Guideline Value for Chandra Colony (C/10/ All Survey Nos.)

Chandra Colony (C/10/ All Survey Nos.) guideline value

The current guideline value for Chandra Colony (C/10/ All Survey Nos.) is Rs 800 per sq.ft. This property is located in Coonoor Ward - C Block - 1, under the Coonoor_Uthagamandalam SRO, and is classified as Residential Class I Type - I.

How the guideline value of Chandra Colony (C/10/ All Survey Nos.) has changed

The guideline value for Chandra Colony has seen several revisions over the years. The earliest recorded figure is from 2012, where it was set at Rs 800 per sq.ft. In 2017, the value decreased to Rs 536 per sq.ft, representing a decline of 33%. However, by the 2023 revision, it had increased significantly to Rs 800 per sq.ft, marking a 49% rise from the 2017 figure. As of the 2024 revision, the guideline value remains unchanged at Rs 800 per sq.ft, reflecting a 0% change from the previous year.

It is important to note that there are no recorded figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has not changed, remaining at Rs 800 per sq.ft.

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. The median value for these streets is Rs 800 per sq.ft, placing Chandra Colony's 2024 figure at the median level. Below are other streets in Coonoor Ward - C Block - 1:

• Cash Bazaar/Coonoor to Ooty Road /Kamarajar Statue to Balavasavi Petrol Bunk: Rs 1,100 per sq.ft (2024)
• Cash Bazaar/Coonoor to Ooty Road /Bustand to Kamarajar Statue: Rs 1,100 per sq.ft (2024)
• Carolina Tea Estate Road South (C/12/1 to 26): Rs 800 per sq.ft (2024)
• Carolina Tea Estate Road (C/12/1 to 20): 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 Chandra Colony (C/10/ All Survey Nos.)

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value is Rs 8,00,000. The stamp duty at 7% would be Rs 56,000, and the registration fee at 2% would be Rs 16,000, bringing the total fees 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 our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Chandra Colony (C/10/ All Survey Nos.)?

The Sub Registrar Office that covers Chandra Colony (C/10/ All Survey Nos.) is 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 crucial factor in property transactions in Coonoor Ward - C Block - 1, as it determines the minimum value for registration purposes. When a property is bought or sold, the guideline value is used to calculate the stamp duty and registration fees that are payable at the time of registration.

It is essential for buyers and sellers to be aware of the guideline value, as it can influence the overall costs associated with the transaction. Understanding the current guideline value helps in making informed decisions during property dealings.

Frequently asked questions

What is the current guideline value of Chandra Colony (C/10/ All Survey Nos.)?

The current guideline value of Chandra Colony (C/10/ All Survey Nos.) 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. It decreased to Rs 536 per sq.ft in 2017, which was a 33% decline from 2012.

What are the stamp duty and registration fees for a property in Chandra Colony?

For a 1,000 sq.ft property at the guideline value of Rs 800 per sq.ft, the total guideline value is Rs 8,00,000. The stamp duty is Rs 56,000, and the registration fee is Rs 16,000, totaling Rs 72,000.

Which Sub Registrar Office covers Chandra Colony?

The Coonoor_Uthagamandalam Sub Registrar Office, located at 80, Opposite To Subjail, Balaclava Road, Coonoor - 643 102, covers Chandra Colony.

What is the land classification of Chandra Colony?

Chandra Colony (C/10/ All Survey Nos.) is classified as Residential Class I Type - I, indicating its suitability for residential development.