Guideline Value for CR Sundaram Layout

CR Sundaram Layout guideline value

The current guideline value of CR Sundaram Layout is Rs 2,750 per sq.ft, effective from 1 July 2024. This layout is located in Ward 10 village under the Peelamedu SRO and is classified as Residential Class I Type - II.

How the guideline value of CR Sundaram Layout has changed

The guideline value for CR Sundaram Layout has seen several revisions over the years. The earliest revision available is from 2007, where the value was Rs 900 per sq.ft. This increased significantly to Rs 2,500 per sq.ft in 2012, followed by a decrease to Rs 1,675 per sq.ft in 2017. The value then rose to Rs 2,500 per sq.ft in 2023, and the most recent revision in 2024 has set the value at Rs 2,750 per sq.ft. Notably, the register has no figures for the years 2002 and 2003 for this street.

From 2007 to 2012, the value increased by 178%. However, it decreased by 33% from 2012 to 2017. The value then saw a substantial increase of 49% from 2017 to 2023. The latest increase from 2023 to 2024 is 10%. Overall, from 2007 to 2024, the guideline value has increased by 206%.

Guideline values in Ward 10

In Ward 10, there are 224 streets under the Peelamedu SRO that have a 2024 guideline value ranging from Rs 1,000 to Rs 7,700 per sq.ft, with a median value of Rs 2,200 per sq.ft. The guideline value of CR Sundaram Layout is above this median.

• CSR Layout: Rs 2,750 per sq.ft (2024)
• Councilor Lane: Rs 1,320 per sq.ft (2024)
• Devaraj Muthaliyar Layout: Rs 2,750 per sq.ft (2024)
• C.M.C.Colony: Rs 2,200 per sq.ft (2024)
• Dhadapani Road (or) Street: Rs 3,025 per sq.ft (2024)
• Dhamu Nagar: Rs 3,300 per sq.ft (2024)

Stamp duty and registration fee for property in CR Sundaram Layout

For a 1,000 sq.ft plot at the current guideline value of Rs 2,750 per sq.ft, the total guideline value would be Rs 27,50,000. The stamp duty at 7% would amount to Rs 1,92,500, and the registration fee at 2% would be Rs 55,000, bringing the total to Rs 2,47,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers CR Sundaram Layout?

The CR Sundaram Layout falls under the Peelamedu Sub Registrar Office located at 6/1, Grd Road, Redfields, Coimbatore - 18, 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 Ward 10

The guideline value is a crucial factor in the registration of property transactions in Ward 10. It determines the minimum price at which properties can be registered and is used to calculate the applicable stamp duty and registration fees.

When buying or selling property, the guideline value ensures that the transaction is documented correctly and that the appropriate taxes are paid. Buyers should be aware that the guideline value may differ from the actual sale price, and stamp duty is charged on the higher of the two.

Frequently asked questions

What is the current guideline value of CR Sundaram Layout?

The current guideline value of CR Sundaram Layout is Rs 2,750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 900 per sq.ft in 2007 to Rs 2,750 per sq.ft in 2024, with various increases and decreases in between.

What is the stamp duty on property in CR Sundaram Layout?

The stamp duty for property in CR Sundaram Layout is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for CR Sundaram Layout?

The Peelamedu Sub Registrar Office covers CR Sundaram Layout, located at 6/1, Grd Road, Redfields, Coimbatore - 18.

What is the median guideline value in Ward 10?

The median guideline value in Ward 10 is Rs 2,200 per sq.ft, with CR Sundaram Layout's value being above this median.