Guideline Value for DD'S ELEGANCE PHASE-II

Dd's Elegance Phase-II guideline value

The current guideline value of Dd's Elegance Phase-II is Rs 200 per sq.ft, as per the 2023 revision. This property is located in Idikarai village, under the Periyanayakkan Palayam SRO, and is classified as Residential Class II Type - I.

How the guideline value of Dd's Elegance Phase-II has changed

According to the guideline value register, the revisions for Dd's Elegance Phase-II have been recorded in specific years. The most recent revision in 2023 set the guideline value at Rs 200 per sq.ft. Prior to this, the register has no figures for the years 2024, 2017, 2012, 2007, 2003, and 2002.

There have been no changes in the guideline value between the revisions listed. The absence of figures for the earlier years indicates that the guideline value for this street has not been updated in those revisions.

Guideline values in Idikarai

Currently, there are no specific village figures provided for Idikarai. Dd's Elegance Phase-II is situated in this village, which is under the jurisdiction of the Periyanayakkan Palayam SRO.

Stamp duty and registration fee for property in Dd's Elegance Phase-II

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 is charged at 7%, which totals Rs 14,000, and the registration fee is charged at 2%, totaling Rs 4,000. Therefore, the total cost for stamp duty and registration fees together would be Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Dd's Elegance Phase-II?

The Sub Registrar Office that covers Dd's Elegance Phase-II is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, Coimbatore registration zone.

To find more information about your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in the registration process of property transactions in Idikarai. When a property is bought or sold, the guideline value is used to determine the stamp duty and registration fees that need to be paid, ensuring that they are calculated based on an official valuation.

It is essential for buyers and sellers to be aware of the guideline value, as it directly impacts the financial obligations during the registration of the property. This value serves as a benchmark for both parties involved in the transaction.

Frequently asked questions

What is the current guideline value of Dd's Elegance Phase-II?

The current guideline value of Dd's Elegance Phase-II is Rs 200 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value for Dd's Elegance Phase-II has been recorded in the 2023 revision at Rs 200 per sq.ft. There are no figures available for the years 2024, 2017, 2012, 2007, 2003, and 2002.

What is the classification of Dd's Elegance Phase-II?

Dd's Elegance Phase-II is classified as Residential Class II Type - I according to the guideline value register.

Where is the Sub Registrar Office for Dd's Elegance Phase-II located?

The Sub Registrar Office covering Dd's Elegance Phase-II is located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, Coimbatore registration zone.

How is the stamp duty calculated for properties in Dd's Elegance Phase-II?

Stamp duty for properties in Dd's Elegance Phase-II is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 200 per sq.ft, the total guideline value would be Rs 2,00,000, resulting in a stamp duty of Rs 14,000 at 7%.