Guideline Value for Crosscut Street I,II,III

Crosscut Street I,II,III guideline value

The current guideline value for Crosscut Street I,II,III is Rs 1,000 per sq.ft. This street is located in Kuniyamuthur village, under the Coimbatore South Joint 1 SRO, and is classified as Residential Class I Type - II.

How the guideline value of Crosscut Street I,II,III has changed

According to the guideline value register, there are no recorded figures for Crosscut Street I,II,III in the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision also listed the guideline value at Rs 1,000 per sq.ft, which remained unchanged in the 2024 revision.

From 2023 to 2024, the guideline value saw no percentage change, remaining at Rs 1,000 per sq.ft. This consistency indicates that the guideline value has not fluctuated in recent revisions.

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. The guideline value for Crosscut Street I,II,III is below this median.

• Crusher Road: Rs 1,003 per sq.ft (2024)
• Cosmo Colony: Rs 1,001 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 Crosscut Street I,II,III

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

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Crosscut Street I,II,III?

The Sub Registrar Office that covers Crosscut Street I,II,III is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001, in the Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with legal requirements during the registration process.

When a property is sold, the stamp duty and registration fees are 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.

Frequently asked questions

What is the current guideline value for Crosscut Street I,II,III?

The current guideline value for Crosscut Street I,II,III is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Crosscut Street I,II,III has remained at Rs 1,000 per sq.ft in both the 2023 and 2024 revisions. There are no recorded figures for this street in the revisions from 2002 to 2017.

What is the median guideline value in Kuniyamuthur?

The median guideline value in Kuniyamuthur for 2024 is Rs 1,003 per sq.ft. Crosscut Street I,II,III's guideline value is below this median.

What are the registration fees for properties in Crosscut Street I,II,III?

The registration fees for properties in Crosscut Street I,II,III include a stamp duty of 7% and a registration fee of 2%. For a property valued at Rs 10,00,000, the total fees would amount to Rs 90,000.

Where can I find the Sub Registrar Office for Crosscut Street I,II,III?

The Sub Registrar Office covering Crosscut Street I,II,III is located at No.410a, Raja Street, Coimbatore-641001. You can find more information by visiting the appropriate link.