Guideline Value

Corporate

Guideline Value for Chinna Thottam

₹224/sq.ft.

The guideline value for Chinna Thottam in Kannampalayam village (Sulur SRO, Coimbatore zone) is Rs 224 per sq.ft, effective 1 July 2024. It was Rs 200 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class Iii Type - V. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Kannampalayam

Village

Sulur

SRO

Residential Class III Type - V
History
Period Guideline Value
From 1-7-2024 ₹224 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹117 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹175 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹60 /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)

Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402
0422-2682455
[email protected]

DRO (District Registrar Office)

District Registrar Office Coimbatore (south), Fifth Floor, Singapore Plaza, Crosscut Road, Gandhipuram, Coimbatore 641012.
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[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 Thottam

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Chinna Thottam guideline value

The current guideline value of Chinna Thottam is Rs 224 per sq.ft, effective from 1 July 2024. This area is located in Kannampalayam village under the Sulur SRO, classified as Residential Class III Type - V.

How the guideline value of Chinna Thottam has changed

The guideline value of Chinna Thottam has seen several revisions over the years. In 2007, the value was Rs 60 per sq.ft, which increased to Rs 175 per sq.ft in 2012. However, it then decreased to Rs 117 per sq.ft in 2017. Following this, the value rose significantly to Rs 200 per sq.ft in 2023, and currently, it stands at Rs 224 per sq.ft in the 2024 revision. The register has no figure for this street in 2002 and 2003.

From 2017 to 2023, there was a notable increase of 71%. The value jumped by 12% from 2023 to 2024. Overall, from 2007 to 2024, the increase is a substantial 273%, reflecting the changes in the guideline value over the years.

Guideline values in Kannampalayam

In Kannampalayam, there are 114 streets under the Sulur SRO with a 2024 guideline value ranging from Rs 224 to Rs 1,800 per sq.ft. The median value for these streets is Rs 336 per sq.ft, placing Chinna Thottam's 2024 figure below that median.

Stamp duty and registration fee for property in Chinna Thottam

For a 1,000 sq.ft plot at the current rate of Rs 224 per sq.ft, the guideline value would be Rs 2,24,000. The stamp duty at 7% would amount to Rs 15,680, and the registration fee at 2% would be Rs 4,480, totaling Rs 20,160. Please note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Chinna Thottam?

The Sub Registrar Office that covers Chinna Thottam is the Sulur Sub Registrar Office, located at Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during property transactions in Kannampalayam. It determines the minimum value at which a property can be registered and is used to calculate the stamp duty and registration fees applicable to the transaction.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair price, preventing undervaluation. Buyers and sellers should be aware of the guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Chinna Thottam?

The current guideline value of Chinna Thottam is Rs 224 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 60 per sq.ft in 2007 to Rs 224 per sq.ft in 2024, reflecting an overall increase of 273% over this period.

What is the registration office for Chinna Thottam?

The registration office for Chinna Thottam is the Sulur Sub Registrar Office, located at Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402, Coimbatore registration zone.

How is stamp duty calculated for properties in Chinna Thottam?

Stamp duty for properties in Chinna Thottam is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 224 per sq.ft incurs a stamp duty of Rs 15,680.

What are the other streets in Kannampalayam with their guideline values?

Other streets in Kannampalayam include Chinndhamanipudur at Rs 448 per sq.ft, Chinna Rame Gounder Street at Rs 448 per sq.ft, Cheran Nagar at Rs 896 per sq.ft, Chennimalai Gounder Street at Rs 448 per sq.ft, Dhanalakshmi Nagar at Rs 224 per sq.ft, and E.B.Colony at Rs 224 per sq.ft.