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Guideline Value

Corporate

Guideline Value for Chitharavuthanpalayam (Bybass Road)

₹575/sq.ft.

The guideline value for Chitharavuthanpalayam (bybass Road) in Dharapuram Ward 4 village (Dharapuram SRO, Coimbatore zone) is Rs 575 per sq.ft, effective 1 July 2024. It was Rs 520 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Dharapuram Ward 4

Village

Dharapuram

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹575 /sq.ft.
From 1-4-2023 ₹520 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹348 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹520 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
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)

Taluk Office Compound, Dharapuram 638 656
04258-226756
[email protected]

DRO (District Registrar Office)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960044
[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Chitharavuthanpalayam (bybass Road)

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Chitharavuthanpalayam (Bybass Road) guideline value

The current guideline value of Chitharavuthanpalayam (Bybass Road) is Rs 575 per sq.ft, effective from 1 July 2024. This area falls under Dharapuram Ward 4 village and is classified as Residential Class II Type - II. The relevant Sub Registrar Office for this locality is the Dharapuram SRO.

How the guideline value of Chitharavuthanpalayam (Bybass Road) has changed

In the 2012 revision, the guideline value was Rs 520 per sq.ft. This value saw a decrease in the 2017 revision, dropping to Rs 348 per sq.ft, a change of -33%. The 2023 revision brought the value back up to Rs 520 per sq.ft, and in the latest 2024 revision, it increased to Rs 575 per sq.ft, marking an increase of 11% from the previous year. The register has no figures for the years 2002, 2003, and 2007 for this street.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 11%. The significant changes include a 49% increase from 2017 to 2023 and an 11% increase from 2023 to 2024.

Guideline values in Dharapuram Ward 4

In Dharapuram Ward 4, there are 55 streets under the Dharapuram SRO carrying a 2024 guideline value ranging from Rs 575 to Rs 1,820 per sq.ft, with a median value of Rs 770 per sq.ft. The guideline value for Chitharavuthanpalayam (Bybass Road) is below this median.

Stamp duty and registration fee for property in Chitharavuthanpalayam (Bybass Road)

For a 1,000 sq.ft plot at the current guideline value of Rs 575 per sq.ft, the total guideline value would be Rs 5,75,000. The stamp duty at 7% would amount to Rs 40,250, and the registration fee at 2% would be Rs 11,500, bringing the total cost to Rs 51,750. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for precise calculations.

Which Sub Registrar Office covers Chitharavuthanpalayam (Bybass Road)?

The Sub Registrar Office that covers Chitharavuthanpalayam (Bybass Road) is the Dharapuram Sub Registrar Office, located at Taluk Office Compound, Dharapuram 638 656, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Dharapuram Ward 4

The guideline value plays a crucial role in property transactions in Dharapuram Ward 4. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling property in the area.

When a property is sold, the guideline value is referenced to ensure that the transaction is registered at a value that reflects the current market conditions. This helps maintain transparency and fairness in property dealings.

Frequently asked questions

What is the current guideline value of Chitharavuthanpalayam (Bybass Road)?

The current guideline value of Chitharavuthanpalayam (Bybass Road) is Rs 575 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various changes: it was Rs 520 per sq.ft in 2012, decreased to Rs 348 per sq.ft in 2017, increased to Rs 520 per sq.ft in 2023, and is now Rs 575 per sq.ft in 2024.

What is the land classification for Chitharavuthanpalayam (Bybass Road)?

The land classification for Chitharavuthanpalayam (Bybass Road) is Residential Class II Type - II, indicating its suitability for residential development.

What are the stamp duty and registration fees for property transactions?

For a property valued at Rs 5,75,000, the stamp duty would be Rs 40,250 and the registration fee would be Rs 11,500, totaling Rs 51,750. These fees are based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office located for this area?

The Dharapuram Sub Registrar Office is located at Taluk Office Compound, Dharapuram 638 656, Coimbatore registration zone. This office handles all registrations for properties in the area.