Guideline Value for Boran Alvarpettai (A/26/1 to 71)

Boran Alvarpettai (A/26/1 to 71) guideline value

The current guideline value for Boran Alvarpettai (A/26/1 to 71) is Rs 800 per sq.ft, effective from 1 July 2024. This property is located in the village of Coonoor, under the Coonoor_Uthagamandalam SRO, and is classified as Residential Class I Type - II.

How the guideline value of Boran Alvarpettai (A/26/1 to 71) has changed

Over the years, the guideline value for Boran Alvarpettai has seen several revisions. The 2012 revision set the value at Rs 800 per sq.ft, which remained unchanged in the 2023 revision. However, from 2017, when the value was Rs 536 per sq.ft, there was a significant increase of 49% to reach Rs 800 per sq.ft in 2023. The register has no figures for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, the guideline value decreased by 33%, but overall, from 2012 to 2024, it has remained constant at Rs 800 per sq.ft. The latest revision in 2024 did not change the rate compared to the previous year.

Guideline values in Coonoor Ward - A Block - 1

In Coonoor Ward - A Block - 1, there are 24 streets under the Coonoor_Uthagamandalam SRO that carry a 2024 guideline value ranging from Rs 600 to Rs 1,500 per sq.ft. The median value is Rs 800 per sq.ft, placing Boran Alvarpettai (A/26/1 to 71) at this median rate.

• Broke House Chellaram Telephone Exchange (A/25/1 to 52, A/24/1 to 66): Rs 800 per sq.ft (2024)
• Brook Lands (A/28/12/1A1)(Broke View Area (A/28/1 to 46): Rs 1,500 per sq.ft (2024)
• Cornwall Road West (A/24/1 to 66): Rs 800 per sq.ft (2024)
• Attadi Road (A/35/1 to 17): Rs 800 per sq.ft (2024)
• Attadi Road (A/35/19 to 31): Rs 800 per sq.ft (2024)
• Attadi Road (A/35/18): Rs 800 per sq.ft (2024)

Stamp duty and registration fee for property in Boran Alvarpettai (A/26/1 to 71)

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value would be Rs 8,00,000. The stamp duty at 7% would amount to Rs 56,000, and the registration fee at 2% would be Rs 16,000, making the total cost Rs 72,000. 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 Boran Alvarpettai (A/26/1 to 71)?

The Sub Registrar Office that covers Boran Alvarpettai (A/26/1 to 71) is the Coonoor_Uthagamandalam Sub Registrar Office, located at 80, Opposite To Subjail, Balaclava Road, Coonoor - 643 102, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Coonoor Ward - A Block - 1

The guideline value plays a crucial role in the registration process when buying or selling property in Coonoor Ward - A Block - 1. It serves as a benchmark for determining the applicable stamp duty and registration fees, ensuring that these costs are calculated based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Boran Alvarpettai (A/26/1 to 71)?

The current guideline value of Boran Alvarpettai (A/26/1 to 71) is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various changes, with the most recent revision in 2024 maintaining the value at Rs 800 per sq.ft. Notably, there was a 49% increase from Rs 536 per sq.ft in 2017 to Rs 800 per sq.ft in 2023.

Which Sub Registrar Office covers Boran Alvarpettai (A/26/1 to 71)?

The Coonoor_Uthagamandalam Sub Registrar Office covers Boran Alvarpettai (A/26/1 to 71), located at 80, Opposite To Subjail, Balaclava Road, Coonoor - 643 102, Coimbatore registration zone.

What is the stamp duty for property in Boran Alvarpettai (A/26/1 to 71)?

The stamp duty for property in Boran Alvarpettai is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot valued at Rs 8,00,000, the stamp duty would be Rs 56,000.

What is the land classification for Boran Alvarpettai (A/26/1 to 71)?

Boran Alvarpettai (A/26/1 to 71) is classified as Residential Class I Type - II, indicating its suitability for residential purposes within the area.