Guideline Value for Coonoor Mettupalayam Road East(Katteri Keelkundha)

Coonoor Mettupalayam Road East(Katteri Keelkundha) guideline value

The current guideline value of Coonoor Mettupalayam Road East(Katteri Keelkundha) is Rs 600 per sq.ft, effective from 1 July 2024. This street is located in Coonoor Ward - B Block - 1 under the Coonoor_Uthagamandalam SRO, classified as Residential Class II Type - I.

How the guideline value of Coonoor Mettupalayam Road East(Katteri Keelkundha) has changed

Over the years, the guideline value for Coonoor Mettupalayam Road East(Katteri Keelkundha) has seen several revisions. In 2012, the guideline value was Rs 600 per sq.ft, which then decreased to Rs 402 per sq.ft in 2017, reflecting a decrease of 33%. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value back to Rs 600 per sq.ft, which remained unchanged in the 2024 revision.

The register has no figures for the years 2002, 2003, and 2007. Therefore, the guideline value has remained at Rs 600 per sq.ft from 2012 to 2024, indicating stability in the recent revisions after the fluctuation seen in 2017.

Guideline values in Coonoor Ward - B Block - 1

In Coonoor Ward - B Block - 1, there are 76 streets under the Coonoor_Uthagamandalam SRO, with a 2024 guideline value range from Rs 300 to Rs 1,500 per sq.ft. The median value is Rs 1,000 per sq.ft, making the guideline value of Coonoor Mettupalayam Road East(Katteri Keelkundha) below this median.

• Coonoor Club Road (B/3/ 1 to 31): Rs 1,000 per sq.ft (2024)
• Coonoor Mettupalayam Road South (Katteri South) (B/59/16 to 23): Rs 600 per sq.ft (2024)
• College Road South (B/14/1 to 95): Rs 1,000 per sq.ft (2024)
• College Road 1 Part (B/14/1 to 95): Rs 1,000 per sq.ft (2024)
• Cross Bazaar Street East (1 Part) (B/27/45 to 127): 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 Coonoor Mettupalayam Road East(Katteri Keelkundha)

For a 1,000 sq.ft plot at the current rate of Rs 600 per sq.ft, the guideline value amounts to Rs 6,00,000. The stamp duty at 7% would be Rs 42,000, and the registration fee at 2% would be Rs 12,000, totaling Rs 54,000. 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 details.

Which Sub Registrar Office covers Coonoor Mettupalayam Road East(Katteri Keelkundha)?

The Coonoor_Uthagamandalam Sub Registrar Office covers Coonoor Mettupalayam Road East(Katteri Keelkundha). The office is located at 80, Opposite To Subjail, Balaclava Road, Coonoor - 643 102, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Coonoor Ward - B Block - 1. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

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

Frequently asked questions

What is the current guideline value of Coonoor Mettupalayam Road East(Katteri Keelkundha)?

The current guideline value of Coonoor Mettupalayam Road East(Katteri Keelkundha) is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 402 per sq.ft in 2017, then back to Rs 600 per sq.ft in 2023 and 2024. There are no figures for the years 2002, 2003, and 2007.

What is the land classification for Coonoor Mettupalayam Road East(Katteri Keelkundha)?

Coonoor Mettupalayam Road East(Katteri Keelkundha) is classified as Residential Class II Type - I.

What are the stamp duty rates for this property?

The stamp duty for property in Coonoor Mettupalayam Road East(Katteri Keelkundha) is 7% of the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office for this area located?

The Coonoor_Uthagamandalam Sub Registrar Office is located at 80, Opposite To Subjail, Balaclava Road, Coonoor - 643 102, Coimbatore registration zone.