Guideline Value for BOSE GARDEN

Bose Garden guideline value

The current guideline value of Bose Garden is Rs 1,055 per sq.ft. It is located in Saravanmpatty, under the Gandhipuram SRO, classified as Residential Class I Type - IV.

How the guideline value of Bose Garden has changed

The guideline value for Bose Garden has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 1,055 per sq.ft, an increase from Rs 1,000 per sq.ft in 2023, marking a change of +6%. Prior to that, the 2017 revision recorded a value of Rs 402 per sq.ft, which means there was a significant increase of +149% from 2017 to 2023. The 2012 revision had the guideline value at Rs 600 per sq.ft, reflecting a decrease of -33% when compared to the 2017 figure.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by +76%. It is important to note that there are no recorded figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Saravanmpatty.

In Saravanmpatty, there are a total of 180 streets under the Gandhipuram SRO, with 2024 guideline values ranging from Rs 1,010 to Rs 5,654 per sq.ft. The median value for these streets is Rs 1,060 per sq.ft, placing Bose Garden's current value slightly below this median.

• Boopathy Nagar: Rs 1,055 per sq.ft (2024)
• Boyar Street: Rs 1,045 per sq.ft (2024)
• Brahma Camellia: Rs 1,170 per sq.ft (2024)
• Buthar Veethi: Rs 1,045 per sq.ft (2024)
• Chidambaram Nagar: Rs 1,685 per sq.ft (2024)
• Chitra Nagar: Rs 1,685 per sq.ft (2024)

Stamp duty and registration fee for property in Bose Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,055 per sq.ft, the total guideline value would be Rs 10,55,000. The stamp duty at 7% would amount to Rs 73,850, and the registration fee at 2% would be Rs 21,100, bringing the total fees together to Rs 94,950. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Bose Garden?

Bose Garden falls under the jurisdiction of the Gandhipuram Sub Registrar Office, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a critical factor when registering property transactions in Saravanmpatty. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the property registration process.

When buying or selling property, the guideline value helps ensure that the transaction is recorded at a value that reflects the current market conditions as assessed by the government. This process helps maintain transparency and consistency in property transactions.

Frequently asked questions

What is the current guideline value of Bose Garden?

The current guideline value of Bose Garden is Rs 1,055 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed from 2012 to 2024?

From 2012 to 2024, the guideline value has increased by +76%, moving from Rs 600 per sq.ft in 2012 to Rs 1,055 per sq.ft in 2024.

What was the guideline value in 2023?

The guideline value for Bose Garden in 2023 was Rs 1,000 per sq.ft.

How does the guideline value affect stamp duty?

The guideline value is used to calculate stamp duty and registration fees during property transactions. The duty is charged on the higher of the guideline value or the sale price.

Where can I find the Sub Registrar Office for Bose Garden?

The Gandhipuram Sub Registrar Office covers Bose Garden, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.