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Guideline Value

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Guideline Value for Chinnasamy Road (Part) South Side 1st Cross

₹2240/sq.ft.

The guideline value for Chinnasamy Road (part) South Side 1st Cross in Ganapathyward11 village (Ganapathy SRO, Coimbatore zone) is Rs 2240 per sq.ft, effective 1 July 2024. It was Rs 2000 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ganapathyward11

Village

Ganapathy

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹2240 /sq.ft.
From 1-4-2023 ₹2000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1340 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1000 /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) South Side 1st Cross

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Chinnasamy Road (Part) South Side 1st Cross guideline value

The current guideline value of Chinnasamy Road (Part) South Side 1st Cross is Rs 2,240 per sq.ft, effective from 1 July 2024. This street is located in Ganapathyward11 village, under the Ganapathy SRO, and is classified as Residential Class I Type - II.

How the guideline value of Chinnasamy Road (Part) South Side 1st Cross has changed

The guideline value for Chinnasamy Road (Part) South Side 1st Cross has undergone several revisions over the years. In 2007, the guideline value was Rs 1,000 per sq.ft, which increased to Rs 2,000 per sq.ft in 2012, marking a 100% rise. However, from 2012 to 2017, the value decreased to Rs 1,340 per sq.ft, reflecting a decline of 33%. The value then rose significantly to Rs 2,000 per sq.ft in 2023, which was a 49% increase. Finally, the current revision in 2024 set the value at Rs 2,240 per sq.ft, a 12% increase from the previous year.

There are no figures available for the revisions in 2002 and 2003 for this street in the register.

Guideline values in Ganapathyward11

In Ganapathyward11, there are a total of 104 streets that have a 2024 guideline value ranging from Rs 1,120 to Rs 10,080 per sq.ft. The median value is Rs 2,240 per sq.ft, which is equal to the current guideline value for Chinnasamy Road (Part) South Side 1st Cross.

Stamp duty and registration fee for property in Chinnasamy Road (Part) South Side 1st Cross

For a 1,000 sq.ft plot at the current guideline value of Rs 2,240 per sq.ft, the total guideline value amounts to Rs 22,40,000. The stamp duty at 7% would be Rs 1,56,800, and the registration fee at 2% would be Rs 44,800, bringing the total cost for these fees to Rs 2,01,600. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers Chinnasamy Road (Part) South Side 1st Cross?

The Chinnasamy Road (Part) South Side 1st Cross 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 plays a crucial role in property transactions in Ganapathyward11. It is used as a reference point for calculating stamp duty and registration fees when a property is bought or sold. Buyers and sellers must be aware that the guideline value is often considered during the registration process.

When registering a property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in property dealings. It is essential for both parties to understand the implications of the guideline value in their transactions.

Frequently asked questions

What is the current guideline value of Chinnasamy Road (Part) South Side 1st Cross?

The current guideline value of Chinnasamy Road (Part) South Side 1st Cross is Rs 2,240 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2007 to Rs 2,240 per sq.ft in 2024, reflecting an overall increase of 124% over the years.

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

For a property valued at Rs 22,40,000, the stamp duty would be Rs 1,56,800 and the registration fee would be Rs 44,800, totaling Rs 2,01,600.

Which office handles registrations for Chinnasamy Road (Part) South Side 1st Cross?

The Ganapathy Sub Registrar Office is responsible for registrations in this area, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore.

What is the significance of the guideline value in property transactions?

The guideline value is essential for determining the stamp duty and registration fees during property transactions, ensuring that the property is recorded at a fair value.