Guideline Value for Badrakaliyamman koil street

Badrakaliyamman koil street guideline value

The current guideline value of Badrakaliyamman koil street is Rs 1,002 per sq.ft, effective from 1 July 2024. This street is located in Uppilipalayam village, under the Singanallur SRO, and is classified as Residential Class II Type - II.

How the guideline value of Badrakaliyamman koil street has changed

The guideline value for Badrakaliyamman koil street has undergone several revisions over the years. The earliest recorded revision is from 2012, which set the value at Rs 800 per sq.ft. This was followed by a decrease to Rs 536 per sq.ft in 2017. The value then increased to Rs 1,000 per sq.ft in 2023, and the latest revision in 2024 has set the value at Rs 1,002 per sq.ft. There are no figures available for the revisions in 2002, 2003, and 2007.

Looking at the changes, from 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the guideline value increased significantly by 87%. Overall, from 2012 to 2024, the guideline value has risen by 25%.

Guideline values in Uppilipalayam

Uppilipalayam village has a total of 361 streets under the Singanallur SRO, with guideline values ranging from Rs 1,001 to Rs 6,160 per sq.ft as of 2024. The median guideline value in this village is Rs 1,232 per sq.ft, placing Badrakaliyamman koil street's current value below this median.

• Bajanai Kovil Street: Rs 1,002 per sq.ft (2024)
• Baladhandautham Nagar: Rs 2,016 per sq.ft (2024)
• Baladhandauthapuram: Rs 2,016 per sq.ft (2024)
• Balaji colony (nagar): Rs 1,680 per sq.ft (2024)
• Ayyar Layout: Rs 1,232 per sq.ft (2024)
• Ayyappa naidu street: Rs 1,002 per sq.ft (2024)

Stamp duty and registration fee for property in Badrakaliyamman koil street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,002 per sq.ft, the total guideline value amounts to Rs 10,02,000. The stamp duty at 7% would be Rs 70,140, and the registration fee at 2% would be Rs 20,040, leading to a total cost of Rs 90,180. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Badrakaliyamman koil street?

Badrakaliyamman koil street falls under the jurisdiction of the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, 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 Uppilipalayam

The guideline value plays a crucial role in property transactions in Uppilipalayam. It is used to determine the stamp duty and registration fees that buyers must pay when purchasing property. The guideline value is set by the Registration Department and is revised periodically to reflect changes in the market.

When buying or selling property, the guideline value helps ensure that transactions are conducted fairly and transparently. It provides a benchmark for property prices, which can help both buyers and sellers make informed decisions during the registration process.

Frequently asked questions

What is the current guideline value of Badrakaliyamman koil street?

The current guideline value of Badrakaliyamman koil street is Rs 1,002 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 800 per sq.ft in 2012 to Rs 536 per sq.ft in 2017, then to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,002 per sq.ft in 2024.

What is the land classification of Badrakaliyamman koil street?

Badrakaliyamman koil street is classified as Residential Class II Type - II.

Where can I find the Sub Registrar Office for this street?

The Singanallur Sub Registrar Office covers Badrakaliyamman koil street, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.

How is stamp duty calculated for properties in Badrakaliyamman koil street?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 10,02,000, the stamp duty would be Rs 70,140 at 7%.