Guideline Value for DHACHAN THOTTAM

Dhachan Thottam guideline value

The current guideline value of Dhachan Thottam is Rs 1,006 per sq.ft, effective from 1 July 2024. This area is located in Villankuruchi village under the Ganapathy SRO, classified as Residential Class I Type - III.

How the guideline value of Dhachan Thottam has changed

Over the years, the guideline value of Dhachan Thottam has seen significant changes. The 2012 revision set the value at Rs 500 per sq.ft, which then decreased to Rs 335 per sq.ft in 2017. Following this, the value increased dramatically to Rs 1,000 per sq.ft in 2023, and further rose to Rs 1,006 per sq.ft in the 2024 revision. The register has no figures for the years 2002, 2003, and 2007.

From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value surged by 199%. Overall, from 2012 to 2024, the guideline value has increased by 101%.

Guideline values in Villankuruchi

In Villankuruchi, there are 275 streets under the Ganapathy SRO with a guideline value for 2024 ranging from Rs 1,001 to Rs 3,220 per sq.ft. The median guideline value is Rs 1,008 per sq.ft, which means Dhachan Thottam's 2024 figure is below that median.

• Deepika Nagar: Rs 1,006 per sq.ft (2024)
• Daskant/Saravanampatti Road/Pattukottai Kalyanasundaram Street/Perumal Kovil Street: Rs 1,006 per sq.ft (2024)
• Daisy Avenue: Rs 1,001 per sq.ft (2024)
• Diamond City: Rs 1,680 per sq.ft (2024)
• Doctros And Engineers Colony: Rs 1,008 per sq.ft (2024)
• Elanchi Kumaran Nagar Phase - II: Rs 1,680 per sq.ft (2024)

Stamp duty and registration fee for property in Dhachan Thottam

For a 1,000 sq.ft plot at the current guideline value of Rs 1,006 per sq.ft, the total guideline value would be Rs 10,06,000. The stamp duty at 7% would be Rs 70,420, and the registration fee at 2% would be Rs 20,120, bringing the total to Rs 90,540. 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 Dhachan Thottam?

The Sub Registrar Office that covers Dhachan Thottam is the Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006. You can find your SRO for more information.

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

The guideline value is an important factor in the registration process when buying or selling property in Villankuruchi. It serves as a benchmark for determining the minimum value on which stamp duty and registration fees are calculated, ensuring that the government receives its due revenue from property transactions.

When registering a property, the buyer must pay stamp duty based on the higher of the guideline value or the actual sale price. This ensures that all property transactions are fairly assessed according to the established guideline values.

Frequently asked questions

What is the current guideline value of Dhachan Thottam?

The current guideline value of Dhachan Thottam is Rs 1,006 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2012 to Rs 335 per sq.ft in 2017, then to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,006 per sq.ft in 2024.

What is the land classification of Dhachan Thottam?

Dhachan Thottam is classified as Residential Class I Type - III.

Where can I find the Ganapathy Sub Registrar Office?

The Ganapathy Sub Registrar Office is located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006.

How is the stamp duty calculated for properties in Dhachan Thottam?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, there is a registration fee of 2% based on the same value.