Guideline Value

Corporate

Guideline Value for Bogar Street

₹275/sq.ft.

The guideline value for Bogar Street in Vellalore village (Singanallur SRO, Coimbatore zone) is Rs 275 per sq.ft, effective 1 July 2024. It was Rs 250 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Vellalore

Village

Singanallur

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹275 /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 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111
0422-2579455
[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]

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Bogar Street guideline value

The current guideline value of Bogar Street in Vellalore village is Rs 275 per sq.ft, effective from 1 July 2024. This street falls under the Singanallur SRO and is classified as Residential Class II Type - II.

How the guideline value of Bogar Street has changed

The guideline value for Bogar Street has undergone several revisions since 2007. In the 2007 revision, the value was Rs 65 per sq.ft, which increased significantly to Rs 250 per sq.ft in the 2012 revision, marking a rise of 285%. However, it then decreased to Rs 167 per sq.ft in the 2017 revision, a drop of 33%. The subsequent revision in 2023 saw the value rise to Rs 250 per sq.ft, and the most recent revision in 2024 established the current value at Rs 275 per sq.ft, reflecting a 10% increase from the previous year.

It is important to note that there are no figures available for Bogar Street in the 2002 and 2003 revisions. Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 323%.

Guideline values in Vellalore

In Vellalore, there are 307 streets under the Singanallur SRO that carry a 2024 guideline value, ranging from Rs 210 to Rs 3,850 per sq.ft, with a median value of Rs 330 per sq.ft. The guideline value of Bogar Street is below this median.

Stamp duty and registration fee for property in Bogar Street

For a 1,000 sq.ft plot at the current rate of Rs 275 per sq.ft, the guideline value would be Rs 2,75,000. The stamp duty at 7% would amount to Rs 19,250, and the registration fee at 2% would be Rs 5,500, totaling Rs 24,750. 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 details.

Which Sub Registrar Office covers Bogar Street?

Bogar 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. You can find your SRO for more information.

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

The guideline value is an essential reference point for property transactions in Vellalore. When buying or selling property, the guideline value helps determine the applicable stamp duty and registration fees, which are calculated based on this value or the sale price, whichever is higher.

During the registration process, the guideline value ensures that the property is assessed fairly for taxation purposes. This value is regularly updated to reflect changes in the real estate market and is crucial for both buyers and sellers to understand their financial obligations.

Frequently asked questions

What is the current guideline value of Bogar Street?

The current guideline value of Bogar Street is Rs 275 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, from Rs 65 per sq.ft in 2007 to Rs 275 per sq.ft in 2024, reflecting an overall increase of 323%.

What is the stamp duty on property in Bogar Street?

The stamp duty on property in Bogar Street is 7% of the guideline value or sale price, whichever is higher. For a property valued at Rs 2,75,000, the stamp duty would be Rs 19,250.

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.

What are the other streets in Vellalore with guideline values?

Other streets in Vellalore include Boomi nathan pillai Street at Rs 330 per sq.ft, Boothandi Kovil st at Rs 220 per sq.ft, Chettipalayam Road at Rs 330 per sq.ft, Dhanalakshmi Nagar at Rs 440 per sq.ft, Bhuthar Street at Rs 220 per sq.ft, and Dhanalakshmi Nagar Extension at Rs 935 per sq.ft.