Guideline Value for DASSKANT STREET WARD-15

Dasskant Street Ward-15 guideline value

The current guideline value of Dasskant Street Ward-15 is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in West_komaralingam village under the Kaniyur SRO, classified as Residential Class III Type - V.

How the guideline value of Dasskant Street Ward-15 has changed

The guideline value for Dasskant Street Ward-15 has seen several revisions over the years. The earliest recorded figure is from 2007, where it was Rs 40 per sq.ft. This increased to Rs 160 per sq.ft in 2012, marking a significant rise of 300%. However, the value then decreased to Rs 107 per sq.ft in 2017, which was a drop of 33%. The most recent revisions show that the value remained at Rs 200 per sq.ft in both 2023 and 2024, indicating no change between these two years.

From 2017 to 2023, there was a substantial increase of 87%, bringing the value to Rs 200 per sq.ft. Overall, from the 2007 revision to the current 2024 figure, the guideline value has increased by 400%.

Guideline values in West_komaralingam

In West_komaralingam, 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 a median also at Rs 200 per sq.ft. Dasskant Street Ward-15's 2024 figure is equal to this median.

• Daivasigamani Street Ward-11: 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 Dasskant Street Ward-15

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, totaling 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 our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Dasskant Street Ward-15?

The Sub Registrar Office that covers Dasskant Street Ward-15 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 further assistance.

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

The guideline value is a critical factor in the registration process when buying or selling property in West_komaralingam. 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 sold, the guideline value is used to ensure that the transaction is recorded accurately and that the appropriate taxes are collected. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Dasskant Street Ward-15?

The current guideline value of Dasskant Street Ward-15 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, marking an overall increase of 400% across the revisions.

What is the land classification for Dasskant Street Ward-15?

Dasaskant Street Ward-15 is classified as Residential Class III Type - V under the Kaniyur SRO.

How is the stamp duty calculated for properties in this area?

Stamp duty is 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 rate, the stamp duty would be Rs 14,000.

Where can I find the Sub Registrar Office for this area?

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