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 locality is situated in Kalapatty_west village under the Gandhipuram SRO and is 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 2017, the value was recorded at Rs 536 per sq.ft. This increased to Rs 1,000 per sq.ft in the 2023 revision, marking an increase of 87%. The most recent revision in 2024 has set the value at Rs 1,065 per sq.ft, reflecting a 7% increase from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 99%. There are no figures recorded for the years 2002, 2003, 2007, and 2012 for this street in the register.

Guideline values in Kalapatty_west

In Kalapatty_west, there are 357 streets under the Gandhipuram SRO carrying 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 Nagar (Goldwins) is above this median value.

• Decon Estate (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 Nagar (Goldwins)

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

Which Sub Registrar Office covers Decon Nagar (Goldwins)?

The Sub Registrar Office that covers Decon Nagar (Goldwins) is the Gandhipuram Sub Registrar Office, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in 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 a property is sold, the guideline value helps ensure that the transaction is recorded accurately, reflecting the value of the property as per the latest revisions. This is essential for legal and financial documentation during the sale process.

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, showing a total increase of 99% over this period.

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

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

Where can I find the registration office for Decon Nagar (Goldwins)?

The registration 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.

How is the stamp duty calculated for properties in Decon Nagar (Goldwins)?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property with a guideline value of Rs 10,65,000, the stamp duty would be Rs 74,550 at a rate of 7%.