Guideline Value for Boopathi Raja Nagar

Boopathi Raja Nagar guideline value

The current guideline value of Boopathi Raja Nagar is Rs 1,001 per sq.ft, effective from 1 July 2024. This area is located in Vadavalli village, under the Vadavalli SRO, and is classified as Residential Class I Type - III.

How the guideline value of Boopathi Raja Nagar has changed

The guideline value for Boopathi Raja Nagar has seen several revisions over the years. In 2007, the value was set at Rs 100 per sq.ft. This increased significantly to Rs 700 per sq.ft in 2012, marking a 600% rise. However, by 2017, the value decreased to Rs 469 per sq.ft, reflecting a 33% drop. The value then rose sharply to Rs 1,000 per sq.ft in 2023, and currently stands at Rs 1,001 per sq.ft from the 2024 revision, showing no change from the previous year.

There are no figures available for the years 2002 and 2003 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 901%.

Guideline values in Vadavalli

In Vadavalli, there are 461 streets under the Vadavalli SRO with a 2024 guideline value ranging from Rs 1,000 to Rs 2,200 per sq.ft, with a median value of Rs 1,100 per sq.ft. The guideline value of Boopathi Raja Nagar is below this median.

• Bommiyamman Kovil Street: Rs 1,000 per sq.ft (2024)
• Bommanampalayam Extension: Rs 1,001 per sq.ft (2024)
• Bommanampalayam: Rs 1,001 per sq.ft (2024)
• BPC Nagar: Rs 1,100 per sq.ft (2024)
• BPR Nagar: Rs 1,100 per sq.ft (2024)
• Brindavan Arcade: Rs 1,002 per sq.ft (2024)

Stamp duty and registration fee for property in Boopathi Raja Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,001 per sq.ft, the total guideline value would be Rs 10,01,000. The stamp duty at 7% would amount to Rs 70,070, and the registration fee at 2% would be Rs 20,020, bringing the total fees to Rs 90,090. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Boopathi Raja Nagar?

The Sub Registrar Office that covers Boopathi Raja Nagar is the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046. You can find your SRO for more information.

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

The guideline value is an important aspect in the registration process of property transactions in Vadavalli. It is used to determine the stamp duty and registration fees that need to be paid during the sale or purchase of a property.

When you buy or sell property, the guideline value ensures that the transaction is recorded at a fair value as per the government regulations. This helps in maintaining transparency and accountability in property dealings.

Frequently asked questions

What is the current guideline value of Boopathi Raja Nagar?

The current guideline value of Boopathi Raja Nagar is Rs 1,001 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 100 per sq.ft in 2007 to Rs 1,001 per sq.ft in 2024, showing an overall increase of 901% over the years.

What is the stamp duty for a property in Boopathi Raja Nagar?

The stamp duty for a property in Boopathi Raja Nagar is calculated at 7% of the guideline value. For a 1,000 sq.ft plot, this amounts to Rs 70,070.

Where can I find the Sub Registrar Office for Boopathi Raja Nagar?

The Sub Registrar Office for Boopathi Raja Nagar is located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.

What are the guideline values of other streets in Vadavalli?

Other streets in Vadavalli have varying guideline values, with rates ranging from Rs 1,000 to Rs 2,200 per sq.ft. The median value in the area is Rs 1,100 per sq.ft.