Guideline Value for DASHKANTVEETHI

Dashkantveethi guideline value

The current guideline value of Dashkantveethi is Rs 1,002 per sq.ft, effective from 1 July 2024. This street is located in Villankuruchicorpration village under the Ganapathy SRO, classified as Residential Class I Type - III.

How the guideline value of Dashkantveethi has changed

The guideline value for Dashkantveethi has seen several revisions over the years. The earliest recorded revision was in 2007, where the value was Rs 300 per sq.ft. This increased to Rs 750 per sq.ft in 2012, marking a 150% rise. However, from 2012 to 2017, the value decreased to Rs 502 per sq.ft, a decline of 33%. The value then rose significantly to Rs 1,000 per sq.ft in 2023, reflecting a 99% increase. The current guideline value is Rs 1,002 per sq.ft as of the 2024 revision, showing no change from the previous year.

It is important to note that there are no recorded figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 234%.

Guideline values in Villankuruchicorpration

In Villankuruchicorpration, there are 168 streets under the Ganapathy SRO that carry a 2024 guideline value ranging from Rs 1,002 to Rs 5,600 per sq.ft. The median guideline value for these streets is Rs 1,003 per sq.ft, placing Dashkantveethi's 2024 figure slightly below that median.

• Chettiarthanneerpanthl: Rs 1,670 per sq.ft (2024)
• Chettiar Thaneer Pandhal,Vengadasamy Nagar: Rs 1,120 per sq.ft (2024)
• Cheran Annex: Rs 1,002 per sq.ft (2024)
• Ellai Thottam Street: Rs 1,670 per sq.ft (2024)
• Ellappan Nagar: Rs 1,120 per sq.ft (2024)
• Charkarai Chettiar Street: Rs 1,120 per sq.ft (2024)

Stamp duty and registration fee for property in Dashkantveethi

For a 1,000 sq.ft plot at the current guideline value of Rs 1,002 per sq.ft, the total guideline value amounts to Rs 10,02,000. The stamp duty, charged at 7%, would be Rs 70,140, while the registration fee, charged at 2%, would be Rs 20,040. Therefore, the total cost for stamp duty and registration fees would be Rs 90,180. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Dashkantveethi?

The Sub Registrar Office that covers Dashkantveethi is the Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006. You can find your SRO for further assistance.

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

The guideline value plays a crucial role during property transactions in Villankuruchicorpration. When buying or selling property, the guideline value is used to determine the applicable stamp duty and registration fees. This ensures that the fees are calculated based on an official valuation rather than the negotiated sale price.

During the registration process, buyers and sellers must provide the guideline value to the registration office. This value is essential for ensuring that the correct fees are paid and that the transaction is legally recognized.

Frequently asked questions

What is the current guideline value of Dashkantveethi?

The current guideline value of Dashkantveethi is Rs 1,002 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 300 per sq.ft in 2007 to Rs 1,002 per sq.ft in 2024, reflecting an overall increase of 234% over the years.

What is the median guideline value in Villankuruchicorpration?

The median guideline value in Villankuruchicorpration is Rs 1,003 per sq.ft, with Dashkantveethi's current value being slightly below this median.

Which office handles property registrations for Dashkantveethi?

The Ganapathy Sub Registrar Office handles property registrations for Dashkantveethi, located on Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value, the total fees amount to Rs 90,180.