Guideline Value for DASKANT/SARAVANAMPATTI ROAD/PATTUKOTTAI KALYANASUNDARAM STREET/PERUMAL KOVIL STREET

Daskant/Saravanampatti Road/Pattukottai Kalyanasundaram Street/Perumal Kovil Street guideline value

The current guideline value for Daskant/Saravanampatti Road/Pattukottai Kalyanasundaram Street/Perumal Kovil Street is Rs 1,006 per sq.ft, effective from 1 July 2024. This street is located in Villankuruchi village, under the Ganapathy SRO, and is classified as Residential Class I Type - III.

How the guideline value of Daskant/Saravanampatti Road/Pattukottai Kalyanasundaram Street/Perumal Kovil Street has changed

The guideline value for this street has undergone several revisions over the years. The 2012 revision set the value at Rs 500 per sq.ft, which increased to Rs 335 per sq.ft in the 2017 revision. However, from 2017 to 2023, there was a significant increase to Rs 1,000 per sq.ft, marking a 199% rise. The most recent revision in 2024 has further increased the guideline value to Rs 1,006 per sq.ft, reflecting a 1% increase from the previous year.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 101%.

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. The median value for these streets is Rs 1,008 per sq.ft, placing the guideline value for Daskant/Saravanampatti Road/Pattukottai Kalyanasundaram Street/Perumal Kovil Street below this median.

• Daisy Avenue: Rs 1,001 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)
• Elanchi Kumaran Nagar Phase - II: Rs 1,680 per sq.ft (2024)

Stamp duty and registration fee for property in Daskant/Saravanampatti Road/Pattukottai Kalyanasundaram Street/Perumal Kovil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,006 per sq.ft, the total guideline value would be Rs 10,06,000. The stamp duty at 7% would amount to Rs 70,420, and the registration fee at 2% would be Rs 20,120, bringing the total to Rs 90,540. 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 Daskant/Saravanampatti Road/Pattukottai Kalyanasundaram Street/Perumal Kovil Street?

The Daskant/Saravanampatti Road/Pattukottai Kalyanasundaram Street/Perumal Kovil Street is covered by 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 crucial factor in the registration process when buying or selling property in Villankuruchi. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that both buyers and sellers are aware of the financial obligations involved in the transaction. This process helps maintain transparency and consistency in property dealings.

Frequently asked questions

What is the current guideline value for Daskant/Saravanampatti Road/Pattukottai Kalyanasundaram Street/Perumal Kovil Street?

The current guideline value for Daskant/Saravanampatti Road/Pattukottai Kalyanasundaram Street/Perumal Kovil Street is Rs 1,006 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2012 to Rs 1,006 per sq.ft in 2024, reflecting an overall increase of 101%. The most significant jump occurred between 2017 and 2023, where it rose from Rs 335 per sq.ft to Rs 1,000 per sq.ft.

What is the registration fee for properties in this area?

The registration fee is calculated at 2% of the guideline value. For example, for a property valued at Rs 10,06,000, the registration fee would be Rs 20,120.

Which office handles registrations for this street?

The Ganapathy Sub Registrar Office handles registrations for Daskant/Saravanampatti Road/Pattukottai Kalyanasundaram Street/Perumal Kovil Street, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006.

Where can I find more information about stamp duty?

You can find more information about stamp duty and registration fees through the stamp duty and registration fee calculator.