Guideline Value for Bommanpatti - Annamar Kovil Street

Bommanpatti - Annamar Kovil Street guideline value

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

How the guideline value of Bommanpatti - Annamar Kovil Street has changed

The guideline value for Bommanpatti - Annamar Kovil Street has seen several revisions over the years. The 2007 revision set the value at Rs 96 per sq.ft, which increased significantly to Rs 400 per sq.ft in the 2012 revision. However, this value dropped to Rs 268 per sq.ft in the 2017 revision, before rising again to Rs 400 per sq.ft in both the 2023 and 2024 revisions. The register has no figures for the years 2002 and 2003.

From 2017 to 2023, the guideline value increased by 49%. The change from 2012 to 2017 saw a decrease of 33%, while the jump from 2007 to 2012 was a substantial 317%. Overall, from 2007 to 2024, the guideline value has increased by 317%.

Guideline values in Kavundapadi

In Kavundapadi, there are 137 streets under the Kavundapadi SRO with a 2024 guideline value ranging from Rs 250 to Rs 1,200 per sq.ft, where the median value is Rs 600 per sq.ft. The guideline value of Bommanpatti - Annamar Kovil Street is below this median.

• Bommanpatti Gandhi Street: Rs 400 per sq.ft (2024)
• Bommanpatti - Muthukumarasamy Kovil Street: Rs 400 per sq.ft (2024)
• Bommanpatti Ramasamy Street: Rs 400 per sq.ft (2024)
• Bommanpatti Road No 1: Rs 600 per sq.ft (2024)
• Bommanpatti Road No 2: Rs 600 per sq.ft (2024)
• Boomandigoundanur Main Road: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Bommanpatti - Annamar Kovil Street

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

Which Sub Registrar Office covers Bommanpatti - Annamar Kovil Street?

The Sub Registrar Office that covers Bommanpatti - Annamar Kovil Street is the Kavundapadi Sub Registrar Office, located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value is essential in the registration process of property transactions in Kavundapadi. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transfer of property ownership.

When buying or selling property, the guideline value helps ensure that the transaction is recorded accurately and in compliance with local regulations. It is crucial for both buyers and sellers to be aware of the current guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Bommanpatti - Annamar Kovil Street?

The current guideline value of Bommanpatti - Annamar 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 has undergone several revisions, with the most recent values being Rs 400 per sq.ft in 2023 and 2024. The value was Rs 268 per sq.ft in 2017, and Rs 400 per sq.ft in 2012, showing significant changes over the years.

What is the land classification for this street?

Bommanpatti - Annamar Kovil Street is classified as Residential Class I Type - III, which indicates its intended use for residential purposes.

Where can I find the Kavundapadi Sub Registrar Office?

The Kavundapadi Sub Registrar Office is located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone.

How is stamp duty calculated for property transactions?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 4,00,000, the stamp duty would be 7% of that amount.