Guideline Value for DEVANALLUR ARIJANA STREET (RS.NO.150/4)

Devanallur Arijana Street (Rs.No.150/4) guideline value

The current guideline value of Devanallur Arijana Street (Rs.No.150/4) is Rs 200 per sq.ft. This street is located in Kangayampalayam village, under the Dharapuram SRO, and is classified as Residential Class III Type - V.

How the guideline value of Devanallur Arijana Street (Rs.No.150/4) has changed

Since the 2012 revision, the guideline value has seen significant changes. In 2012, the value was Rs 80 per sq.ft, which increased to Rs 54 per sq.ft in 2017, marking a decrease of 33%. However, from 2017 to 2023, the value rose dramatically by 270% to reach Rs 200 per sq.ft. The 2023 revision maintained this value, with no change to the current rate of Rs 200 per sq.ft effective from 1 July 2024.

There are no registered figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 150%.

Guideline values in Kangayampalayam

In Kangayampalayam, there are 17 streets that carry a 2024 guideline value, all set at Rs 200 per sq.ft, with the median also at Rs 200 per sq.ft. Devanallur Arijana Street's 2024 figure aligns with this median.

• Devanallur North Kudi Street (Rs.No.150/2): Rs 200 per sq.ft (2024)
• Devanallur Palli Street (Rs.No.150/4): Rs 200 per sq.ft (2024)
• Devanallur Temple Street(Rs.No.150/4): Rs 200 per sq.ft (2024)
• Devanallur West Kudi Street (Rs.No.150/4): Rs 200 per sq.ft (2024)
• Chandrapuram (Rs.No.498/6): Rs 200 per sq.ft (2024)
• Kangayampalayam North Arijana Street (Rs.No.529/2): Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Devanallur Arijana Street (Rs.No.150/4)

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, totaling Rs 18,000. It is important to note that the 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 information.

Which Sub Registrar Office covers Devanallur Arijana Street (Rs.No.150/4)?

The Sub Registrar Office that covers Devanallur Arijana Street (Rs.No.150/4) is the Dharapuram Sub Registrar Office, located at Taluk Office Compound, Dharapuram 638 656, Coimbatore registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor in the registration process of property transactions in Kangayampalayam. It serves as a benchmark for determining the applicable stamp duty and registration fees when a property is bought or sold.

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

Frequently asked questions

What is the current guideline value of Devanallur Arijana Street?

The current guideline value of Devanallur Arijana Street (Rs.No.150/4) is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 80 per sq.ft in 2012 to Rs 200 per sq.ft in 2024, with notable increases and a decrease in between these years.

What is the registration office for Devanallur Arijana Street?

The registration office covering Devanallur Arijana Street (Rs.No.150/4) is the Dharapuram Sub Registrar Office, located at Taluk Office Compound, Dharapuram 638 656, Coimbatore registration zone.

What are the other streets in Kangayampalayam with the same guideline value?

There are several other streets in Kangayampalayam that also have a guideline value of Rs 200 per sq.ft, including Devanallur North Kudi Street, Devanallur Palli Street, and others.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price of the property, whichever is higher. For example, a property valued at Rs 2,00,000 would incur a stamp duty of Rs 14,000 at a rate of 7%.