Guideline Value for BATHRAKALIAMMAN KOIL 2ND STREET

Bathrakaliamman Koil 2nd Street guideline value

The current guideline value of Bathrakaliamman Koil 2nd 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, and is classified as Residential Class II Type - I.

How the guideline value of Bathrakaliamman Koil 2nd Street has changed

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

From 2017 to 2023, there was a notable increase of 49%. The period from 2012 to 2017 saw a decrease of 33%. Overall, from 2007 to 2024, the guideline value has increased by 33%. The register does not have figures for the years 2002 and 2003 for this street.

Guideline values in Ward - B

In Ward - B, there are 224 streets under the Tiruppur Joint I SRO that carry a 2024 guideline value ranging from Rs 840 to Rs 4,480 per sq.ft, with a median value of Rs 1,120 per sq.ft. Bathrakaliamman Koil 2nd Street's 2024 figure is above this median.

• Bathrakaliamman Koil 1st 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 2nd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,015 per sq.ft, the total guideline value would be Rs 20,15,000. The stamp duty at 7% would amount to Rs 1,41,050, and the registration fee at 2% would be Rs 40,300, making the total charges Rs 1,81,350. 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 Bathrakaliamman Koil 2nd Street?

The Sub Registrar Office that covers Bathrakaliamman Koil 2nd Street is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, in 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 - B

The guideline value is a crucial factor during the registration process when buying or selling property in Ward - B. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is used to calculate the applicable charges, ensuring that both the buyer and seller have a clear understanding of the financial implications involved in the transaction.

Frequently asked questions

What is the current guideline value of Bathrakaliamman Koil 2nd Street?

The current guideline value of Bathrakaliamman Koil 2nd 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, including a decrease to Rs 1,206 per sq.ft in 2017.

What are the registration fees for property in Bathrakaliamman Koil 2nd Street?

The registration fees for property transactions in Bathrakaliamman Koil 2nd Street include a stamp duty of 7% and a registration fee of 2% based on the guideline value or sale price, whichever is higher.

Which Sub Registrar Office is responsible for Bathrakaliamman Koil 2nd Street?

The Tiruppur Joint I Sub Registrar Office is responsible for Bathrakaliamman Koil 2nd Street, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.

How is the guideline value determined for properties in Ward - B?

The guideline value for properties in Ward - B is determined based on various factors, including the classification of the land and the historical revisions recorded by the Registration Department.