Guideline Value for BOLUVAMPATTI ROAD

Boluvampatti Road guideline value

The current guideline value of Boluvampatti Road is Rs 335 per sq.ft, effective from 1 July 2024. This road is located in Thondamuthur village, under the Thondamuthur SRO, and is classified as Residential Class I Type - II.

How the guideline value of Boluvampatti Road has changed

The guideline value for Boluvampatti Road has undergone several revisions over the years. In the 2012 revision, the value was set at Rs 300 per sq.ft. This figure decreased to Rs 201 per sq.ft in the 2017 revision. However, from 2017 to 2023, the value increased significantly to Rs 300 per sq.ft, and in the latest 2024 revision, it rose to Rs 335 per sq.ft, marking a 12% increase from the previous year.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 12%.

Guideline values in Thondamuthur

In Thondamuthur village, there are 51 streets under the Thondamuthur SRO that carry a 2024 guideline value, ranging from Rs 220 to Rs 670 per sq.ft. The median value is Rs 335 per sq.ft, which is the same as the 2024 figure for Boluvampatti Road.

• Bharathi Colony: Rs 335 per sq.ft (2024)
• EAST St: Rs 335 per sq.ft (2024)
• EAST St KEMBANUR: Rs 220 per sq.ft (2024)
• East Street: Rs 220 per sq.ft (2024)
• Barpar Colony: Rs 335 per sq.ft (2024)
• BAJANAI KOVIL St: Rs 335 per sq.ft (2024)

Stamp duty and registration fee for property in Boluvampatti Road

For a 1,000 sq.ft plot at the current guideline value of Rs 335 per sq.ft, the total guideline value would be Rs 3,35,000. The stamp duty at 7% would amount to Rs 23,450, and the registration fee at 2% would be Rs 6,700, making the total fees Rs 30,150. 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 precise calculations.

Which Sub Registrar Office covers Boluvampatti Road?

The Sub Registrar Office that covers Boluvampatti Road is the Thondamuthur Sub Registrar Office, located at 5/33, Chinnammal Complex, Mappillai Gounder Thottam, Narasipuram Main Road, Thondamuthur, Perur Taluk, Coimbatore-641 108, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration of property transactions in Thondamuthur. It serves as a benchmark for determining the minimum value at which a property can be registered and affects the calculation of stamp duty and registration fees.

When buying or selling property, the guideline value helps ensure that transactions are conducted transparently and fairly, as it reflects the official valuation set by the government for different areas.

Frequently asked questions

What is the current guideline value of Boluvampatti Road?

The current guideline value of Boluvampatti Road is Rs 335 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 300 per sq.ft in 2012 to Rs 201 per sq.ft in 2017, then increased to Rs 300 per sq.ft in 2023, and finally to Rs 335 per sq.ft in 2024.

What is the land classification for Boluvampatti Road?

Boluvampatti Road is classified as Residential Class I Type - II.

Where can I find the Thondamuthur Sub Registrar Office?

The Thondamuthur Sub Registrar Office is located at 5/33, Chinnammal Complex, Mappillai Gounder Thottam, Narasipuram Main Road, Thondamuthur, Perur Taluk, Coimbatore-641 108.

How is the stamp duty calculated for properties in Boluvampatti Road?

The stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current rate would incur a stamp duty of Rs 23,450.