Guideline Value for Chinnkka Rangasamy Thevar street

Chinnkka Rangasamy Thevar street guideline value

The current guideline value of Chinnkka Rangasamy Thevar street is Rs 784 per sq.ft, effective from 1 July 2024. This street is located in Sulur village, under the Sulur SRO, and is classified as Commercial Class I Type - II.

How the guideline value of Chinnkka Rangasamy Thevar street has changed

The guideline value for Chinnkka Rangasamy Thevar street has seen several revisions over the years. In 2007, the value was Rs 150 per sq.ft, which increased significantly to Rs 700 per sq.ft in 2012. However, it decreased to Rs 469 per sq.ft in 2017. The 2023 revision set the value at Rs 700 per sq.ft, and the most recent 2024 revision has raised it to Rs 784 per sq.ft, marking a 12% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 423%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Sulur

In Sulur village, there are 228 streets under the Sulur SRO with a 2024 guideline value ranging from Rs 280 to Rs 1,400 per sq.ft. The median guideline value is Rs 784 per sq.ft, which is equal to the current value of Chinnkka Rangasamy Thevar street.

• Chinnkka Krishnath thevar lane: Rs 784 per sq.ft (2024)
• Chinna Valaiyan Lane: Rs 784 per sq.ft (2024)
• Chinnapathevar Ayyar Street: Rs 560 per sq.ft (2024)
• Chinnakannan Street: Rs 784 per sq.ft (2024)
• Chikkana Annamalai thevar lane: Rs 784 per sq.ft (2024)
• Charmen Karuppannath thevar street: Rs 784 per sq.ft (2024)

Stamp duty and registration fee for property in Chinnkka Rangasamy Thevar street

For a 1,000 sq.ft plot at the current rate of Rs 784 per sq.ft, the guideline value would be Rs 7,84,000. The stamp duty at 7% would amount to Rs 54,880, and the registration fee at 2% would be Rs 15,680, totaling Rs 70,560. 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 more details.

Which Sub Registrar Office covers Chinnkka Rangasamy Thevar street?

The Sub Registrar Office covering Chinnkka Rangasamy Thevar street is the Sulur Sub Registrar Office, located at Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Sulur. It determines the minimum price at which a property can be registered, ensuring that the transaction is documented at a recognized value.

When registering a property, the buyer must pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This process is essential for legal ownership and transfer of property rights.

Frequently asked questions

What is the current guideline value of Chinnkka Rangasamy Thevar street?

The current guideline value of Chinnkka Rangasamy Thevar street is Rs 784 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 150 per sq.ft in 2007 to Rs 784 per sq.ft in 2024, reflecting an overall increase of 423% over the years.

What is the land classification for Chinnkka Rangasamy Thevar street?

Chinnkka Rangasamy Thevar street is classified as Commercial Class I Type - II.

Where can I find the registration office for this street?

The registration office for Chinnkka Rangasamy Thevar street is the Sulur Sub Registrar Office, located at Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402, Coimbatore registration zone.

What are the stamp duty and registration fees based on the guideline value?

For a property valued at Rs 7,84,000, the stamp duty is Rs 54,880 at 7%, and the registration fee is Rs 15,680 at 2%, totaling Rs 70,560.