Guideline Value for Dabethar Street Lane

Dabethar Street Lane guideline value

The current guideline value of Dabethar Street Lane is Rs 1,550 per sq.ft, effective from 1 July 2024. This street is located in Ward-9 village, under the Coimbatore North Joint 1 SRO, and is classified as Residential Class II Type - III.

How the guideline value of Dabethar Street Lane has changed

The guideline value for Dabethar Street Lane has seen several revisions over the years. In 2007, the value was set at Rs 800 per sq.ft, which increased to Rs 1,400 per sq.ft in 2012. However, it decreased to Rs 938 per sq.ft in 2017, before rising significantly to Rs 1,400 per sq.ft in 2023. The latest revision in 2024 has set the guideline value at Rs 1,550 per sq.ft, marking an increase of 11% from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 94%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Ward-9

In Ward-9, there are 73 streets under the Coimbatore North Joint 1 SRO that have a 2024 guideline value ranging from Rs 1,550 to Rs 10,000 per sq.ft, with a median value of Rs 4,200 per sq.ft. The guideline value for Dabethar Street Lane is below this median.

• Dabethar Street Main: Rs 1,900 per sq.ft (2024)
• Cross Cut Road South Side Main Road Main: Rs 10,000 per sq.ft (2024)
• Cross Cut Road South Side Main Road Lane: Rs 10,000 per sq.ft (2024)
• Desabandhu Street Lane: Rs 3,900 per sq.ft (2024)
• Desabandhu Street Main: Rs 3,900 per sq.ft (2024)
• Dr.Rajarathinam Street: Rs 3,100 per sq.ft (2024)

Stamp duty and registration fee for property in Dabethar Street Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 1,550 per sq.ft, the total guideline value would be Rs 15,50,000. The stamp duty at 7% would be Rs 1,08,500, and the registration fee at 2% would be Rs 31,000, bringing the total cost together to Rs 1,39,500. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more specific calculations.

Which Sub Registrar Office covers Dabethar Street Lane?

The Sub Registrar Office that covers Dabethar Street Lane is the Coimbatore North Joint 1 Sub Registrar Office, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward-9

The guideline value is a critical factor in the registration process for property transactions in Ward-9. It serves as a benchmark for determining the stamp duty and registration fees that must be paid when buying or selling property.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that the transaction is recorded accurately according to the established rates. Buyers and sellers should be aware of the current guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Dabethar Street Lane?

The current guideline value of Dabethar Street Lane is Rs 1,550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 800 per sq.ft in 2007 to Rs 1,550 per sq.ft in 2024, reflecting an overall increase of 94% over the years.

What are the stamp duty and registration fees for a property in Dabethar Street Lane?

For a 1,000 sq.ft plot, the total guideline value is Rs 15,50,000. The stamp duty at 7% would be Rs 1,08,500, and the registration fee at 2% would be Rs 31,000, totaling Rs 1,39,500.

Which office handles registrations for Dabethar Street Lane?

The Coimbatore North Joint 1 Sub Registrar Office handles registrations for Dabethar Street Lane, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001.

How is the guideline value determined for properties in Ward-9?

The guideline value is determined based on various revisions and is used as a benchmark for calculating stamp duty and registration fees during property transactions in Ward-9.