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Guideline value, street

Guideline Value for Boomandigoundanur Main Road(463/3to17, 469/1to5, 472/3to8, 473/4,5,475/2,3,4 474/2,3,4,476/1to4)

₹400/sq.ft.effective 1 July 2024

Coimbatore zone Kavundapadi village Kavundapadi SRO Residential Class I Type - Iii

The guideline value for Boomandigoundanur Main Road(463/3to17, 469/1to5, 472/3to8, 473/4,5,475/2,3,4 474/2,3,4,476/1to4) in Kavundapadi village (Kavundapadi SRO, Coimbatore zone) is Rs 400 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

History
Period Guideline Value
From 1-7-2024 ₹400 /sq.ft.
From 1-4-2023 ₹400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹268 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹400 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹96 /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 Main Road(463/3to17, 469/1to5, 472/3to8, 473/4,5,475/2,3,4 474/2,3,4,476/1to4)

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Boomandigoundanur Main Road(463/3to17, 469/1to5, 472/3to8, 473/4,5,475/2,3,4 474/2,3,4,476/1to4) guideline value

The current guideline value for Boomandigoundanur Main Road is Rs 400 per sq.ft, effective from 1 July 2024. This road is located in Kavundapadi village and falls under the Kavundapadi SRO. The land classification for this area is Residential Class I Type - III.

How the guideline value of Boomandigoundanur Main Road(463/3to17, 469/1to5, 472/3to8, 473/4,5,475/2,3,4 474/2,3,4,476/1to4) has changed

The guideline value for Boomandigoundanur Main Road has seen several revisions over the years. In 2007, the value was Rs 96 per sq.ft, which increased significantly to Rs 400 per sq.ft in 2012. However, it then decreased to Rs 268 per sq.ft in 2017, before rising again to Rs 400 per sq.ft in both 2023 and 2024. The register has no figures for the years 2002 and 2003.

From 2017 to 2023, there was a notable increase of 49%. The value remained the same from 2023 to 2024, indicating no change during that period. 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 that carry a 2024 guideline value ranging from Rs 250 to Rs 1,200 per sq.ft, with a median value of Rs 600 per sq.ft. The guideline value for Boomandigoundanur Main Road is below this median.

Stamp duty and registration fee for property in Boomandigoundanur Main Road(463/3to17, 469/1to5, 472/3to8, 473/4,5,475/2,3,4 474/2,3,4,476/1to4)

For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total 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, bringing the total cost for these fees to 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 further calculations.

Which Sub Registrar Office covers Boomandigoundanur Main Road(463/3to17, 469/1to5, 472/3to8, 473/4,5,475/2,3,4 474/2,3,4,476/1to4)?

The Sub Registrar Office that covers Boomandigoundanur Main Road 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 Kavundapadi

The guideline value plays a crucial role in the registration process of property transactions in Kavundapadi. It is used to determine the stamp duty and registration fees, which are mandatory for legalizing property transfers. Buyers and sellers must consider this value to ensure compliance with local regulations.

When a property is sold, the guideline value is compared with the sale price, and the higher amount is used to calculate the stamp duty. This ensures that the government receives the appropriate revenue from property transactions, reflecting the value of the property in the market.

Frequently asked questions

What is the current guideline value for Boomandigoundanur Main Road?

The current guideline value for Boomandigoundanur Main Road is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 96 per sq.ft in 2007 to Rs 400 per sq.ft in 2012, then decreased to Rs 268 per sq.ft in 2017, and has remained at Rs 400 per sq.ft in 2023 and 2024.

What is the land classification for Boomandigoundanur Main Road?

The land classification for Boomandigoundanur Main Road is Residential Class I Type - III.

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 properties in Boomandigoundanur Main Road?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 4,00,000, the stamp duty would be Rs 28,000 at 7%.