Guideline Value for Chinna Kani Konar Street

Chinna Kani Konar Street guideline value

The current guideline value of Chinna Kani Konar Street is Rs 1,003 per sq.ft, effective from 1 July 2024. This street is located in Kuniyamuthur 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 Chinna Kani Konar Street has changed

The guideline value for Chinna Kani Konar Street has undergone several revisions over the years. The register has no figure for this street for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the value was Rs 1,000 per sq.ft, which was updated to Rs 1,003 per sq.ft in the 2024 revision, reflecting a change of +0% between these two years.

As of the 2024 revision, the current guideline value stands at Rs 1,003 per sq.ft, which is equal to the median value for the 410 streets in Kuniyamuthur under the Coimbatore South Joint 1 SRO, which ranges from Rs 1,000 to Rs 1,550 per sq.ft.

Guideline values in Kuniyamuthur

In Kuniyamuthur, the guideline values for various streets range from Rs 1,000 to Rs 1,550 per sq.ft, with a median value of Rs 1,003 per sq.ft. Chinna Kani Konar Street's 2024 guideline value is equal to this median. Below are other streets in Kuniyamuthur with their respective 2024 guideline values:

• Chinnappa Gounder Lane: Rs 1,003 per sq.ft (2024)
• Chinnasamy Pannadi Street: Rs 1,003 per sq.ft (2024)
• Cheran Nagar: Rs 1,002 per sq.ft (2024)
• Cholan Nagar Layout: Rs 1,200 per sq.ft (2024)
• Church Street: Rs 1,001 per sq.ft (2024)
• Chandra Garden: Rs 1,002 per sq.ft (2024)

Stamp duty and registration fee for property in Chinna Kani Konar Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,003 per sq.ft, the total guideline value amounts to Rs 10,03,000. The stamp duty at 7% would be Rs 70,210, and the registration fee at 2% would be Rs 20,060, resulting in a total of Rs 90,270. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers Chinna Kani Konar Street?

Chinna Kani Konar Street falls under 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 more information.

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

The guideline value serves as a benchmark for property transactions in Kuniyamuthur. It is used to determine the stamp duty and registration fees that need to be paid during the registration process. Buyers and sellers must consider this value to ensure compliance with local regulations.

When a property is sold or purchased, the guideline value helps in assessing the official worth of the property. This is crucial for legal documentation and taxation purposes, ensuring that all transactions are recorded accurately in accordance with the law.

Frequently asked questions

What is the current guideline value of Chinna Kani Konar Street?

The current guideline value of Chinna Kani Konar Street is Rs 1,003 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Chinna Kani Konar Street has changed from Rs 1,000 per sq.ft in 2023 to Rs 1,003 per sq.ft in 2024. There are no figures available for this street for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Chinna Kani Konar Street?

Chinna Kani Konar Street is classified under Residential Class II Type - II land classification.

Where can I find the Sub Registrar Office for Chinna Kani Konar Street?

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

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value, the total cost for stamp duty and registration fees would be Rs 90,270.