Guideline Value for Allai Sait Compound (B/20/1 to 26)

Allai Sait Compound (B/20/1 to 26) guideline value

The current guideline value of Allai Sait Compound (B/20/1 to 26) is Rs 1,000 per sq.ft. This property is located in Coonoor Ward - B Block - 1, under the Coonoor_Uthagamandalam SRO, and is classified as Residential Class I Type - I.

How the guideline value of Allai Sait Compound (B/20/1 to 26) has changed

The guideline value for Allai Sait Compound has seen several revisions over the years. The 2012 revision set the value at Rs 1,000 per sq.ft, which was a decrease of 33% from the previous 2017 revision where the value was Rs 670 per sq.ft. The 2023 revision maintained the value at Rs 1,000 per sq.ft, and the current 2024 revision also stands at Rs 1,000 per sq.ft, showing no change from 2023.

From 2017 to 2023, there was a significant increase of 49%. Overall, from the 2012 revision to the 2024 revision, the guideline value has remained constant at Rs 1,000 per sq.ft, reflecting stability in this period.

Guideline values in Coonoor Ward - B Block - 1

In Coonoor Ward - B Block - 1, there are 76 streets under the Coonoor_Uthagamandalam SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 1,500 per sq.ft. The median value is Rs 1,000 per sq.ft, which is equal to the guideline value of Allai Sait Compound (B/20/1 to 26).

• Ambethkar Street: Rs 300 per sq.ft (2024)
• Aariyamala compoumd: Rs 1,000 per sq.ft (2024)
• Arignar Anna Street (B/26/1 to 94): Rs 1,000 per sq.ft (2024)
• Barlose Salai (B/36/9): Rs 1,000 per sq.ft (2024)
• Bazaar Street (B/19/66 to 135): Rs 1,500 per sq.ft (2024)
• Church Hill Area (B/39/1 to 42): Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Allai Sait Compound (B/20/1 to 26)

For a 1,000 sq.ft plot at the current rate of Rs 1,000 per sq.ft, the guideline value would be Rs 10,00,000. The stamp duty at 7% would amount to Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total to 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 more details.

Which Sub Registrar Office covers Allai Sait Compound (B/20/1 to 26)?

The Sub Registrar Office that covers Allai Sait Compound is the Coonoor_Uthagamandalam Sub Registrar Office, located at 80, Opposite To Subjail, Balaclava Road, Coonoor - 643 102, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Coonoor Ward - B Block - 1

The guideline value is a critical factor in property transactions within Coonoor Ward - B Block - 1. It determines the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When buying or selling property, the guideline value serves as a benchmark for both the buyer and seller. It is essential to be aware of the current guideline value to understand the financial implications of the transaction.

Frequently asked questions

What is the current guideline value of Allai Sait Compound?

The current guideline value of Allai Sait Compound (B/20/1 to 26) is Rs 1,000 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then back to Rs 1,000 per sq.ft in 2023 and 2024, showing fluctuations over the years.

What is the land classification of Allai Sait Compound?

Allai Sait Compound is classified as Residential Class I Type - I, which indicates its intended use for residential purposes.

Where can I find the Sub Registrar Office for this property?

The Sub Registrar Office for Allai Sait Compound is located at 80, Opposite To Subjail, Balaclava Road, Coonoor - 643 102, Coimbatore registration zone.

How is stamp duty calculated for properties in Allai Sait Compound?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 10,00,000 would incur a stamp duty of Rs 70,000 at 7%.