Guideline Value for Cylone Colony Thalayanallur

Cylone Colony Thalayanallur guideline value

The current guideline value for Cylone Colony Thalayanallur is Rs 200 per sq.ft, effective from 1 July 2024. This area is located in Sivagiri village and falls under the Sivagiri_Erode SRO, classified as Residential Class III Type - V.

How the guideline value of Cylone Colony Thalayanallur has changed

Over the years, the guideline value for Cylone Colony Thalayanallur has seen several revisions. The earliest recorded figure was Rs 51 per sq.ft in 2007, which increased to Rs 90 per sq.ft in 2012. However, this value then decreased to Rs 60 per sq.ft in 2017. Notably, from 2017 to 2023, there was a significant increase of 233%, bringing the value to Rs 200 per sq.ft, which remained unchanged in the 2024 revision.

The register has no figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 292%, reaching the current rate of Rs 200 per sq.ft.

Guideline values in Sivagiri

Sivagiri village has a total of 52 streets under the Sivagiri_Erode SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 250 per sq.ft. The median value is Rs 200 per sq.ft, which aligns with the current guideline value for Cylone Colony Thalayanallur.

• Chinniyam palayam Sakiliar Street 96: Rs 200 per sq.ft (2024)
• Chettithottam pudur 993 ,1012 ,1012/4 TO17 ,993/6: Rs 200 per sq.ft (2024)
• Ellappalayam 250: Rs 200 per sq.ft (2024)
• Gandhiji Street 689 ,690: Rs 250 per sq.ft (2024)
• Iylango Street 744 ,743: Rs 250 per sq.ft (2024)
• Jeeva street: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Cylone Colony Thalayanallur

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value is Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total to Rs 18,000. Please 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 Cylone Colony Thalayanallur?

The Sub Registrar Office that covers Cylone Colony Thalayanallur is the Sivagiri_Erode Sub Registrar Office, located at 1/2 Kumaran Street, Gandhi Road, Sivagiri-638109, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Sivagiri. It is used to determine the stamp duty and registration fees applicable to the transaction, ensuring that the government receives the appropriate revenue from property sales.

Frequently asked questions

What is the current guideline value for Cylone Colony Thalayanallur?

The current guideline value for Cylone Colony Thalayanallur is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 51 per sq.ft in 2007 to Rs 200 per sq.ft in 2024, marking an overall increase of 292% over this period.

What is the stamp duty rate for properties in Cylone Colony Thalayanallur?

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

Where can I find the Sub Registrar Office for Cylone Colony Thalayanallur?

The Sub Registrar Office for Cylone Colony Thalayanallur is the Sivagiri_Erode Sub Registrar Office, located at 1/2 Kumaran Street, Gandhi Road, Sivagiri-638109, Coimbatore registration zone.

What is the land classification for Cylone Colony Thalayanallur?

Cylone Colony Thalayanallur is classified as Residential Class III Type - V, which is important for understanding its zoning and permissible uses.