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Guideline Value

Corporate

Guideline Value for BOMMA NAICKEN PALAYAM (NEAR BY NALLARU)

₹703/sq.ft.

The guideline value for Bomma Naicken Palayam (near By Nallaru) in Thottipalayam village (Thottipalayam SRO, Coimbatore zone) is Rs 703 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 0% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Thottipalayam

Village

Thottipalayam

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹703 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹405 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹605 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

1/529, Nerupperichchal Village Pooluvapatti Postal Tirupur -641602
0421-2960045
[email protected]

DRO (District Registrar Office)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960044
[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Bomma Naicken Palayam (near By Nallaru)

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Bomma Naicken Palayam (Near By Nallaru) guideline value

The current guideline value of Bomma Naicken Palayam (Near By Nallaru) is Rs 703 per sq.ft, effective from 1 July 2024. This property is located in Thottipalayam village, under the Thottipalayam SRO, classified as Residential Class III Type - I.

How the guideline value of Bomma Naicken Palayam (Near By Nallaru) has changed

The guideline value for Bomma Naicken Palayam has seen several revisions over the years. In 2012, the value was Rs 605 per sq.ft, which increased to Rs 405 per sq.ft in 2017, marking a decrease of 33%. However, from 2017 to 2023, it rose significantly to Rs 700 per sq.ft, reflecting a 73% increase. The most recent revision in 2024 set the value at Rs 703 per sq.ft, showing no change from the previous year.

There are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has increased by 16%.

Guideline values in Thottipalayam

In Thottipalayam, there are 99 streets under the Thottipalayam SRO that carry a 2024 guideline value ranging from Rs 700 to Rs 2,800 per sq.ft, with a median value of Rs 806 per sq.ft. The guideline value for Bomma Naicken Palayam (Near By Nallaru) is below this median.

Stamp duty and registration fee for property in Bomma Naicken Palayam (Near By Nallaru)

For a 1,000 sq.ft plot at the current guideline value of Rs 703 per sq.ft, the total guideline value amounts to Rs 7,03,000. The stamp duty at 7% would be Rs 49,210, and the registration fee at 2% would be Rs 14,060, making the total fees together Rs 63,270. 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 Bomma Naicken Palayam (Near By Nallaru)?

The Sub Registrar Office that covers Bomma Naicken Palayam (Near By Nallaru) is the Thottipalayam Sub Registrar Office, located at 1/529, Nerupperichchal Village Pooluvapatti Postal Tirupur -641602, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the property registration process in Thottipalayam. It serves as the baseline for calculating stamp duty and registration fees when a property is bought or sold. Buyers and sellers must be aware that the guideline value may influence the overall cost of the transaction.

When registering a property, the guideline value is compared to the sale price. The higher of the two figures is used to calculate the applicable duties and fees, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Bomma Naicken Palayam (Near By Nallaru)?

The current guideline value of Bomma Naicken Palayam (Near By Nallaru) is Rs 703 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 605 per sq.ft in 2012 to Rs 703 per sq.ft in 2024, reflecting an overall increase of 16% over this period.

What is the registration office for Bomma Naicken Palayam?

The registration office for Bomma Naicken Palayam is the Thottipalayam Sub Registrar Office, located at 1/529, Nerupperichchal Village Pooluvapatti Postal Tirupur -641602, Coimbatore registration zone.

What are the stamp duty rates for properties in Bomma Naicken Palayam?

The stamp duty for properties in Bomma Naicken Palayam is charged at 7% of the guideline value or sale price, whichever is higher.

What is the median guideline value for streets in Thottipalayam?

The median guideline value for streets in Thottipalayam is Rs 806 per sq.ft, with Bomma Naicken Palayam's value being below this median.