Guideline Value for Church Hill Area (B/39/1 to 42)

Church Hill Area (B/39/1 to 42) guideline value

The current guideline value for Church Hill Area (B/39/1 to 42) is Rs 1,000 per sq.ft, effective from 1 July 2024. This area falls under the Coonoor_Uthagamandalam SRO and is classified as Residential Class I Type - I.

How the guideline value of Church Hill Area (B/39/1 to 42) has changed

In the 2012 revision, the guideline value was Rs 1,000 per sq.ft. This figure remained unchanged in the 2017 revision, where it decreased to Rs 670 per sq.ft. The 2023 revision saw the value return to Rs 1,000 per sq.ft, which was maintained in the 2024 revision, indicating no percentage change from 2023 to 2024. Overall, from 2012 to 2024, the guideline value has remained at Rs 1,000 per sq.ft.

Between the 2017 and 2023 revisions, there was a significant increase of 49%. However, the register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Coonoor Ward - B Block - 1

In Coonoor Ward - B Block - 1, there are 76 streets under the Coonoor_Uthagamandalam SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 1,500 per sq.ft. The median value is Rs 1,000 per sq.ft, which is equal to the 2024 guideline value for Church Hill Area (B/39/1 to 42).

• College Road 1 Part (B/14/1 to 95): Rs 1,000 per sq.ft (2024)
• College Road South (B/14/1 to 95): Rs 1,000 per sq.ft (2024)
• Coonoor Club Road (B/3/ 1 to 31): Rs 1,000 per sq.ft (2024)
• Coonoor Mettupalayam Road East(Katteri Keelkundha): Rs 600 per sq.ft (2024)
• Coonoor Mettupalayam Road South (Katteri South) (B/59/16 to 23): Rs 600 per sq.ft (2024)
• Cross Bazaar Street East (1 Part) (B/27/45 to 127): Rs 1,500 per sq.ft (2024)

Stamp duty and registration fee for property in Church Hill Area (B/39/1 to 42)

For a 1,000 sq.ft plot at the current rate of Rs 1,000 per sq.ft, the guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, totaling Rs 90,000. 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 Church Hill Area (B/39/1 to 42)?

The Church Hill Area (B/39/1 to 42) is covered by 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 - B Block - 1

When buying or selling property in Coonoor Ward - B Block - 1, the guideline value is crucial as it determines the minimum value at which the property can be registered. It serves as a reference for calculating stamp duty and registration fees, ensuring that the transaction is recorded at a fair value.

It is important to note that the guideline value may vary from one street to another within the same ward, reflecting the local real estate dynamics. Buyers and sellers should be aware of these values to avoid discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for Church Hill Area (B/39/1 to 42)?

The current guideline value for Church Hill Area (B/39/1 to 42) is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various changes, with Rs 1,000 per sq.ft in 2012, decreasing to Rs 670 per sq.ft in 2017, and then returning to Rs 1,000 per sq.ft in both 2023 and 2024.

What are the stamp duty and registration fees for property in this area?

For a 1,000 sq.ft plot at Rs 1,000 per sq.ft, the total guideline value is Rs 10,00,000. The stamp duty is Rs 70,000, and the registration fee is Rs 20,000, totaling Rs 90,000.

Which Sub Registrar Office covers this area?

The Coonoor_Uthagamandalam Sub Registrar Office covers Church Hill Area (B/39/1 to 42), located at 80, Opposite To Subjail, Balaclava Road, Coonoor - 643 102, Coimbatore registration zone.

What is the land classification for Church Hill Area (B/39/1 to 42)?

Church Hill Area (B/39/1 to 42) is classified as Residential Class I Type - I, indicating its suitability for residential development.