Guideline Value for BOOYAN ST

Booyan St guideline value

The current guideline value of Booyan St is Rs 100 per sq.ft, effective from 1 July 2024. This street is located in Poolvampatti village and falls under the Thondamuthur SRO. The land classification for this area is Residential Class I Type - III.

How the guideline value of Booyan St has changed

In the 2007 revision, the guideline value was Rs 47 per sq.ft. This increased to Rs 100 per sq.ft in the 2012 revision, marking a significant increase of 113%. However, in the 2017 revision, the value was adjusted to Rs 67 per sq.ft, reflecting a decrease of 33%. The value then rose to Rs 100 per sq.ft in the 2023 revision, and remained unchanged in the 2024 revision, showing a 49% increase from 2017 to 2023.

It is important to note that the register has no figures for Booyan St for the years 2002 and 2003. Overall, from 2007 to 2024, the guideline value has increased by 113%.

Guideline values in Poolvampatti

In Poolvampatti, there are 29 streets under the Thondamuthur SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 750 per sq.ft. The median guideline value for these streets is Rs 100 per sq.ft, which is equal to the 2024 figure for Booyan St.

• Chettiyer St: Rs 100 per sq.ft (2024)
• Chihrai Savati: Rs 100 per sq.ft (2024)
• Elementary School St: Rs 220 per sq.ft (2024)
• Gounda Gounder St: Rs 220 per sq.ft (2024)
• Gounden Gounder Street: Rs 165 per sq.ft (2024)
• Harijana Colony St: Rs 100 per sq.ft (2024)

Stamp duty and registration fee for property in Booyan St

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 1,00,000. The stamp duty at 7% would be Rs 7,000, and the registration fee at 2% would be Rs 2,000, totaling Rs 9,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Booyan St?

The Sub Registrar Office that covers Booyan St 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 Poolvampatti

The guideline value is a crucial factor in the registration process of property transactions in Poolvampatti. It determines the minimum value at which a property can be registered and is used to calculate the stamp duty and registration fees payable during the transaction.

When buying or selling property, it is essential to be aware of the current guideline value, as it affects the overall cost of the transaction. Buyers should ensure that the sale price is not lower than the guideline value to avoid any legal complications during registration.

Frequently asked questions

What is the current guideline value of Booyan St?

The current guideline value of Booyan St is Rs 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value of Booyan St has seen several changes, with the most recent revision in 2024 keeping it at Rs 100 per sq.ft. The overall increase from 2007 to 2024 is 113%.

What are the other streets in Poolvampatti with similar guideline values?

Other streets in Poolvampatti with a guideline value of Rs 100 per sq.ft include Chettiyer St, Chihrai Savati, and Harijana Colony St, among others.

How is the stamp duty calculated for property in Booyan St?

Stamp duty for property in Booyan St is calculated at 7% of the guideline value or sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 100 per sq.ft would incur a stamp duty of Rs 7,000.

Where can I find the Sub Registrar Office for Booyan St?

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