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Guideline Value

Corporate

Guideline Value for Dhanalakshmi layout Ist Street

₹703/sq.ft.

The guideline value for Dhanalakshmi Layout Ist Street in Ward - O village (Tiruppur Joint Ii SRO, Coimbatore zone) is Rs 703 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 0% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward - O

Village

Tiruppur Joint II

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹703 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹368 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹550 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹385 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960035
[email protected]

DRO (District Registrar Office)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960044
[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Dhanalakshmi Layout Ist Street

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Dhanalakshmi layout Ist Street guideline value

The current guideline value for Dhanalakshmi layout Ist Street is Rs 703 per sq.ft, effective from 1 July 2024. This street is located in Ward - O village and falls under the Tiruppur Joint II SRO. The land classification for this area is Residential Class III Type - I.

How the guideline value of Dhanalakshmi layout Ist Street has changed

In the 2007 revision, the guideline value was Rs 385 per sq.ft. This increased to Rs 550 per sq.ft in 2012, marking a rise of 43%. However, in the 2017 revision, the value saw a significant drop to Rs 368 per sq.ft, which is a decrease of 33%. The value then increased substantially to Rs 700 per sq.ft in the 2023 revision, representing a 90% increase. The current guideline value is Rs 703 per sq.ft as per the 2024 revision, showing no change from the previous year.

The register does not have figures for the years 2002 and 2003 for this street. Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 83%.

Guideline values in Ward - O

In Ward - O, there are a total of 177 streets under the Tiruppur Joint II SRO, with the 2024 guideline values ranging from Rs 701 to Rs 4,400 per sq.ft. The median guideline value for these streets is Rs 880 per sq.ft, placing Dhanalakshmi layout Ist Street's 2024 figure below that median.

Stamp duty and registration fee for property in Dhanalakshmi layout Ist Street

For a 1,000 sq.ft plot at the current guideline value of Rs 703 per sq.ft, the total guideline value would be Rs 7,03,000. The stamp duty at 7% would amount to Rs 49,210, and the registration fee at 2% would be Rs 14,060, bringing the total charges to Rs 63,270. It is important to note that the 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 Dhanalakshmi layout Ist Street?

The Dhanalakshmi layout Ist Street is covered by the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is an essential metric used during the registration of property transactions in Ward - O. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these fees are based on the official valuation of the property.

When buying or selling property, the guideline value helps establish a fair price for the transaction. It is important to be aware of this value to understand the financial implications involved in the registration process.

Frequently asked questions

What is the current guideline value for Dhanalakshmi layout Ist Street?

The current guideline value for Dhanalakshmi layout Ist Street is Rs 703 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has undergone several changes, increasing from Rs 385 per sq.ft in 2007 to Rs 703 per sq.ft in 2024, with notable fluctuations in between.

What is the land classification for Dhanalakshmi layout Ist Street?

Dhanalakshmi layout Ist Street is classified as Residential Class III Type - I.

Where can I find the registration office for Dhanalakshmi layout Ist Street?

The registration office for Dhanalakshmi layout Ist Street is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For instance, for a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 49,210.