Guideline Value for Boothandi Kovil st

Boothandi Kovil st guideline value

The current guideline value of Boothandi Kovil st is Rs 220 per sq.ft, effective from 1 July 2024. This street is located in Vellalore village, under the Singanallur SRO, classified as Residential Class II Type - III.

How the guideline value of Boothandi Kovil st has changed

The guideline value for Boothandi Kovil st has seen several revisions over the years. The earliest recorded revision is from 2012, where the value was Rs 175 per sq.ft. This increased to Rs 117 per sq.ft in 2017, followed by a significant rise to Rs 200 per sq.ft in 2023, and finally reaching Rs 220 per sq.ft in the 2024 revision.

Between these revisions, the changes were notable. From 2012 to 2017, there was a decrease of 33%, but from 2017 to 2023, the value increased by 71%. The most recent change from 2023 to 2024 reflects a 10% increase. Overall, from 2012 to 2024, the guideline value has increased by 26%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Vellalore

In Vellalore, there are 307 streets under the Singanallur SRO that carry a 2024 guideline value, ranging from Rs 210 to Rs 3,850 per sq.ft, with a median of Rs 330 per sq.ft. Boothandi Kovil st's current value is below this median.

• Boomi nathan pillai Street: Rs 330 per sq.ft (2024)
• Bogar Street: Rs 275 per sq.ft (2024)
• Chettipalayam Road: Rs 330 per sq.ft (2024)
• Dhanalakshmi Nagar: Rs 440 per sq.ft (2024)
• Dhanalakshmi Nagar Extension: Rs 935 per sq.ft (2024)
• Bhuthar Street: Rs 220 per sq.ft (2024)

Stamp duty and registration fee for property in Boothandi Kovil st

For a 1,000 sq.ft plot at the current guideline value of Rs 220 per sq.ft, the total guideline value amounts to Rs 2,20,000. The stamp duty at 7% would be Rs 15,400, and the registration fee at 2% would be Rs 4,400, totaling Rs 19,800. Please note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Boothandi Kovil st?

The Sub Registrar Office that covers Boothandi Kovil st is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is crucial during property transactions in Vellalore, as it determines the minimum value at which a property can be registered. This value is used to calculate the stamp duty and registration fees, which are mandatory for legal documentation.

When buying or selling property, the guideline value ensures that the government receives the appropriate revenue through these fees. It is essential for both buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Boothandi Kovil st?

The current guideline value of Boothandi Kovil st is Rs 220 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 175 per sq.ft in 2012 to Rs 220 per sq.ft in 2024, with notable increases and decreases in between, including a 71% increase from 2017 to 2023.

What is the land classification of Boothandi Kovil st?

Boothandi Kovil st is classified as Residential Class II Type - III, indicating its suitability for residential purposes.

Where can I find the registration office for Boothandi Kovil st?

The registration office for Boothandi Kovil st is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.

How is stamp duty calculated for properties in Vellalore?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 2,20,000, the stamp duty would be Rs 15,400 at the current rate of 7%.