Guideline Value for D.D.S NEST

D.D.S Nest guideline value

The current guideline value of D.D.S Nest is Rs 400 per sq.ft. This property is located in Sarkarsamakulam village under the Periyanayakkan Palayam SRO, classified as Residential Class I Type - I.

How the guideline value of D.D.S Nest has changed

The guideline value for D.D.S Nest has undergone several revisions. In the 2012 revision, the guideline value was set at Rs 400 per sq.ft. However, in the 2017 revision, it decreased to Rs 268 per sq.ft, marking a decline of 33%. The most recent revision in 2023 saw a significant increase to Rs 400 per sq.ft, reflecting a rise of 49% from the 2017 figure.

Overall, when comparing the 2012 revision to the 2023 revision, the guideline value has remained unchanged at Rs 400 per sq.ft. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2024 for this street.

Guideline values in Sarkarsamakulam

Currently, there are no specific village figures available for Sarkarsamakulam. D.D.S Nest is one of the properties under the jurisdiction of the Periyanayakkan Palayam SRO.

Stamp duty and registration fee for property in D.D.S Nest

For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value would be Rs 4,00,000. The stamp duty at 7% would amount to Rs 28,000, and the registration fee at 2% would be Rs 8,000, bringing the total cost for stamp duty and registration to Rs 36,000. It is essential to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers D.D.S Nest?

The Sub Registrar Office that covers D.D.S Nest is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, Coimbatore registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Sarkarsamakulam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid at the time of registration.

When a property is sold, the buyer must pay stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of D.D.S Nest?

The current guideline value of D.D.S Nest is Rs 400 per sq.ft, as per the 2023 revision.

How much has the guideline value changed from 2012 to 2023?

From 2012 to 2023, the guideline value has remained unchanged at Rs 400 per sq.ft, despite fluctuations in earlier revisions.

What was the guideline value in 2017?

In the 2017 revision, the guideline value for D.D.S Nest was Rs 268 per sq.ft, which was a decrease from the previous figure in 2012.

What are the stamp duty and registration fees for a property in D.D.S Nest?

The stamp duty for a property in D.D.S Nest is 7%, and the registration fee is 2%. For a 1,000 sq.ft plot, the total cost for these fees would be Rs 36,000.

Where is the Sub Registrar Office for D.D.S Nest located?

The Sub Registrar Office covering D.D.S Nest is located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.