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Guideline Value

Corporate

Guideline Value for Bank Lane E/15/1,77

₹1800/sq.ft.

The guideline value for Bank Lane E/15/1,77 in Ooty Town village (Uthagamandalam -joint I SRO, Coimbatore zone) is Rs 1800 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ooty Town

Village

Uthagamandalam -Joint I

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1800 /sq.ft.
From 1-4-2023 ₹1800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1206 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /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)

Uthagamandalam -joint I Sro,govt Arts College Road,stone House Hill,ooty Town.pin-643001
0423-2449113
[email protected]

DRO (District Registrar Office)

Dr Office, Stone House Hill, Near Govt. Arts College, Ooty - 643 002.
0423-2444063
[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Bank Lane E/15/1,77

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Bank Lane E/15/1,77 guideline value

The current guideline value for Bank Lane E/15/1,77 is Rs 1,800 per sq.ft. This property is located in Ooty Town village, under the Uthagamandalam -Joint I SRO, and is classified as Residential Class I Type - I.

How the guideline value of Bank Lane E/15/1,77 has changed

The guideline value for Bank Lane E/15/1,77 has undergone several revisions over the years. The earliest recorded revision was in 2012, where the guideline value was set at Rs 1,000 per sq.ft. This figure increased to Rs 1,206 per sq.ft in 2017, marking a 21% rise. The value remained at Rs 1,800 per sq.ft for both the 2023 and 2024 revisions, indicating no change between these two years. The overall increase from 2012 to 2024 is 80%.

In summary, the guideline value saw a significant increase of 49% from 2017 to 2023, while the value remained stable from 2023 to 2024. Notably, there are no recorded figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Ooty Town

In Ooty Town, there are 209 streets under the Uthagamandalam -Joint I SRO, with 2024 guideline values ranging from Rs 500 to Rs 4,251 per sq.ft. The median guideline value is Rs 1,800 per sq.ft, which is equal to the 2024 figure for Bank Lane E/15/1,77.

Stamp duty and registration fee for property in Bank Lane E/15/1,77

For a 1,000 sq.ft plot at the current guideline value of Rs 1,800 per sq.ft, the total guideline value amounts to Rs 18,00,000. The stamp duty at 7% would be Rs 1,26,000, and the registration fee at 2% would be Rs 36,000, bringing the total fees to Rs 1,62,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Bank Lane E/15/1,77?

The Sub Registrar Office that covers Bank Lane E/15/1,77 is the Uthagamandalam -Joint I Sub Registrar Office. The address is Uthagamandalam -joint I SRO, Govt Arts College Road, Stone House Hill, Ooty Town, PIN-643001, Coimbatore registration zone. You can find your SRO for further assistance.

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

The guideline value is a critical factor in the registration process for property transactions in Ooty Town. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the sale or purchase of a property.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that the transaction is recorded accurately and in compliance with local regulations. Buyers and sellers should be aware of the current guideline value to understand their financial obligations during the property transaction process.

Frequently asked questions

What is the current guideline value for Bank Lane E/15/1,77?

The current guideline value for Bank Lane E/15/1,77 is Rs 1,800 per sq.ft as per the 2024 revision.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,000 per sq.ft in 2012 to Rs 1,800 per sq.ft in 2024, marking an overall increase of 80% over this period.

What is the land classification for Bank Lane E/15/1,77?

Bank Lane E/15/1,77 is classified as Residential Class I Type - I.

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

The Sub Registrar Office for Bank Lane E/15/1,77 is located at Uthagamandalam -joint I SRO, Govt Arts College Road, Stone House Hill, Ooty Town, PIN-643001, 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, a property with a guideline value of Rs 18,00,000 would incur a stamp duty of Rs 1,26,000 and a registration fee of Rs 36,000.