Guideline Value for CRI NAGAR

Cri Nagar guideline value

The current guideline value of Cri Nagar in Kalapatty_west village under the Gandhipuram SRO is Rs 1,050 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class II Type - I.

How the guideline value of Cri Nagar has changed

The guideline value for Cri Nagar has seen significant changes over the years. The 2017 revision set the value at Rs 335 per sq.ft, which then increased to Rs 1,000 per sq.ft in the 2023 revision. The latest revision in 2024 has further raised the value to Rs 1,050 per sq.ft, marking a 5% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 213%. Notably, there are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Kalapatty_west

In Kalapatty_west, there are 357 streets under the Gandhipuram SRO with a 2024 guideline value ranging from Rs 1,010 to Rs 3,920 per sq.ft. The median value for these streets is Rs 1,060 per sq.ft, placing Cri Nagar's current value below the median.

• C.R.I.Nagar (Valiyampalayam): Rs 1,050 per sq.ft (2024)
• Cotton City: Rs 1,055 per sq.ft (2024)
• Decon Estate (Goldwins): Rs 1,065 per sq.ft (2024)
• Decon Nagar (Goldwins): Rs 1,065 per sq.ft (2024)
• College Nagar: Rs 1,050 per sq.ft (2024)
• C.N.Vasantham Nagar (Kalappatti): Rs 1,050 per sq.ft (2024)

Stamp duty and registration fee for property in Cri Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,050 per sq.ft, the total guideline value amounts to Rs 10,50,000. The stamp duty at 7% would be Rs 73,500, and the registration fee at 2% would be Rs 21,000, bringing the total fees to Rs 94,500. Please note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Cri Nagar?

The Cri Nagar area falls under the Gandhipuram Sub Registrar Office, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Kalapatty_west. It serves as a benchmark for determining the applicable stamp duty and registration fees, which are calculated based on the guideline value or the sale price, whichever is higher.

Understanding the guideline value helps buyers and sellers make informed decisions during property transactions, ensuring compliance with legal requirements and accurate financial planning.

Frequently asked questions

What is the current guideline value of Cri Nagar?

The current guideline value of Cri Nagar is Rs 1,050 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased by 213%, from Rs 335 per sq.ft to Rs 1,050 per sq.ft in 2024.

What are the other streets with guideline values in Kalapatty_west?

Other streets in Kalapatty_west include C.R.I.Nagar (Valiyampalayam), Cotton City, Decon Estate (Goldwins), Decon Nagar (Goldwins), College Nagar, and C.N.Vasantham Nagar (Kalappatti), with values ranging from Rs 1,050 to Rs 1,065 per sq.ft in 2024.

What is the stamp duty and registration fee for property in Cri Nagar?

For a 1,000 sq.ft plot at the guideline value of Rs 1,050 per sq.ft, the total stamp duty is Rs 73,500, and the registration fee is Rs 21,000, totaling Rs 94,500.

Where is the Sub Registrar Office for Cri Nagar located?

The Gandhipuram Sub Registrar Office covers Cri Nagar and is located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.