Guideline Value for C.S. Nagar 3rd Street

C.S. Nagar 3rd Street guideline value

The current guideline value of C.S. Nagar 3rd 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 falls under the Residential Class I Type - I land classification.

How the guideline value of C.S. Nagar 3rd Street has changed

In the 2012 revision, the guideline value was set at Rs 1,000 per sq.ft. This figure was then reduced to Rs 670 per sq.ft in the 2017 revision, marking a decrease of 33%. Following this, the value saw a significant increase to Rs 1,000 per sq.ft in the 2023 revision, and further increased by 10% to Rs 1,100 per sq.ft in the 2024 revision.

Overall, from the 2012 revision to the 2024 revision, there has been a net increase of 10%. The revisions for the years 2002, 2003, and 2007 have no figure recorded for C.S. Nagar 3rd Street in the register.

Guideline values in Vadavalli

In Vadavalli, there are 461 streets under the Vadavalli SRO that carry a 2024 guideline value, ranging from Rs 1,000 to Rs 2,200 per sq.ft. The median value among these streets is Rs 1,100 per sq.ft, which is equal to the current guideline value of C.S. Nagar 3rd Street.

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

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

For more detailed calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers C.S. Nagar 3rd Street?

The Sub Registrar Office that covers C.S. Nagar 3rd Street is the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046, in the Coimbatore registration zone. 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 minimum value at which a property can be registered, ensuring that the transaction is recorded at a fair value.

When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees, which are necessary for the legal transfer of ownership. These fees are based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of C.S. Nagar 3rd Street?

The current guideline value of C.S. Nagar 3rd 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 3rd Street?

C.S. Nagar 3rd Street falls under the Residential Class I Type - I land classification.

Where is the Sub Registrar Office for C.S. Nagar 3rd Street located?

The Sub Registrar Office for C.S. Nagar 3rd Street is located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.

How is the stamp duty calculated for property in C.S. Nagar 3rd Street?

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 guideline value, the total stamp duty would be Rs 77,000.