Guideline Value for Crusher Road

Crusher Road guideline value

The current guideline value of Crusher Road in Kuniyamuthur village, under the Coimbatore South Joint 1 SRO, is Rs 1,003 per sq.ft as per the 2024 revision effective from 1 July 2024. This street falls under the Residential Class II Type - II land classification.

How the guideline value of Crusher Road has changed

According to the register, the guideline value for Crusher Road has seen several revisions over the years. The most recent figures are as follows: in 2023, the guideline value was Rs 1,000 per sq.ft, and it increased to Rs 1,003 per sq.ft in 2024, reflecting a change of +0%. The register has no figure for the years 2017, 2012, 2007, 2003, and 2002 for this street.

Prior to the 2023 revision, the register does not provide any figures for Crusher Road from the years mentioned. Therefore, the only available revisions for this street are from 2023 and 2024.

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 the median being Rs 1,003 per sq.ft. The guideline value for Crusher Road is equal to this median.

• Crosscut Street I,II,III: Rs 1,000 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 Crusher Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,003 per sq.ft, the total guideline value amounts to Rs 10,03,000. The stamp duty at 7% would be Rs 70,210, and the registration fee at 2% would be Rs 20,060, bringing the total cost for these fees to Rs 90,270. It is important to note that the 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 detailed calculations.

Which Sub Registrar Office covers Crusher Road?

The Crusher Road area falls under the jurisdiction of the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. You can find your SRO for more information.

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

The guideline value serves as a benchmark for property transactions in Kuniyamuthur. When buying or selling property, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that these costs are calculated fairly based on the established rates.

During the registration process, the guideline value helps in assessing the official value of the property, which is crucial for both buyers and sellers. It ensures that the transaction is recorded accurately in the government records.

Frequently asked questions

What is the current guideline value of Crusher Road?

The current guideline value of Crusher Road is Rs 1,003 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Crusher Road was Rs 1,000 per sq.ft in 2023 and increased to Rs 1,003 per sq.ft in 2024. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification for Crusher Road?

Crusher Road is classified under Residential Class II Type - II, which indicates its suitability for residential development.

How is the stamp duty calculated for properties on Crusher Road?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For a property valued at Rs 10,03,000, the stamp duty would be Rs 70,210.

Where can I find the Sub Registrar Office for Crusher Road?

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