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Guideline Value

Corporate

Guideline Value for Chokkampudur Road (South Side) Main

₹2000/sq.ft.

The guideline value for Chokkampudur Road (south Side) Main in Ward-3 village (Coimbatore North Joint 1 SRO, Coimbatore zone) is Rs 2000 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward-3

Village

Coimbatore North Joint 1

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2000 /sq.ft.
From 1-4-2023 ₹1800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1206 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1800 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹560 /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)

District Registarar Office, Syryan Church Road, Corporattion Marriage Centre, Combatore -641001
0422-2303614
[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 Chokkampudur Road (south Side) Main

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Chokkampudur Road (South Side) Main guideline value

The current guideline value of Chokkampudur Road (South Side) Main is Rs 2,000 per sq.ft, effective from 1 July 2024. This road is located in Ward-3 village under the Coimbatore North Joint 1 SRO and is classified as Residential Class I Type - I.

How the guideline value of Chokkampudur Road (South Side) Main has changed

The guideline value for Chokkampudur Road (South Side) Main has seen several revisions over the years. In the 2007 revision, the value was set at Rs 560 per sq.ft. This increased significantly to Rs 1,800 per sq.ft in the 2012 revision, marking a substantial rise of 221%. However, in the 2017 revision, the value dropped to Rs 1,206 per sq.ft, reflecting a decrease of 33%. The value then rose again to Rs 1,800 per sq.ft in the 2023 revision, and finally, it reached Rs 2,000 per sq.ft in the 2024 revision, an increase of 11% from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 257%. Notably, there are no figures available for the revisions in 2002 and 2003 for this street.

Guideline values in Ward-3

In Ward-3, there are 82 streets under the Coimbatore North Joint 1 SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 7,300 per sq.ft, with a median value of Rs 1,800 per sq.ft. Chokkampudur Road (South Side) Main's 2024 figure is above this median.

Stamp duty and registration fee for property in Chokkampudur Road (South Side) Main

For a 1,000 sq.ft plot at the current rate of Rs 2,000 per sq.ft, the guideline value would be Rs 20,00,000. The stamp duty at 7% would amount to Rs 1,40,000, and the registration fee at 2% would be Rs 40,000, totaling Rs 1,80,000. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Chokkampudur Road (South Side) Main?

The Sub Registrar Office that covers Chokkampudur Road (South Side) Main is the Coimbatore North Joint 1 Sub Registrar Office. The address is District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward-3

The guideline value is a crucial factor during the registration process when buying or selling property in Ward-3. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is sold, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Chokkampudur Road (South Side) Main?

The current guideline value for Chokkampudur Road (South Side) Main is Rs 2,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 560 per sq.ft in 2007 to Rs 2,000 per sq.ft in 2024, reflecting an overall increase of 257% over the years.

What are the other streets in Ward-3 with their guideline values?

Other streets in Ward-3 include Chokkampudur Road (South Side) Lane, Coimbatore Fruit Market, Chinnadurai Nagar, Chellammal Nagar, Dharmaraja Kovil Lane Lane, and Dharmaraja Kovil Street Main, with values ranging from Rs 1,350 to Rs 3,900 per sq.ft in 2024.

How is stamp duty calculated for properties in Chokkampudur Road (South Side) Main?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a plot valued at Rs 20,00,000, the stamp duty would be Rs 1,40,000 at 7%.

Where can I find the Sub Registrar Office for Chokkampudur Road (South Side) Main?

The Sub Registrar Office for Chokkampudur Road (South Side) Main is located at the District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001.