Guideline Value for Deventhara Kurukku Theru - 2

Deventhara Kurukku Theru - 2 guideline value

The current guideline value of Deventhara Kurukku Theru - 2 is Rs 770 per sq.ft, effective from 1 July 2024. This street is located in the village of Dharapuram, under the Dharapuram SRO, and falls under the Residential Class I Type - II land classification.

How the guideline value of Deventhara Kurukku Theru - 2 has changed

Over the years, the guideline value of Deventhara Kurukku Theru - 2 has seen several revisions. The 2012 revision set the value at Rs 700 per sq.ft, which then decreased to Rs 469 per sq.ft in 2017. Following this, the 2023 revision increased the value to Rs 700 per sq.ft, and the latest revision in 2024 has set it at Rs 770 per sq.ft. There are no figures available for the years 2002, 2003, and 2007 in the register for this street.

In terms of percentage changes, the value increased by 10% from 2023 to 2024, and by 49% from 2017 to 2023. However, there was a decrease of 33% from 2012 to 2017. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Dharapuram Ward 5

In Dharapuram Ward 5, there are 40 streets that have a guideline value for 2024, ranging from Rs 575 to Rs 1,820 per sq.ft, with a median value of Rs 1,080 per sq.ft. The guideline value for Deventhara Kurukku Theru - 2 is below this median.

• Deventhara Kurukku Theru - 1: Rs 1,080 per sq.ft (2024)
• Church Street: Rs 1,380 per sq.ft (2024)
• Gouder Street (BairavanKovil Street): Rs 770 per sq.ft (2024)
• Big Bazar Street Back Side: Rs 1,820 per sq.ft (2024)
• Big Bazar Street: Rs 1,820 per sq.ft (2024)
• Javulikadai Street: Rs 1,650 per sq.ft (2024)

Stamp duty and registration fee for property in Deventhara Kurukku Theru - 2

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total guideline value would be Rs 7,70,000. The stamp duty at 7% would be Rs 53,900, and the registration fee at 2% would be Rs 15,400, making the total cost for these fees Rs 69,300. 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 Deventhara Kurukku Theru - 2?

The Sub Registrar Office that covers Deventhara Kurukku Theru - 2 is the Dharapuram Sub Registrar Office, located at Taluk Office Compound, Dharapuram 638 656, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Dharapuram Ward 5

The guideline value plays a crucial role during property transactions in Dharapuram Ward 5. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees that must be paid at the time of registration.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly impacts the costs associated with property transactions. Ensuring that the guideline value is accurately reflected in the sale agreement can help in avoiding any legal complications during the registration process.

Frequently asked questions

What is the current guideline value of Deventhara Kurukku Theru - 2?

The current guideline value of Deventhara Kurukku Theru - 2 is Rs 770 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 700 per sq.ft in 2012 to Rs 469 per sq.ft in 2017, then to Rs 700 per sq.ft in 2023, and finally to Rs 770 per sq.ft in 2024.

What are the stamp duty and registration fees for property in Deventhara Kurukku Theru - 2?

For a 1,000 sq.ft plot at the current guideline value, the total guideline value is Rs 7,70,000. The stamp duty would be Rs 53,900 and the registration fee would be Rs 15,400, totaling Rs 69,300.

Which Sub Registrar Office covers this area?

The Dharapuram Sub Registrar Office covers Deventhara Kurukku Theru - 2, located at Taluk Office Compound, Dharapuram 638 656, Coimbatore registration zone.

What is the land classification for Deventhara Kurukku Theru - 2?

The land classification for Deventhara Kurukku Theru - 2 is Residential Class I Type - II.