Guideline Value for Arunachal Boyar Street

Arunachal Boyar Street guideline value

The current guideline value of Arunachal Boyar Street is Rs 448 per sq.ft, effective from 1 July 2024. This street is located in Kannampalayam village under the Sulur SRO, classified as Residential Class I Type - I.

How the guideline value of Arunachal Boyar Street has changed

The guideline value for Arunachal Boyar Street has undergone several revisions over the years. In 2007, the guideline value was Rs 120 per sq.ft, which increased significantly to Rs 400 per sq.ft in 2012. However, in 2017, it saw a decrease to Rs 268 per sq.ft. The value then rose to Rs 400 per sq.ft in 2023, and currently stands at Rs 448 per sq.ft as of the 2024 revision. The register has no figures for the years 2002 and 2003 for this street.

From 2007 to 2024, the overall increase in the guideline value is 273%. Notably, the change from 2023 to 2024 reflects a rise of 12%, while the period from 2017 to 2023 shows a substantial increase of 49%. The transition from 2012 to 2017 experienced a decline of 33%, while the jump from 2007 to 2012 was remarkable at 233%.

Guideline values in Kannampalayam

In Kannampalayam, there are a total of 114 streets under the Sulur SRO with a 2024 guideline value ranging from Rs 224 to Rs 1,800 per sq.ft. The median guideline value in this area is Rs 336 per sq.ft, placing Arunachal Boyar Street's 2024 figure above this median.

• Arupudha Mudhaiyar Street: Rs 448 per sq.ft (2024)
• Aruljothi Nagar: Rs 448 per sq.ft (2024)
• A.Subaramaniayam Nagar: Rs 224 per sq.ft (2024)
• Avadisetty thottam south side: Rs 224 per sq.ft (2024)
• Appachi Gounder Street: Rs 224 per sq.ft (2024)
• Bakkiamalli Thottam Road: Rs 224 per sq.ft (2024)

Stamp duty and registration fee for property in Arunachal Boyar Street

For a 1,000 sq.ft plot at the current guideline value of Rs 448 per sq.ft, the total guideline value amounts to Rs 4,48,000. The stamp duty at 7% would be Rs 31,360, and the registration fee at 2% would be Rs 8,960. Together, these fees total Rs 40,320. 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 Arunachal Boyar Street?

The Sub Registrar Office that covers Arunachal Boyar Street is the Sulur Sub Registrar Office, located at Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Kannampalayam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property in the area.

When a property is registered, the guideline value is used to calculate the applicable taxes, ensuring that the transaction is recorded accurately and in compliance with local regulations. This value is essential for both buyers and sellers to understand their financial obligations during the property transfer process.

Frequently asked questions

What is the current guideline value of Arunachal Boyar Street?

The current guideline value of Arunachal Boyar Street is Rs 448 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 120 per sq.ft in 2007 to Rs 448 per sq.ft in 2024, with various increases and decreases in between, including a notable rise of 12% from 2023 to 2024.

What is the median guideline value in Kannampalayam?

The median guideline value in Kannampalayam is Rs 336 per sq.ft, with Arunachal Boyar Street's 2024 figure being above this median.

What are the stamp duty and registration fees for property transactions?

For a property valued at Rs 4,48,000, the stamp duty is Rs 31,360 and the registration fee is Rs 8,960, totaling Rs 40,320.

Which office registers property transactions in Arunachal Boyar Street?

The Sulur Sub Registrar Office is responsible for registering property transactions in Arunachal Boyar Street, located at Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402, Coimbatore registration zone.