Guideline Value for Deepshila Garden

Deepshila Garden guideline value

The current guideline value of Deepshila Garden is Rs 1,019 per sq.ft, effective from 1 July 2024. This property is located in Thudiyalur village, under the Periyanayakkan Palayam SRO, classified as Residential Class I Type - II.

How the guideline value of Deepshila Garden has changed

The guideline value for Deepshila Garden has seen significant changes over the years. In 2012, the value was Rs 500 per sq.ft, which increased to Rs 335 per sq.ft in 2017, a decrease of 33%. Following this, the value surged to Rs 1,000 per sq.ft in 2023, marking a substantial increase of 199%. The latest revision in 2024 set the value at Rs 1,019 per sq.ft, reflecting a 2% increase from the previous year.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 104%.

Guideline values in Thudiyalur

In Thudiyalur, there are 282 streets under the Periyanayakkan Palayam SRO that carry a 2024 guideline value ranging from Rs 1,001 to Rs 4,000 per sq.ft, with the median value being Rs 1,019 per sq.ft. Deepshila Garden's 2024 figure aligns with this median.

• Devi Avenue: Rs 1,018 per sq.ft (2024)
• Devi Residency: Rs 1,019 per sq.ft (2024)
• Dhamu Garden: Rs 1,015 per sq.ft (2024)
• Easa Garden Phase - III: Rs 2,000 per sq.ft (2024)
• Easwar Park: Rs 1,020 per sq.ft (2024)
• Cheran Colony (Ward No.5): Rs 1,022 per sq.ft (2024)

Stamp duty and registration fee for property in Deepshila Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,019 per sq.ft, the total guideline value would be Rs 10,19,000. The stamp duty at 7% would be Rs 71,330, and the registration fee at 2% would be Rs 20,380, bringing the total fees to Rs 91,710. 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 Deepshila Garden?

The Sub Registrar Office that covers Deepshila Garden is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thudiyalur. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction.

When a property is sold, the guideline value is used to ensure that the transaction is recorded accurately and that the appropriate taxes are collected. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Deepshila Garden?

The current guideline value of Deepshila Garden is Rs 1,019 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2012 to Rs 1,019 per sq.ft in 2024, with significant increases noted in 2017 and 2023 revisions.

What are the stamp duty and registration fees for a property in Deepshila Garden?

For a property valued at Rs 10,19,000, the stamp duty would be Rs 71,330 and the registration fee would be Rs 20,380, totaling Rs 91,710.

Which office handles registrations for Deepshila Garden?

The Periyanayakkan Palayam Sub Registrar Office handles registrations for Deepshila Garden, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

What is the significance of the guideline value in property transactions?

The guideline value is used to determine the stamp duty and registration fees during property transactions, ensuring that the correct taxes are collected and the transaction is recorded accurately.