Guideline Value for Chinnappa Gounder Lane

Chinnappa Gounder Lane guideline value

The current guideline value of Chinnappa Gounder Lane is Rs 1,003 per sq.ft, effective from 1 July 2024. This street is located in Kuniyamuthur village, under the Coimbatore South Joint 1 SRO. The land classification for this area is Residential Class II Type - II.

How the guideline value of Chinnappa Gounder Lane has changed

The guideline value register has no figures for Chinnappa Gounder Lane for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision set the guideline value at Rs 1,000 per sq.ft, which was then revised to Rs 1,003 per sq.ft in 2024, reflecting a change of +0% from the previous year.

In summary, the guideline value for Chinnappa Gounder Lane has seen a slight increase from Rs 1,000 per sq.ft in 2023 to Rs 1,003 per sq.ft in 2024. The current value aligns with the median guideline value for other streets in Kuniyamuthur.

Guideline values in Kuniyamuthur

In Kuniyamuthur, there are 410 streets under the Coimbatore South Joint 1 SRO, with guideline values ranging from Rs 1,000 to Rs 1,550 per sq.ft. The median value is Rs 1,003 per sq.ft, which is equal to the guideline value of Chinnappa Gounder Lane.

• Chinnasamy Pannadi Street: Rs 1,003 per sq.ft (2024)
• Chinna Kani Konar Street: Rs 1,003 per sq.ft (2024)
• Cholan Nagar Layout: Rs 1,200 per sq.ft (2024)
• Cheran Nagar: Rs 1,002 per sq.ft (2024)
• Church Street: Rs 1,001 per sq.ft (2024)
• Classic Park: Rs 1,003 per sq.ft (2024)

Stamp duty and registration fee for property in Chinnappa Gounder Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 1,003 per sq.ft, the total guideline value amounts to Rs 10,03,000. The stamp duty at 7% would be Rs 70,210, and the registration fee at 2% would be Rs 20,060, totaling Rs 90,270. 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 Chinnappa Gounder Lane?

The Sub Registrar Office that covers Chinnappa Gounder Lane is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001, in the Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of properties in Kuniyamuthur. It is used to determine the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, the buyer must pay the stamp duty based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Chinnappa Gounder Lane?

The current guideline value of Chinnappa Gounder Lane is Rs 1,003 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Chinnappa Gounder Lane was Rs 1,000 per sq.ft in 2023 and increased to Rs 1,003 per sq.ft in 2024. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Chinnappa Gounder Lane?

The land classification for Chinnappa Gounder Lane is Residential Class II Type - II, indicating its use for residential purposes.

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

The stamp duty is calculated at 7% of the guideline value, while the registration fee is 2%. For a 1,000 sq.ft property, the total costs would be approximately Rs 90,270.

Where can I find the Sub Registrar Office for Chinnappa Gounder Lane?

The Sub Registrar Office for Chinnappa Gounder Lane is located at No.410a, Raja Street, Coimbatore-641001. You can find more information by visiting the relevant online resources.