Guideline Value for C.S. Nagar 1st Street

C.S. Nagar 1st Street guideline value

The current guideline value of C.S. Nagar 1st Street is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Vadavalli village, under the Vadavalli SRO, and is classified as Residential Class I Type - I.

How the guideline value of C.S. Nagar 1st Street has changed

Over the years, the guideline value for C.S. Nagar 1st Street has seen several revisions. In 2012, the value was set at Rs 1,000 per sq.ft. This figure decreased to Rs 670 per sq.ft in 2017, marking a decline of 33%. However, the value increased significantly to Rs 1,000 per sq.ft in 2023, followed by a further rise to Rs 1,100 per sq.ft in 2024, which represents a 10% increase from the previous year.

From 2017 to 2023, there was a substantial increase of 49%. Overall, comparing the figures from 2012 to 2024, the guideline value has increased by 10%. The register has no figure for C.S. Nagar 1st Street in the years 2002, 2003, and 2007.

Guideline values in Vadavalli

In Vadavalli, there are 461 streets under the Vadavalli SRO, with guideline values ranging from Rs 1,000 to Rs 2,200 per sq.ft. The median guideline value is Rs 1,100 per sq.ft, which is equal to the 2024 figure for C.S. Nagar 1st Street.

• C.S. Nagar: Rs 1,100 per sq.ft (2024)
• C.S. Nagar 2nd Street: Rs 1,100 per sq.ft (2024)
• C.S. Nagar 3rd Street: Rs 1,100 per sq.ft (2024)
• C.S. Nagar Extension: Rs 1,100 per sq.ft (2024)
• C.S. Nagar Main: Rs 1,100 per sq.ft (2024)
• Curio Garden: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in C.S. Nagar 1st Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, totaling Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for accurate calculations.

Which Sub Registrar Office covers C.S. Nagar 1st Street?

The Sub Registrar Office that covers C.S. Nagar 1st Street is the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Vadavalli. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the sale or purchase of property.

When you buy or sell property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in property dealings. It is essential to be aware of the guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of C.S. Nagar 1st Street?

The current guideline value of C.S. Nagar 1st Street is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then back to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,100 per sq.ft in 2024.

What is the land classification for C.S. Nagar 1st Street?

C.S. Nagar 1st Street is classified as Residential Class I Type - I.

Where can I find the Sub Registrar Office for C.S. Nagar 1st Street?

The Sub Registrar Office for C.S. Nagar 1st Street is located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.

How is the stamp duty calculated for property in C.S. Nagar 1st Street?

The stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current rate, the total guideline value is Rs 11,00,000, leading to a stamp duty of Rs 77,000.