Guideline Value for Dabethar Street Main

Dabethar Street Main guideline value

The current guideline value of Dabethar Street Main is Rs 1,900 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 - II.

How the guideline value of Dabethar Street Main has changed

The guideline value for Dabethar Street Main has seen several revisions over the years. In 2007, the value was Rs 1,050 per sq.ft, which increased to Rs 1,700 per sq.ft in 2012. However, it then decreased to Rs 1,139 per sq.ft in 2017. The 2023 revision set the value at Rs 1,700 per sq.ft, and the most recent revision in 2024 raised it to Rs 1,900 per sq.ft, marking a 12% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 81%. Notably, there are no figures available for Dabethar Street Main for the years 2002 and 2003.

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. Dabethar Street Main's current guideline value is below this median.

• Dabethar Street Lane: Rs 1,550 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 Main

For a 1,000 sq.ft plot at the current guideline value of Rs 1,900 per sq.ft, the total guideline value amounts to Rs 19,00,000. The stamp duty at 7% would be Rs 1,33,000, and the registration fee at 2% would be Rs 38,000, making the total fees Rs 1,71,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Dabethar Street Main?

Dabethar Street Main falls under the jurisdiction of 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 crucial factor in property registration, as it determines the stamp duty and registration fees applicable during the sale or purchase of property. When a property transaction occurs, the guideline value is used to calculate the fees, ensuring that the government receives the appropriate revenue from property transactions.

It is essential for buyers and sellers to be aware of the current guideline value, as it can impact the overall cost of the transaction. Understanding how the guideline value is applied can help in making informed decisions during property dealings.

Frequently asked questions

What is the current guideline value of Dabethar Street Main?

The current guideline value of Dabethar Street Main is Rs 1,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,050 per sq.ft in 2007 to Rs 1,900 per sq.ft in 2024, showing an overall increase of 81% over the years.

What are the stamp duty and registration fees for properties in Dabethar Street Main?

For a property valued at Rs 19,00,000, the stamp duty would be Rs 1,33,000 and the registration fee would be Rs 38,000, totaling Rs 1,71,000.

Which office handles the registration for Dabethar Street Main?

The Coimbatore North Joint 1 Sub Registrar Office handles the registration for Dabethar Street Main, located at Syryan Church Road, Coimbatore.

What is the range of guideline values in Ward-9?

The guideline values in Ward-9 range from Rs 1,550 to Rs 10,000 per sq.ft, with a median value of Rs 4,200 per sq.ft.