Guideline Value for C.S. Nagar Main

C.S. Nagar Main guideline value

The current guideline value of C.S. Nagar Main 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 Main has changed

Over the years, the guideline value for C.S. Nagar Main has seen several revisions. The 2012 revision set the value at Rs 1,000 per sq.ft, which was then reduced to Rs 670 per sq.ft in the 2017 revision. Following this, the value increased to Rs 1,000 per sq.ft in 2023, and most recently, it has been revised to Rs 1,100 per sq.ft in 2024. The register has no figures for the years 2002, 2003, and 2007.

In terms of percentage changes, the guideline value increased by 49% from 2017 to 2023, followed by a 10% increase from 2023 to 2024. Overall, from 2012 to 2024, the guideline value has increased by 10%.

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, with a median value of Rs 1,100 per sq.ft. C.S. Nagar Main's 2024 guideline value aligns with this median.

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

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

Which Sub Registrar Office covers C.S. Nagar Main?

The Sub Registrar Office that covers C.S. Nagar Main 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 critical factor in property transactions in Vadavalli. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the registration process. Buyers and sellers must consider this value to ensure compliance with local regulations.

When a property is sold, the guideline value is used to calculate the applicable fees, which are based on the higher amount between the guideline value and the actual sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of C.S. Nagar Main?

The current guideline value of C.S. Nagar Main 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 of C.S. Nagar Main?

C.S. Nagar Main is classified as Residential Class I Type - I, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for C.S. Nagar Main?

The Sub Registrar Office for C.S. Nagar Main is the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.

How is the stamp duty calculated for properties in C.S. Nagar Main?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000, resulting in a stamp duty of Rs 77,000.