Guideline Value for DECON NAGAR (GOLDWINS)

Decon Nagar (Goldwins) guideline value

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

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

The guideline value for Decon Nagar (Goldwins) has seen significant changes over the years. In the 2017 revision, the guideline value was Rs 536 per sq.ft, which increased to Rs 1,000 per sq.ft in 2023, marking an 87% increase. The latest revision in 2024 has set the value at Rs 1,065 per sq.ft, reflecting a 7% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 99%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in KALAPATTY_East

In KALAPATTY_East, there are 358 streets under the Gandhipuram SRO, with guideline values ranging from Rs 1,010 to Rs 3,920 per sq.ft. The median guideline value in this area is Rs 1,055 per sq.ft, placing Decon Nagar (Goldwins) above this median.

• Decon Estate (Goldwins): Rs 1,065 per sq.ft (2024)
• C.R.I.Nagar (Valiyampalayam): Rs 1,045 per sq.ft (2024)
• Cri Nagar: Rs 1,045 per sq.ft (2024)
• Devi Poorani Nagar: Rs 1,065 per sq.ft (2024)
• Cotton City: Rs 1,055 per sq.ft (2024)
• Corral Enclave: Rs 1,010 per sq.ft (2024)

Stamp duty and registration fee for property in Decon Nagar (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, charged at 7%, would amount to Rs 74,550, and the registration fee at 2% would be Rs 21,300, bringing the total fees to Rs 95,850. It is essential 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 precise calculations.

Which Sub Registrar Office covers Decon Nagar (Goldwins)?

The Sub Registrar Office covering Decon Nagar (Goldwins) is the Gandhipuram Sub Registrar Office located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

For more information, you can find your SRO.

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

The guideline value plays a crucial role in the registration process when buying or selling property in KALAPATTY_East. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that transactions are conducted fairly and transparently.

When registering a property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory for all property transactions. This ensures that the government receives due revenue from property transfers while protecting the interests of buyers and sellers.

Frequently asked questions

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

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

How much has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 536 per sq.ft to Rs 1,065 per sq.ft in 2024, marking an overall increase of 99%.

What is the stamp duty rate for properties in Decon Nagar (Goldwins)?

The stamp duty for properties in Decon Nagar (Goldwins) is charged at a rate of 7% on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Decon Nagar (Goldwins)?

The Sub Registrar Office for Decon Nagar (Goldwins) is the Gandhipuram Sub Registrar Office located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

What are the guideline values for other streets in KALAPATTY_East?

Other streets in KALAPATTY_East have varying guideline values ranging from Rs 1,010 to Rs 3,920 per sq.ft. For example, Decon Estate (Goldwins) and Devi Poorani Nagar both have a guideline value of Rs 1,065 per sq.ft in 2024.