Guideline Value for Boodhi Veedhi

Boodhi Veedhi guideline value

The current guideline value of Boodhi Veedhi is Rs 1,003 per sq.ft, effective from 1 July 2024. This street is located in Telgupalayam village, under the Coimbatore South Joint 1 SRO, and is classified as Residential Class III Type - I.

How the guideline value of Boodhi Veedhi has changed

According to the register, the guideline value for Boodhi Veedhi has seen several revisions. The last recorded figure before the current one was Rs 1,000 per sq.ft from the 2023 revision. Prior to that, the register has no figure for the years 2017, 2012, 2007, 2003, and 2002.

From 2023 to 2024, there was no change in the guideline value, remaining at Rs 1,003 per sq.ft. The previous figures do not indicate any values for the earlier revisions, as the register has no figure for this street in those years.

Guideline values in Telgupalayam

In Telgupalayam, there are 223 streets under the Coimbatore South Joint 1 SRO, with guideline values ranging from Rs 1,000 to Rs 4,000 per sq.ft. The median guideline value in this area is Rs 1,002 per sq.ft, placing Boodhi Veedhi's 2024 figure above that median.

• Chennimalai Andavar Nagar: Rs 1,000 per sq.ft (2024)
• Chindabaranar Veedhi: Rs 1,001 per sq.ft (2024)
• Chinnanna Chettiar Street: Rs 1,000 per sq.ft (2024)
• Chinnasamy Naidu Thottam: Rs 1,000 per sq.ft (2024)
• Chinnash Konar Street: Rs 1,002 per sq.ft (2024)
• Chinnaswamy Nagar: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Boodhi Veedhi

For a 1,000 sq.ft plot at the current rate of Rs 1,003 per sq.ft, the guideline value would be Rs 10,03,000. The stamp duty at 7% would amount to Rs 70,210, and the registration fee at 2% would be Rs 20,060, totaling Rs 90,270. 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 details.

Which Sub Registrar Office covers Boodhi Veedhi?

Boodhi Veedhi falls under 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 Telgupalayam

The guideline value is a critical factor in the registration process when buying or selling property in Telgupalayam. It serves as the basis for calculating the stamp duty and registration fees, ensuring that transactions are recorded accurately according to government regulations.

When you register a property, the guideline value helps determine the minimum value at which the property can be sold or transferred. This ensures that all parties are aware of the legal obligations and costs involved in the transaction.

Frequently asked questions

What is the current guideline value of Boodhi Veedhi?

The current guideline value of Boodhi Veedhi is Rs 1,003 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Boodhi Veedhi was Rs 1,000 per sq.ft in 2023. There are no recorded figures for the years 2017, 2012, 2007, 2003, and 2002.

What is the land classification for Boodhi Veedhi?

Boodhi Veedhi is classified as Residential Class III Type - I, indicating its suitability for residential purposes.

What are the stamp duty and registration fees for a property in Boodhi Veedhi?

For a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 90,270 based on the current guideline value of Rs 10,03,000.

Which office handles property registrations for Boodhi Veedhi?

The Coimbatore South Joint 1 Sub Registrar Office handles property registrations for Boodhi Veedhi, located at No.410a, Raja Street, Coimbatore-641001.