Guideline Value for Carolina Tea Estate Road South (C/12/1 To 26)

Carolina Tea Estate Road South (C/12/1 to 26) guideline value

The current guideline value for Carolina Tea Estate Road South (C/12/1 to 26) is Rs 800 per sq.ft, effective from 1 July 2024. This street is located in the Coonoor Ward - C Block - 1 village and falls under the Coonoor_Uthagamandalam SRO. The land classification is Residential Class I Type - I.

How the guideline value of Carolina Tea Estate Road South (C/12/1 to 26) has changed

The guideline value for Carolina Tea Estate Road South (C/12/1 to 26) has seen several revisions over the years. The 2012 revision set the value at Rs 800 per sq.ft, which remained unchanged in the 2023 revision. However, from 2017 to 2023, there was a significant increase of 49%, with the 2017 revision being Rs 536 per sq.ft. The 2024 revision also maintains the value at Rs 800 per sq.ft, reflecting no change from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has remained at Rs 800 per sq.ft, indicating stability in this period.

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 South (C/12/1 to 26) aligns with this median value.

• Carolina Tea Estate Road (C/12/1 to 20): 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 South (C/12/1 to 26)

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total 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, bringing the total to Rs 72,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more precise calculations based on your specific property details.

Which Sub Registrar Office covers Carolina Tea Estate Road South (C/12/1 to 26)?

The Carolina Tea Estate Road South (C/12/1 to 26) 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 further assistance.

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

The guideline value is a critical factor in the registration process when buying or selling property in Coonoor Ward - C Block - 1. It serves as a reference point for determining the stamp duty and registration fees, ensuring that these costs are calculated based on the official valuation set by the registration department.

When a property transaction occurs, the guideline value helps maintain transparency and consistency in property dealings. Buyers and sellers must be aware of the current guideline value to ensure compliance with registration requirements and to avoid any potential disputes during the transaction process.

Frequently asked questions

What is the current guideline value for Carolina Tea Estate Road South (C/12/1 to 26)?

The current guideline value for Carolina Tea Estate Road South (C/12/1 to 26) is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 800 per sq.ft in the revisions of 2012, 2023, and 2024. There was a significant increase of 49% from Rs 536 per sq.ft in 2017 to Rs 800 per sq.ft in 2023.

What is the land classification for Carolina Tea Estate Road South (C/12/1 to 26)?

The land classification for Carolina Tea Estate Road South (C/12/1 to 26) is Residential Class I Type - I, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office covering Carolina Tea Estate Road South (C/12/1 to 26) is located at 80, Opposite To Subjail, Balaclava Road, Coonoor - 643 102, Coimbatore registration zone.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, on a property valued at Rs 8,00,000, the stamp duty at 7% would be Rs 56,000.