Guideline Value for ALAGHAR STREET

Alaghar Street guideline value

The current guideline value of Alaghar Street in Dhali village, under the Udumalpettai SRO, is Rs 200 per sq.ft, effective from 1 July 2024. This street is classified as Commercial Class I Type - I.

How the guideline value of Alaghar Street has changed

Over the years, the guideline value of Alaghar Street has seen several revisions. The earliest recorded figure is from 2007, where the value was Rs 35 per sq.ft. This increased to Rs 80 per sq.ft in 2012, marking a 129% rise. The value further increased to Rs 100 per sq.ft in 2017, a 25% increase from the previous revision. The most significant change occurred between 2017 and 2023, where the value doubled to Rs 200 per sq.ft. The register has no figures for the years 2002 and 2003.

As of the 2024 revision, the guideline value remains at Rs 200 per sq.ft, showing no change from the 2023 revision. Overall, from 2007 to 2024, the guideline value has increased by 471%.

Guideline values in Dhali

In Dhali village, there are 36 streets under the Udumalpettai SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 200 per sq.ft, with a median of Rs 200 per sq.ft. Alaghar Street's 2024 figure is equal to this median.

• Ambhedkar Street: Rs 200 per sq.ft (2024)
• Aanamalai Street: Rs 200 per sq.ft (2024)
• Anaimalai Road: Rs 200 per sq.ft (2024)
• Anna Street: Rs 200 per sq.ft (2024)
• Aranmanai Street: Rs 200 per sq.ft (2024)
• Arumugam Salai: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Alaghar Street

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value would be Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total to Rs 18,000. 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 details.

Which Sub Registrar Office covers Alaghar Street?

The Sub Registrar Office that covers Alaghar Street is the Udumalpettai Sub Registrar Office, located at 21, Katcheri Street, Taluk Office Campus, Udumalpet-642126, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Dhali. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of a property.

When you buy or sell a property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in property dealings. It is essential for buyers and sellers 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 Alaghar Street?

The current guideline value of Alaghar Street is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 35 per sq.ft in 2007 to Rs 200 per sq.ft in 2024, representing an overall increase of 471%.

What are the other streets with the same guideline value in Dhali?

Other streets in Dhali, such as Ambhedkar Street, Aanamalai Street, and Anaimalai Road, also have a guideline value of Rs 200 per sq.ft in 2024.

What is the stamp duty rate for property in Alaghar Street?

The stamp duty rate for property in Alaghar Street is 7% of the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office for Alaghar Street located?

The Sub Registrar Office for Alaghar Street is located at 21, Katcheri Street, Taluk Office Campus, Udumalpet-642126, Coimbatore registration zone.