Guideline Value for DASU KUTTI CHETTIAR LANE

Dasu Kutti Chettiar Lane guideline value

The current guideline value of Dasu Kutti Chettiar Lane is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Periyanegamam village under the Negamam SRO and is classified as Residential Class I Type - I.

How the guideline value of Dasu Kutti Chettiar Lane has changed

Looking at the historical revisions, the guideline value for Dasu Kutti Chettiar Lane has seen several changes over the years. The 2007 revision set the value at Rs 45 per sq.ft, which increased to Rs 150 per sq.ft in 2012, marking a +233% change. However, from 2012 to 2017, the value decreased to Rs 100 per sq.ft, a -33% change. The value then rose significantly to Rs 200 per sq.ft in the 2017 revision, reflecting a +100% change. The 2023 revision maintained this value, and the 2024 revision continues with the same Rs 200 per sq.ft, showing a 0% change from the previous year.

The register has no figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by +344%.

Guideline values in Periyanegamam

In Periyanegamam, there are 91 streets under the Negamam SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 300 per sq.ft, with a median value of Rs 200 per sq.ft. The guideline value for Dasu Kutti Chettiar Lane is equal to this median.

• Dhali Road Mahalakshmi Nagar: Rs 200 per sq.ft (2024)
• Dharapuram Road (Jothi Nagar): Rs 200 per sq.ft (2024)
• DHARAPURAM ROAD (Ward No-7): Rs 200 per sq.ft (2024)
• Cholaraja Street: Rs 200 per sq.ft (2024)
• Chinniyagounder Street: Rs 200 per sq.ft (2024)
• Chinneripalayam Anna Nagar: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Dasu Kutti Chettiar Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total 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, bringing the total charges 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 Dasu Kutti Chettiar Lane?

The Sub Registrar Office that covers Dasu Kutti Chettiar Lane is the Negamam Sub Registrar Office, located at No.36, Kovilpalayam Road, Kaliyappan Palayam, Near Police Station Negamam-642120, Coimbatore registration zone. You can find your SRO for further assistance.

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

The guideline value plays a crucial role in the registration process of property transactions in Periyanegamam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value is assessed to calculate the applicable duties. Buyers must be aware that the stamp duty is charged on the higher of the guideline value or the sale price, which can affect the total cost of the transaction.

Frequently asked questions

What is the current guideline value of Dasu Kutti Chettiar Lane?

The current guideline value of Dasu Kutti Chettiar Lane is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 45 per sq.ft in 2007 to Rs 200 per sq.ft in 2024, marking an overall increase of +344% over the years.

What is the land classification for Dasu Kutti Chettiar Lane?

Dasu Kutti Chettiar Lane is classified as Residential Class I Type - I.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 2,00,000, the stamp duty would be Rs 14,000 and the registration fee would be Rs 4,000, totaling Rs 18,000.

Which office handles the registration for Dasu Kutti Chettiar Lane?

The Negamam Sub Registrar Office handles the registration for Dasu Kutti Chettiar Lane, located at No.36, Kovilpalayam Road, Kaliyappan Palayam, Near Police Station Negamam-642120, Coimbatore registration zone.