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Guideline Value

Corporate

Guideline Value for Chinnasamy Road (Part) North Side

₹3920/sq.ft.

The guideline value for Chinnasamy Road (part) North Side in Ganapathyward11 village (Ganapathy SRO, Coimbatore zone) is Rs 3920 per sq.ft, effective 1 July 2024. It was Rs 3500 per sq.ft from 1 April 2023, a 12% change. The land classification is Commercial Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ganapathyward11

Village

Ganapathy

SRO

Commercial Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹3920 /sq.ft.
From 1-4-2023 ₹3500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2345 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2500 /sq.ft.
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)

Sankaralinganar Road, Maniyakaranpalayam , Ganapathy, Coimbatore. 641006.
0422-2539950
[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 Chinnasamy Road (part) North Side

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Chinnasamy Road (Part) North Side guideline value

The current guideline value of Chinnasamy Road (Part) North Side is Rs 3,920 per sq.ft, effective from 1 July 2024. This street is located in Ganapathyward11 village, under the Ganapathy SRO, and is classified as Commercial Class I Type - II.

How the guideline value of Chinnasamy Road (Part) North Side has changed

The guideline value for Chinnasamy Road (Part) North Side has undergone several revisions over the years. In 2007, the value was set at Rs 2,500 per sq.ft, which increased to Rs 3,500 per sq.ft in 2012. However, it then decreased to Rs 2,345 per sq.ft in 2017. The value saw a significant rise to Rs 3,500 per sq.ft in 2023, and further increased to Rs 3,920 per sq.ft in the 2024 revision, marking a 12% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 57%. The revisions for the years 2002 and 2003 do not have any figures recorded for this street in the register.

Guideline values in Ganapathyward11

In Ganapathyward11, there are 104 streets under the Ganapathy SRO that carry a 2024 guideline value ranging from Rs 1,120 to Rs 10,080 per sq.ft, with a median value of Rs 2,240 per sq.ft. The guideline value of Chinnasamy Road (Part) North Side is above this median.

Stamp duty and registration fee for property in Chinnasamy Road (Part) North Side

For a 1,000 sq.ft plot at the current guideline value of Rs 3,920 per sq.ft, the total guideline value would be Rs 39,20,000. The stamp duty at 7% would amount to Rs 2,74,400, and the registration fee at 2% would be Rs 78,400, making the total cost Rs 3,52,800. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for precise calculations based on your property.

Which Sub Registrar Office covers Chinnasamy Road (Part) North Side?

The Chinnasamy Road (Part) North Side falls under the Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore. The postal code is 641006.

To find your SRO, you can visit find your SRO.

How the guideline value is used when you buy or sell in Ganapathyward11

The guideline value is a critical factor in the registration process when buying or selling property in Ganapathyward11. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

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

Frequently asked questions

What is the current guideline value of Chinnasamy Road (Part) North Side?

The current guideline value of Chinnasamy Road (Part) North Side is Rs 3,920 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,500 per sq.ft in 2007 to Rs 3,920 per sq.ft in 2024, reflecting an overall increase of 57% over the years.

What is the land classification for Chinnasamy Road (Part) North Side?

The land classification for Chinnasamy Road (Part) North Side is Commercial Class I Type - II.

Where is the Ganapathy Sub Registrar Office located?

The Ganapathy Sub Registrar Office is located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, with the postal code 641006.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 39,20,000, the stamp duty would be Rs 2,74,400 at a rate of 7%.