Guideline Value for Chinnaperumal Veetu sandhu

Chinnaperumal Veetu sandhu guideline value

The current guideline value of Chinnaperumal Veetu sandhu is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Unjalore village under the Kodumudi SRO and is classified as Commercial Class I Type - I.

How the guideline value of Chinnaperumal Veetu sandhu has changed

The guideline value for Chinnaperumal Veetu sandhu has seen several revisions over the years. In the 2007 revision, the value was Rs 40 per sq.ft, which increased significantly to Rs 150 per sq.ft in 2012. However, it dropped to Rs 100 per sq.ft in the 2017 revision, before rising to Rs 200 per sq.ft in both the 2023 and 2024 revisions. The register has no figure for this street in 2002 and 2003.

From 2007 to 2012, there was an increase of 275%, followed by a decrease of 33% from 2012 to 2017. The value then doubled from Rs 100 per sq.ft in 2017 to Rs 200 per sq.ft in 2023, maintaining the same rate into 2024. Overall, the guideline value has increased by 400% from 2007 to 2024.

Guideline values in Unjalore

In Unjalore, there are 52 streets under the Kodumudi SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 200 per sq.ft, with a median value of Rs 200 per sq.ft. Chinnaperumal Veetu sandhu's 2024 figure aligns with this median.

• Chellandiyamman kovil street: Rs 100 per sq.ft (2024)
• Chellandiamman Kovilveethi: Rs 200 per sq.ft (2024)
• Chandraselaran veetu sandhu: Rs 100 per sq.ft (2024)
• Chandrasekaran: Rs 200 per sq.ft (2024)
• Ellaikkadu pudur: Rs 200 per sq.ft (2024)
• Highways road: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Chinnaperumal Veetu sandhu

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value would be 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 to Rs 18,000. Duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Chinnaperumal Veetu sandhu?

The Sub Registrar Office that covers Chinnaperumal Veetu sandhu is the Kodumudi Sub Registrar Office, located at No.80, Railway Station Road, Kodumudi-638 151, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Unjalore. It determines the stamp duty and registration fees payable during the sale or purchase of property.

When a property is sold, the guideline value serves as a reference point to ensure that the transaction is recorded accurately. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Chinnaperumal Veetu sandhu?

The current guideline value of Chinnaperumal Veetu sandhu is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 40 per sq.ft in 2007 to Rs 200 per sq.ft in 2024, marking an overall increase of 400% over the years.

What is the land classification of Chinnaperumal Veetu sandhu?

Chinnaperumal Veetu sandhu is classified as Commercial Class I Type - I.

Where can I find the Sub Registrar Office for Chinnaperumal Veetu sandhu?

The Kodumudi Sub Registrar Office covers Chinnaperumal Veetu sandhu, located at No.80, Railway Station Road, Kodumudi-638 151, Coimbatore registration zone.

How is stamp duty calculated for properties in Chinnaperumal Veetu sandhu?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 2,00,000, the stamp duty would be Rs 14,000 at 7%.