Guideline Value for Collector Office Road C/13/38

Collector Office Road C/13/38 guideline value

The current guideline value for Collector Office Road C/13/38 is Rs 4,251 per sq.ft, effective from 1 July 2024. This property is located in Ooty Town village and falls under the Uthagamandalam -Joint I SRO with a land classification of Commercial Class I Type - I.

How the guideline value of Collector Office Road C/13/38 has changed

Over the years, the guideline value for Collector Office Road C/13/38 has seen several revisions. The 2012 revision set the value at Rs 4,000 per sq.ft, which then decreased to Rs 2,848 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 4,251 per sq.ft in both the 2023 and 2024 revisions. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

From 2017 to 2023, there was a substantial increase of 49%, while the value decreased by 29% from 2012 to 2017. Overall, from 2012 to 2024, the guideline value has increased by 6%. The 2024 revision reflects no change from the 2023 figure, maintaining the value at Rs 4,251 per sq.ft.

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 among these streets is Rs 1,800 per sq.ft, indicating that Collector Office Road C/13/38 is above this median.

• 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)
• Convent Line: Rs 1,250 per sq.ft (2024)
• Club Road: Rs 1,800 per sq.ft (2024)
• Coonor Road J/5/61: Rs 4,251 per sq.ft (2024)
• Coonor Road (lovedale Harijana Colony) K/6/54: Rs 500 per sq.ft (2024)

Stamp duty and registration fee for property in Collector Office Road C/13/38

For a 1,000 sq.ft plot at the current guideline value of Rs 4,251 per sq.ft, the total guideline value amounts to Rs 42,51,000. The stamp duty, charged at 7%, would be Rs 2,97,570, while the registration fee at 2% would be Rs 85,020. Together, these fees would total Rs 3,82,590. Please note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Collector Office Road C/13/38?

The Collector Office Road C/13/38 is covered by the Uthagamandalam -Joint I Sub Registrar Office, located at Govt Arts College Road, Stone House Hill, Ooty Town, PIN-643001, Coimbatore registration zone.

To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role during the registration of property transactions in Ooty Town. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value is referenced to calculate the applicable stamp duty and registration fees. This ensures that all transactions are transparent and adhere to the regulatory framework set by the Registration Department.

Frequently asked questions

What is the current guideline value for Collector Office Road C/13/38?

The current guideline value for Collector Office Road C/13/38 is Rs 4,251 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Collector Office Road C/13/38 has changed from Rs 4,000 per sq.ft in 2012 to Rs 2,848 per sq.ft in 2017, and then increased to Rs 4,251 per sq.ft in both 2023 and 2024.

What is the land classification for Collector Office Road C/13/38?

The land classification for Collector Office Road C/13/38 is Commercial Class I Type - I, indicating its suitability for commercial activities.

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

The Sub Registrar Office covering Collector Office Road C/13/38 is the Uthagamandalam -Joint I Sub Registrar Office, located at Govt Arts College Road, Stone House Hill, Ooty Town, PIN-643001.

How is stamp duty calculated for properties in Ooty Town?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For Collector Office Road C/13/38, the stamp duty would be calculated on the guideline value of Rs 4,251 per sq.ft.