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Guideline Value

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Guideline Value for Cholakatai St (Kurukutheru Manai Privu Nagar)

₹800/sq.ft.

The guideline value for Cholakatai St (kurukutheru Manai Privu Nagar) in Dharapuram Ward 2 village (Dharapuram SRO, Coimbatore zone) is Rs 800 per sq.ft, effective 1 July 2024. It was Rs 726 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Dharapuram Ward 2

Village

Dharapuram

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹800 /sq.ft.
From 1-4-2023 ₹726 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹486 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹725 /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 Cholakatai St (kurukutheru Manai Privu Nagar)

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Cholakatai St (Kurukutheru Manai Privu Nagar) guideline value

The current guideline value of Cholakatai St (Kurukutheru Manai Privu Nagar) is Rs 800 per sq.ft, effective from 1 July 2024. This street is located in Dharapuram Ward 2 village, under the Dharapuram SRO, and falls under the Residential Class I Type - II land classification.

How the guideline value of Cholakatai St (Kurukutheru Manai Privu Nagar) has changed

The guideline value of Cholakatai St has undergone several revisions over the years. The earliest recorded figure is from 2012, where the value was Rs 725 per sq.ft. This was followed by a decrease to Rs 486 per sq.ft in 2017, marking a decline of 33%. Subsequently, the value increased significantly to Rs 726 per sq.ft in 2023, representing a 49% rise. The most recent revision in 2024 has set the guideline value at Rs 800 per sq.ft, which is a 10% increase from the previous year.

There are no recorded figures for the years 2002, 2003, and 2007 for Cholakatai St. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Dharapuram Ward 2

In Dharapuram Ward 2, there are 16 streets under the Dharapuram SRO that carry a 2024 guideline value ranging from Rs 385 to Rs 1,160 per sq.ft. The median value for these streets is Rs 575 per sq.ft, placing Cholakatai St's 2024 figure above this median.

Stamp duty and registration fee for property in Cholakatai St (Kurukutheru Manai Privu Nagar)

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value amounts to Rs 8,00,000. The stamp duty at 7% would be Rs 56,000, and the registration fee at 2% would be Rs 16,000, bringing the total fees to Rs 72,000. It is important to note that the 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 more detailed calculations.

Which Sub Registrar Office covers Cholakatai St (Kurukutheru Manai Privu Nagar)?

The Sub Registrar Office that covers Cholakatai St (Kurukutheru Manai Privu Nagar) 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 2

The guideline value is a crucial factor in the registration process when buying or selling property in Dharapuram Ward 2. It serves as a benchmark for calculating the stamp duty and registration fees, ensuring that these costs are based on the official valuation rather than the sale price alone.

When engaging in property transactions, it is essential to be aware of the guideline value as it directly impacts the financial obligations involved in the registration process. Buyers and sellers should consult the latest figures to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Cholakatai St?

The current guideline value of Cholakatai St (Kurukutheru Manai Privu Nagar) is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 725 per sq.ft in 2012 to Rs 486 per sq.ft in 2017, then to Rs 726 per sq.ft in 2023, and finally to Rs 800 per sq.ft in 2024.

What is the land classification for Cholakatai St?

Cholakatai St (Kurukutheru Manai Privu Nagar) is classified as Residential Class I Type - II.

Where can I find the Sub Registrar Office for Cholakatai St?

The Sub Registrar Office for Cholakatai St is located at Taluk Office Compound, Dharapuram 638 656, Coimbatore registration zone.

How is the stamp duty calculated for property transactions?

Stamp duty is calculated based on the higher of the guideline value and the sale price of the property. For example, for a plot valued at Rs 8,00,000, the stamp duty would be Rs 56,000 at 7%.