Guideline Value for DAISY AVENUE

Daisy Avenue guideline value

The current guideline value of Daisy Avenue in Villankuruchi village, under the Ganapathy SRO, is Rs 1,001 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class III Type - III.

How the guideline value of Daisy Avenue has changed

The guideline value for Daisy Avenue has undergone several revisions over the years. The 2017 revision set the value at Rs 670 per sq.ft, which increased to Rs 1,000 per sq.ft in the 2023 revision. The most recent revision in 2024 has further adjusted the value to Rs 1,001 per sq.ft, reflecting an overall increase of 49% from 2017 to 2024.

It is important to note that the register has no figures for Daisy Avenue for the years 2002, 2003, 2007, and 2012. Between the 2023 and 2024 revisions, there was no change in the guideline value.

Guideline values in Villankuruchi

In Villankuruchi, there are 275 streets under the Ganapathy SRO that carry a 2024 guideline value ranging from Rs 1,001 to Rs 3,220 per sq.ft, with a median value of Rs 1,008 per sq.ft. Daisy Avenue's 2024 figure is below this median.

• Daskant/Saravanampatti Road/Pattukottai Kalyanasundaram Street/Perumal Kovil Street: Rs 1,006 per sq.ft (2024)
• Deepika Nagar: Rs 1,006 per sq.ft (2024)
• Dhachan Thottam: Rs 1,006 per sq.ft (2024)
• Diamond City: Rs 1,680 per sq.ft (2024)
• Doctros And Engineers Colony: Rs 1,008 per sq.ft (2024)
• Cheranmaanagar/Sree Raghavendra Nagar Avenue: Rs 1,010 per sq.ft (2024)

Stamp duty and registration fee for property in Daisy Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 1,001 per sq.ft, the total guideline value amounts to Rs 10,01,000. The stamp duty at 7% would be Rs 70,070, and the registration fee at 2% would be Rs 20,020, making a total of Rs 90,090. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Daisy Avenue?

The Sub Registrar Office that covers Daisy Avenue is the Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore. 641006. You can find your SRO for more information.

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

The guideline value is a critical factor in the registration process when buying or selling property in Villankuruchi. It determines the minimum value at which a property can be registered, ensuring that the transaction is documented accurately.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees. Buyers should be aware that these fees are based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Daisy Avenue?

The current guideline value of Daisy Avenue is Rs 1,001 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 670 per sq.ft in 2017 to Rs 1,001 per sq.ft in 2024, reflecting a 49% increase overall.

What are the other streets in Villankuruchi and their values?

Other streets in Villankuruchi include Daskant/Saravanampatti Road/Pattukottai Kalyanasundaram Street/Perumal Kovil Street at Rs 1,006 per sq.ft, Deepika Nagar at Rs 1,006 per sq.ft, and others with varying rates.

What fees are applicable when registering property in Daisy Avenue?

When registering property in Daisy Avenue, the stamp duty is 7% of the guideline value, and the registration fee is 2% of the guideline value.

Where is the Sub Registrar Office for Daisy Avenue located?

The Ganapathy Sub Registrar Office, which covers Daisy Avenue, is located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore. 641006.