Guideline Value for DAISY GARDEN

Daisy Garden guideline value

The current guideline value of Daisy Garden, located in Saravanmpatty, is Rs 1,685 per sq.ft, effective from 1 July 2024. This area falls under the Gandhipuram SRO and is classified as Residential Special Type - III.

How the guideline value of Daisy Garden has changed

The guideline value for Daisy Garden has undergone several revisions over the years. The earliest recorded value was Rs 900 per sq.ft in 2012. This figure then changed to Rs 603 per sq.ft in 2017, marking a decrease of 33%. Following this, the value increased significantly to Rs 1,000 per sq.ft in 2023, and the most recent revision in 2024 saw it rise to Rs 1,685 per sq.ft, representing a substantial increase of 69% from the previous year.

Overall, from 2012 to 2024, the guideline value has increased by 87%. Notably, there are no recorded figures for Daisy Garden in the years 2002, 2003, and 2007.

Guideline values in Saravanmpatty.

In Saravanmpatty, there are 180 streets under the Gandhipuram SRO with a 2024 guideline value ranging from Rs 1,010 to Rs 5,654 per sq.ft. The median value for these streets is Rs 1,060 per sq.ft, placing Daisy Garden's 2024 figure above this median.

• C.P.Kandasamy Nagar: Rs 1,060 per sq.ft (2024)
• Chitra Nagar: Rs 1,685 per sq.ft (2024)
• Dwaraka Village: Rs 1,685 per sq.ft (2024)
• Chidambaram Nagar: Rs 1,685 per sq.ft (2024)
• E.B.Colony: Rs 1,055 per sq.ft (2024)
• Eeshanya's Aadhya: Rs 1,685 per sq.ft (2024)

Stamp duty and registration fee for property in Daisy Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,685 per sq.ft, the total guideline value amounts to Rs 16,85,000. The stamp duty at 7% would be Rs 1,17,950, and the registration fee at 2% would be Rs 33,700, bringing the total cost for these fees to Rs 1,51,650. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Daisy Garden?

The Daisy Garden area falls under the Gandhipuram Sub Registrar Office, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor in the registration process for property transactions in Saravanmpatty. It is used to determine the stamp duty and registration fees that must be paid during the transfer of property ownership.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, which is essential for legal and taxation purposes. Buyers should be aware that the guideline value can influence the overall costs associated with property transactions.

Frequently asked questions

What is the current guideline value of Daisy Garden?

The current guideline value of Daisy Garden is Rs 1,685 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen significant changes, from Rs 900 per sq.ft in 2012 to Rs 1,685 per sq.ft in 2024, marking an overall increase of 87% over this period.

What is the land classification for Daisy Garden?

Daisy Garden is classified as Residential Special Type - III, indicating its suitability for residential development.

What are the stamp duty and registration fees for property in Daisy Garden?

For a 1,000 sq.ft plot, the total guideline value is Rs 16,85,000. The stamp duty would be Rs 1,17,950, and the registration fee would be Rs 33,700, totaling Rs 1,51,650 for these fees.

Which office handles the registration for properties in Daisy Garden?

The registration for properties in Daisy Garden is handled by the Gandhipuram Sub Registrar Office, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.