Guideline Value for Dhamu Garden

Dhamu Garden guideline value

The current guideline value of Dhamu Garden is Rs 1,015 per sq.ft, effective from 1 July 2024. This property is located in Thudiyalur village, under the Periyanayakkan Palayam SRO, with a land classification of Residential Class II Type - I.

How the guideline value of Dhamu Garden has changed

The guideline value for Dhamu Garden has undergone several revisions over the years. Starting with the 2012 revision, the value was set at Rs 400 per sq.ft. This increased to Rs 268 per sq.ft in the 2017 revision, which was a decrease of 33%. However, from 2017 to 2023, the value saw a significant increase of 273%, reaching Rs 1,000 per sq.ft. The most recent revision in 2024 saw a further increase of 2%, bringing the current guideline value to Rs 1,015 per sq.ft. There are no figures available for the revisions in 2002, 2003, and 2007 for this street.

Overall, from 2012 to 2024, the guideline value has increased by 154%. This reflects the changes in the real estate landscape in the area, with the most substantial growth occurring between 2017 and 2023.

Guideline values in Thudiyalur

In Thudiyalur, there are 282 streets under the Periyanayakkan Palayam SRO, with guideline values ranging from Rs 1,001 to Rs 4,000 per sq.ft. The median guideline value for these streets is Rs 1,019 per sq.ft, indicating that Dhamu Garden's 2024 figure is slightly below this median.

• Devi Residency: Rs 1,019 per sq.ft (2024)
• Devi Avenue: Rs 1,018 per sq.ft (2024)
• Deepshila Garden: Rs 1,019 per sq.ft (2024)
• Easa Garden Phase - III: Rs 2,000 per sq.ft (2024)
• Easwar Park: Rs 1,020 per sq.ft (2024)
• Emperor Saral: Rs 1,001 per sq.ft (2024)

Stamp duty and registration fee for property in Dhamu Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,015 per sq.ft, the total guideline value would be Rs 10,15,000. The stamp duty at 7% would amount to Rs 71,050, and the registration fee at 2% would be Rs 20,300, bringing the total cost for these fees to Rs 91,350. It is important to note that duty is charged on the higher of the guideline value or the sale price. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Dhamu Garden?

The Dhamu Garden area is covered by the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Thudiyalur. It is used to determine the stamp duty and registration fees, which are essential costs in any property transaction. Buyers should be aware that these fees are calculated based on the guideline value or the sale price, whichever is higher.

When engaging in a property transaction, it is important to refer to the current guideline value to ensure that all fees are accurately calculated. This helps in avoiding any surprises during the registration process, ensuring a smooth transaction.

Frequently asked questions

What is the current guideline value of Dhamu Garden?

The current guideline value of Dhamu Garden is Rs 1,015 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 400 per sq.ft in 2012 to Rs 1,015 per sq.ft in 2024, reflecting an overall increase of 154% over this period.

What is the registration office for Dhamu Garden?

The registration office for Dhamu Garden is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

How is stamp duty calculated for properties in Dhamu Garden?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value, the stamp duty would be Rs 71,050.

What are the guideline values for other streets in Thudiyalur?

Other streets in Thudiyalur have guideline values ranging from Rs 1,001 to Rs 4,000 per sq.ft, with the median being Rs 1,019 per sq.ft. Dhamu Garden's value is below this median.