Guideline Value for Devayampalayam Urnattham

Devayampalayam Urnattham guideline value

The current guideline value of Devayampalayam Urnattham is Rs 250 per sq.ft as per the 2023 revision. This area falls under Sarkarsamakulam village and is classified as Residential Class II Type - II. The relevant Sub Registrar Office for this locality is Periyanayakkan Palayam SRO.

How the guideline value of Devayampalayam Urnattham has changed

The guideline value has seen several revisions over the years. In the 2012 revision, the guideline value was set at Rs 250 per sq.ft. This figure remained unchanged until the 2017 revision, where it decreased to Rs 167 per sq.ft, marking a decline of 33%. However, in the subsequent 2023 revision, the guideline value increased to Rs 250 per sq.ft, reflecting a rise of 50% from the 2017 figure.

Overall, from 2012 to 2023, the guideline value has remained the same at Rs 250 per sq.ft, despite the fluctuations in the intervening years. The revisions for the years 2002, 2003, 2007, and 2024 do not have figures recorded for this street.

Guideline values in Sarkarsamakulam

Currently, there are no specific guideline values provided for other streets in Sarkarsamakulam. The guideline value for Devayampalayam Urnattham is Rs 250 per sq.ft as of 2023.

Stamp duty and registration fee for property in Devayampalayam Urnattham

For a 1,000 sq.ft plot at the current rate of Rs 250 per sq.ft, the guideline value amounts to Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, and the registration fee at 2% would be Rs 5,000, bringing the total to Rs 22,500. 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 Devayampalayam Urnattham?

The Sub Registrar Office that covers Devayampalayam Urnattham is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, Coimbatore registration zone. You can find your SRO for more information.

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

When buying or selling property in Sarkarsamakulam, the guideline value is a crucial factor in determining the stamp duty and registration fees. The guideline value serves as a benchmark for the minimum value at which a property can be registered, ensuring that the government collects the appropriate taxes.

It is essential for buyers and sellers to be aware of the current guideline value, as it impacts the overall cost of transactions. This value is updated periodically, and staying informed can help in making better financial decisions during property dealings.

Frequently asked questions

What is the current guideline value for Devayampalayam Urnattham?

The current guideline value for Devayampalayam Urnattham is Rs 250 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

Since 2012, the guideline value has fluctuated. It was Rs 250 per sq.ft in 2012, dropped to Rs 167 per sq.ft in 2017, and then returned to Rs 250 per sq.ft in 2023.

What is the land classification for Devayampalayam Urnattham?

Devayampalayam Urnattham is classified as Residential Class II Type - II. This classification indicates the type of development permissible in the area.

Where is the Sub Registrar Office for this area located?

The Sub Registrar Office for Devayampalayam Urnattham is located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, Coimbatore registration zone.

How is stamp duty calculated for property transactions?

Stamp duty is calculated based on the guideline value or the sale price of the property, whichever is higher. For example, for a property valued at Rs 2,50,000, the stamp duty at 7% would be Rs 17,500.