Guideline Value for Coonoor Mettupalayam Road South (Katteri South) (B/59/16 To 23)

Coonoor Mettupalayam Road South (Katteri South) (B/59/16 to 23) guideline value

The current guideline value for Coonoor Mettupalayam Road South (Katteri South) (B/59/16 to 23) is Rs 600 per sq.ft. This property is located in the village of Coonoor, under the Coonoor_Uthagamandalam SRO, and is classified as Residential Class II Type - I.

How the guideline value of Coonoor Mettupalayam Road South (Katteri South) (B/59/16 to 23) has changed

The guideline value for Coonoor Mettupalayam Road South (Katteri South) has undergone several revisions over the years. In 2012, the value was set at Rs 600 per sq.ft. This remained unchanged until the 2017 revision, which saw a decrease to Rs 402 per sq.ft. However, from 2017 to 2023, the value increased significantly by 49%, bringing it back to Rs 600 per sq.ft in 2023. The 2024 revision maintained this value at Rs 600 per sq.ft, showing no change from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has remained constant at Rs 600 per sq.ft.

Guideline values in Coonoor Ward - B Block - 1

In Coonoor Ward - B Block - 1, there are 76 streets that carry a 2024 guideline value ranging from Rs 300 to Rs 1,500 per sq.ft, with a median value of Rs 1,000 per sq.ft. The guideline value for Coonoor Mettupalayam Road South (Katteri South) is below this median.

• Coonoor Mettupalayam Road East(Katteri Keelkundha): Rs 600 per sq.ft (2024)
• Coonoor Club Road (B/3/ 1 to 31): Rs 1,000 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 South (Katteri South) (B/59/16 to 23)

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value would be Rs 6,00,000. The stamp duty at 7% would amount to Rs 42,000, and the registration fee at 2% would be Rs 12,000, bringing the total to Rs 54,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Coonoor Mettupalayam Road South (Katteri South) (B/59/16 to 23)?

The Sub Registrar Office that covers Coonoor Mettupalayam Road South (Katteri South) 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 additional 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 when buying or selling property in Coonoor Ward - B Block - 1. It is used to determine the stamp duty and registration fees that must be paid during the transaction. Buyers should be aware that these fees are calculated based on the higher of the guideline value or the sale price.

When registering a property, it is essential to refer to the latest guideline value to ensure compliance with local regulations. This value is set by the Registration Department and is subject to periodic revisions, reflecting changes in the property market.

Frequently asked questions

What is the current guideline value for Coonoor Mettupalayam Road South (Katteri South)?

The current guideline value for Coonoor Mettupalayam Road South (Katteri South) (B/59/16 to 23) is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various changes, with the most recent being Rs 600 per sq.ft in both 2023 and 2024. It decreased to Rs 402 per sq.ft in 2017 from Rs 600 per sq.ft in 2012, but increased by 49% from 2017 to 2023.

What are the stamp duty and registration fees for this property?

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value is Rs 6,00,000. The stamp duty would be Rs 42,000, and the registration fee would be Rs 12,000, totaling Rs 54,000.

Which office handles property registrations for this area?

The Coonoor_Uthagamandalam Sub Registrar Office is responsible for property registrations in Coonoor Mettupalayam Road South (Katteri South). The office is located at 80, Opposite To Subjail, Balaclava Road, Coonoor - 643 102.

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

Coonoor Mettupalayam Road South (Katteri South) is classified as Residential Class II Type - I, indicating its suitability for residential development.