Guideline Value

Corporate

Guideline Value for BOYAR STREET

₹250/sq.ft.

The guideline value for Boyar Street in Odaiyakulam village (Anaimalai SRO, Coimbatore zone) is Rs 250 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Odaiyakulam

Village

Anaimalai

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹250 /sq.ft.
From 1-4-2023 ₹250 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹167 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹250 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹65 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 ₹45 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104
04253-292171
[email protected]

DRO (District Registrar Office)

District Registrar Office Coimbatore (south), Fifth Floor, Singapore Plaza, Crosscut Road, Gandhipuram, Coimbatore 641012.
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[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Boyar Street

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Boyar Street guideline value

The current guideline value of Boyar Street in Odaiyakulam village is Rs 250 per sq.ft, effective from the 2024 revision. This street falls under the Anaimalai SRO and is classified as Residential Class I Type - I.

How the guideline value of Boyar Street has changed

The guideline value for Boyar Street has undergone several revisions over the years. In 2002, the value was Rs 45 per sq.ft, which increased to Rs 65 per sq.ft in 2007, marking a 44% rise. The value then saw a substantial increase of 285% to reach Rs 250 per sq.ft in 2012. However, it dropped by 33% to Rs 167 per sq.ft in 2017. The 2023 revision maintained the value at Rs 250 per sq.ft, and the 2024 revision also reflects the same figure, indicating no change from the previous year. It is important to note that the register has no figure for Boyar Street for the year 2003.

Overall, from 2002 to 2024, the guideline value has increased by 456%. The changes between the revisions highlight fluctuations in the guideline value, particularly the significant rise from Rs 167 per sq.ft in 2017 to Rs 250 per sq.ft in 2023, which represents a 50% increase.

Guideline values in Odaiyakulam

In Odaiyakulam, there are 72 streets under the Anaimalai SRO that carry a 2024 guideline value ranging from Rs 101 to Rs 448 per sq.ft. The median value is Rs 200 per sq.ft, placing Boyar Street's 2024 value above this median.

Stamp duty and registration fee for property in Boyar Street

For a 1,000 sq.ft plot at the current guideline value of Rs 250 per sq.ft, the total guideline value amounts to Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, and the registration fee at 2% would be Rs 5,000, bringing the total fees to Rs 22,500. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more detailed calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Boyar Street?

The Sub Registrar Office that covers Boyar Street is the Anaimalai Sub Registrar Office, located at Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role when buying or selling property in Odaiyakulam. It serves as a benchmark for determining the stamp duty and registration fees applicable during the registration process. Buyers and sellers must consider the guideline value to ensure compliance with local regulations and to accurately calculate the associated costs.

When a property is registered, the guideline value is used to assess the stamp duty and registration fees, which are essential components of the transaction. This ensures that both parties are aware of the financial obligations involved in the property transfer, making it a vital aspect of real estate transactions in the area.

Frequently asked questions

What is the current guideline value of Boyar Street?

The current guideline value of Boyar Street is Rs 250 per sq.ft, effective from 1 July 2024.

What has been the guideline value trend for Boyar Street?

The guideline value for Boyar Street has changed several times, with the most recent revisions showing a value of Rs 250 per sq.ft in both 2023 and 2024, after a rise from Rs 167 per sq.ft in 2017.

How does the guideline value compare to other streets in Odaiyakulam?

Boyar Street's 2024 guideline value of Rs 250 per sq.ft is above the median value of Rs 200 per sq.ft for the 72 streets in Odaiyakulam. This indicates that Boyar Street has a higher valuation compared to many other streets in the village.

What are the stamp duty and registration fees for property in Boyar Street?

For a property valued at Rs 2,50,000, the stamp duty would be Rs 17,500, and the registration fee would be Rs 5,000, totaling Rs 22,500. These fees are based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Boyar Street located?

The Anaimalai Sub Registrar Office covers Boyar Street and is located at Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104. This office handles the registration of properties in the area.