Guideline Value for Carolina Tea Estate Road (C/12/1 to 20)

Carolina Tea Estate Road (C/12/1 to 20) guideline value

The current guideline value for Carolina Tea Estate Road (C/12/1 to 20) is Rs 800 per sq.ft. This road is located in the village of Coonoor, under the jurisdiction of the Coonoor_Uthagamandalam SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Carolina Tea Estate Road (C/12/1 to 20) has changed

The guideline value for Carolina Tea Estate Road has seen several revisions over the years. In 2012, the value was set at Rs 800 per sq.ft, which remained unchanged in the 2023 revision. However, from 2017, when the value was Rs 536 per sq.ft, there was a significant increase of 49% to reach Rs 800 per sq.ft in 2023. The guideline value has not changed from 2023 to 2024, remaining at Rs 800 per sq.ft.

It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, comparing the values from 2012 to 2024, there has been no net change, as the value has remained at Rs 800 per sq.ft since 2012.

Guideline values in Coonoor Ward - C Block - 1

In Coonoor Ward - C Block - 1, there are 29 streets that carry a 2024 guideline value, ranging from Rs 300 to Rs 1,100 per sq.ft, with a median value of Rs 800 per sq.ft. Carolina Tea Estate Road (C/12/1 to 20) aligns with this median value.

• Carolina Tea Estate Road South (C/12/1 to 26): Rs 800 per sq.ft (2024)
• Cash Bazaar/Coonoor to Ooty Road /Bustand to Kamarajar Statue: Rs 1,100 per sq.ft (2024)
• Cash Bazaar/Coonoor to Ooty Road /Kamarajar Statue to Balavasavi Petrol Bunk: Rs 1,100 per sq.ft (2024)
• Chandra Colony (C/10/ All Survey Nos.): Rs 800 per sq.ft (2024)
• Balaclava South (C/16/1 to 83): Rs 800 per sq.ft (2024)
• Manickapillai Line (C/6/1 to 65): Rs 701 per sq.ft (2024)

Stamp duty and registration fee for property in Carolina Tea Estate Road (C/12/1 to 20)

For a 1,000 sq.ft plot at the current rate of Rs 800 per sq.ft, the guideline value would be Rs 8,00,000. The stamp duty at 7% would amount to Rs 56,000, and the registration fee at 2% would be Rs 16,000, totaling Rs 72,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Carolina Tea Estate Road (C/12/1 to 20)?

The Carolina Tea Estate Road (C/12/1 to 20) falls under the Coonoor_Uthagamandalam Sub Registrar Office, located at 80, Opposite To Subjail, Balaclava Road, Coonoor - 643 102, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Coonoor Ward - C Block - 1

The guideline value is a critical factor when registering property transactions in Coonoor Ward - C Block - 1. It serves as the basis for calculating stamp duty and registration fees, ensuring that these charges align with the official value set by the government.

When a property is bought or sold, the guideline value helps establish the minimum price for registration. Buyers and sellers must consider this value to avoid penalties or discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Carolina Tea Estate Road (C/12/1 to 20)?

The current guideline value of Carolina Tea Estate Road (C/12/1 to 20) is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen changes from Rs 536 per sq.ft in 2017 to Rs 800 per sq.ft in 2023, with no change from 2023 to 2024. The value in 2012 was also Rs 800 per sq.ft.

What are the other streets in Coonoor Ward - C Block - 1?

Other streets in Coonoor Ward - C Block - 1 include Carolina Tea Estate Road South, Cash Bazaar/Coonoor to Ooty Road, Chandra Colony, Balaclava South, and Manickapillai Line, with varying guideline values.

What is the registration fee for property in Carolina Tea Estate Road?

The registration fee for property in Carolina Tea Estate Road is calculated based on the guideline value. For a property valued at Rs 8,00,000, the registration fee would be Rs 16,000.

Where can I find the Sub Registrar Office for Carolina Tea Estate Road?

The Sub Registrar Office covering Carolina Tea Estate Road is located at 80, Opposite To Subjail, Balaclava Road, Coonoor - 643 102, Coimbatore registration zone.