Guideline Value for BATHRAKALIAMMAN KOIL 1ST STREET

Bathrakaliamman Koil 1st Street guideline value

The current guideline value of Bathrakaliamman Koil 1st Street is Rs 2,015 per sq.ft, effective from 1 July 2024. This street is located in Ward - B village under the Tiruppur Joint I SRO, classified as Residential Class II Type - I.

How the guideline value of Bathrakaliamman Koil 1st Street has changed

The guideline value for Bathrakaliamman Koil 1st Street has seen several revisions over the years. In 2007, the value was Rs 1,510 per sq.ft, which increased to Rs 1,800 per sq.ft in 2012. However, it then dropped to Rs 1,206 per sq.ft in 2017. The value rose significantly to Rs 1,800 per sq.ft in 2023 and further increased to Rs 2,015 per sq.ft in 2024, marking a 12% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 33%. The changes between the revisions include a 49% increase from 2017 to 2023, a 33% decrease from 2012 to 2017, and a 19% increase from 2007 to 2012. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Ward - B

In Ward - B, there are a total of 224 streets under the Tiruppur Joint I SRO with a 2024 guideline value ranging from Rs 840 to Rs 4,480 per sq.ft. The median value is Rs 1,120 per sq.ft, placing Bathrakaliamman Koil 1st Street's current value above this median.

• Bathrakaliamman Koil 2nd Street: Rs 2,015 per sq.ft (2024)
• Bathrakaliamman Koil Street: Rs 2,015 per sq.ft (2024)
• Bangalow Street North South Street: Rs 2,575 per sq.ft (2024)
• Bangalow Street 80 Feet: Rs 2,575 per sq.ft (2024)
• Bangalaw Street Thenvadal Road: Rs 2,575 per sq.ft (2024)
• Bangalaw Street Main Road: Rs 2,575 per sq.ft (2024)

Stamp duty and registration fee for property in Bathrakaliamman Koil 1st Street

For a 1,000 sq.ft plot at the current guideline value, the total guideline value is Rs 20,15,000. The stamp duty at 7% would be Rs 1,41,050, and the registration fee at 2% would be Rs 40,300, bringing the total to Rs 1,81,350. 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 Bathrakaliamman Koil 1st Street?

The Bathrakaliamman Koil 1st Street is covered by the Tiruppur Joint I 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 - B

The guideline value is a crucial factor when registering property transactions in Ward - B. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property sales.

When a property is bought or sold, the registration process will use the guideline value to determine the applicable duties. This ensures transparency and fairness in property transactions, as the guideline value reflects the official valuation set by the authorities.

Frequently asked questions

What is the current guideline value of Bathrakaliamman Koil 1st Street?

The current guideline value of Bathrakaliamman Koil 1st Street is Rs 2,015 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,510 per sq.ft in 2007 to Rs 2,015 per sq.ft in 2024, with notable increases and decreases in between. The most significant increase was from Rs 1,800 per sq.ft in 2023 to Rs 2,015 per sq.ft in 2024.

What is the registration office for Bathrakaliamman Koil 1st Street?

The registration office for Bathrakaliamman Koil 1st Street is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

How is stamp duty calculated for properties in Bathrakaliamman Koil 1st Street?

Stamp duty for properties is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current rate would have a total guideline value of Rs 20,15,000, leading to a stamp duty of Rs 1,41,050.

What are the other streets in Ward - B with similar guideline values?

Other streets in Ward - B include Bathrakaliamman Koil 2nd Street and Bathrakaliamman Koil Street, both at Rs 2,015 per sq.ft. There are also several streets with higher values, such as Bangalow Street North South Street at Rs 2,575 per sq.ft.