Guideline Value for Devampalayam Road

Devampalayam Road guideline value

The current guideline value of Devampalayam Road is Rs 300 per sq.ft, as per the 2023 revision. This road is located in Sarkarsamakulam village and falls under the Periyanayakkan Palayam SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Devampalayam Road has changed

Looking at the revisions, the guideline value for Devampalayam Road was Rs 300 per sq.ft in 2012. This figure remained unchanged in the subsequent revision of 2017, where it dropped to Rs 201 per sq.ft. However, in the 2023 revision, the value increased to Rs 300 per sq.ft again. The change from 2017 to 2023 represents an increase of 49%, while the change from 2012 to 2017 shows a decrease of 33%. Overall, from 2012 to 2023, the guideline value has not changed.

The register has no figures for the years 2002, 2003, 2007, and 2024 for this street. Therefore, the only revisions available are from 2012, 2017, and 2023.

Guideline values in Sarkarsamakulam

Currently, there are no specific village figures available for Sarkarsamakulam. Devampalayam Road is the only street mentioned under this area, and there are no other streets in Sarkarsamakulam under the Periyanayakkan Palayam SRO.

Stamp duty and registration fee for property in Devampalayam Road

For a 1,000 sq.ft plot at the current rate of Rs 300 per sq.ft, the guideline value would be Rs 3,00,000. The stamp duty at 7% would amount to Rs 21,000, while the registration fee at 2% would be Rs 6,000. Together, the total cost for stamp duty and registration would be Rs 27,000. It is important to note that 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 details.

Which Sub Registrar Office covers Devampalayam Road?

The Sub Registrar Office that covers Devampalayam Road 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 further assistance.

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

The guideline value plays a crucial role during the registration process of property transactions in Sarkarsamakulam. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling property.

When a property is registered, the guideline value is considered to ensure that the appropriate fees are calculated based on the value of the property. This ensures transparency and adherence to the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value of Devampalayam Road?

The current guideline value of Devampalayam Road is Rs 300 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 300 per sq.ft in 2012 to Rs 201 per sq.ft in 2017, and then back to Rs 300 per sq.ft in 2023. This reflects a 49% increase from 2017 to 2023 and a 33% decrease from 2012 to 2017.

Are there any other streets in Sarkarsamakulam?

There are no other streets mentioned in Sarkarsamakulam under the Periyanayakkan Palayam SRO. Devampalayam Road is the only street listed.

What are the stamp duty and registration fees for property in Devampalayam Road?

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total stamp duty and registration fees would amount to Rs 27,000, which includes Rs 21,000 for stamp duty and Rs 6,000 for registration fees.

Which Sub Registrar Office is responsible for Devampalayam Road?

The Periyanayakkan Palayam Sub Registrar Office is responsible for Devampalayam Road, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.