Guideline Value for Coramondal Green City

Coramondal Green City guideline value

The current guideline value of Coramondal Green City is Rs 1,040 per sq.ft, effective from 1 July 2024. This property is located in Kosappur village, under the Thiruvottiyur SRO, and is classified as Residential Special Type - IV.

How the guideline value of Coramondal Green City has changed

The guideline value for Coramondal Green City has remained consistent over the years. The register shows that in 2017, the guideline value was Rs 1,040 per sq.ft, which continued unchanged in the 2023 revision. The most recent revision in 2024 also maintains this figure at Rs 1,040 per sq.ft, reflecting no change from the previous years.

There are no figures available for the years 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has not changed, remaining at Rs 1,040 per sq.ft throughout this period.

Guideline values in Kosappur

Kosappur village has 25 streets under the Thiruvottiyur SRO with a 2024 guideline value ranging from Rs 1,000 to Rs 1,600 per sq.ft. The median value for these streets is Rs 1,002 per sq.ft, placing Coramondal Green City above this median.

• Donbosco Nagar: Rs 1,002 per sq.ft (2024)
• Dr.AMBETKAR NAGAR: Rs 1,000 per sq.ft (2024)
• Gnanaguru Nagar: Rs 1,002 per sq.ft (2024)
• Jain Nagar: Rs 1,002 per sq.ft (2024)
• Anjela Nagar: Rs 1,002 per sq.ft (2024)
• Angilo Nagar-2: Rs 1,002 per sq.ft (2024)

Stamp duty and registration fee for property in Coramondal Green City

For a 1,000 sq.ft plot at the current guideline value of Rs 1,040 per sq.ft, the total guideline value amounts to Rs 10,40,000. The stamp duty at 7% would be Rs 72,800, and the registration fee at 2% would be Rs 20,800, totaling Rs 93,600. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Coramondal Green City?

The Sub Registrar Office that covers Coramondal Green City is the Thiruvottiyur Sub Registrar Office, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering a property in Kosappur. It determines the minimum value at which a property can be registered and is used to calculate the stamp duty and registration fees applicable to the transaction.

When buying or selling property, it is essential to consider the guideline value as it affects the overall cost of the transaction. Buyers should ensure they are aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Coramondal Green City?

The current guideline value of Coramondal Green City is Rs 1,040 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained constant at Rs 1,040 per sq.ft from 2017 through 2024, with no changes noted in the revisions for the years 2002, 2003, 2007, and 2012.

What is the land classification for Coramondal Green City?

Coramondal Green City is classified as Residential Special Type - IV, indicating its designation for residential purposes.

What are the stamp duty and registration fees for a property in Coramondal Green City?

For a property valued at Rs 10,40,000, the stamp duty would be Rs 72,800 and the registration fee would be Rs 20,800, totaling Rs 93,600.

Which office handles property registrations for Coramondal Green City?

The Thiruvottiyur Sub Registrar Office handles property registrations for Coramondal Green City, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019.