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

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

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

The guideline value for Devanallur West Kudi Street has seen several revisions over the years. In 2012, the guideline value was Rs 80 per sq.ft, which increased to Rs 54 per sq.ft in 2017. This marked a decrease of 33%. However, from 2017 to 2023, the value surged to Rs 200 per sq.ft, representing a significant increase of 270%. The guideline value remained unchanged at Rs 200 per sq.ft in the 2023 and 2024 revisions.

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

Guideline values in Kangayampalayam

Kangayampalayam has 17 streets under the Dharapuram SRO that carry a 2024 guideline value, all set at Rs 200 per sq.ft, with the median also being Rs 200 per sq.ft. Devanallur West Kudi Street's guideline value aligns with this median.

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

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, 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. For further details, you can use the stamp duty and registration fee calculator.

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

The Sub Registrar Office that covers Devanallur West Kudi Street is the Dharapuram Sub Registrar Office, located at Taluk Office Compound, Dharapuram 638 656, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Kangayampalayam. It is used to determine the stamp duty and registration fees that must be paid when a property is bought or sold, ensuring that the transaction is recorded accurately in the official register.

When you engage in a property transaction, it is essential to consider the guideline value, as it may affect the overall cost of the transaction. Buyers and sellers should ensure they are aware of the current guideline values to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Devanallur West Kudi Street?

The current guideline value of Devanallur West Kudi 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 from Rs 80 per sq.ft in 2012 to Rs 54 per sq.ft in 2017, then increased to Rs 200 per sq.ft in 2023 and 2024, representing a significant overall increase of 150% from 2012 to 2024.

Which office handles registrations for Devanallur West Kudi Street?

The Dharapuram Sub Registrar Office handles registrations for Devanallur West Kudi Street, located at Taluk Office Compound, Dharapuram 638 656, Coimbatore registration zone.

How is stamp duty calculated for properties in this area?

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

What other streets have the same guideline value in Kangayampalayam?

Other streets in Kangayampalayam that have the same guideline value of Rs 200 per sq.ft include Devanallur Temple Street, Devanallur Palli Street, Devanallur North Kudi Street, Devanallur Arijana Street, Chandrapuram, and Kangayampalayam North Arijana Street.