Guideline Value for Devantharan Street 91 (5)

Devantharan Street 91 (5) guideline value

The current guideline value of Devantharan Street 91 (5) is Rs 200 per sq.ft. This street is located in Periyakodiveri village, under the Thookanaicken Palayam SRO. The land classification for this area is Residential Class III Type - V.

How the guideline value of Devantharan Street 91 (5) has changed

The guideline value has undergone several revisions over the years. In 2003, the guideline value was Rs 32 per sq.ft, which increased to Rs 35 per sq.ft in 2007. The 2012 revision saw a rise to Rs 150 per sq.ft, but this was followed by a decrease to Rs 100 per sq.ft in 2017. The value then increased significantly to Rs 200 per sq.ft in 2023, and it remained the same in the 2024 revision.

From 2017 to 2023, there was a 100% increase in the guideline value. The change from 2012 to 2017 reflected a decrease of 33%. The increase from 2007 to 2012 was substantial at 329%, while the jump from 2003 to 2007 was a modest 9%. Overall, from 2003 to 2024, the guideline value has increased by 525%. The register has no figure for the year 2002 for this street.

Guideline values in Periyakodiveri

In Periyakodiveri, there are 19 streets under the Thookanaicken Palayam SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 225 per sq.ft. The median guideline value in this area is Rs 200 per sq.ft, which is equal to the 2024 figure for Devantharan Street 91 (5).

• Bharathi Street 126 (1TO43): Rs 200 per sq.ft (2024)
• Ayyar Street 31: Rs 200 per sq.ft (2024)
• Kallipatti Street (251/1,3): Rs 200 per sq.ft (2024)
• Kamarajar Street 126/1 to 43, 129/1 to 13, 262: Rs 200 per sq.ft (2024)
• Akrakara Street 271: Rs 200 per sq.ft (2024)
• Mariamman Koil Street (148/1,3,4, 232): Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Devantharan Street 91 (5)

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total to Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Devantharan Street 91 (5)?

The Sub Registrar Office that covers Devantharan Street 91 (5) is the Thookanaicken Palayam Sub Registrar Office, located at T.s.p Nagar Vaikkal Road T.n.palayam Gobi-638506, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Periyakodiveri. It serves as a benchmark for determining the stamp duty and registration fees that must be paid when a property is sold or purchased.

When buying or selling property, the guideline value helps ensure that the transaction is recorded accurately and that the appropriate taxes are collected. This value is used to calculate the costs associated with the registration process, which is essential for legal ownership transfer.

Frequently asked questions

What is the current guideline value of Devantharan Street 91 (5)?

The current guideline value of Devantharan Street 91 (5) is Rs 200 per sq.ft as per the 2024 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 32 per sq.ft in 2003 to Rs 200 per sq.ft in 2024, with various revisions in between, including a peak of Rs 150 per sq.ft in 2012 and Rs 100 per sq.ft in 2017.

What is the land classification for Devantharan Street 91 (5)?

The land classification for Devantharan Street 91 (5) is Residential Class III Type - V, indicating its suitability for residential development.

Where is the Thookanaicken Palayam Sub Registrar Office located?

The Thookanaicken Palayam Sub Registrar Office is located at T.s.p Nagar Vaikkal Road T.n.palayam Gobi-638506, Coimbatore registration zone.

How is stamp duty calculated for properties in Devantharan Street 91 (5)?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a plot of 1,000 sq.ft at the current guideline value, the total stamp duty would be Rs 14,000.