Guideline Value for CASA GRANDE-NEXT TOWN

Casa Grande-Next Town guideline value

The current guideline value of Casa Grande-Next Town, located in Villankuruchi village, is Rs 1,009 per sq.ft, effective from 1 July 2024. This property falls under the Residential Class IV Type - I land classification and is registered with the Ganapathy SRO.

How the guideline value of Casa Grande-Next Town has changed

The guideline value for Casa Grande-Next Town has seen several revisions over the years. Starting from the 2017 revision, the value was set at Rs 502 per sq.ft. This increased significantly to Rs 1,000 per sq.ft in the 2023 revision, marking a 99% increase. The most recent revision in 2024 has brought the value to Rs 1,009 per sq.ft, which is a 1% increase from the previous year.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 101%.

Guideline values in Villankuruchi

In Villankuruchi, there are 275 streets under the Ganapathy SRO with a 2024 guideline value ranging from Rs 1,001 to Rs 3,220 per sq.ft. The median guideline value for these streets is Rs 1,008 per sq.ft, positioning Casa Grande-Next Town's value above this median.

• Brindhavan Nagar: Rs 1,007 per sq.ft (2024)
• Brindhavana Nagar: Rs 1,008 per sq.ft (2024)
• Bramma Daffodils: Rs 1,680 per sq.ft (2024)
• Chenniappa Gounder Nagar: Rs 1,008 per sq.ft (2024)
• Bougain Villea: Rs 1,001 per sq.ft (2024)
• Cheranmaanagar/Sree Raghavendra Nagar Avenue: Rs 1,010 per sq.ft (2024)

Stamp duty and registration fee for property in Casa Grande-Next Town

For a 1,000 sq.ft plot at the current guideline value of Rs 1,009 per sq.ft, the total guideline value would be Rs 10,09,000. The stamp duty at 7% would amount to Rs 70,630, and the registration fee at 2% would be Rs 20,180, bringing the total fees to Rs 90,810. Please note that the 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 further calculations.

Which Sub Registrar Office covers Casa Grande-Next Town?

The Casa Grande-Next Town property falls under the Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore. 641006. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Villankuruchi. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the taxes paid reflect the property's value as determined by the government.

When buying or selling property, the guideline value helps in establishing a fair price for the transaction. It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Casa Grande-Next Town?

The current guideline value of Casa Grande-Next Town is Rs 1,009 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 502 per sq.ft to Rs 1,009 per sq.ft, representing an overall increase of 101%.

What are the other streets in Villankuruchi with their guideline values?

Other streets in Villankuruchi include Brindhavan Nagar at Rs 1,007 per sq.ft, Brindhavana Nagar at Rs 1,008 per sq.ft, and several others with varying values.

What are the stamp duty and registration fees for a property in Casa Grande-Next Town?

For a property valued at Rs 10,09,000, the stamp duty would be Rs 70,630, and the registration fee would be Rs 20,180, totaling Rs 90,810.

Which office handles the registration for Casa Grande-Next Town?

The Ganapathy Sub Registrar Office handles the registration for Casa Grande-Next Town, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore. 641006.