Guideline Value for Chinnannanstreet 346 (1)

Chinnannanstreet 346 (1) guideline value

The current guideline value of Chinnannanstreet 346 (1) is Rs 250 per sq.ft. This property is located in Vanipudur village, under the Thookanaicken Palayam SRO, and is classified as Residential Class I Type - I.

How the guideline value of Chinnannanstreet 346 (1) has changed

The guideline value for Chinnannanstreet 346 (1) has undergone several revisions over the years. The earliest recorded revision in 2003 set the value at Rs 39 per sq.ft. This figure saw a significant increase to Rs 167 per sq.ft in 2017, marking a rise of 328%. By the 2023 revision, the value had further increased to Rs 250 per sq.ft, reflecting a 50% rise from the previous revision. Notably, there are no figures available for the years 2002, 2007, and 2012.

With the latest revision in 2024, the guideline value remains at Rs 250 per sq.ft, showing no change from the previous year. Overall, from 2003 to 2024, the guideline value has increased by 541%.

Guideline values in Vanipudur

In Vanipudur, there are 56 streets under the Thookanaicken Palayam SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 440 per sq.ft. The median value for these streets is Rs 250 per sq.ft, which is equal to the guideline value of Chinnannanstreet 346 (1).

• Devaraj thotta veedi (291/1A1): Rs 400 per sq.ft (2024)
• Dideer Nagar 280/2: Rs 250 per sq.ft (2024)
• D.N.P.street 300: Rs 250 per sq.ft (2024)
• Forest street 300: Rs 250 per sq.ft (2024)
• Gandhi Street Kongarpalayam Road 12 (1,2): Rs 250 per sq.ft (2024)
• Bharathiyar street 300: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Chinnannanstreet 346 (1)

For a 1,000 sq.ft plot at the current guideline value of Rs 250 per sq.ft, the total guideline value amounts to Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, and the registration fee at 2% would be Rs 5,000, making the total cost for these fees Rs 22,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Chinnannanstreet 346 (1)?

The Sub Registrar Office that covers Chinnannanstreet 346 (1) is the Thookanaicken Palayam Sub Registrar Office, located at T.s.p Nagar Vaikkal Road T.n.palayam Gobi-638506, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Vanipudur. It determines the minimum value at which a property can be registered, ensuring that the government receives the appropriate revenue from stamp duty and registration fees.

When buying or selling property, the guideline value serves as a reference point for both buyers and sellers. It is essential to be aware of the current guideline value to ensure compliance with registration requirements and to understand the financial implications of the transaction.

Frequently asked questions

What is the current guideline value of Chinnannanstreet 346 (1)?

The current guideline value of Chinnannanstreet 346 (1) is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 39 per sq.ft in 2003 to Rs 250 per sq.ft in 2024, an overall increase of 541% over the years.

What is the land classification of Chinnannanstreet 346 (1)?

Chinnannanstreet 346 (1) is classified as Residential Class I Type - I, indicating its suitability for residential purposes.

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

For a property valued at Rs 2,50,000, the stamp duty would be Rs 17,500 and the registration fee would be Rs 5,000, totaling Rs 22,500.

Which Sub Registrar Office covers this property?

The Thookanaicken Palayam Sub Registrar Office covers Chinnannanstreet 346 (1), located at T.s.p Nagar Vaikkal Road T.n.palayam Gobi-638506, Coimbatore registration zone.