Guideline Value for Beddoms Road

Beddoms Road guideline value

The current guideline value of Beddoms Road is Rs 1,800 per sq.ft, effective from 1 July 2024. This road 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 Beddoms Road has changed

In the 2007 revision, the guideline value was set at Rs 570 per sq.ft. This figure saw a significant increase in the 2012 revision, where it rose to Rs 1,800 per sq.ft, marking an increase of 216%. However, in the 2017 revision, the value decreased to Rs 1,206 per sq.ft, representing a drop of 33%. The 2023 revision maintained the value at Rs 1,800 per sq.ft, and the same value was retained in the 2024 revision, indicating no change from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 216%. Notably, there are no figures available for the years 2002 and 2003 in the register for this street.

Guideline values in Ooty Town

In Ooty Town, there are 209 streets under the Uthagamandalam -Joint I SRO that carry a 2024 guideline value ranging from Rs 500 to Rs 4,251 per sq.ft. The median value is Rs 1,800 per sq.ft, which matches the guideline value of Beddoms Road.

• Behind Rohini Theatre F/14/35: Rs 1,800 per sq.ft (2024)
• Barma Cell Line: Rs 1,800 per sq.ft (2024)
• 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)
• Band Line: Rs 1,800 per sq.ft (2024)

Stamp duty and registration fee for property in Beddoms Road

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, leading to a total cost of Rs 1,62,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Beddoms Road?

The Sub Registrar Office that covers Beddoms Road 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 details.

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

The guideline value is a crucial factor in property transactions in Ooty Town, as it determines the minimum value at which properties can be registered. This value is used to calculate the stamp duty and registration fees that buyers must pay during the property transaction process.

When buying or selling property, it is essential to be aware of the guideline value, as it ensures compliance with local regulations and helps in determining the financial obligations associated with the transaction. Buyers and sellers should always refer to the latest guideline values to ensure accurate calculations of fees and duties.

Frequently asked questions

What is the current guideline value of Beddoms Road?

The current guideline value of Beddoms Road is Rs 1,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 570 per sq.ft in 2007 to Rs 1,800 per sq.ft in 2012, then decreased to Rs 1,206 per sq.ft in 2017, and has remained at Rs 1,800 per sq.ft in 2023 and 2024.

What is the land classification of Beddoms Road?

Beddoms Road is classified as Residential Class I Type - I, indicating its suitability for residential purposes.

Where can I find the Sub Registrar Office for Beddoms Road?

The Sub Registrar Office covering Beddoms Road is located at Govt Arts College Road, Stone House Hill, Ooty Town, PIN-643001, in the Coimbatore registration zone.

How are stamp duty and registration fees calculated?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher, while the registration fee is charged at 2% of the guideline value. For example, a 1,000 sq.ft plot at Rs 1,800 per sq.ft would incur a total fee of Rs 1,62,000.