Guideline Value for Cosmo Colony

Cosmo Colony guideline value

The current guideline value of Cosmo Colony, located in Kuniyamuthur village under the Coimbatore South Joint 1 SRO, is Rs 1,001 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Class I Type - III.

How the guideline value of Cosmo Colony has changed

The guideline value for Cosmo Colony has seen changes over the years. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 1,000 per sq.ft, which was updated to Rs 1,001 per sq.ft in the 2024 revision, reflecting a change of +0%.

Thus, the most recent figures show a slight increase from the previous year, with the 2024 guideline value being Rs 1,001 per sq.ft. The changes indicate a stable valuation for this street over the last year.

Guideline values in Kuniyamuthur

In Kuniyamuthur, there are 410 streets under the Coimbatore South Joint 1 SRO that have a 2024 guideline value ranging from Rs 1,000 to Rs 1,550 per sq.ft, with a median value of Rs 1,003 per sq.ft. Cosmo Colony's 2024 figure is below this median.

• Crosscut Street I,II,III: Rs 1,000 per sq.ft (2024)
• Crusher Road: Rs 1,003 per sq.ft (2024)
• Coimbatore City Government Employees Co.operative Building Society Colony: Rs 1,001 per sq.ft (2024)
• Classic Park: Rs 1,003 per sq.ft (2024)
• Church Street: Rs 1,001 per sq.ft (2024)
• Cholan Nagar Layout: Rs 1,200 per sq.ft (2024)

Stamp duty and registration fee for property in Cosmo Colony

For a 1,000 sq.ft plot at the current guideline value of Rs 1,001 per sq.ft, the total guideline value would be Rs 10,01,000. The stamp duty at 7% would be Rs 70,070, and the registration fee at 2% would be Rs 20,020, bringing the total cost for stamp duty and registration to Rs 90,090. Duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Cosmo Colony?

The Sub Registrar Office that covers Cosmo Colony is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Kuniyamuthur. It determines the amount of stamp duty and registration fees that need to be paid, ensuring that the transaction is legally recognized.

When a property is registered, the guideline value is used to assess the financial responsibilities of the buyer. It is essential to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Cosmo Colony?

The current guideline value of Cosmo Colony is Rs 1,001 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2023 to Rs 1,001 per sq.ft in 2024, with no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Cosmo Colony?

Cosmo Colony is classified as Residential Class I Type - III according to the land classification guidelines.

What are the stamp duty and registration fees for property in Cosmo Colony?

For a property valued at Rs 10,01,000, the stamp duty would be Rs 70,070 and the registration fee would be Rs 20,020, totaling Rs 90,090.

Where is the Sub Registrar Office for Cosmo Colony located?

The Coimbatore South Joint 1 Sub Registrar Office is located at No.410a, Raja Street, Coimbatore-641001.