Guideline Value for DEIVASEEKAMANI PATTINAM

Deivaseekamani Pattinam guideline value

The current guideline value of Deivaseekamani Pattinam is Rs 475 per sq.ft, effective from 1 July 2024. This village falls under the Udumalpettai SRO and is classified as Residential Class IV Type - II.

How the guideline value of Deivaseekamani Pattinam has changed

Over the years, the guideline value for Deivaseekamani Pattinam has seen several revisions. The 2012 revision set the value at Rs 425 per sq.ft, which then decreased to Rs 285 per sq.ft in 2017. Following this, the value increased significantly to Rs 426 per sq.ft in 2023, and then rose again to Rs 475 per sq.ft in 2024. The register has no figure for this street in 2002, 2003, or 2007.

From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value increased by 49%. The overall change from 2012 to 2024 reflects a modest increase of 12%.

Guideline values in Ward - E

In Ward - E, there are 49 streets under the Udumalpettai SRO that carry a 2024 guideline value, ranging from Rs 380 to Rs 1,350 per sq.ft. The median guideline value in this ward is Rs 500 per sq.ft, placing Deivaseekamani Pattinam's 2024 figure below that median.

• DHALI ROAD-part 3: Rs 1,350 per sq.ft (2024)
• Chinnasamy Layout: Rs 775 per sq.ft (2024)
• Elayamuthur Road: Rs 700 per sq.ft (2024)
• Chairman Ramasamy Nagar: Rs 500 per sq.ft (2024)
• Gangadaran Lay Out: Rs 500 per sq.ft (2024)
• Good Shed Road: Rs 475 per sq.ft (2024)

Stamp duty and registration fee for property in Deivaseekamani Pattinam

For a 1,000 sq.ft plot at the current guideline value of Rs 475 per sq.ft, the total guideline value amounts to Rs 4,75,000. The stamp duty at 7% would be Rs 33,250, and the registration fee at 2% would be Rs 9,500, totaling Rs 42,750. It is important to note that 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 details.

Which Sub Registrar Office covers Deivaseekamani Pattinam?

The Sub Registrar Office that covers Deivaseekamani Pattinam is the Udumalpettai Sub Registrar Office, located at 21, Katcheri Street, Taluk Office Campus, Udumalpet-642126, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward - E

The guideline value is a critical factor in the registration process when buying or selling property in Ward - E. It determines the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately in the official records.

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

Frequently asked questions

What is the current guideline value of Deivaseekamani Pattinam?

The current guideline value of Deivaseekamani Pattinam is Rs 475 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 425 per sq.ft in 2012 to Rs 285 per sq.ft in 2017, then increased to Rs 426 per sq.ft in 2023, and finally to Rs 475 per sq.ft in 2024.

What are the stamp duty and registration fees for properties in Deivaseekamani Pattinam?

For a property valued at Rs 4,75,000, the stamp duty is Rs 33,250 and the registration fee is Rs 9,500, totaling Rs 42,750.

Which Sub Registrar Office covers Deivaseekamani Pattinam?

The Udumalpettai Sub Registrar Office covers Deivaseekamani Pattinam, located at 21, Katcheri Street, Taluk Office Campus, Udumalpet-642126, Coimbatore registration zone.

What is the land classification for Deivaseekamani Pattinam?

Deivaseekamani Pattinam is classified as Residential Class IV Type - II.