Guideline Value for Devangapuram(332,333)

Devangapuram(332,333) guideline value

The current guideline value for Devangapuram(332,333) is Rs 825 per sq.ft, effective from 1 July 2024. This village falls under the Sathyamangalam SRO and is classified as Residential Class I Type - III.

How the guideline value of Devangapuram(332,333) has changed

The guideline value for Devangapuram(332,333) has seen several revisions over the years. In 2012, the guideline value was Rs 750 per sq.ft, which decreased to Rs 502 per sq.ft in 2017, marking a decline of 33%. The value then increased significantly to Rs 750 per sq.ft in 2023, and further rose to Rs 825 per sq.ft in 2024, reflecting a 10% increase.

From 2012 to 2024, the overall change in the guideline value is an increase of 10%. The revisions for the years 2002, 2003, and 2007 do not have any figures recorded for this street.

Guideline values in Varathampalayam

In Varathampalayam, there are 16 streets under the Sathyamangalam SRO that carry a 2024 guideline value ranging from Rs 330 to Rs 1,650 per sq.ft. The median value is Rs 825 per sq.ft, which is the same as the guideline value for Devangapuram(332,333).

• BazarStreet (Uppiliyar Street to Mariamman Kovil Ext)(336,334,333): Rs 770 per sq.ft (2024)
• BazarStreet (NorthPettai Road Ext Manikoondu to Market)(349): Rs 1,650 per sq.ft (2024)
• Bazar Street (Market to Uppiliyar Street Ext)(339): Rs 1,150 per sq.ft (2024)
• BathrakaliammanKovilStreet (Market Ext to MariammanKovilExt)(348,349): Rs 825 per sq.ft (2024)
• BathrakaliammanKovilKilamel Street No.2 (BathrakaliammanKovil to Pallam)(325,341,305,332,331,328): Rs 825 per sq.ft (2024)
• BathrakaliammanKovilKilamelStreetNo.1 (MariammanKovilStreet Ext to ThopparColony)(340,339,341): Rs 825 per sq.ft (2024)

Stamp duty and registration fee for property in Devangapuram(332,333)

For a 1,000 sq.ft plot at the current guideline value of Rs 825 per sq.ft, the total guideline value is Rs 8,25,000. The stamp duty at 7% would be Rs 57,750, and the registration fee at 2% would be Rs 16,500, making the total charges Rs 74,250. 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 Devangapuram(332,333)?

The Sub Registrar Office that covers Devangapuram(332,333) is the Sathyamangalam Sub Registrar Office, located at No.75, Municipal Primary School, North Street, atthani Road, Sathyamangalam - 638401, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Varathampalayam. It helps determine the applicable stamp duty and registration fees based on the property value, ensuring that all transactions are conducted fairly and transparently.

When buying or selling property, the guideline value provides a benchmark for pricing, which is essential for both buyers and sellers. It is important to check the latest guideline value to understand the financial implications of the transaction.

Frequently asked questions

What is the current guideline value of Devangapuram(332,333)?

The current guideline value of Devangapuram(332,333) is Rs 825 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 750 per sq.ft in 2012 to Rs 502 per sq.ft in 2017, then to Rs 750 per sq.ft in 2023, and finally to Rs 825 per sq.ft in 2024.

What are the other streets in Varathampalayam?

Other streets in Varathampalayam include BazarStreet, BathrakaliammanKovilStreet, and BathrakaliammanKovilKilamelStreet, each with varying guideline values for 2024.

What are the stamp duty and registration fees for property in Devangapuram(332,333)?

The stamp duty is 7% and the registration fee is 2% of the guideline value. For a 1,000 sq.ft plot, the total charges amount to Rs 74,250.

Where is the Sub Registrar Office for Devangapuram(332,333)?

The Sub Registrar Office for Devangapuram(332,333) is located at No.75, Municipal Primary School, North Street, atthani Road, Sathyamangalam - 638401, Coimbatore registration zone.