Guideline Value for Coimbatore City Government Employees Co.operative Building Society Colony

Coimbatore City Government Employees Co.operative Building Society Colony guideline value

The current guideline value for Coimbatore City Government Employees Co.operative Building Society Colony is Rs 1,001 per sq.ft, effective from 1 July 2024. This colony is located in Kuniyamuthur village under the Coimbatore South Joint 1 SRO, classified as Residential Class I Type - III.

How the guideline value of Coimbatore City Government Employees Co.operative Building Society Colony has changed

The guideline value register for Coimbatore City Government Employees Co.operative Building Society Colony has undergone several revisions. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 1,000 per sq.ft, which was then revised to Rs 1,001 per sq.ft in 2024, reflecting a change of +0% from the previous year.

In summary, the 2024 revision marks an increase to Rs 1,001 per sq.ft from Rs 1,000 per sq.ft in 2023. This indicates that the guideline value for this street has remained stable between these two revisions.

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 in this area is Rs 1,003 per sq.ft, placing the Coimbatore City Government Employees Co.operative Building Society Colony's 2024 figure below that median.

• Classic Park: Rs 1,003 per sq.ft (2024)
• Church Street: Rs 1,001 per sq.ft (2024)
• Cosmo Colony: Rs 1,001 per sq.ft (2024)
• Cholan Nagar Layout: Rs 1,200 per sq.ft (2024)
• Crosscut Street I,II,III: Rs 1,000 per sq.ft (2024)
• Crusher Road: Rs 1,003 per sq.ft (2024)

Stamp duty and registration fee for property in Coimbatore City Government Employees Co.operative Building Society Colony

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, resulting in a total of Rs 90,090. It is important to note that 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 Coimbatore City Government Employees Co.operative Building Society Colony?

The Coimbatore South Joint 1 Sub Registrar Office covers the Coimbatore City Government Employees Co.operative Building Society Colony. The office is located at No.410a, Raja Street, Coimbatore-641001, in the Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor when buying or selling property in Kuniyamuthur. It serves as a benchmark for determining the minimum value of a property for registration purposes, ensuring that the property is not undervalued during transactions.

When registering a property, the guideline value is used to calculate the applicable stamp duty and registration fees. Buyers should be aware that these fees are based on the higher of the guideline value or the actual sale price of the property.

Frequently asked questions

What is the current guideline value for Coimbatore City Government Employees Co.operative Building Society Colony?

The current guideline value for Coimbatore City Government Employees Co.operative Building Society Colony is Rs 1,001 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen revisions over the years, with the most recent change being from Rs 1,000 per sq.ft in 2023 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 this colony?

The land classification for Coimbatore City Government Employees Co.operative Building Society Colony is Residential Class I Type - III.

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

The Sub Registrar Office that covers Coimbatore City Government Employees Co.operative Building Society Colony is located at No.410a, Raja Street, Coimbatore-641001. This is the Coimbatore South Joint 1 Sub Registrar Office.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 70,070 at a rate of 7%.