Guideline Value for Atthar Majeeth Street

Atthar Majeeth Street guideline value

The current guideline value of Atthar Majeeth Street is Rs 510 per sq.ft, effective from 1 July 2024. This street is located in Dharapuram Ward 3 village, under the Dharapuram SRO, and is classified as Residential Class I Type - III.

How the guideline value of Atthar Majeeth Street has changed

In the 2002 revision, the guideline value was Rs 52 per sq.ft. This increased significantly to Rs 58 per sq.ft in 2003, marking a 12% rise. The value then saw a substantial increase to Rs 455 per sq.ft in 2012, reflecting a remarkable 684% change from the previous year. However, in the 2017 revision, the value decreased to Rs 305 per sq.ft, indicating a 33% drop. The guideline value rose again to Rs 456 per sq.ft in 2023, which was a 50% increase from 2017. The most recent revision in 2024 set the value at Rs 510 per sq.ft, a 12% increase from the previous year.

It is important to note that there is no figure available for Atthar Majeeth Street in the 2007 revision.

Guideline values in Dharapuram Ward 3

In Dharapuram Ward 3, there are 31 streets under the Dharapuram SRO that carry a 2024 guideline value ranging from Rs 510 to Rs 1,820 per sq.ft, with a median value of Rs 575 per sq.ft. Atthar Majeeth Street's 2024 figure is below this median.

• Attavanai Majeeth Street: Rs 510 per sq.ft (2024)
• Big Bazar Street: Rs 1,820 per sq.ft (2024)
• Big Bazar Street Backside: Rs 1,820 per sq.ft (2024)
• Chairman Street: Rs 800 per sq.ft (2024)
• Jammal Pudur Street: Rs 575 per sq.ft (2024)
• Javulikadai pinpaguthi: Rs 1,770 per sq.ft (2024)

Stamp duty and registration fee for property in Atthar Majeeth Street

For a 1,000 sq.ft plot at the current rate of Rs 510 per sq.ft, the guideline value would be Rs 5,10,000. The stamp duty at 7% would be Rs 35,700, and the registration fee at 2% would be Rs 10,200, bringing the total to Rs 45,900. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Atthar Majeeth Street?

The Sub Registrar Office that covers Atthar Majeeth Street is the Dharapuram Sub Registrar Office, located at Taluk Office Compound, Dharapuram 638 656, Coimbatore registration zone. You can find your SRO for further assistance.

How the guideline value is used when you buy or sell in Dharapuram Ward 3

The guideline value is a crucial factor during the registration of property transactions in Dharapuram Ward 3. It is used to determine the stamp duty and registration fees that buyers must pay when purchasing property.

When selling property, the guideline value helps establish the minimum price at which the property can be registered. This ensures that all transactions are recorded accurately and that the appropriate taxes are collected by the government.

Frequently asked questions

What is the current guideline value of Atthar Majeeth Street?

The current guideline value of Atthar Majeeth Street is Rs 510 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

From 2023 to 2024, the guideline value increased by 12%, from Rs 456 per sq.ft to Rs 510 per sq.ft.

What was the guideline value in previous years?

The guideline values for Atthar Majeeth Street in previous revisions were Rs 455 per sq.ft in 2012, Rs 305 per sq.ft in 2017, and Rs 456 per sq.ft in 2023.

How is the stamp duty calculated for property in Atthar Majeeth Street?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a plot valued at Rs 5,10,000, the stamp duty would be Rs 35,700.

Where can I find the Sub Registrar Office for Atthar Majeeth Street?

The Sub Registrar Office for Atthar Majeeth Street is the Dharapuram Sub Registrar Office, located at Taluk Office Compound, Dharapuram 638 656, Coimbatore registration zone.