Guideline Value for DHALI ROAD

Dhali Road guideline value

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

How the guideline value of Dhali Road has changed

The guideline value for Dhali Road has seen several revisions over the years. In 2012, the value was set at Rs 1,800 per sq.ft, which then decreased to Rs 1,206 per sq.ft in 2017. Following this, the value rose significantly to Rs 1,800 per sq.ft in 2023, and further increased to the current rate of Rs 2,020 per sq.ft in 2024, marking a 12% rise from the previous year.

From 2012 to 2024, the overall change in the guideline value is an increase of 12%. Specifically, the increase from 2017 to 2023 was 49%, while the decrease from 2012 to 2017 was 33%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Ward - D

In Ward - D, there are 54 streets under the Udumalpettai SRO that carry a 2024 guideline value, ranging from Rs 380 to Rs 2,020 per sq.ft. Dhali Road's current guideline value is above the median of Rs 660 per sq.ft.

• Dass Lane: Rs 475 per sq.ft (2024)
• Durai Raj Nadar Street: Rs 775 per sq.ft (2024)
• Duraisamy Iyer Lay Out: Rs 775 per sq.ft (2024)
• Chidambaram Pillai Street: Rs 1,350 per sq.ft (2024)
• Gandhi Lane: Rs 500 per sq.ft (2024)
• Gandhi Lane-1,2: Rs 660 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 would be 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, bringing the total fees to 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.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Dhali Road?

The Sub Registrar Office that covers 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 details.

How the guideline value is used when you buy or sell in Ward - D

The guideline value is a crucial factor during the registration of property transactions in Ward - D. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring compliance with local regulations.

When buying or selling property, the guideline value influences the calculation of stamp duty and registration fees, which are essential costs to consider. Buyers and sellers should be aware of the current guideline values to ensure accurate financial planning during property transactions.

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 undergone several revisions: from Rs 1,800 in 2012 to Rs 1,206 in 2017, then to Rs 1,800 in 2023, and finally to Rs 2,020 in 2024.

What is the land classification for Dhali Road?

Dhali Road is classified as Commercial Class I Type - I, indicating its suitability for commercial activities.

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

The Sub Registrar 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 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 plot of 1,000 sq.ft at the current guideline value, the total stamp duty would be Rs 1,41,400.