Guideline Value for CASAGRAND COSMOS

Casagrand Cosmos guideline value

The current guideline value of Casagrand Cosmos is Rs 1,070 per sq.ft. This property is located in Vellakinar, under the Gandhipuram SRO, and is classified as Residential Special Type - II.

How the guideline value of Casagrand Cosmos has changed

Over the years, the guideline value for Casagrand Cosmos has seen several revisions. The register has no figure for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was set at Rs 1,000 per sq.ft, which was then revised to Rs 1,070 per sq.ft in 2024, reflecting an increase of 7%.

In the recent revisions, the 2024 figure of Rs 1,070 per sq.ft is the latest, showing a notable increase from the previous year's value of Rs 1,000 per sq.ft. This upward adjustment indicates a shift in the valuation of properties in the area.

Guideline values in Vellakinar.

In Vellakinar, there are 107 streets under the Gandhipuram SRO that carry a 2024 guideline value ranging from Rs 1,030 to Rs 2,886 per sq.ft. The median value for these streets is Rs 1,876 per sq.ft, placing Casagrand Cosmos's 2024 figure below this median.

• Casagrand Solitaire: Rs 1,070 per sq.ft (2024)
• Carnegie Residency: Rs 1,876 per sq.ft (2024)
• Classic Meadows: Rs 1,775 per sq.ft (2024)
• Doctors Township: Rs 1,270 per sq.ft (2024)
• Don Bosco Puram: Rs 1,030 per sq.ft (2024)
• D.P.F.Nagar: Rs 1,876 per sq.ft (2024)

Stamp duty and registration fee for property in Casagrand Cosmos

For a 1,000 sq.ft plot at the current rate of Rs 1,070 per sq.ft, the guideline value amounts to Rs 10,70,000. The stamp duty at 7% would be Rs 74,900, and the registration fee at 2% would be Rs 21,400, resulting in a total of Rs 96,300. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Casagrand Cosmos?

The Sub Registrar Office that covers Casagrand Cosmos is the Gandhipuram Sub Registrar Office, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. You can find your SRO for additional information.

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

When buying or selling property in Vellakinar, the guideline value plays a crucial role during the registration process. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

Buyers and sellers should be aware that the guideline value is essential for calculating the costs involved in property transactions, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value of Casagrand Cosmos?

The current guideline value of Casagrand Cosmos is Rs 1,070 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 2023 to Rs 1,070 per sq.ft in 2024, marking a 7% increase. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Casagrand Cosmos?

Casagrand Cosmos is classified as Residential Special Type - II. This classification affects the guideline value and the regulations applicable to the property.

Where can I find the Sub Registrar Office for Casagrand Cosmos?

The Sub Registrar Office for Casagrand Cosmos is the Gandhipuram Sub Registrar Office, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

How is stamp duty calculated for properties in Vellakinar?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For a property with a guideline value of Rs 10,70,000, the stamp duty would be Rs 74,900 at 7%.