Guideline Value for CASA GRANDE (385/2)

Casa Grande (385/2) guideline value

The current guideline value of Casa Grande (385/2) is Rs 1,670 per sq.ft. This property is located in Villankuruchicorpration village, under the Ganapathy SRO, and is classified as Residential Class I Type - I.

How the guideline value of Casa Grande (385/2) has changed

The guideline value for Casa Grande (385/2) has undergone several revisions over the years. The 2017 revision recorded a value of Rs 1,005 per sq.ft, which remained unchanged in the 2023 revision. However, with the 2024 revision, the guideline value increased to Rs 1,670 per sq.ft, marking a significant change of +66% from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by +66%. It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 for this street in the register.

Guideline values in Villankuruchicorpration

In Villankuruchicorpration, there are 168 streets under the Ganapathy SRO that carry a 2024 guideline value ranging from Rs 1,002 to Rs 5,600 per sq.ft. The median guideline value for these streets is Rs 1,003 per sq.ft, placing Casa Grande (385/2) above this median.

• Capeneem Lands Extn: Rs 1,120 per sq.ft (2024)
• Charkarai Chettiar Street: Rs 1,120 per sq.ft (2024)
• Cheran Annex: Rs 1,002 per sq.ft (2024)
• Chettiar Thaneer Pandhal,Vengadasamy Nagar: Rs 1,120 per sq.ft (2024)
• Chettiarthanneerpanthl: Rs 1,670 per sq.ft (2024)
• Dashkantveethi: Rs 1,002 per sq.ft (2024)

Stamp duty and registration fee for property in Casa Grande (385/2)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,670 per sq.ft, the total guideline value would be Rs 16,70,000. The stamp duty at 7% would amount to Rs 1,16,900, while the registration fee at 2% would be Rs 33,400. Together, the total cost for stamp duty and registration fee would be Rs 1,50,300. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Casa Grande (385/2)?

The Sub Registrar Office that covers Casa Grande (385/2) is the Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Villankuruchicorpration. It serves as a basis for calculating stamp duty and registration fees, which are mandatory expenses in property transactions.

When a property is sold, the guideline value is used to determine the applicable charges. Buyers and sellers must be aware of the guideline value to ensure compliance with local regulations during the registration process.

Frequently asked questions

What is the current guideline value of Casa Grande (385/2)?

The current guideline value of Casa Grande (385/2) is Rs 1,670 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,005 per sq.ft in 2017 to Rs 1,670 per sq.ft in 2024, marking an increase of +66%. The value remained unchanged from 2017 to 2023.

What is the land classification of Casa Grande (385/2)?

Casa Grande (385/2) is classified as Residential Class I Type - I, indicating its suitability for residential development.

What are the stamp duty rates applicable for Casa Grande (385/2)?

The stamp duty for properties in Casa Grande (385/2) is charged at 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Casa Grande (385/2)?

The Sub Registrar Office for Casa Grande (385/2) is located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006. You can find more information about your SRO online.