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Guideline Value

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Guideline Value for Boomandigoundanur (420/1,2,421/1,2,3, 425/6,7,8)

₹200/sq.ft.

The guideline value for Boomandigoundanur (420/1,2,421/1,2,3, 425/6,7,8) in P.mettupalayam village (Kavundapadi SRO, Coimbatore zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iii Type - V. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

P.mettupalayam

Village

Kavundapadi

SRO

Residential Class III Type - V
History
Period Guideline Value
From 1-7-2024 ₹200 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹33 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹50 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹21 /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)

Marutham Nagar Bye-pass Road, Kavundapadi.638455.
04256-242642/progress
[email protected]

DRO (District Registrar Office)

Integrated Reistration Complex, 81 Old Hospital Rd, Near Market, Gobichettipalayam - 638452
04285-222014
[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Boomandigoundanur (420/1,2,421/1,2,3, 425/6,7,8)

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Boomandigoundanur (420/1,2,421/1,2,3, 425/6,7,8) guideline value

The current guideline value for Boomandigoundanur (420/1,2,421/1,2,3, 425/6,7,8) is Rs 200 per sq.ft, effective from 1 July 2024. This area is located in P.Mettupalayam village under the Kavundapadi SRO, classified as Residential Class III Type - V.

How the guideline value of Boomandigoundanur (420/1,2,421/1,2,3, 425/6,7,8) has changed

Over the years, the guideline value for Boomandigoundanur has seen significant changes. The earliest recorded revision was in 2007, with a guideline value of Rs 21 per sq.ft. This increased to Rs 50 per sq.ft in 2012, but then dropped to Rs 33 per sq.ft in 2017. From 2017 to 2023, the value surged to Rs 200 per sq.ft, marking a 506% increase. The current guideline value of Rs 200 per sq.ft has remained unchanged since the 2023 revision.

There are no recorded figures for the years 2002 and 2003 for this street. Overall, from the 2007 revision to the current 2024 revision, the guideline value has increased by 852%.

Guideline values in P.Mettupalayam

P.Mettupalayam has a total of 65 streets under the Kavundapadi SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 300 per sq.ft, with a median value of Rs 200 per sq.ft. The guideline value for Boomandigoundanur aligns with this median.

Stamp duty and registration fee for property in Boomandigoundanur (420/1,2,421/1,2,3, 425/6,7,8)

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total to Rs 18,000. 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 Boomandigoundanur (420/1,2,421/1,2,3, 425/6,7,8)?

The Sub Registrar Office covering Boomandigoundanur 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 information.

How the guideline value is used when you buy or sell in P.Mettupalayam

The guideline value plays a crucial role in the registration process of properties in P.Mettupalayam. It is used to determine the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable fees. This ensures that the registration reflects a fair value for the property being transferred.

Frequently asked questions

What is the current guideline value of Boomandigoundanur?

The current guideline value of Boomandigoundanur (420/1,2,421/1,2,3, 425/6,7,8) is Rs 200 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 21 per sq.ft in 2007 to Rs 200 per sq.ft in 2024, which is an overall increase of 852% since 2007.

What are the stamp duty and registration fees for properties in this area?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a plot of 1,000 sq.ft, the total fees would amount to Rs 18,000.

Which Sub Registrar Office covers this area?

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

What is the land classification of Boomandigoundanur?

Boomandigoundanur is classified as Residential Class III Type - V, indicating its designated use for residential purposes.