Guideline Value for Attadi Road (A/33/1 to 16)

Attadi Road (A/33/1 to 16) guideline value

The current guideline value for Attadi Road (A/33/1 to 16) is Rs 800 per sq.ft. This street is located in the village of Coonoor Ward - A Block - 1 under the Coonoor_Uthagamandalam SRO. The land classification for this area is Residential Class I Type - II.

How the guideline value of Attadi Road (A/33/1 to 16) has changed

The guideline value for Attadi Road (A/33/1 to 16) has seen several revisions over the years. The 2012 revision set the value at Rs 800 per sq.ft, which remained unchanged until the 2017 revision, where it decreased to Rs 536 per sq.ft. However, from 2017 to 2023, the value increased significantly by 49% to reach Rs 800 per sq.ft again, and this figure has been maintained in the 2024 revision as well, showing no change from 2023.

Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, the guideline value from 2012 to 2024 has remained at Rs 800 per sq.ft, indicating stability in the current valuation.

Guideline values in Coonoor Ward - A Block - 1

In Coonoor Ward - A Block - 1, there are 24 streets under the Coonoor_Uthagamandalam SRO that carry a 2024 guideline value ranging from Rs 600 to Rs 1,500 per sq.ft, with the median value being Rs 800 per sq.ft. The guideline value for Attadi Road (A/33/1 to 16) aligns with this median.

• Attadi Road (A/32/ 1 to 60): Rs 800 per sq.ft (2024)
• Attadi Road (A/35/18): Rs 800 per sq.ft (2024)
• Attadi Road (A/31/ 1 to 24): Rs 800 per sq.ft (2024)
• Attadi Road (A/35/19 to 31): Rs 800 per sq.ft (2024)
• Attadi Road (A/30/1 to 86): Rs 800 per sq.ft (2024)
• Attadi Road (A/35/1 to 17): Rs 800 per sq.ft (2024)

Stamp duty and registration fee for property in Attadi Road (A/33/1 to 16)

For a 1,000 sq.ft plot at the current rate of Rs 800 per sq.ft, the 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 to Rs 72,000. 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 more detailed calculations.

Which Sub Registrar Office covers Attadi Road (A/33/1 to 16)?

The Sub Registrar Office that covers Attadi Road (A/33/1 to 16) 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 - A Block - 1

The guideline value is a crucial factor when registering property transactions in Coonoor Ward - A Block - 1. It determines the minimum value at which a property can be registered, impacting the stamp duty and registration fees payable by the buyer.

When a property is sold, the guideline value serves as a benchmark for calculating applicable fees. Buyers should be aware that the fees are based on the higher of the guideline value or the actual sale price, ensuring that the registration process is compliant with local regulations.

Frequently asked questions

What is the current guideline value for Attadi Road (A/33/1 to 16)?

The current guideline value for Attadi Road (A/33/1 to 16) is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen fluctuations, with a decrease to Rs 536 per sq.ft in 2017, followed by an increase back to Rs 800 per sq.ft by 2023, which has remained unchanged into 2024.

What is the land classification for Attadi Road (A/33/1 to 16)?

Attadi Road (A/33/1 to 16) is classified as Residential Class I Type - II, indicating its suitability for residential development.

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

The Sub Registrar Office for Attadi Road (A/33/1 to 16) is located at 80, Opposite To Subjail, Balaclava Road, Coonoor - 643 102, Coimbatore registration zone.

How is the stamp duty calculated for properties in this area?

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