, which comes to Rs 14,000, and the registration fee is charged at 2%, amounting to Rs 4,000. Therefore, the total cost for stamp duty and registration fee together is Rs 18,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator to estimate costs more accurately.

Which Sub Registrar Office covers Chilllagkattu pudur 510 ,511?

The Sub Registrar Office that covers Chilllagkattu pudur 510 ,511 is the Sivagiri_Erode Sub Registrar Office, located at 1/2 Kumaran Street, Gandhi Road, Sivagiri-638109, Coimbatore registration zone. For more information, you can find your SRO.

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

When buying or selling property in Arachalur, the guideline value plays a crucial role in determining the stamp duty and registration fees. The guideline value is set by the government and is used as a benchmark for property transactions in the area.

At the time of registration, the stamp duty is calculated based on the higher of the guideline value or the actual sale price of the property. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Chilllagkattu pudur 510 ,511?

The current guideline value for Chilllagkattu pudur 510 ,511 is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 35 per sq.ft in 2007 to Rs 200 per sq.ft in 2024, marking an overall increase of 471% over the years.

What are the stamp duty and registration fees for property in Chilllagkattu pudur 510 ,511?

For a 1,000 sq.ft plot, the total guideline value is Rs 2,00,000, resulting in a stamp duty of Rs 14,000 and a registration fee of Rs 4,000, totaling Rs 18,000.

Which Sub Registrar Office covers this area?

The Sivagiri_Erode Sub Registrar Office covers Chilllagkattu pudur 510 ,511, located at 1/2 Kumaran Street, Gandhi Road, Sivagiri-638109, Coimbatore registration zone.

What is the land classification for Chilllagkattu pudur 510 ,511?

The land classification for Chilllagkattu pudur 510 ,511 is Residential Class III Type - V.