Guideline Value for BOYAR THERU

Boyar Theru guideline value

The current guideline value of Boyar Theru is Rs 125 per sq.ft, effective from 1 July 2024. This street is located in Thenamanallur village under the Thondamuthur SRO, classified as Residential Class I Type - II.

How the guideline value of Boyar Theru has changed

Looking back at the revisions, the guideline value for Boyar Theru was Rs 110 per sq.ft in 2012. It then decreased to Rs 74 per sq.ft in 2017. Following this, the value increased significantly to Rs 111 per sq.ft in 2023, marking a 50% rise from the 2017 figure. The most recent revision in 2024 has further increased the guideline value to Rs 125 per sq.ft, representing a 13% increase from the previous year.

It is important to note that 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 seen a net increase of 14%.

Guideline values in Thenamanallur

In Thenamanallur, there are 28 streets under the Thondamuthur SRO that carry a 2024 guideline value, ranging from Rs 105 to Rs 500 per sq.ft. The median value among these streets is Rs 125 per sq.ft, which is the same as the current guideline value for Boyar Theru.

• Gandhiji Colony: Rs 106 per sq.ft (2024)
• Ganesh Garden: Rs 106 per sq.ft (2024)
• Apple Garden: Rs 135 per sq.ft (2024)
• Amman Nagar: Rs 125 per sq.ft (2024)
• Ambedkar Colony: Rs 125 per sq.ft (2024)
• Aishwarya Garden: Rs 106 per sq.ft (2024)

Stamp duty and registration fee for property in Boyar Theru

For a 1,000 sq.ft plot at the current guideline value of Rs 125 per sq.ft, the total guideline value amounts to Rs 1,25,000. The stamp duty at 7% would be Rs 8,750, and the registration fee at 2% would be Rs 2,500, bringing the total fees to Rs 11,250. It is important to note that the 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 detailed calculations.

Which Sub Registrar Office covers Boyar Theru?

The Sub Registrar Office that covers Boyar Theru is the Thondamuthur Sub Registrar Office, located at 5/33, Chinnammal Complex, Mappillai Gounder Thottam, Narasipuram Main Road, Thondamuthur, Perur Taluk, Coimbatore - 641 108, in the Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Thenamanallur. It is the minimum value set by the government for property transactions, ensuring that properties are registered at a value that reflects their worth according to official assessments.

When a property is sold, the buyer and seller must adhere to this guideline value during registration. The stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Boyar Theru?

The current guideline value of Boyar Theru is Rs 125 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 110 per sq.ft in 2012 to Rs 125 per sq.ft in 2024, with notable increases in the intervening years.

What is the land classification for Boyar Theru?

Boyar Theru is classified as Residential Class I Type - II, indicating its suitability for residential development.

Where can I calculate stamp duty and registration fees?

You can calculate stamp duty and registration fees using the stamp duty and registration fee calculator available online.

Which office handles registrations for Boyar Theru?

The Thondamuthur Sub Registrar Office handles registrations for Boyar Theru, located at 5/33, Chinnammal Complex, Mappillai Gounder Thottam, Narasipuram Main Road, Thondamuthur, Perur Taluk, Coimbatore - 641 108.