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Guideline Value

Corporate

Guideline Value for Chinnammal Lay-out Near Main Road

₹1000/sq.ft.

The guideline value for Chinnammal Lay-out Near Main Road in Mettupalayam village (Mettupalayam SRO, Coimbatore zone) is Rs 1000 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Mettupalayam

Village

Mettupalayam

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹1000 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹325 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹188 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹167 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

271-coimbatore Main, Road, Near Mettupapalayam Bustand . Mettupalayam-641301
04254-292251
[email protected]

DRO (District Registrar Office)

District Registara Office, Syriyan Church Road, Corporation Marriage Hall, Coimbatore -641001
0422-2300722
[email protected],[email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Chinnammal Lay-out Near Main Road

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Chinnammal Lay-out Near Main Road guideline value

The current guideline value of Chinnammal Lay-out Near Main Road is Rs 1,000 per sq.ft. This property is located in Mettupalayam village, under the Mettupalayam SRO, and is classified as Residential Class I Type - II.

How the guideline value of Chinnammal Lay-out Near Main Road has changed

Since the 2002 revision, the guideline value has seen significant changes. In 2002, the rate was Rs 167 per sq.ft, which increased to Rs 188 per sq.ft in 2003, marking a 13% rise. The value then rose to Rs 325 per sq.ft in 2007, reflecting a 73% increase. By 2012, the value reached Rs 1,000 per sq.ft, showing a substantial 208% increase. However, in 2017, it dropped to Rs 670 per sq.ft, a decrease of 33%. The value remained at Rs 1,000 per sq.ft in 2023 and continues at the same rate in the 2024 revision.

From 2017 to 2023, there was a notable increase of 49%. Overall, from 2002 to 2024, the guideline value has increased by 499%. There are no figures available for the years not mentioned in the register for this street.

Guideline values in Mettupalayam

In Mettupalayam, there are 327 streets under the Mettupalayam SRO with a 2024 guideline value ranging from Rs 300 to Rs 2,000 per sq.ft. The median value is Rs 700 per sq.ft, placing Chinnammal Lay-out Near Main Road above this median.

Stamp duty and registration fee for property in Chinnammal Lay-out Near Main Road

For a 1,000 sq.ft plot at the current rate of Rs 1,000 per sq.ft, the guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, totaling Rs 90,000. 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 details.

Which Sub Registrar Office covers Chinnammal Lay-out Near Main Road?

The property falls under the Mettupalayam Sub Registrar Office, located at 271-Coimbatore Main Road, Near Mettupapalayam Bustand, Mettupalayam-641301, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during property registration in Mettupalayam. It helps determine the stamp duty and registration fees that must be paid when a property is bought or sold. Buyers and sellers should be aware of the guideline value to ensure compliance with local regulations.

When registering a property, the guideline value is compared with the sale price. The higher of the two values will be used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Chinnammal Lay-out Near Main Road?

The current guideline value of Chinnammal Lay-out Near Main Road is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2002, the guideline value has increased significantly, from Rs 167 per sq.ft to Rs 1,000 per sq.ft in 2024. The overall increase from 2002 to 2024 is 499%.

What is the stamp duty for property in Chinnammal Lay-out Near Main Road?

The stamp duty for a property in Chinnammal Lay-out Near Main Road is 7% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot, the stamp duty would be Rs 70,000.

Which Sub Registrar Office should I visit for transactions in Chinnammal Lay-out Near Main Road?

The Mettupalayam Sub Registrar Office covers Chinnammal Lay-out Near Main Road. The office is located at 271-Coimbatore Main Road, Near Mettupapalayam Bustand, Mettupalayam-641301.

What are the other streets in Mettupalayam with similar guideline values?

Other streets in Mettupalayam with similar guideline values include Chinna Pallivasal Street, Chinna Pallivasal Street Main Road, and Chinna Pallivasal Street West Side, all at Rs 1,000 per sq.ft. Other streets have lower rates, such as Chokkalingam Lane and Christian Colony at Rs 600 per sq.ft.