Guideline Value for DECON ESTATE (GOLDWINS)

Decon Estate (Goldwins) guideline value

The current guideline value of Decon Estate (Goldwins) is Rs 1,065 per sq.ft, effective from 1 July 2024. This property is located in Kalapatty_west village under the Gandhipuram SRO and is classified as Residential Class I Type - I.

How the guideline value of Decon Estate (Goldwins) has changed

The guideline value for Decon Estate (Goldwins) has seen significant changes over the years. In the 2017 revision, the value was Rs 536 per sq.ft, which increased to Rs 1,000 per sq.ft in the 2023 revision. The most recent 2024 revision set the guideline value at Rs 1,065 per sq.ft, marking a 7% increase from the previous year. Notably, the overall increase from 2017 to 2024 is 99%.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. The increase from 2017 to 2023 was 87%, reflecting a substantial rise in the guideline value over that period.

Guideline values in Kalapatty_west

In Kalapatty_west, there are 357 streets under the Gandhipuram SRO that carry a 2024 guideline value ranging from Rs 1,010 to Rs 3,920 per sq.ft, with a median value of Rs 1,060 per sq.ft. Decon Estate (Goldwins) is positioned above this median with its current guideline value.

• Decon Nagar (Goldwins): Rs 1,065 per sq.ft (2024)
• C.R.I.Nagar (Valiyampalayam): Rs 1,050 per sq.ft (2024)
• Cri Nagar: Rs 1,050 per sq.ft (2024)
• Devi Poorani Nagar: Rs 1,065 per sq.ft (2024)
• Cotton City: Rs 1,055 per sq.ft (2024)
• College Nagar: Rs 1,050 per sq.ft (2024)

Stamp duty and registration fee for property in Decon Estate (Goldwins)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,065 per sq.ft, the total guideline value would be Rs 10,65,000. The stamp duty at 7% would amount to Rs 74,550, and the registration fee at 2% would be Rs 21,300, bringing the total cost for these fees to Rs 95,850. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Decon Estate (Goldwins)?

The Sub Registrar Office that covers Decon Estate (Goldwins) is the Gandhipuram Sub Registrar Office, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor during the registration process when buying or selling property in Kalapatty_west. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When registering a property, the buyer must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Decon Estate (Goldwins)?

The current guideline value of Decon Estate (Goldwins) is Rs 1,065 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 536 per sq.ft in 2017 to Rs 1,065 per sq.ft in 2024, marking a total increase of 99% over this period.

What are the stamp duty and registration fees for property in Decon Estate (Goldwins)?

For a 1,000 sq.ft plot, the stamp duty would be Rs 74,550 and the registration fee would be Rs 21,300, totaling Rs 95,850 based on the current guideline value.

Where is the Gandhipuram Sub Registrar Office located?

The Gandhipuram Sub Registrar Office is located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

What is the land classification for Decon Estate (Goldwins)?

Decon Estate (Goldwins) is classified as Residential Class I Type - I, indicating its suitability for residential purposes.