Guideline Value for BENTHATTY (726,727,728,729,730)

Benthatty (726,727,728,729,730) guideline value

The current guideline value for Benthatty (726,727,728,729,730) is Rs 300 per sq.ft, effective from 1 July 2024. This property is located in Kotagiri -1 village, under the Kothagiri SRO, and is classified as Residential Class I Type - I.

How the guideline value of Benthatty (726,727,728,729,730) has changed

The guideline value for Benthatty has seen several revisions over the years. The 2017 revision set the value at Rs 201 per sq.ft, which increased to Rs 300 per sq.ft in the 2023 revision. The most recent revision in 2024 maintained this value at Rs 300 per sq.ft, indicating no change from the previous year.

Overall, from the 2017 revision to the 2024 revision, there has been a significant increase of 49%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Kotagiri -1

In Kotagiri -1, there are 79 streets under the Kothagiri SRO with a 2024 guideline value ranging from Rs 200 to Rs 825 per sq.ft. The median value is Rs 300 per sq.ft, which is equal to the current value of Benthatty (726,727,728,729,730).

• Bazzar Mariamman Kovil (1032,1033,1034): Rs 715 per sq.ft (2024)
• Barthi Nagar (823,838): Rs 200 per sq.ft (2024)
• Avenu Road (1134,1135,1142,1144,1147): Rs 200 per sq.ft (2024)
• Araiyatty (465,466,464,473): Rs 300 per sq.ft (2024)
• Annodai, Kamaraj Nagar (154,155,156,157,158,159,160): Rs 200 per sq.ft (2024)
• Bus Stand Panchayat Office (1045,1046,1044,1043): Rs 825 per sq.ft (2024)

Stamp duty and registration fee for property in Benthatty (726,727,728,729,730)

For a 1,000 sq.ft plot at the current rate of Rs 300 per sq.ft, the guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, totaling Rs 27,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Benthatty (726,727,728,729,730)?

The Sub Registrar Office that covers Benthatty is the Kothagiri Sub Registrar Office, located at Mission Compound, Kothagiri -643 217, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Kotagiri -1

The guideline value is an essential factor during the registration of property transactions in Kotagiri -1. It serves as a benchmark for determining the stamp duty and registration fees payable to the government.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, reflecting the current market conditions as assessed by the authorities. This helps maintain transparency in property dealings.

Frequently asked questions

What is the current guideline value for Benthatty?

The current guideline value for Benthatty (726,727,728,729,730) is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 201 per sq.ft in 2017 to Rs 300 per sq.ft in 2023 and 2024, reflecting a total increase of 49% over this period.

What is the land classification for Benthatty?

Benthatty (726,727,728,729,730) is classified as Residential Class I Type - I, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for Benthatty?

The Kothagiri Sub Registrar Office covers Benthatty and is located at Mission Compound, Kothagiri -643 217, Coimbatore registration zone.

How is the stamp duty calculated for properties in Benthatty?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For a property valued at Rs 3,00,000, the stamp duty would be Rs 21,000.