Guideline Value for CSR Layout

CSR Layout guideline value

The current guideline value of CSR Layout, located in Ward 10 village under the Peelamedu SRO, is Rs 2,750 per sq.ft, effective from 1 July 2024. This area falls under the Residential Class I Type - II land classification.

How the guideline value of CSR Layout has changed

The guideline value for CSR Layout has seen several revisions over the years. In 2007, the value was Rs 800 per sq.ft, which increased significantly to Rs 2,500 per sq.ft in 2012, marking a 213% rise. However, this value decreased to Rs 1,675 per sq.ft in 2017, a drop of 33%. The subsequent revision in 2023 set the value at Rs 2,500 per sq.ft, followed by the latest revision in 2024 which raised it to Rs 2,750 per sq.ft, reflecting a 10% increase.

Overall, from 2007 to 2024, the guideline value has increased by 244%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Ward 10

In Ward 10, there are 224 streets under the Peelamedu SRO with a 2024 guideline value ranging from Rs 1,000 to Rs 7,700 per sq.ft. The median value is Rs 2,200 per sq.ft, placing CSR Layout's 2024 figure above this median.

• CR Sundaram 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)
• Dhadapani Road (or) Street: Rs 3,025 per sq.ft (2024)
• Dhamu Nagar: Rs 3,300 per sq.ft (2024)
• C.M.C.Colony: Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in CSR 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, resulting in a total of 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.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers CSR Layout?

The CSR Layout is covered by 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 critical factor during property transactions in Ward 10. It is used to determine the stamp duty and registration fees payable when buying or selling property. The values are set by the Registration Department and are subject to periodic revisions.

When registering a property, the guideline value serves as a benchmark for calculating the applicable duties and fees. Buyers and sellers should be aware of these values to ensure compliance with legal requirements during the transaction process.

Frequently asked questions

What is the current guideline value for CSR Layout?

The current guideline value for CSR Layout is Rs 2,750 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed significantly from Rs 800 per sq.ft in 2007 to Rs 2,750 per sq.ft in 2024, representing an overall increase of 244% over the years.

What is the land classification for CSR Layout?

The land classification for CSR Layout is Residential Class I Type - II, which indicates its designation for residential use.

Where can I find the Sub Registrar Office for CSR Layout?

The Sub Registrar Office covering CSR Layout is located at 6/1, Grd Road, Redfields, Coimbatore - 18. You can find more details about it online.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 2,750 per sq.ft incurs a total guideline value of Rs 27,50,000, leading to specific fees based on that amount.