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Guideline Value

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Guideline Value for Chinnsamy Road (Part) South Side 2nd Cross

₹2240/sq.ft.

The guideline value for Chinnsamy Road (part) South Side 2nd Cross in Ganapathyward11 village (Ganapathy SRO, Coimbatore zone) is Rs 2240 per sq.ft, effective 1 July 2024. It was Rs 2000 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ganapathyward11

Village

Ganapathy

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹2240 /sq.ft.
From 1-4-2023 ₹2000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1340 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1000 /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)

Sankaralinganar Road, Maniyakaranpalayam , Ganapathy, Coimbatore. 641006.
0422-2539950
[email protected]

DRO (District Registrar Office)

District Registara Office, Syriyan Church Road, Corporation Marriage Hall, Coimbatore -641001
0422-2300722
[email protected],[email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Chinnsamy Road (part) South Side 2nd Cross

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Chinnsamy Road (Part) South Side 2nd Cross guideline value

The current guideline value of Chinnsamy Road (Part) South Side 2nd Cross is Rs 2,240 per sq.ft, effective from 1 July 2024. This property is located in Ganapathyward11 village, under the Ganapathy SRO, and is classified as Residential Class I Type - II.

How the guideline value of Chinnsamy Road (Part) South Side 2nd Cross has changed

The guideline value for Chinnsamy Road (Part) South Side 2nd Cross has undergone several revisions over the years. Starting from the 2007 revision, the value was Rs 1,000 per sq.ft, which increased to Rs 2,000 per sq.ft in 2012. However, there was a decrease to Rs 1,340 per sq.ft in 2017. The value then rose significantly to Rs 2,000 per sq.ft in 2023, and currently stands at Rs 2,240 per sq.ft as of the 2024 revision. The changes from one revision to the next include a 100% increase from 2007 to 2012, a 33% decrease from 2012 to 2017, a 49% increase from 2017 to 2023, and a 12% increase from 2023 to 2024.

It is important to note that there are no figures available for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 124%.

Guideline values in Ganapathyward11

In Ganapathyward11, there are 104 streets under the Ganapathy SRO that carry a 2024 guideline value, ranging from Rs 1,120 to Rs 10,080 per sq.ft. The median value is Rs 2,240 per sq.ft, which is equal to the guideline value of Chinnsamy Road (Part) South Side 2nd Cross.

Stamp duty and registration fee for property in Chinnsamy Road (Part) South Side 2nd Cross

For a 1,000 sq.ft plot at the current guideline value of Rs 2,240 per sq.ft, the total guideline value amounts to Rs 22,40,000. The stamp duty at 7% would be Rs 1,56,800, and the registration fee at 2% would be Rs 44,800, bringing the total to Rs 2,01,600. 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 Chinnsamy Road (Part) South Side 2nd Cross?

The Sub Registrar Office that covers Chinnsamy Road (Part) South Side 2nd Cross is the Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ganapathyward11

The guideline value is a crucial factor when buying or selling property in Ganapathyward11. It is used to determine the stamp duty and registration fees that must be paid during the registration process. The guideline value ensures that the property is assessed fairly according to the prevailing rates in the area.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This process helps maintain transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Chinnsamy Road (Part) South Side 2nd Cross?

The current guideline value of Chinnsamy Road (Part) South Side 2nd Cross is Rs 2,240 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2007 to Rs 2,240 per sq.ft in 2024, marking an overall increase of 124% over the years.

What are the other guideline values in Ganapathyward11?

Other guideline values in Ganapathyward11 range from Rs 1,120 to Rs 10,080 per sq.ft, with the median value being Rs 2,240 per sq.ft.

What is the stamp duty rate for properties in this area?

The stamp duty rate for properties in Ganapathyward11 is 7% of the guideline value or sale price, whichever is higher.

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

The Ganapathy Sub Registrar Office is located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006. You can find more information about your SRO online.