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Guideline Value

Corporate

Guideline Value for Chinnammal Street (Ward 7)

₹1035/sq.ft.

The guideline value for Chinnammal Street (ward 7) in Kurichi village (Coimbatore North Joint 1 SRO, Coimbatore zone) is Rs 1035 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 4% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Kurichi

Village

Coimbatore North Joint 1

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹1035 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹402 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
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)

District Registarar Office, Syryan Church Road, Corporattion Marriage Centre, Combatore -641001
0422-2303614
[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 Street (ward 7)

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Chinnammal Street (Ward 7) guideline value

The current guideline value of Chinnammal Street (Ward 7) is Rs 1,035 per sq.ft, effective from 1 July 2024. This street is located in Kurichi village under the Coimbatore North Joint 1 SRO, classified as Residential Class II Type - II.

How the guideline value of Chinnammal Street (Ward 7) has changed

The guideline value for Chinnammal Street (Ward 7) has undergone several revisions over the years. The oldest recorded figure is from 2012, where the guideline value was Rs 600 per sq.ft. This increased to Rs 402 per sq.ft in 2017, followed by a significant rise to Rs 1,000 per sq.ft in 2023. The latest revision in 2024 sees the value at Rs 1,035 per sq.ft. The register has no figures for the years 2002, 2003, and 2007.

From 2012 to 2017, there was a decrease of 33%, but from 2017 to 2023, the value surged by 149%. The overall change from 2012 to 2024 reflects an increase of 73% in the guideline value.

Guideline values in Kurichi

In Kurichi, there are 536 streets under the Coimbatore North Joint 1 SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 2,200 per sq.ft, with a median value of Rs 1,040 per sq.ft. Chinnammal Street's 2024 figure is below this median.

Stamp duty and registration fee for property in Chinnammal Street (Ward 7)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,035 per sq.ft, the total guideline value would be Rs 10,35,000. The stamp duty at 7% would amount to Rs 72,450, and the registration fee at 2% would be Rs 20,700, leading to a total fee of Rs 93,150. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Chinnammal Street (Ward 7)?

The Sub Registrar Office that covers Chinnammal Street (Ward 7) is the Coimbatore North Joint 1 Sub Registrar Office, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001. You can find your SRO for more information.

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

The guideline value is a critical factor during the registration of property transactions in Kurichi. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, it is essential to be aware of the current guideline value as it directly impacts the financial obligations involved in the transaction. Buyers should ensure that the sale price is in line with the guideline value to avoid any legal complications during registration.

Frequently asked questions

What is the current guideline value of Chinnammal Street (Ward 7)?

The current guideline value of Chinnammal Street (Ward 7) is Rs 1,035 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 1,035 per sq.ft in 2024, reflecting an overall increase of 73% over this period.

What is the stamp duty for property in Chinnammal Street (Ward 7)?

The stamp duty for property in Chinnammal Street (Ward 7) is 7% of the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office is responsible for Chinnammal Street (Ward 7)?

The Coimbatore North Joint 1 Sub Registrar Office is responsible for Chinnammal Street (Ward 7), located at District Registrar Office, Syryan Church Road, Coimbatore -641001.

What are the other streets in Kurichi with guideline values?

Other streets in Kurichi include Chettipalayam Road, Chettiar Colony, Cheran Nagar Vellalore Road, Church Road, and Chathiram Street, with guideline values ranging from Rs 1,040 to Rs 1,075 per sq.ft in 2024.