Guideline Value for Chinnayathottam kudisaikal

Chinnayathottam kudisaikal guideline value

The current guideline value of Chinnayathottam kudisaikal is Rs 1,002 per sq.ft, effective from 1 July 2024. This area is located in Singanallur village and falls under the Singanallur SRO. The land classification for this street is Residential Class II Type - I.

How the guideline value of Chinnayathottam kudisaikal has changed

In the 2007 revision, the guideline value was Rs 325 per sq.ft. This increased to Rs 500 per sq.ft in the 2012 revision, showing a rise of 54%. However, in the 2017 revision, the value surged to Rs 335 per sq.ft, marking a decrease of 33%. The following revision in 2023 saw a significant increase to Rs 1,000 per sq.ft, which was a 199% rise from the 2017 figure. The latest revision in 2024 has set the value at Rs 1,002 per sq.ft, reflecting no change from the previous year.

The register has no figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 208%.

Guideline values in Singanallur

In Singanallur, there are 313 streets under the Singanallur SRO that carry a 2024 guideline value, ranging from Rs 1,000 to Rs 3,360 per sq.ft. The median value for these streets is Rs 1,120 per sq.ft, placing Chinnayathottam kudisaikal's 2024 figure below this median.

• Chinnasamy Layout: Rs 1,001 per sq.ft (2024)
• ChinnaGurusamy Layout: Rs 1,001 per sq.ft (2024)
• Cherannagar: Rs 1,568 per sq.ft (2024)
• C Type Aerodrome Road: Rs 1,680 per sq.ft (2024)
• Chandrakala Township Phase-I: Rs 1,792 per sq.ft (2024)
• Chandrakala Township Phase-2: Rs 1,792 per sq.ft (2024)

Stamp duty and registration fee for property in Chinnayathottam kudisaikal

For a 1,000 sq.ft plot at the current guideline value of Rs 1,002 per sq.ft, the total guideline value amounts to 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 to Rs 90,180. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Chinnayathottam kudisaikal?

The Chinnayathottam kudisaikal area is covered by the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111. To find your specific SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in property transactions in Singanallur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees. Buyers should be aware that these fees are based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Chinnayathottam kudisaikal?

The current guideline value of Chinnayathottam kudisaikal 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 several revisions, starting from Rs 325 per sq.ft in 2007 to Rs 1,002 per sq.ft in 2024, marking an overall increase of 208% from 2007 to 2024.

What is the land classification for Chinnayathottam kudisaikal?

The land classification for Chinnayathottam kudisaikal is Residential Class II Type - I.

Where can I find the Singanallur Sub Registrar Office?

The Singanallur Sub Registrar Office is located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.

How is stamp duty calculated in Singanallur?

Stamp duty in Singanallur is calculated based on the guideline value or the sale price, whichever is higher. For instance, on a plot valued at Rs 10,02,000, the stamp duty would be Rs 70,140 at 7%.