Guideline Value for Chinnash Konar Street

Chinnash Konar Street guideline value

The current guideline value of Chinnash Konar Street is Rs 1,002 per sq.ft, effective from 1 July 2024. This street is located in Telgupalayam village and falls under the Coimbatore South Joint 1 SRO. The land classification for this area is Residential Class II Type - III.

How the guideline value of Chinnash Konar Street has changed

The guideline value register has no figures for Chinnash Konar Street for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision set the guideline value at Rs 1,000 per sq.ft. In the subsequent 2024 revision, the guideline value increased to Rs 1,002 per sq.ft, reflecting a change of +0% from the previous year.

Thus, the guideline value has seen minimal change between the 2023 and 2024 revisions, with the value remaining aligned with the median guideline value of Rs 1,002 per sq.ft for streets in Telgupalayam.

Guideline values in Telgupalayam

In Telgupalayam, there are 223 streets under the Coimbatore South Joint 1 SRO, with guideline values ranging from Rs 1,000 to Rs 4,000 per sq.ft. Chinnash Konar Street's 2024 guideline value of Rs 1,002 per sq.ft is equal to the median for the area.

• Chinnaswamy Nagar: Rs 1,000 per sq.ft (2024)
• Chinnasamy Naidu Thottam: Rs 1,000 per sq.ft (2024)
• Chinnanna Chettiar Street: Rs 1,000 per sq.ft (2024)
• Chindabaranar Veedhi: Rs 1,001 per sq.ft (2024)
• Classic Delex Right House: Rs 1,650 per sq.ft (2024)
• Chennimalai Andavar Nagar: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Chinnash Konar Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,002 per sq.ft, the total guideline value would be Rs 10,02,000. The stamp duty at 7% would be Rs 70,140, and the registration fee at 2% would be Rs 20,040, bringing the total charges to Rs 90,180. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Chinnash Konar Street?

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

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

The guideline value is an essential factor in the registration process of property transactions in Telgupalayam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transfer of property ownership.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in real estate dealings. Buyers and sellers must be aware of the current guideline values to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Chinnash Konar Street?

The current guideline value of Chinnash Konar Street is Rs 1,002 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen minimal change, moving from Rs 1,000 per sq.ft in 2023 to Rs 1,002 per sq.ft in 2024. There are no figures recorded for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Chinnash Konar Street?

Chinnash Konar Street is classified as Residential Class II Type - III, which indicates the type of development permissible in the area.

Where can I find the Sub Registrar Office for Chinnash Konar Street?

The Sub Registrar Office for Chinnash Konar Street is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001.

How is stamp duty calculated for properties in Telgupalayam?

Stamp duty is calculated based on the guideline value or the sale price of the property, whichever is higher. For example, a property valued at Rs 10,02,000 would incur a stamp duty of Rs 70,140 at a rate of 7%.