Guideline Value for CARSLY ROAD (266,259,260,261,262,258,257,256)

Carsly Road (266,259,260,261,262,258,257,256) guideline value

The current guideline value for Carsly Road (266,259,260,261,262,258,257,256) is Rs 653 per sq.ft, effective from 1 July 2024. This road is located in Kotagiri -1 village under the Kothagiri SRO, classified as Commercial Class I Type - II.

How the guideline value of Carsly Road (266,259,260,261,262,258,257,256) has changed

In the 2017 revision, the guideline value was Rs 268 per sq.ft. This figure increased significantly to Rs 650 per sq.ft in the 2023 revision, marking a change of +143%. The most recent revision in 2024 set the value at Rs 653 per sq.ft, which represents no change from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by +144%. It is important to note that the register has no figures for Carsly Road in the years 2002, 2003, 2007, and 2012.

Guideline values in Kotagiri -1

In Kotagiri -1, there are 79 streets under the Kothagiri SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 825 per sq.ft, with a median value of Rs 300 per sq.ft. The guideline value for Carsly Road is above this median.

• Carsly Estate: Rs 715 per sq.ft (2024)
• Bus Stand Panchayat Office: Rs 825 per sq.ft (2024)
• Chikkattu Bettu: Rs 300 per sq.ft (2024)
• Club Road: Rs 653 per sq.ft (2024)
• Coonoor Road: Rs 715 per sq.ft (2024)
• Dhimbatty: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Carsly Road (266,259,260,261,262,258,257,256)

For a 1,000 sq.ft plot at the current guideline value of Rs 653 per sq.ft, the total guideline value would be Rs 6,53,000. The stamp duty at 7% would amount to Rs 45,710, and the registration fee at 2% would be Rs 13,060, making the total fees Rs 58,770. Duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Carsly Road (266,259,260,261,262,258,257,256)?

The Sub Registrar Office that covers Carsly Road is the Kothagiri Sub Registrar Office, located at Mission Compound, Kothagiri -643 217, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Kotagiri -1

The guideline value is a crucial factor in property transactions in Kotagiri -1, as it determines the minimum value at which a property can be registered. Buyers must consider this value when negotiating the sale price of a property.

During the registration process, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Carsly Road?

The current guideline value for Carsly Road (266,259,260,261,262,258,257,256) is Rs 653 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since 2017, the guideline value has increased from Rs 268 per sq.ft to Rs 653 per sq.ft, which is an overall increase of +144% by 2024.

What are the stamp duty rates for properties in Carsly Road?

The stamp duty for properties in Carsly Road is charged at a rate of 7% on the guideline value or sale price, whichever is higher.

Which office handles property registrations for Carsly Road?

The Kothagiri Sub Registrar Office handles property registrations for Carsly Road, located at Mission Compound, Kothagiri -643 217, Coimbatore registration zone.

What is the median guideline value for streets in Kotagiri -1?

The median guideline value for streets in Kotagiri -1 is Rs 300 per sq.ft, with Carsly Road's value being above this median at Rs 653 per sq.ft.