Guideline Value for Barma Cell Line

Barma Cell Line guideline value

The current guideline value of Barma Cell Line is Rs 1,800 per sq.ft, effective from 1 July 2024. This street 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 Barma Cell Line has changed

The guideline value for Barma Cell Line has seen several revisions over the years. The 2012 revision set the value at Rs 1,800 per sq.ft, which remained unchanged in the 2023 revision. The 2017 revision recorded a lower value of Rs 1,206 per sq.ft, marking a decrease of 33% from the 2012 figure. The 2024 revision returned to Rs 1,800 per sq.ft, showing no change from the previous year.

From 2017 to 2023, there was a significant increase of 49% in the guideline value. Overall, comparing the 2012 revision to the 2024 revision, the guideline value has not changed, remaining at Rs 1,800 per sq.ft. The register has no figures for Barma Cell Line for the revisions in 2002, 2003, and 2007.

Guideline values in Ooty Town

In Ooty Town, there are 209 streets under the Uthagamandalam -Joint I SRO, with 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 Barma Cell Line.

• Barathiyar Street: Rs 1,250 per sq.ft (2024)
• Barathidhasan Street: Rs 1,250 per sq.ft (2024)
• Bank Lane E/15/1,77: Rs 1,800 per sq.ft (2024)
• Beddoms Road: Rs 1,800 per sq.ft (2024)
• Behind Rohini Theatre F/14/35: Rs 1,800 per sq.ft (2024)
• Band Line: Rs 1,800 per sq.ft (2024)

Stamp duty and registration fee for property in Barma Cell Line

For a 1,000 sq.ft plot at the current rate of Rs 1,800 per sq.ft, the 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, totaling Rs 1,62,000. 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 Barma Cell Line?

The Sub Registrar Office covering Barma Cell Line is the Uthagamandalam -Joint I Sub Registrar Office, located at Govt Arts College Road, Stone House Hill, Ooty Town, PIN-643001, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Ooty Town. It determines the stamp duty and registration fees that need to be paid, ensuring that the transaction is recorded accurately in government records.

When buying or selling property, the guideline value serves as a reference point for both buyers and sellers. It helps in assessing the value of the property and ensures compliance with legal requirements during the registration process.

Frequently asked questions

What is the current guideline value of Barma Cell Line?

The current guideline value of Barma Cell Line is Rs 1,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Barma Cell Line has remained at Rs 1,800 per sq.ft since 2012, with a decrease to Rs 1,206 per sq.ft in 2017, followed by a return to Rs 1,800 per sq.ft in 2024.

What are the stamp duty and registration fees for properties in Barma Cell Line?

For a property valued at Rs 18,00,000, the stamp duty would be Rs 1,26,000 and the registration fee would be Rs 36,000, totaling Rs 1,62,000.

Which office handles the registration for Barma Cell Line?

The Uthagamandalam -Joint I Sub Registrar Office handles registrations for Barma Cell Line, located at Govt Arts College Road, Stone House Hill, Ooty Town.

What is the land classification for Barma Cell Line?

Barma Cell Line is classified as Residential Class I Type - I, indicating its suitability for residential development.