Guideline Value for Church Street

Church Street guideline value

The current guideline value of Church Street in Kuniyamuthur village is Rs 1,001 per sq.ft, effective from 1 July 2024. This street falls under the Coimbatore South Joint 1 SRO and is classified as Residential Class I Type - III.

How the guideline value of Church Street has changed

According to the register, there are no figures available for Church Street for the years 2002, 2003, 2007, 2012, and 2017. The guideline value for Church Street was Rs 1,000 per sq.ft during the 2023 revision. In the 2024 revision, the guideline value increased to Rs 1,001 per sq.ft, reflecting a change of +0% from the previous year.

This means that the guideline value has remained relatively stable between the 2023 and 2024 revisions, with only a nominal increase. The figures indicate that Church Street's current guideline value is positioned slightly below the median for other streets in Kuniyamuthur.

Guideline values in Kuniyamuthur

In Kuniyamuthur, there are 410 streets under the Coimbatore South Joint 1 SRO with 2024 guideline values ranging from Rs 1,000 to Rs 1,550 per sq.ft. The median guideline value for these streets is Rs 1,003 per sq.ft. Church Street's 2024 figure of Rs 1,001 per sq.ft is below this median.

• Cholan Nagar Layout: Rs 1,200 per sq.ft (2024)
• Classic Park: Rs 1,003 per sq.ft (2024)
• Coimbatore City Government Employees Co.operative Building Society Colony: Rs 1,001 per sq.ft (2024)
• Chinnasamy Pannadi Street: Rs 1,003 per sq.ft (2024)
• Cosmo Colony: Rs 1,001 per sq.ft (2024)
• Chinnappa Gounder Lane: Rs 1,003 per sq.ft (2024)

Stamp duty and registration fee for property in Church Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,001 per sq.ft, the total guideline value would be Rs 10,01,000. The stamp duty at 7% would amount to Rs 70,070, and the registration fee at 2% would be Rs 20,020, bringing the total cost to Rs 90,090. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Church Street?

Church Street is covered by the Coimbatore South Joint 1 Sub Registrar Office located at No.410a, Raja Street, Coimbatore-641001. For more information, you can find your SRO.

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

The guideline value is a crucial factor when registering a property in Kuniyamuthur. It determines the minimum value at which a property can be registered, ensuring that the transaction is in line with government valuations.

When buying or selling a property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory costs associated with the property transaction. Buyers should be aware of the guideline value to understand the financial implications of their purchase.

Frequently asked questions

What is the current guideline value for Church Street?

The current guideline value for Church Street is Rs 1,001 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Church Street was Rs 1,000 per sq.ft in 2023 and increased to Rs 1,001 per sq.ft in 2024. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Church Street?

Church Street is classified as Residential Class I Type - III. This classification affects the guideline value and the types of properties that can be developed in the area.

What are the stamp duty and registration fees for Church Street?

For a 1,000 sq.ft plot at the current guideline value, the total guideline value would be Rs 10,01,000. The stamp duty would be Rs 70,070, and the registration fee would be Rs 20,020, totaling Rs 90,090.

Where is the Sub Registrar Office for Church Street located?

The Sub Registrar Office covering Church Street is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001.