Guideline Value for DHALI ROAD-part 3

DHALI ROAD-part 3 guideline value

The current guideline value of DHALI ROAD-part 3 is Rs 1,350 per sq.ft, effective from 1 July 2024. This street is located in the village of Udumalpettai under the Udumalpettai SRO and is classified as Commercial Class I Type - III.

How the guideline value of DHALI ROAD-part 3 has changed

The guideline value for DHALI ROAD-part 3 has seen several revisions over the years. In the 2012 revision, the value was set at Rs 1,200 per sq.ft. This decreased to Rs 804 per sq.ft in the 2017 revision. The 2023 revision increased the value to Rs 1,200 per sq.ft, and the most recent revision in 2024 set it at Rs 1,350 per sq.ft. The register has no figures for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, the guideline value decreased by 33%. However, it increased by 49% from 2017 to 2023. The jump from 2023 to 2024 reflects a 13% increase. Overall, the guideline value has increased by 13% from 2012 to 2024.

Guideline values in Ward - E

In Ward - E, there are 49 streets under the Udumalpettai SRO that carry a 2024 guideline value ranging from Rs 380 to Rs 1,350 per sq.ft, with a median value of Rs 500 per sq.ft. DHALI ROAD-part 3's 2024 figure is above this median.

• Deivaseekamani Pattinam: Rs 475 per sq.ft (2024)
• Chinnasamy Layout: Rs 775 per sq.ft (2024)
• Elayamuthur Road: Rs 700 per sq.ft (2024)
• Chairman Ramasamy Nagar: Rs 500 per sq.ft (2024)
• Gangadaran Lay Out: Rs 500 per sq.ft (2024)
• Good Shed Road: Rs 475 per sq.ft (2024)

Stamp duty and registration fee for property in DHALI ROAD-part 3

For a 1,000 sq.ft plot at the current guideline value of Rs 1,350 per sq.ft, the total guideline value amounts to Rs 13,50,000. The stamp duty at 7% would be Rs 94,500, and the registration fee at 2% would be Rs 27,000, totaling Rs 1,21,500. 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 more details.

Which Sub Registrar Office covers DHALI ROAD-part 3?

The Sub Registrar Office that covers DHALI ROAD-part 3 is the Udumalpettai Sub Registrar Office, located at 21, Katcheri Street, Taluk Office Campus, Udumalpet-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 - E

The guideline value plays a crucial role in the registration process when buying or selling property in Ward - E. It determines the minimum price at which a property can be registered, ensuring that the transaction is documented at a fair value.

When a property is sold, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of DHALI ROAD-part 3?

The current guideline value of DHALI ROAD-part 3 is Rs 1,350 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,200 per sq.ft in 2012 to Rs 804 per sq.ft in 2017, then back to Rs 1,200 per sq.ft in 2023, and finally to Rs 1,350 per sq.ft in 2024.

What are the stamp duty and registration fees for property in DHALI ROAD-part 3?

For a 1,000 sq.ft plot at the current guideline value, the stamp duty would be Rs 94,500 and the registration fee would be Rs 27,000, totaling Rs 1,21,500.

Which Sub Registrar Office covers DHALI ROAD-part 3?

The Udumalpettai Sub Registrar Office covers DHALI ROAD-part 3, located at 21, Katcheri Street, Taluk Office Campus, Udumalpet-642126, Coimbatore registration zone.

What is the land classification for DHALI ROAD-part 3?

DHALI ROAD-part 3 is classified as Commercial Class I Type - III.