Guideline Value for Bye Bass Road

Bye Bass Road guideline value

The current guideline value of Bye Bass Road is Rs 1,820 per sq.ft, effective from 1 July 2024. This street is located in Dharapuram Ward 7 village, under the Dharapuram SRO, and is classified as Residential Special Type - I.

How the guideline value of Bye Bass Road has changed

The guideline value for Bye Bass Road has undergone several revisions over the years. The 2012 revision set the value at Rs 1,650 per sq.ft, which then decreased to Rs 1,105 per sq.ft in the 2017 revision. In the 2023 revision, the value increased to Rs 1,650 per sq.ft, and the most recent 2024 revision has raised it further to Rs 1,820 per sq.ft. The register has no figures for the years 2002, 2003, and 2007.

From the 2017 to 2023 revision, there was a significant increase of 49%. The change from 2023 to 2024 reflects a 10% rise. Overall, comparing the 2012 revision to the current 2024 value shows a modest increase of 10%.

Guideline values in Dharapuram Ward 7

Dharapuram Ward 7 has a total of 52 streets, with guideline values ranging from Rs 770 to Rs 1,820 per sq.ft as per the 2024 revision. The median guideline value in this area is Rs 1,330 per sq.ft, positioning Bye Bass Road above that median.

• Chenniyappa Nagar (Utumalai Road): Rs 1,820 per sq.ft (2024)
• Chettiyar Thottam: Rs 770 per sq.ft (2024)
• College Road (Housing Unit House Site): Rs 770 per sq.ft (2024)
• Dhanalakshmi Nagar (Thatchamputhur Road): Rs 770 per sq.ft (2024)
• Doctor Queaters: Rs 770 per sq.ft (2024)
• Ellies Nagar C.S.I.Compound east: Rs 770 per sq.ft (2024)

Stamp duty and registration fee for property in Bye Bass Road

For a 1,000 sq.ft plot at the current rate of Rs 1,820 per sq.ft, the guideline value amounts to Rs 18,20,000. The stamp duty at 7% would be Rs 1,27,400, and the registration fee at 2% would be Rs 36,400, bringing the total to Rs 1,63,800. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers Bye Bass Road?

The Bye Bass Road falls under the jurisdiction of the Dharapuram Sub Registrar Office, located at Taluk Office Compound, Dharapuram 638 656, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Dharapuram Ward 7

The guideline value is a critical factor in the registration process of property transactions in Dharapuram Ward 7. It serves as the basis for calculating the stamp duty and registration fees, ensuring that both the buyer and seller adhere to the legal requirements set by the state.

When buying or selling property, it is essential to refer to the current guideline value to determine the financial obligations involved. This ensures transparency and compliance with local regulations during the transaction process.

Frequently asked questions

What is the current guideline value of Bye Bass Road?

The current guideline value of Bye Bass Road is Rs 1,820 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,650 per sq.ft in 2012 to Rs 1,105 per sq.ft in 2017, then back to Rs 1,650 per sq.ft in 2023, and finally to Rs 1,820 per sq.ft in 2024.

What is the median guideline value in Dharapuram Ward 7?

The median guideline value in Dharapuram Ward 7 is Rs 1,330 per sq.ft, with Bye Bass Road's current value being above this median.

What are the stamp duty and registration fees for property in Bye Bass Road?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would amount to Rs 1,63,800, including a stamp duty of Rs 1,27,400 and a registration fee of Rs 36,400.

Which office handles registrations for Bye Bass Road?

The Dharapuram Sub Registrar Office handles registrations for Bye Bass Road, located at Taluk Office Compound, Dharapuram 638 656, Coimbatore registration zone.