Guideline Value for Blake Mariamman Kovil Street

Blake Mariamman Kovil Street guideline value

The current guideline value of Blake Mariamman Kovil Street is Rs 400 per sq.ft, effective from 1 July 2024. This street is located in Perur village, under the Coimbatore South Joint 1 SRO, and is classified as Residential Class I Type - III.

How the guideline value of Blake Mariamman Kovil Street has changed

The guideline value for Blake Mariamman Kovil Street has seen several revisions over the years. The register has no figure for this street from the years 2002, 2003, 2007, 2012, and 2017. The most recent figures show a guideline value of Rs 360 per sq.ft from the 2023 revision, which increased to Rs 400 per sq.ft in the 2024 revision, marking an increase of 11%.

Prior to the 2023 revision, there were no available figures for the specified years. The 2024 revision aligns Blake Mariamman Kovil Street's guideline value with the median value of Rs 400 per sq.ft for the 45 streets in Perur under the Coimbatore South Joint 1 SRO.

Guideline values in Perur

In Perur, the guideline values range from Rs 280 to Rs 900 per sq.ft, with the median being Rs 400 per sq.ft. Blake Mariamman Kovil Street's 2024 figure matches this median, indicating a standard valuation within the area.

• Bharathy Puram: Rs 450 per sq.ft (2024)
• Attru Road: Rs 500 per sq.ft (2024)
• Chinna Kovil Street: Rs 500 per sq.ft (2024)
• Anna Nagar: Rs 400 per sq.ft (2024)
• Angalamman Kovil Street: Rs 500 per sq.ft (2024)
• Amman Kovil Street: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Blake Mariamman Kovil Street

For a 1,000 sq.ft plot at the current rate of Rs 400 per sq.ft, the guideline value would be Rs 4,00,000. The stamp duty at 7% would amount to Rs 28,000, and the registration fee at 2% would be Rs 8,000, totaling Rs 36,000. 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 Blake Mariamman Kovil Street?

The Sub Registrar Office that covers Blake Mariamman Kovil Street is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Perur. It is used to determine the stamp duty and registration fees that must be paid when buying or selling property.

When a property is sold, the guideline value serves as a benchmark for assessing the transaction value. Buyers and sellers must be aware of this value to ensure compliance with registration requirements and to calculate the associated costs accurately.

Frequently asked questions

What is the current guideline value of Blake Mariamman Kovil Street?

The current guideline value of Blake Mariamman Kovil Street is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 360 per sq.ft in 2023 to Rs 400 per sq.ft in 2024, marking an increase of 11%. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the stamp duty rate for properties in Blake Mariamman Kovil Street?

The stamp duty rate for properties in Blake Mariamman Kovil Street is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Blake Mariamman Kovil Street?

The Sub Registrar Office for Blake Mariamman Kovil Street is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001.

What is the land classification for Blake Mariamman Kovil Street?

Blake Mariamman Kovil Street is classified as Residential Class I Type - III under the Coimbatore South Joint 1 SRO.