Guideline Value for Dhadapani Road (or ) Street

Dhadapani Road (or ) Street guideline value

The current guideline value of Dhadapani Road (or ) Street is Rs 3,025 per sq.ft, effective from 1 July 2024. This street is located in Ward 10 village under the Peelamedu SRO, classified as Residential Class I Type - I.

How the guideline value of Dhadapani Road (or ) Street has changed

The guideline value for Dhadapani Road (or ) Street has seen several revisions over the years. In the 2007 revision, the value was set at Rs 700 per sq.ft. This figure increased significantly to Rs 2,750 per sq.ft in the 2012 revision, marking a rise of 293%. However, in the 2017 revision, the value decreased to Rs 1,842 per sq.ft, reflecting a decline of 33%. The 2023 revision brought the value back up to Rs 2,750 per sq.ft, and the most recent 2024 revision set it at Rs 3,025 per sq.ft, which is a 10% increase from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 332%. The register does not have figures for the years 2002 and 2003 for this street.

Guideline values in Ward 10

In Ward 10, there are 224 streets under the Peelamedu SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 7,700 per sq.ft, with a median value of Rs 2,200 per sq.ft. Dhadapani Road (or ) Street's 2024 guideline value is above this median.

• Dhamu Nagar: Rs 3,300 per sq.ft (2024)
• Dhanalakshmi Nagar: Rs 2,200 per sq.ft (2024)
• Devaraj Muthaliyar Layout: Rs 2,750 per sq.ft (2024)
• Dhandapani Flourmill Road - Palayur: Rs 1,320 per sq.ft (2024)
• CSR Layout: Rs 2,750 per sq.ft (2024)
• CR Sundaram Layout: Rs 2,750 per sq.ft (2024)

Stamp duty and registration fee for property in Dhadapani Road (or ) Street

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 30,25,000. The stamp duty at 7% would be Rs 2,11,750, and the registration fee at 2% would be Rs 60,500, making the total Rs 2,72,250. It is important to note that 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 Dhadapani Road (or ) Street?

The Dhadapani Road (or ) Street is covered by the Peelamedu Sub Registrar Office, located at 6/1, Grd Road, Redfields, Coimbatore - 18, within the Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward 10

The guideline value plays a crucial role during property registration in Ward 10. It determines the minimum value at which a property can be registered, ensuring that the transaction is documented accurately according to the prevailing rates set by the Registration Department.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees. This ensures that both parties are aware of the financial implications of the transaction based on the established guideline values.

Frequently asked questions

What is the current guideline value of Dhadapani Road (or ) Street?

The current guideline value of Dhadapani Road (or ) Street is Rs 3,025 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 2007 to Rs 3,025 per sq.ft in 2024, reflecting an overall increase of 332% over the years.

What is the land classification for Dhadapani Road (or ) Street?

Dhadapani Road (or ) Street is classified as Residential Class I Type - I.

Where can I find the registration office for Dhadapani Road (or ) Street?

The registration office for Dhadapani Road (or ) Street is the Peelamedu Sub Registrar Office, located at 6/1, Grd Road, Redfields, Coimbatore - 18.

How is stamp duty calculated for properties in Dhadapani Road (or ) Street?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 30,25,000, the stamp duty would be Rs 2,11,750 at a rate of 7%.