Guideline Value for Chokkampudur Oorkattu

Chokkampudur Oorkattu guideline value

The current guideline value of Chokkampudur Oorkattu is Rs 1,000 per sq.ft, effective from 1 July 2024. This area is located in Kumarapalayam village under the Coimbatore South Joint 1 SRO, classified as Residential Class I Type - II.

How the guideline value of Chokkampudur Oorkattu has changed

The guideline value for Chokkampudur Oorkattu has remained consistent at Rs 1,000 per sq.ft from the 2023 revision to the 2024 revision, showing no percentage change. Prior to this, there are no figures available for the years 2017, 2012, 2007, 2003, and 2002 in the register for this street.

In the 2024 revision, the guideline value is Rs 1,000 per sq.ft, the same as in the 2023 revision. This indicates a stable valuation for the street over the last two years.

Guideline values in Kumarapalayam

In Kumarapalayam, there are 290 streets under the Coimbatore South Joint 1 SRO that carry a 2024 guideline value, ranging from Rs 1,000 to Rs 2,750 per sq.ft, with a median value of Rs 1,001 per sq.ft. The guideline value for Chokkampudur Oorkattu is below this median.

• Chokkampudur Road: Rs 1,550 per sq.ft (2024)
• Chidambaram Colony: Rs 1,000 per sq.ft (2024)
• Cheran Nagar: Rs 1,000 per sq.ft (2024)
• D.G.Ramasamy Naidu Street: Rs 1,002 per sq.ft (2024)
• Dhanalakshmi Gardens: Rs 1,550 per sq.ft (2024)
• C.G.V.Nagar: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Chokkampudur Oorkattu

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, totaling Rs 90,000. 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 further calculations.

Which Sub Registrar Office covers Chokkampudur Oorkattu?

The Sub Registrar Office that covers Chokkampudur Oorkattu is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001, in the Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during property registration in Kumarapalayam. It is used to determine the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the transaction is recorded accurately in accordance with government regulations.

Frequently asked questions

What is the current guideline value of Chokkampudur Oorkattu?

The current guideline value of Chokkampudur Oorkattu is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 1,000 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 in the register for this street.

What is the median guideline value in Kumarapalayam?

The median guideline value for the 290 streets in Kumarapalayam is Rs 1,001 per sq.ft, with Chokkampudur Oorkattu's value falling below this median.

What are the stamp duty and registration fees for a property in Chokkampudur Oorkattu?

For a property valued at Rs 10,00,000, the stamp duty would be Rs 70,000 and the registration fee would be Rs 20,000, totaling Rs 90,000. This is based on the current guideline value of Rs 1,000 per sq.ft.

Where is the Sub Registrar Office for Chokkampudur Oorkattu located?

The Sub Registrar Office for Chokkampudur Oorkattu is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001.