Guideline Value for DHANABAGYAM LAYOUT

Dhanabagyam Layout guideline value

The current guideline value of Dhanabagyam Layout is Rs 1,095 per sq.ft, effective from 1 July 2024. This layout is located in Chinnavedampatty. village, under the Gandhipuram SRO, and is classified as Residential Class I Type - III.

How the guideline value of Dhanabagyam Layout has changed

The guideline value for Dhanabagyam Layout has seen several revisions over the years. In 2012, the value was Rs 400 per sq.ft, which decreased to Rs 268 per sq.ft in 2017. However, from 2017 to 2023, there was a significant increase of 273%, raising the value to Rs 1,000 per sq.ft. The latest revision in 2024 has further increased the guideline value to Rs 1,095 per sq.ft, marking a 10% rise from the previous year.

There are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has increased by 174%.

Guideline values in Chinnavedampatty.

In Chinnavedampatty., there are 144 streets under the Gandhipuram SRO that carry a 2024 guideline value, ranging from Rs 1,010 to Rs 2,000 per sq.ft. The median value for these streets is Rs 1,095 per sq.ft, which is also the current value for Dhanabagyam Layout.

• Dhandapani Veethi: Rs 1,090 per sq.ft (2024)
• Dejavu Tranz Heaven: Rs 2,000 per sq.ft (2024)
• Divya Nagar: Rs 1,095 per sq.ft (2024)
• C.K.S. Nagar: Rs 1,095 per sq.ft (2024)
• City Residency: Rs 1,502 per sq.ft (2024)
• Eeswar Enclave: Rs 1,090 per sq.ft (2024)

Stamp duty and registration fee for property in Dhanabagyam Layout

For a 1,000 sq.ft plot at the current guideline value of Rs 1,095 per sq.ft, the total guideline value would be Rs 10,95,000. The stamp duty at 7% would be Rs 76,650, and the registration fee at 2% would be Rs 21,900, bringing the total cost for these fees to Rs 98,550. 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 precise calculations.

Which Sub Registrar Office covers Dhanabagyam Layout?

The Dhanabagyam Layout is covered by the Gandhipuram Sub Registrar Office, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Chinnavedampatty. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the state receives appropriate revenue from stamp duties and registration fees.

When buying or selling property, the guideline value helps both parties understand the fair valuation of the property. This value is used to calculate the stamp duty and registration fees, which are essential for the legal transfer of property ownership.

Frequently asked questions

What is the current guideline value of Dhanabagyam Layout?

The current guideline value of Dhanabagyam Layout is Rs 1,095 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2012, the guideline value has changed from Rs 400 per sq.ft to Rs 1,095 per sq.ft in 2024, marking an overall increase of 174% over this period.

What are the stamp duty and registration fees for property in Dhanabagyam Layout?

For a 1,000 sq.ft plot, the stamp duty would be Rs 76,650, and the registration fee would be Rs 21,900, totaling Rs 98,550.

Which Sub Registrar Office covers Dhanabagyam Layout?

The Gandhipuram Sub Registrar Office covers Dhanabagyam Layout, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

How is the guideline value used in property transactions?

The guideline value is used to determine the minimum value for property registration, which is essential for calculating stamp duty and registration fees during property transactions.