Guideline Value for College Road South (B/14/1 to 95)

College Road South (B/14/1 to 95) guideline value

The current guideline value for College Road South (B/14/1 to 95) is Rs 1,000 per sq.ft. This property is located in the village of Coonoor Ward - B Block - 1 under the Coonoor_Uthagamandalam SRO. It falls under the Residential Class I Type - I land classification.

How the guideline value of College Road South (B/14/1 to 95) has changed

The guideline value for College Road South (B/14/1 to 95) has seen several revisions over the years. In the 2012 revision, the value was set at Rs 1,000 per sq.ft. This remained unchanged in the 2017 revision, where the value decreased to Rs 670 per sq.ft. The 2023 revision brought the value back to Rs 1,000 per sq.ft, and this has been consistent in the 2024 revision, which also lists the value at Rs 1,000 per sq.ft. Notably, there are no figures available for the revisions in 2002, 2003, and 2007.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, there was a significant increase of 49%. Overall, from 2012 to 2024, the guideline value has remained unchanged at Rs 1,000 per sq.ft.

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 guideline value of College Road South (B/14/1 to 95).

• College Road 1 Part (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): Rs 1,500 per sq.ft (2024)
• Cross Bazaar Street East (B/27/1 to 127): Rs 1,500 per sq.ft (2024)

Stamp duty and registration fee for property in College Road South (B/14/1 to 95)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value would be Rs 10,00,000. The stamp duty at 7% would amount to Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total to Rs 90,000. Duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers College Road South (B/14/1 to 95)?

The Sub Registrar Office that covers College Road South (B/14/1 to 95) is 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 more details.

How the guideline value is used when you buy or sell in Coonoor Ward - B Block - 1

The guideline value is an essential factor when registering property transactions in Coonoor Ward - B Block - 1. It serves as the basis for calculating stamp duty and registration fees, which are mandatory for legal property transactions.

When you buy or sell property, the guideline value is compared to the sale price. The higher of the two values is used to determine the applicable stamp duty and registration fees, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value for College Road South (B/14/1 to 95)?

The current guideline value for College Road South (B/14/1 to 95) 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 remained at Rs 1,000 per sq.ft in the 2024 and 2023 revisions. It was Rs 670 per sq.ft in 2017 and Rs 1,000 per sq.ft in 2012.

What are the stamp duty and registration fees for property in College Road South (B/14/1 to 95)?

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

Which Sub Registrar Office covers College Road South (B/14/1 to 95)?

The Coonoor_Uthagamandalam Sub Registrar Office covers College Road South (B/14/1 to 95) and is located at 80, Opposite To Subjail, Balaclava Road, Coonoor - 643 102.

What is the land classification for College Road South (B/14/1 to 95)?

College Road South (B/14/1 to 95) is classified as Residential Class I Type - I, indicating its suitability for residential development.