Guideline Value for COSMO GARDEN

Cosmo Garden guideline value

The current guideline value of Cosmo Garden is Rs 300 per sq.ft, as per the 2023 revision. This property is located in Sarkarsamakulam village and falls under the Periyanayakkan Palayam SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Cosmo Garden has changed

In the 2012 revision, the guideline value was set at Rs 300 per sq.ft. This figure remained unchanged until the 2017 revision, where it decreased to Rs 201 per sq.ft, marking a decline of 33%. However, in the 2023 revision, the guideline value increased to Rs 300 per sq.ft again, resulting in a significant increase of 49% from the 2017 figure.

Overall, from 2012 to 2023, the guideline value has not changed, remaining at Rs 300 per sq.ft. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Sarkarsamakulam

Currently, there are no specific village figures provided for Sarkarsamakulam. Cosmo Garden is one of the streets under the Periyanayakkan Palayam SRO.

Stamp duty and registration fee for property in Cosmo Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, bringing the total cost for these fees to Rs 27,000. 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 Cosmo Garden?

The Sub Registrar Office that covers Cosmo Garden is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, 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 Sarkarsamakulam

The guideline value is a crucial factor in the registration process when buying or selling property in Sarkarsamakulam. It serves as a benchmark for calculating the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the higher value between the guideline value and the sale price is considered for the calculation of these fees. This ensures that the appropriate charges are applied based on the property's assessed value.

Frequently asked questions

What is the current guideline value of Cosmo Garden?

The current guideline value of Cosmo Garden is Rs 300 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value changed from Rs 300 per sq.ft in 2012 to Rs 201 per sq.ft in 2017, a decrease of 33%. It then increased back to Rs 300 per sq.ft in 2023, reflecting a 49% increase from the 2017 figure.

What are the stamp duty and registration fees for Cosmo Garden?

For a 1,000 sq.ft plot, the total guideline value is Rs 3,00,000. The stamp duty at 7% is Rs 21,000, and the registration fee at 2% is Rs 6,000, totaling Rs 27,000 for these fees.

Which Sub Registrar Office covers Cosmo Garden?

The Periyanayakkan Palayam Sub Registrar Office covers Cosmo Garden, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

Are there any guideline values for other streets in Sarkarsamakulam?

Currently, there are no specific guideline values provided for other streets in Sarkarsamakulam under the Periyanayakkan Palayam SRO.