Guideline Value for DHALI ROAD PART II

Dhali Road Part II guideline value

The current guideline value of Dhali Road Part II is Rs 1,450 per sq.ft, effective from 1 July 2024. This street is located in the village of Udumalpettai under the Udumalpettai SRO, classified as Residential Special Type - I.

How the guideline value of Dhali Road Part II has changed

The guideline value for Dhali Road Part II has undergone several revisions over the years. The 2012 revision set the value at Rs 1,300 per sq.ft, which then decreased to Rs 871 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 1,300 per sq.ft, and the most recent 2024 revision has raised it further to Rs 1,450 per sq.ft. Notably, the register has no figures for this street in the years 2002, 2003, and 2007.

In terms of percentage changes, the guideline value increased by 49% from 2017 to 2023, and by 12% from 2023 to 2024. However, there was a decrease of 33% from 2012 to 2017. Overall, from 2012 to 2024, the guideline value has increased by 12%.

Guideline values in Ward - C

In Ward - C, there are 106 streets under the Udumalpettai SRO with a 2024 guideline value ranging from Rs 380 to Rs 2,020 per sq.ft. The median value for these streets is Rs 475 per sq.ft, placing Dhali Road Part II's 2024 figure above this median.

• Dhali Road: Rs 2,020 per sq.ft (2024)
• Devar Lane: Rs 475 per sq.ft (2024)
• Devangar Lane: Rs 660 per sq.ft (2024)
• Daily Market: Rs 700 per sq.ft (2024)
• Diwan Sahib Lane: Rs 700 per sq.ft (2024)
• Choliar Lane: Rs 475 per sq.ft (2024)

Stamp duty and registration fee for property in Dhali Road Part II

For a 1,000 sq.ft plot at the current rate of Rs 1,450 per sq.ft, the guideline value amounts to Rs 14,50,000. The stamp duty at 7% would be Rs 1,01,500, and the registration fee at 2% would be Rs 29,000, totaling Rs 1,30,500. 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 further assistance.

Which Sub Registrar Office covers Dhali Road Part II?

The Sub Registrar Office that covers Dhali Road Part II is the Udumalpettai Sub Registrar Office, located at 21, Katcheri Street, Taluk Office Campus, Udumalapet-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 - C

The guideline value plays a crucial role in property transactions in Ward - C. It serves as the basis for calculating the stamp duty and registration fees when a property is bought or sold. Buyers and sellers must be aware of the guideline value to ensure compliance with the registration requirements.

When a property is registered, the guideline value is compared to the sale price, and the higher amount is used to determine the applicable duties. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Dhali Road Part II?

The current guideline value of Dhali Road Part II is Rs 1,450 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several changes, with the 2024 revision at Rs 1,450 per sq.ft, up from Rs 1,300 per sq.ft in 2023, and Rs 871 per sq.ft in 2017. The overall change from 2012 to 2024 is an increase of 12%.

What is the land classification for Dhali Road Part II?

Dhali Road Part II is classified as Residential Special Type - I, indicating its intended use for residential purposes.

Where can I find the Sub Registrar Office for Dhali Road Part II?

The Sub Registrar Office for Dhali Road Part II is located at 21, Katcheri Street, Taluk Office Campus, Udumalapet-642126, Coimbatore registration zone.

How is the stamp duty calculated for properties in Dhali Road Part II?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a property with a guideline value of Rs 14,50,000 would incur a stamp duty of Rs 1,01,500 at 7%.