Guideline Value for Deivanaiammal Layout

Deivanaiammal Layout guideline value

The current guideline value of Deivanaiammal Layout is Rs 705 per sq.ft, effective from 1 July 2024. This layout is located in Ward - O village under the Tiruppur Joint II SRO, classified as Residential Class I Type - I.

How the guideline value of Deivanaiammal Layout has changed

The guideline value for Deivanaiammal Layout has undergone several revisions over the years. In 2007, the value was Rs 495 per sq.ft, which increased to Rs 700 per sq.ft in 2012. However, it then decreased to Rs 469 per sq.ft in 2017. The value saw a significant rise of 49% to Rs 700 per sq.ft in 2023, and it has now increased by 1% to Rs 705 per sq.ft in the 2024 revision.

There are no figures available for the years 2002 and 2003 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 42%.

Guideline values in Ward - O

In Ward - O, there are 177 streets under the Tiruppur Joint II SRO that carry a 2024 guideline value ranging from Rs 701 to Rs 4,400 per sq.ft, with a median value of Rs 880 per sq.ft. The guideline value for Deivanaiammal Layout is below this median.

• Dhanalakshmi layout Ist Street: Rs 703 per sq.ft (2024)
• Dhanalaskhmi Layout: Rs 703 per sq.ft (2024)
• Dharapuram Main Road: Rs 4,400 per sq.ft (2024)
• Dharapuram Road (Ward G Block 8): Rs 4,400 per sq.ft (2024)
• Dharapuram Road (Ward G Block 9 to 11): Rs 4,400 per sq.ft (2024)
• Dharapuram Road West Puram: Rs 4,400 per sq.ft (2024)

Stamp duty and registration fee for property in Deivanaiammal Layout

For a 1,000 sq.ft plot at the current rate of Rs 705 per sq.ft, the guideline value amounts to Rs 7,05,000. The stamp duty at 7% would be Rs 49,350, and the registration fee at 2% would be Rs 14,100, totaling Rs 63,450. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Deivanaiammal Layout?

The Sub Registrar Office that covers Deivanaiammal Layout is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor in the registration process of property transactions in Ward - O. It determines the minimum value on which the stamp duty and registration fees are calculated, ensuring that the government receives the appropriate revenue from property sales.

When buying or selling a property, the guideline value helps both parties understand the value of the property being transacted. It serves as a reference point for pricing and can influence negotiations between buyers and sellers.

Frequently asked questions

What is the current guideline value of Deivanaiammal Layout?

The current guideline value of Deivanaiammal Layout is Rs 705 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 495 per sq.ft in 2007 to Rs 705 per sq.ft in 2024, showing an overall increase of 42% over the years.

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

For a 1,000 sq.ft plot, the total stamp duty and registration fees amount to Rs 63,450, based on the current guideline value of Rs 7,05,000.

Which Sub Registrar Office covers this area?

The Tiruppur Joint II Sub Registrar Office covers Deivanaiammal Layout, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

What is the land classification of Deivanaiammal Layout?

Deivanaiammal Layout is classified as Residential Class I Type - I, indicating its suitability for residential development.