Guideline Value for DHALI ROAD

Dhali Road guideline value

The current guideline value of Dhali Road, located in Ward - C village under the Udumalpettai SRO, is Rs 2,020 per sq.ft, effective from 1 July 2024. This street is classified as Commercial Class I Type - I.

How the guideline value of Dhali Road has changed

Over the years, the guideline value of Dhali Road has seen several revisions. The earliest recorded figure is from 2012, where the value was Rs 1,800 per sq.ft. This was followed by a decrease to Rs 1,206 per sq.ft in 2017, marking a decline of 33%. However, from 2017 to 2023, the value increased significantly by 49%, reaching Rs 1,800 per sq.ft again. The latest revision in 2024 set the guideline value at Rs 2,020 per sq.ft, reflecting a 12% increase from the previous year.

It is important to note that there are no recorded figures for the years 2002, 2003, and 2007 for this street. 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 the 2024 guideline values 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's current guideline value above this median.

• Dhali Road Part II: Rs 1,450 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

For a 1,000 sq.ft plot at the current guideline value of Rs 2,020 per sq.ft, the total guideline value amounts to Rs 20,20,000. The stamp duty at 7% would be Rs 1,41,400, and the registration fee at 2% would be Rs 40,400, totaling Rs 1,81,800. 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 detailed calculations.

Which Sub Registrar Office covers Dhali Road?

The Sub Registrar Office covering Dhali Road 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 - C

The guideline value plays a crucial role in the registration process when buying or selling property in Ward - C. It serves as a benchmark for calculating the stamp duty and registration fees, ensuring that these charges are based on a standardized value rather than fluctuating market prices.

When a property transaction occurs, the guideline value is considered to determine the applicable taxes. This ensures transparency and consistency in the registration process, protecting both buyers and sellers.

Frequently asked questions

What is the current guideline value of Dhali Road?

The current guideline value of Dhali Road is Rs 2,020 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,800 per sq.ft in 2012 to Rs 1,206 per sq.ft in 2017, then back to Rs 1,800 per sq.ft in 2023, and finally to Rs 2,020 per sq.ft in 2024.

Are there any years without recorded figures for Dhali Road?

Yes, there are no recorded figures for Dhali Road in the years 2002, 2003, and 2007.

What is the registration office for Dhali Road?

The registration office for Dhali Road is the Udumalpettai Sub Registrar Office, located at 21, Katcheri Street, Taluk Office Campus, Udumalpet-642126, Coimbatore registration zone.

How is the stamp duty calculated for properties on Dhali Road?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 20,20,000, the stamp duty would be Rs 1,41,400 at a rate of 7%.