Guideline Value for CALICUT ROAD (GANDHI THIDAL - OLD D.F.O. OFFICE)( 111,319,320,323,1160, 1087,1088,1099)

Calicut Road (Gandhi Thidal - Old D.F.O. Office)( 111,319,320,323,1160, 1087,1088,1099) guideline value

The current guideline value of Calicut Road (Gandhi Thidal - Old D.F.O. Office)( 111,319,320,323,1160, 1087,1088,1099) is Rs 802 per sq.ft, effective from 1 July 2024. This street is located in Gudalur-2 village and falls under the Goodaloor SRO, classified as Commercial Class I Type - II.

How the guideline value of Calicut Road (Gandhi Thidal - Old D.F.O. Office)( 111,319,320,323,1160, 1087,1088,1099) has changed

The guideline value for this street has seen several revisions over the years. The 2017 revision set the value at Rs 737 per sq.ft, which increased to Rs 800 per sq.ft in 2023. The most recent 2024 revision has raised it slightly to Rs 802 per sq.ft, marking a 9% increase from the 2017 figure.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. The change from 2017 to 2023 was a 9% increase, and overall, from 2017 to 2024, the increase has also been 9%.

Guideline values in Gudalur-2

In Gudalur-2, there are 52 streets under the Goodaloor SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 1,101 per sq.ft. The median guideline value for these streets is Rs 300 per sq.ft, making the current value of Calicut Road (Gandhi Thidal - Old D.F.O. Office)( 111,319,320,323,1160, 1087,1088,1099) above that median.

• Chevidipet - Kulampuzha(359,362,489,482,483,484,485,491): Rs 300 per sq.ft (2024)
• Ealu Malayaan Abdul Kalam Road(1010,1012,1018,1019, 1020,1021): Rs 300 per sq.ft (2024)
• Asha Bhavan Road, Gudalur(1263,1264,1268): Rs 300 per sq.ft (2024)
• HEALTH CAMP D.S.P. QUARTERES ROAD - GEROSA NILAYAM(1194,1195,1196,1198 1199,1202,1204,1211, 1018) (Except 1211/13): Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Calicut Road (Gandhi Thidal - Old D.F.O. Office)( 111,319,320,323,1160, 1087,1088,1099)

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 8,02,000. The stamp duty at 7% would be Rs 56,140, and the registration fee at 2% would be Rs 16,040, totaling Rs 72,180. 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 Calicut Road (Gandhi Thidal - Old D.F.O. Office)( 111,319,320,323,1160, 1087,1088,1099)?

The Sub Registrar Office that covers Calicut Road (Gandhi Thidal - Old D.F.O. Office)( 111,319,320,323,1160, 1087,1088,1099) is the Goodaloor Sub Registrar Office, located at 10/512a.old Court Road, Gudalur, Nilgiris-643212, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Gudalur-2

The guideline value is a critical factor when registering property in Gudalur-2. It determines the minimum value at which the property can be registered, ensuring that the stamp duty and registration fees are calculated accordingly.

When buying or selling property, the guideline value serves as a benchmark for the transaction. Buyers should be aware that the stamp duty is charged on the higher of the guideline value or the sale price, which can affect the overall cost of the transaction.

Frequently asked questions

What is the current guideline value for Calicut Road?

The current guideline value for Calicut Road (Gandhi Thidal - Old D.F.O. Office)( 111,319,320,323,1160, 1087,1088,1099) is Rs 802 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 737 per sq.ft in 2017 to Rs 800 per sq.ft in 2023, and then to Rs 802 per sq.ft in 2024, marking a 9% increase overall from 2017 to 2024.

What is the land classification for this area?

The land classification for Calicut Road (Gandhi Thidal - Old D.F.O. Office)( 111,319,320,323,1160, 1087,1088,1099) is Commercial Class I Type - II.

Where can I find the registration office for this property?

The registration office for Calicut Road is the Goodaloor Sub Registrar Office, located at 10/512a.old Court Road, Gudalur, Nilgiris-643212, Coimbatore registration zone.

How is stamp duty calculated for property transactions?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at the current guideline value, the total cost would include the guideline value, stamp duty, and registration fees.