Guideline Value for Chinna Karuppa Gounder street

Chinna Karuppa Gounder street guideline value

The current guideline value of Chinna Karuppa Gounder street is Rs 1,002 per sq.ft, effective from 1 July 2024. This street is located in Uppilipalayam village, under the Singanallur SRO, and is classified as Residential Class II Type - II.

How the guideline value of Chinna Karuppa Gounder street has changed

The guideline value for Chinna Karuppa Gounder street has undergone several revisions over the years. The 2012 revision set the value at Rs 800 per sq.ft, which then decreased to Rs 536 per sq.ft in 2017. This was followed by a significant increase to Rs 1,000 per sq.ft in 2023. The most recent revision in 2024 has set the guideline value at Rs 1,002 per sq.ft.

Overall, from 2012 to 2024, the guideline value has increased by 25%. Between the 2017 and 2023 revisions, there was an increase of 87%. However, the change from 2023 to 2024 is 0%, indicating no increase in value during this period.

Guideline values in Uppilipalayam

In Uppilipalayam, there are 361 streets under the Singanallur SRO, with guideline values ranging from Rs 1,001 to Rs 6,160 per sq.ft. The median guideline value is Rs 1,232 per sq.ft, placing Chinna Karuppa Gounder street's 2024 figure below this median.

• ChinnaGuru samy Layout: Rs 1,001 per sq.ft (2024)
• Chinnappa Street1,2: Rs 1,120 per sq.ft (2024)
• Chinna samy Layout: Rs 1,232 per sq.ft (2024)
• Chinna Street: Rs 1,005 per sq.ft (2024)
• Chinna thottam Street: Rs 1,001 per sq.ft (2024)
• Chennimalai Gounder Layout: Rs 1,355 per sq.ft (2024)

Stamp duty and registration fee for property in Chinna Karuppa Gounder street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,002 per sq.ft, the total guideline value would be Rs 10,02,000. The stamp duty at 7% would amount to Rs 70,140, and the registration fee at 2% would be Rs 20,040, bringing the total cost for these fees to Rs 90,180. It is important to note that duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Chinna Karuppa Gounder street?

The Sub Registrar Office that covers Chinna Karuppa Gounder street is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Uppilipalayam. It serves as a benchmark for determining the stamp duty and registration fees during the sale or purchase of property. Buyers and sellers must consider this value to ensure compliance with local regulations.

When registering a property, the guideline value is used to calculate the applicable duties and fees, which are necessary for the legal transfer of ownership. It is essential for both parties to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Chinna Karuppa Gounder street?

The current guideline value of Chinna Karuppa Gounder street is Rs 1,002 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions: Rs 800 per sq.ft in 2012, Rs 536 per sq.ft in 2017, Rs 1,000 per sq.ft in 2023, and Rs 1,002 per sq.ft in 2024.

What is the median guideline value in Uppilipalayam?

The median guideline value in Uppilipalayam is Rs 1,232 per sq.ft, which is higher than the current value of Chinna Karuppa Gounder street.

What are the stamp duty and registration fees for properties in this area?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a property valued at Rs 10,02,000, the total fees would amount to Rs 90,180.

Which office handles the registration for Chinna Karuppa Gounder street?

The Singanallur Sub Registrar Office is responsible for handling registrations for Chinna Karuppa Gounder street, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.