Guideline Value for Church Hill Road

Church Hill Road guideline value

The current guideline value of Church Hill Road in Ooty Town village, under the Uthagamandalam -Joint I SRO, is Rs 1,800 per sq.ft, effective from 1 July 2024. This street falls under the Residential Class I Type - I land classification.

How the guideline value of Church Hill Road has changed

The guideline value for Church Hill Road has seen several revisions over the years. The earliest recorded figure is from 2012, which was Rs 1,800 per sq.ft. In 2017, the value dropped to Rs 1,206 per sq.ft, marking a decrease of 33%. However, by the 2023 revision, the value increased significantly to Rs 1,800 per sq.ft, reflecting a 49% rise from the 2017 figure. The 2024 revision maintains this value at Rs 1,800 per sq.ft, showing no change from the previous year.

There are no recorded figures for the years 2002, 2003, and 2007 for Church Hill Road in the register.

Guideline values in Ooty Town

In Ooty Town, there are 209 streets under the Uthagamandalam -Joint I SRO that carry a 2024 guideline value ranging from Rs 500 to Rs 4,251 per sq.ft. The median value is Rs 1,800 per sq.ft, which is equal to the 2024 figure for Church Hill Road.

• Church Hill C/13/38: Rs 1,800 per sq.ft (2024)
• Church Hill Road (part) C/13/28: Rs 1,800 per sq.ft (2024)
• Club Road: Rs 1,800 per sq.ft (2024)
• Collector Office Road C/13/38: Rs 4,251 per sq.ft (2024)
• Commercial Road (part) E/16/68: Rs 4,251 per sq.ft (2024)
• Commissioner Road E/7/107: Rs 1,800 per sq.ft (2024)

Stamp duty and registration fee for property in Church Hill Road

For a 1,000 sq.ft plot at the current rate of Rs 1,800 per sq.ft, the guideline value totals Rs 18,00,000. The stamp duty at 7% would be Rs 1,26,000, and the registration fee at 2% would be Rs 36,000, amounting to a total of Rs 1,62,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Church Hill Road?

The Sub Registrar Office that covers Church Hill Road is the Uthagamandalam -Joint I Sub Registrar Office, located at Govt Arts College Road, Stone House Hill, Ooty Town, PIN-643001, Coimbatore registration zone.

You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ooty Town

The guideline value plays a crucial role in the registration process of property transactions in Ooty Town. It is used to determine the stamp duty and registration fees that must be paid when a property is bought or sold.

When registering a property, buyers need to pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Church Hill Road?

The current guideline value of Church Hill Road is Rs 1,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,800 per sq.ft in 2012 to Rs 1,206 per sq.ft in 2017, then back to Rs 1,800 per sq.ft in 2023 and 2024. There are no recorded figures for the years 2002, 2003, and 2007.

What is the land classification for Church Hill Road?

Church Hill Road falls under the Residential Class I Type - I land classification.

Where can I find the Sub Registrar Office for Church Hill Road?

The Sub Registrar Office for Church Hill Road is the Uthagamandalam -Joint I Sub Registrar Office, located at Govt Arts College Road, Stone House Hill, Ooty Town, PIN-643001, Coimbatore registration zone.

How is stamp duty calculated for properties on Church Hill Road?

Stamp duty for properties on Church Hill Road is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 1,800 per sq.ft has a guideline value of Rs 18,00,000, leading to a total stamp duty and registration fee of Rs 1,62,000.