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Guideline Value

Corporate

Guideline Value for Chinna Kinathupalayam 13/1

₹200/sq.ft.

The guideline value for Chinna Kinathupalayam 13/1 in Vadugapatti village (Sivagiri_erode SRO, Coimbatore zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iii Type - V. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Vadugapatti

Village

Sivagiri_Erode

SRO

Residential Class III Type - V
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 ₹33 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹50 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹13 /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)

1/2 Kumaran Street, Gandhi Road, Sivagiri-638109.
04204-299304
[email protected]

DRO (District Registrar Office)

Dr Office Compound, Annasathya Nagar, Iraniyan Street, Rangampalayam, Erode - 638 009.
0424-2330031
[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Chinna Kinathupalayam 13/1

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Chinna Kinathupalayam 13/1 guideline value

The current guideline value of Chinna Kinathupalayam 13/1 is Rs 200 per sq.ft, effective from 1 July 2024. This property is located in Vadugapatti village, under the Sivagiri_Erode SRO, and is classified as Residential Class III Type - V.

How the guideline value of Chinna Kinathupalayam 13/1 has changed

The guideline value for Chinna Kinathupalayam 13/1 has undergone several revisions since 2007. In 2007, the value was Rs 13 per sq.ft, which increased to Rs 50 per sq.ft in 2012, marking a rise of 285%. However, it then decreased to Rs 33 per sq.ft in 2017, reflecting a decline of 34%. The most significant change occurred between 2017 and 2023, where the value surged to Rs 200 per sq.ft, a remarkable increase of 506%. The current value remains the same as in 2023, at Rs 200 per sq.ft, effective from 1 July 2024.

There are no figures available for the years 2002 and 2003 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 1438%, showcasing a significant rise over the years.

Guideline values in Vadugapatti

In Vadugapatti, there are 63 streets under the Sivagiri_Erode SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 200 per sq.ft, with the median also being Rs 200 per sq.ft. The guideline value for Chinna Kinathupalayam 13/1 aligns with this median.

Stamp duty and registration fee for property in Chinna Kinathupalayam 13/1

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 fees to Rs 18,000. It is important to note that duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Chinna Kinathupalayam 13/1?

The Sub Registrar Office that covers Chinna Kinathupalayam 13/1 is the Sivagiri_Erode Sub Registrar Office, located at 1/2 Kumaran Street, Gandhi Road, Sivagiri-638109, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration process when buying or selling property in Vadugapatti. It is used to determine the stamp duty and registration fees that must be paid, ensuring that the transaction is recorded accurately in the official register.

When a property is sold, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Chinna Kinathupalayam 13/1?

The current guideline value of Chinna Kinathupalayam 13/1 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 significantly from Rs 13 per sq.ft in 2007 to Rs 200 per sq.ft in 2024, marking an overall increase of 1438% over the years.

What is the stamp duty rate for properties in Chinna Kinathupalayam 13/1?

The stamp duty rate for properties in Chinna Kinathupalayam 13/1 is 7%, which is applied to the higher of the guideline value or the sale price.

Where can I find the Sub Registrar Office for Chinna Kinathupalayam 13/1?

The Sub Registrar Office for Chinna Kinathupalayam 13/1 is the Sivagiri_Erode Sub Registrar Office, located at 1/2 Kumaran Street, Gandhi Road, Sivagiri-638109, Coimbatore registration zone.

What are the registration fees for property transactions?

The registration fee for property transactions in Chinna Kinathupalayam 13/1 is 2% of the guideline value. For example, if the guideline value is Rs 2,00,000, the registration fee would be Rs 4,000.