Guideline Value for BATHRAKALIYAMMAN KOIL ST

Bathrakaliyamman Koil St guideline value

The current guideline value of Bathrakaliyamman Koil St is Rs 340 per sq.ft, effective from 1 July 2024. This street is located in Othakkalmandapam village, under the Kinathukkadavu SRO, and is classified as Residential Class II Type - I.

How the guideline value of Bathrakaliyamman Koil St has changed

The guideline value for Bathrakaliyamman Koil St has seen several revisions over the years. In the 2007 revision, the value was Rs 90 per sq.ft, which increased significantly to Rs 300 per sq.ft in 2012, marking a 233% rise. However, it dropped to Rs 201 per sq.ft in the 2017 revision, a decrease of 33%. The value then rose again to Rs 300 per sq.ft in 2023, and finally to Rs 340 per sq.ft in the 2024 revision, reflecting a 13% increase from the previous year.

Notably, the register has no figures for Bathrakaliyamman Koil St for the years 2002 and 2003. Overall, from the 2007 revision to the current 2024 value, there has been a substantial increase of 278%.

Guideline values in Othakkalmandapam

In Othakkalmandapam, there are 110 streets under the Kinathukkadavu SRO that have a 2024 guideline value ranging from Rs 225 to Rs 1,010 per sq.ft, with a median value of Rs 560 per sq.ft. Bathrakaliyamman Koil St's 2024 figure of Rs 340 per sq.ft is below this median.

• Barathiar Street: Rs 340 per sq.ft (2024)
• Bajanai Koil Street: Rs 340 per sq.ft (2024)
• Azhagumuthu Gounder Street: Rs 340 per sq.ft (2024)
• Ayya Gounder Street: Rs 225 per sq.ft (2024)
• Arijana Colony: Rs 560 per sq.ft (2024)
• Annamar Koil Street: Rs 340 per sq.ft (2024)

Stamp duty and registration fee for property in Bathrakaliyamman Koil St

For a 1,000 sq.ft plot at the current guideline value of Rs 340 per sq.ft, the total guideline value would be Rs 3,40,000. The stamp duty at 7% would amount to Rs 23,800, while the registration fee at 2% would be Rs 6,800, resulting in a total of Rs 30,600. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Bathrakaliyamman Koil St?

The Bathrakaliyamman Koil St falls under the Kinathukkadavu Sub Registrar Office, located at 151 Coimbatore To Pollachi Main Road, Kinathukadavu- 642109, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in the property registration process in Othakkalmandapam. When buying or selling property, the guideline value is used to determine the applicable stamp duty and registration fees, which are calculated based on the higher of the guideline value or the sale price.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly impacts the financial obligations during the registration process. Understanding these values can help in making informed decisions during property transactions.

Frequently asked questions

What is the current guideline value for Bathrakaliyamman Koil St?

The current guideline value for Bathrakaliyamman Koil St is Rs 340 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 90 per sq.ft in 2007 to Rs 340 per sq.ft in 2024, reflecting an overall increase of 278% over the years.

What are the stamp duty and registration fees for property in Bathrakaliyamman Koil St?

For a property valued at Rs 3,40,000, the stamp duty would be Rs 23,800 and the registration fee would be Rs 6,800, totaling Rs 30,600.

Which Sub Registrar Office covers Bathrakaliyamman Koil St?

The Kinathukkadavu Sub Registrar Office covers Bathrakaliyamman Koil St, located at 151 Coimbatore To Pollachi Main Road, Kinathukadavu- 642109, Coimbatore registration zone.

What is the land classification for Bathrakaliyamman Koil St?

Bathrakaliyamman Koil St is classified as Residential Class II Type - I according to the guideline value register.