Guideline Value for DAIVASIGAMANI STREET WARD-11

Daivasigamani Street Ward-11 guideline value

The current guideline value of Daivasigamani Street Ward-11 is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in West_komaralingam village, under the Kaniyur SRO, and is classified as Residential Class III Type - V.

How the guideline value of Daivasigamani Street Ward-11 has changed

The guideline value for Daivasigamani Street Ward-11 has undergone several revisions over the years. In the 2007 revision, the value was Rs 40 per sq.ft, which increased to Rs 160 per sq.ft in 2012. However, it then decreased to Rs 107 per sq.ft in 2017. The most recent revisions show that the value remained at Rs 200 per sq.ft in both 2023 and 2024.

From 2017 to 2023, there was an increase of 87%, bringing the value to Rs 200 per sq.ft. Notably, the overall change from 2007 to 2024 reflects a significant increase of 400%, indicating a consistent rise in the guideline value over the years.

Guideline values in West_komaralingam

In West_komaralingam village, there are 46 streets under the Kaniyur SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 200 per sq.ft, with the median also being Rs 200 per sq.ft. Daivasigamani Street Ward-11's 2024 figure matches this median value.

• Dasskant Street Ward-15: Rs 200 per sq.ft (2024)
• Chithamparanar Street Ward-15: Rs 200 per sq.ft (2024)
• Chennimalai Goundar Street Ward-15: Rs 200 per sq.ft (2024)
• Chellappar Street Ward-11: Rs 200 per sq.ft (2024)
• Gandi Street Ward-14: Rs 200 per sq.ft (2024)
• Gannadi Street Ward-14: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Daivasigamani Street Ward-11

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value would be Rs 2,00,000. The stamp duty at 7% would amount to Rs 14,000, and the registration fee at 2% would be Rs 4,000, totaling Rs 18,000. Duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Daivasigamani Street Ward-11?

The Sub Registrar Office that covers Daivasigamani Street Ward-11 is the Kaniyur Sub Registrar Office, located at 61, Madathukulam Main Road, Kaniyur, Madathukulam Taluk, Tirupur District - 642 203, Coimbatore registration zone.

You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in West_komaralingam. It serves as a benchmark for determining the stamp duty and registration fees payable when a property is bought or sold.

When registering a property, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the correct amount of revenue based on the property's value.

Frequently asked questions

What is the current guideline value of Daivasigamani Street Ward-11?

The current guideline value of Daivasigamani Street Ward-11 is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 40 per sq.ft in 2007 to Rs 200 per sq.ft in 2024, reflecting a total increase of 400% over the years.

What is the land classification for Daivasigamani Street Ward-11?

Daivasigamani Street Ward-11 is classified as Residential Class III Type - V.

Where can I find the registration office for Daivasigamani Street Ward-11?

The registration office is the Kaniyur Sub Registrar Office, located at 61, Madathukulam Main Road, Kaniyur, Madathukulam Taluk, Tirupur District - 642 203, Coimbatore registration zone.

How is the stamp duty calculated for properties in Daivasigamani Street Ward-11?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a property with a guideline value of Rs 2,00,000 would incur a stamp duty of Rs 14,000 at 7%.