Guideline Value for Chindabaranar Veedhi

Chindabaranar Veedhi guideline value

The current guideline value of Chindabaranar Veedhi is Rs 1,001 per sq.ft, effective from 1 July 2024. This street is located in Telgupalayam village under the Coimbatore South Joint 1 SRO, and it falls under the Residential Class II Type - II land classification.

How the guideline value of Chindabaranar Veedhi has changed

The guideline value for Chindabaranar Veedhi has undergone several revisions over the years. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 1,000 per sq.ft, which was then updated to Rs 1,001 per sq.ft in the 2024 revision, reflecting a change of 0% between these two years.

In summary, the current guideline value of Rs 1,001 per sq.ft in 2024 shows a slight increase from Rs 1,000 per sq.ft in 2023. This indicates that the value has remained relatively stable in recent revisions.

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 of Rs 1,002 per sq.ft. Chindabaranar Veedhi's 2024 figure is below this median.

• Chinnanna Chettiar Street: Rs 1,000 per sq.ft (2024)
• Chinnasamy Naidu Thottam: Rs 1,000 per sq.ft (2024)
• Chennimalai Andavar Nagar: 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)
• Classic Delex Right House: Rs 1,650 per sq.ft (2024)

Stamp duty and registration fee for property in Chindabaranar Veedhi

For a 1,000 sq.ft plot at the current guideline value of Rs 1,001 per sq.ft, the total guideline value would be Rs 10,01,000. The stamp duty at 7% would amount to Rs 70,070, and the registration fee at 2% would be Rs 20,020, making the total cost for these fees Rs 90,090. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Chindabaranar Veedhi?

The Sub Registrar Office that covers Chindabaranar Veedhi is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. For more information, you can find your SRO.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Telgupalayam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When you register a property, the guideline value is compared to the sale price, and the duty is charged on whichever amount is higher. This ensures that the government receives the appropriate fees based on the property's value.

Frequently asked questions

What is the current guideline value of Chindabaranar Veedhi?

The current guideline value of Chindabaranar Veedhi is Rs 1,001 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen changes from Rs 1,000 per sq.ft in 2023 to Rs 1,001 per sq.ft in 2024. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Chindabaranar Veedhi?

Chindabaranar Veedhi is classified as Residential Class II Type - II.

What are the stamp duty and registration fees for property in Chindabaranar Veedhi?

For a 1,000 sq.ft plot, the total guideline value is Rs 10,01,000, with stamp duty at Rs 70,070 and registration fees at Rs 20,020, totaling Rs 90,090.

Where is the Sub Registrar Office for Chindabaranar Veedhi located?

The Coimbatore South Joint 1 Sub Registrar Office is located at No.410a, Raja Street, Coimbatore-641001.