Guideline Value for BOYAR STREET

Boyar Street guideline value

The current guideline value of Boyar Street is Rs 250 per sq.ft, effective from 1 July 2024. This street is located in Pattanam village under the Singanallur SRO and is classified as Residential Class II Type - IV.

How the guideline value of Boyar Street has changed

The guideline value register for Boyar Street shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The latest revision in 2024 set the guideline value at Rs 250 per sq.ft.

Prior to the 2024 revision, there were no recorded figures for Boyar Street in the guideline value register. Therefore, the current value represents the first official guideline value for this street.

Guideline values in Pattanam

Pattanam village has a total of 220 streets under the Singanallur SRO that carry a 2024 guideline value. The values range from Rs 165 to Rs 1,815 per sq.ft, with a median of Rs 220 per sq.ft. Boyar Street's 2024 figure of Rs 250 per sq.ft is above this median.

• Boopathy Nagar: Rs 330 per sq.ft (2024)
• Buvaragan Garden Phase I II III: Rs 220 per sq.ft (2024)
• Chakra Garden: Rs 330 per sq.ft (2024)
• Church Street: Rs 220 per sq.ft (2024)
• Dhanalakshmi Nagar: Rs 165 per sq.ft (2024)
• Diamond Avenue: Rs 165 per sq.ft (2024)

Stamp duty and registration fee for property in Boyar Street

For a 1,000 sq.ft plot at the current rate of Rs 250 per sq.ft, the 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, totaling Rs 22,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, 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 Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in property transactions in Pattanam. It is used to determine the stamp duty and registration fees payable when a property is bought or sold.

When registering a property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency and legality in property dealings.

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 land classification does Boyar Street fall under?

Boyar Street is classified as Residential Class II Type - IV.

How many streets in Pattanam have a 2024 guideline value?

There are 220 streets in Pattanam that carry a 2024 guideline value, ranging from Rs 165 to Rs 1,815 per sq.ft.

What is the stamp duty rate applicable in Boyar Street?

The stamp duty rate applicable in Boyar Street is 7% of the guideline value or the sale price, whichever is higher.

Where is the Singanallur Sub Registrar Office located?

The Singanallur Sub Registrar Office is located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone.