Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Chinniyam palayam Sakiliar Street 96

₹200/sq.ft.

The guideline value for Chinniyam Palayam Sakiliar Street 96 in Sivagiri village (Sivagiri_erode SRO, Coimbatore zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iii Type - V. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Sivagiri

Village

Sivagiri_Erode

SRO

Residential Class III Type - V
History
Period Guideline Value
From 1-7-2024 ₹200 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹60 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹90 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹28 /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)

1/2 Kumaran Street, Gandhi Road, Sivagiri-638109.
04204-299304
[email protected]

DRO (District Registrar Office)

Dr Office Compound, Annasathya Nagar, Iraniyan Street, Rangampalayam, Erode - 638 009.
0424-2330031
[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Chinniyam Palayam Sakiliar Street 96

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Chinniyam palayam Sakiliar Street 96 guideline value

The current guideline value for Chinniyam palayam Sakiliar Street 96 is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Sivagiri village and falls under the Sivagiri_Erode SRO. The land classification for this area is Residential Class III Type - V.

How the guideline value of Chinniyam palayam Sakiliar Street 96 has changed

Over the years, the guideline value of Chinniyam palayam Sakiliar Street 96 has seen significant changes. The earliest recorded figure in the register is from 2007, where the guideline value was Rs 28 per sq.ft. This increased to Rs 90 per sq.ft in 2012, marking a 221% rise. However, from 2012 to 2017, there was a decrease to Rs 60 per sq.ft, which is a decline of 33%. The value then surged to Rs 200 per sq.ft in 2023, reflecting a substantial increase of 233%. The current guideline value remains at Rs 200 per sq.ft as per the 2024 revision, showing no change from the previous year.

There are no recorded figures for the years 2002 and 2003 for this street. Overall, from the 2007 figure to the 2024 figure, there has been an impressive increase of 614% in the guideline value.

Guideline values in Sivagiri

In Sivagiri, there are 52 streets under the Sivagiri_Erode SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 250 per sq.ft. The median value for these streets is Rs 200 per sq.ft, which is equal to the guideline value for Chinniyam palayam Sakiliar Street 96.

Stamp duty and registration fee for property in Chinniyam palayam Sakiliar Street 96

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value would be Rs 2,00,000. The stamp duty at 7% would amount to Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total cost to Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Chinniyam palayam Sakiliar Street 96?

The Sub Registrar Office that covers Chinniyam palayam Sakiliar Street 96 is the Sivagiri_Erode Sub Registrar Office, located at 1/2 Kumaran Street, Gandhi Road, Sivagiri-638109, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Sivagiri. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that transactions are recorded accurately in the official records.

When a property is sold, the buyer and seller must consider the guideline value for calculating the applicable stamp duty and registration fees. This ensures that both parties are aware of the financial obligations that arise from the transaction based on the established guideline value.

Frequently asked questions

What is the current guideline value for Chinniyam palayam Sakiliar Street 96?

The current guideline value for Chinniyam palayam Sakiliar Street 96 is Rs 200 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 28 per sq.ft in 2007 to Rs 200 per sq.ft in 2024, representing an overall increase of 614%.

What is the land classification for this street?

The land classification for Chinniyam palayam Sakiliar Street 96 is Residential Class III Type - V.

Where can I find the Sub Registrar Office for this property?

The Sub Registrar Office for Chinniyam palayam Sakiliar Street 96 is the Sivagiri_Erode Sub Registrar Office, located at 1/2 Kumaran Street, Gandhi Road, Sivagiri-638109, Coimbatore registration zone.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 200 per sq.ft would incur a total stamp duty of Rs 14,000.