Guideline Value for DANA LAY OUT

Dana Lay Out guideline value

The current guideline value of Dana Lay Out in Odaiyakulam village is Rs 200 per sq.ft, effective from 1 July 2024. This area falls under the Anaimalai SRO and is classified as Residential Class I Type - II.

How the guideline value of Dana Lay Out has changed

The guideline value for Dana Lay Out has seen several revisions over the years. In the 2012 revision, the value was set at Rs 200 per sq.ft. This remained unchanged until the 2017 revision, which saw a decrease to Rs 134 per sq.ft, marking a drop of 33%. However, by the 2023 revision, the value returned to Rs 200 per sq.ft, and it remained the same in the 2024 revision, showing no change from the previous year.

Looking at the changes between the revisions, from 2017 to 2023, there was a significant increase of 49%. Overall, from 2012 to 2024, the guideline value has remained constant at Rs 200 per sq.ft.

Guideline values in Odaiyakulam

In Odaiyakulam, there are 72 streets under the Anaimalai SRO that carry a 2024 guideline value ranging from Rs 101 to Rs 448 per sq.ft. The median value is Rs 200 per sq.ft, which is equal to the current guideline value of Dana Lay Out. Below are the guideline values for other streets in Odaiyakulam:

• Cvr Nagar: Rs 250 per sq.ft (2024)
• Chinnappampalayam Main Road: Rs 200 per sq.ft (2024)
• Chellam Nagar: Rs 250 per sq.ft (2024)
• Chella Masaniamman Nagar: Rs 250 per sq.ft (2024)
• Boyar Street: Rs 250 per sq.ft (2024)
• Harizana Street: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Dana Lay Out

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total 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, bringing the total fees to Rs 18,000. It is important to note that the 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 detailed calculations.

Which Sub Registrar Office covers Dana Lay Out?

The Sub Registrar Office covering Dana Lay Out is the Anaimalai Sub Registrar Office, located at Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Odaiyakulam. It is used to determine the stamp duty and registration fees applicable when buying or selling property. Buyers and sellers must be aware of the current guideline value to ensure compliance with the registration requirements.

When a property is registered, 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 revenue from property transactions.

Frequently asked questions

What is the current guideline value of Dana Lay Out?

The current guideline value of Dana Lay Out 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 several times, with the most recent revisions showing a return to Rs 200 per sq.ft in both 2023 and 2024, following a decrease to Rs 134 per sq.ft in 2017.

What is the classification of land in Dana Lay Out?

Dana Lay Out is classified as Residential Class I Type - II, which indicates its designation for residential development.

Where can I find more information about the Anaimalai SRO?

More information about the Anaimalai Sub Registrar Office can be found by visiting the official site or using the find your SRO feature.

How is the stamp duty calculated for properties in Dana Lay Out?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a 1,000 sq.ft plot at the guideline value of Rs 200 per sq.ft would incur a total stamp duty and registration fee of Rs 18,000.