Guideline Value for Chinnayampalayampudur (527/14)

Chinnayampalayampudur (527/14) guideline value

The current guideline value of Chinnayampalayampudur (527/14) is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Kanjikoil village under the Kavundapadi SRO, classified as Residential Class III Type - V.

How the guideline value of Chinnayampalayampudur (527/14) has changed

The guideline value for Chinnayampalayampudur has seen several revisions over the years. In the 2007 revision, the value was Rs 26 per sq.ft, which increased to Rs 100 per sq.ft in 2012. However, it then decreased to Rs 67 per sq.ft in the 2017 revision. The value saw a significant increase of 199% to Rs 200 per sq.ft in the 2023 revision, and it remained the same in the 2024 revision, showing a 0% change.

Notably, there are no figures available for this street in the 2002 and 2003 revisions. Overall, from 2007 to 2024, the guideline value has increased by 669%.

Guideline values in Kanjikoil

In Kanjikoil, there are 50 streets under the Kavundapadi SRO that have a 2024 guideline value ranging from Rs 200 to Rs 326 per sq.ft, with a median value of Rs 226 per sq.ft. Chinnayampalayampudur's 2024 figure is below this median.

• Chinniampalayam Harijana Colony (521/1,541/1,560/5): Rs 200 per sq.ft (2024)
• Chinniayam Palayam (521/1,565/3,566/1): Rs 200 per sq.ft (2024)
• Chinniyampalayam Road (1021/2,4): Rs 226 per sq.ft (2024)
• East Car Street (372/4): Rs 326 per sq.ft (2024)
• Gandhi Nagar (878/5,883/2): Rs 200 per sq.ft (2024)
• Gandhinagar Colony (881/3): Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Chinnayampalayampudur (527/14)

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, totaling Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Chinnayampalayampudur (527/14)?

The Sub Registrar Office that covers Chinnayampalayampudur is the Kavundapadi Sub Registrar Office, located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor when buying or selling property in Kanjikoil, as it determines the minimum value at which property transactions can be registered. It is used to calculate the stamp duty and registration fees payable at the time of registration.

When a property is sold, the sale price or the guideline value, whichever is higher, is considered for calculating the applicable duties. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Chinnayampalayampudur (527/14)?

The current guideline value for Chinnayampalayampudur (527/14) is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 26 per sq.ft in 2007 to Rs 200 per sq.ft in 2024, marking an overall increase of 669% over the years.

What are the stamp duty and registration fees for property in Chinnayampalayampudur?

For a property valued at Rs 2,00,000, the stamp duty would be Rs 14,000 and the registration fee would be Rs 4,000, totaling Rs 18,000.

Which Sub Registrar Office covers Kanjikoil?

The Kavundapadi Sub Registrar Office covers Kanjikoil, located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone.

What is the land classification for Chinnayampalayampudur?

Chinnayampalayampudur is classified as Residential Class III Type - V, indicating its designation for residential use.