Guideline Value for BUS STAND TO PUMPING STATION

Bus Stand To Pumping Station guideline value

The current guideline value for Bus Stand To Pumping Station is Rs 496 per sq.ft, effective from 1 July 2024. This location is in Kunnathur village, under the Kunnathur SRO, and is classified as Commercial Class I Type - II.

How the guideline value of Bus Stand To Pumping Station has changed

The guideline value for Bus Stand To Pumping Station has seen several revisions over the years. In 2012, the value was Rs 495 per sq.ft, which then decreased to Rs 332 per sq.ft in 2017. This marked a significant drop of 33%. However, from 2017 to 2023, the value increased by 49%, bringing it back to Rs 496 per sq.ft. The 2023 revision maintained this value, with no change noted for the 2024 revision.

It's important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has remained stable, showing an overall change of 0%.

Guideline values in Kunnathur

Kunnathur village has 17 streets under the Kunnathur SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 711 per sq.ft. The median value among these streets is Rs 496 per sq.ft, which is equal to the guideline value for Bus Stand To Pumping Station.

• Bus Stand To Erikarai Starting: Rs 496 per sq.ft (2024)
• Chithaandipalaya M: Rs 200 per sq.ft (2024)
• Eswaran Kovil Street: Rs 711 per sq.ft (2024)
• Gobi Road: Rs 200 per sq.ft (2024)
• Anbu Nagar: Rs 200 per sq.ft (2024)
• Ananda Puram: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Bus Stand To Pumping Station

For a 1,000 sq.ft plot at the current guideline value of Rs 496 per sq.ft, the total guideline value would be Rs 4,96,000. The stamp duty at 7% would amount to Rs 34,720, and the registration fee at 2% would be Rs 9,920, making the total fees together Rs 44,640. Please note that duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Bus Stand To Pumping Station?

The Bus Stand To Pumping Station is covered by the Kunnathur Sub Registrar Office located at No.348, Uthukuli Road, Kunnathur - 638103, Coimbatore registration zone. You can find your SRO for further assistance.

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

The guideline value plays a crucial role during the registration of property transactions in Kunnathur. It serves as a benchmark for determining the stamp duty and registration fees applicable to a property sale. Buyers and sellers must consider this value to ensure compliance with local regulations when finalizing property deals.

When registering a property, the guideline value is compared with the sale price, and duty is charged on the higher of the two. This ensures that the government receives appropriate revenue based on the property's assessed value or the agreed sale price, whichever is greater.

Frequently asked questions

What is the current guideline value for Bus Stand To Pumping Station?

The current guideline value for Bus Stand To Pumping Station is Rs 496 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen changes from Rs 495 per sq.ft in 2012 to Rs 332 per sq.ft in 2017, then increasing to Rs 496 per sq.ft in 2023 and remaining the same in 2024.

What is the land classification for Bus Stand To Pumping Station?

Bus Stand To Pumping Station is classified as Commercial Class I Type - II under the Kunnathur SRO.

Where can I find the Kunnathur Sub Registrar Office?

The Kunnathur Sub Registrar Office is located at No.348, Uthukuli Road, Kunnathur - 638103, Coimbatore registration zone.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 496 per sq.ft, the total guideline value would be Rs 4,96,000.