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Guideline Value

Corporate

Guideline Value for Chinnasamy Road (Part) South Side

₹3920/sq.ft.

The guideline value for Chinnasamy Road (part) South 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 ₹1250 /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

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Chinnasamy Road (Part) South Side guideline value

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

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

The guideline value for Chinnasamy Road (Part) South Side has seen several revisions over the years. In 2007, the guideline value was Rs 1,250 per sq.ft. This figure increased significantly to Rs 3,500 per sq.ft in 2012, marking a rise of 180%. However, in 2017, the value dropped to Rs 2,345 per sq.ft, a decrease of 33%. The value then rose again to Rs 3,500 per sq.ft in 2023, representing a 49% increase. The most recent revision in 2024 set the guideline value at Rs 3,920 per sq.ft, reflecting a 12% increase from the previous year.

It is important to note that there are no figures available for the years 2002 and 2003 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 214%.

Guideline values in Ganapathyward11

In Ganapathyward11, there are 104 streets under the Ganapathy SRO with a 2024 guideline value ranging from Rs 1,120 to Rs 10,080 per sq.ft. The median value for these streets is Rs 2,240 per sq.ft, placing Chinnasamy Road (Part) South Side's 2024 figure above that median.

Stamp duty and registration fee for property in Chinnasamy Road (Part) South 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, leading to a total cost of 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.

For further calculations, you can use the stamp duty and registration fee calculator.

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

The Sub Registrar Office that covers Chinnasamy Road (Part) South Side is the Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore - 641006. You can find your SRO for more details.

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

The guideline value is a crucial 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 that need to be paid during the transaction.

When a property is sold, the guideline value is used to calculate the applicable duties, ensuring that the transaction is recorded accurately in the official registry. Buyers and sellers should be aware of the current guideline value to understand their financial obligations during the registration process.

Frequently asked questions

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

The current guideline value of Chinnasamy Road (Part) South 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 significantly from Rs 1,250 per sq.ft in 2007 to Rs 3,920 per sq.ft in 2024, reflecting an overall increase of 214% during this period.

What is the stamp duty rate for properties in Chinnasamy Road (Part) South Side?

The stamp duty rate for properties in Chinnasamy Road (Part) South Side is 7% of the guideline value or the sale price, whichever is higher.

Where is the Ganapathy Sub Registrar Office located?

The Ganapathy Sub Registrar Office is located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore - 641006.

How many streets are there in Ganapathyward11 with a guideline value?

There are 104 streets in Ganapathyward11 under the Ganapathy SRO that carry a 2024 guideline value, ranging from Rs 1,120 to Rs 10,080 per sq.ft.