Guideline Value for Deversholai Road (New Bus Stand - Morning Star School( 343,350,353,354,356, 357,358) (Except 357/17a,17b,17c, 358/12/18,4,5 )

DEVERSHOLAI ROAD (NEW BUS STAND - MORNING STAR SCHOOL( 343,350,353,354,356, 357,358) (Except 357/17A,17B,17C, 358/12/18,4,5 ) guideline value

The current guideline value of DEVERSHOLAI ROAD (NEW BUS STAND - MORNING STAR SCHOOL( 343,350,353,354,356, 357,358) (Except 357/17A,17B,17C, 358/12/18,4,5 ) is Rs 801 per sq.ft, effective from 1 July 2024. This property is located in Gudalur-2 village, under the Goodaloor SRO, and is classified as Commercial Class I Type - III.

How the guideline value of DEVERSHOLAI ROAD (NEW BUS STAND - MORNING STAR SCHOOL( 343,350,353,354,356, 357,358) (Except 357/17A,17B,17C, 358/12/18,4,5 ) has changed

The guideline value for this road has undergone several revisions over the years. The earliest recorded revision was in 2017, where the value was Rs 536 per sq.ft. It increased to Rs 800 per sq.ft in the 2023 revision, marking a significant rise of 49% from the 2017 figure. The most recent revision in 2024 set the value at Rs 801 per sq.ft, showing no change from the previous year.

It is important to note that there are no recorded figures for this street in the revisions from 2002, 2003, 2007, and 2012. Overall, the guideline value has increased by 49% from Rs 536 per sq.ft in 2017 to Rs 801 per sq.ft in 2024.

Guideline values in Gudalur-2

In Gudalur-2, there are 52 streets under the Goodaloor SRO that have a guideline value for 2024, ranging from Rs 300 to Rs 1,101 per sq.ft. The median value for these streets is Rs 300 per sq.ft, placing DEVERSHOLAI ROAD above this median.

• Ealu Malayaan Abdul Kalam Road(1010,1012,1018,1019, 1020,1021): Rs 300 per sq.ft (2024)
• Chevidipet - Kulampuzha(359,362,489,482,483,484,485,491): Rs 300 per sq.ft (2024)
• HEALTH CAMP D.S.P. QUARTERES ROAD - GEROSA NILAYAM(1194,1195,1196,1198 1199,1202,1204,1211, 1018) (Except 1211/13): Rs 300 per sq.ft (2024)
• Kalumpuzha - Atthippalli(362,363,368,410,413, 416,418,419,477,478, 480,482,483): Rs 300 per sq.ft (2024)
• Asha Bhavan Road, Gudalur(1263,1264,1268): Rs 300 per sq.ft (2024)
• KASIMVAYAL AGRAHARAM - KASIMVAYAL THOTTAM(1085,1086,1088,1089, 1090)Except 1086/ 15A1A1A1A,1086/15A1A1A1.1086/A1A: Rs 1,101 per sq.ft (2024)

Stamp duty and registration fee for property in DEVERSHOLAI ROAD (NEW BUS STAND - MORNING STAR SCHOOL( 343,350,353,354,356, 357,358) (Except 357/17A,17B,17C, 358/12/18,4,5 )

For a 1,000 sq.ft plot at the current guideline value of Rs 801 per sq.ft, the total guideline value would be Rs 8,01,000. The stamp duty at 7% would amount to Rs 56,070, and the registration fee at 2% would be Rs 16,020. Together, these fees would total Rs 72,090. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers DEVERSHOLAI ROAD (NEW BUS STAND - MORNING STAR SCHOOL( 343,350,353,354,356, 357,358) (Except 357/17A,17B,17C, 358/12/18,4,5 )?

The Sub Registrar Office that covers this area is the Goodaloor Sub Registrar Office, located at 10/512a.old Court Road, Gudalur, Nilgiris-643212, Coimbatore registration zone. You can find your SRO for further assistance.

How the guideline value is used when you buy or sell in Gudalur-2

The guideline value is an essential factor during the registration of property transactions in Gudalur-2. It serves as a benchmark for calculating the stamp duty and registration fees, which are mandatory when transferring property ownership.

Frequently asked questions

What is the current guideline value of DEVERSHOLAI ROAD?

The current guideline value of DEVERSHOLAI ROAD is Rs 801 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 536 per sq.ft in 2017 to Rs 801 per sq.ft in 2024, marking a 49% increase overall. There were no recorded figures for the revisions in 2002, 2003, 2007, and 2012.

What is the classification of land on DEVERSHOLAI ROAD?

The land on DEVERSHOLAI ROAD is classified as Commercial Class I Type - III, indicating its use for commercial purposes.

What are the stamp duty and registration fees for properties in this area?

For a property valued at the current guideline value of Rs 801 per sq.ft, the stamp duty would be 7% and the registration fee would be 2% of the guideline value. The total fees can be calculated based on the size of the property.

Where can I find more information about the Sub Registrar Office?

The Goodaloor Sub Registrar Office covers DEVERSHOLAI ROAD and is located at 10/512a.old Court Road, Gudalur, Nilgiris-643212, Coimbatore registration zone. You can find more information through the provided link.