Guideline Value for Bore Gowder Street

Bore Gowder Street guideline value

The current guideline value of Bore Gowder Street is Rs 1,014 per sq.ft. This street is located in Thudiyalur village under the Periyanayakkan Palayam SRO, classified as Residential Class II Type - II.

How the guideline value of Bore Gowder Street has changed

The guideline value for Bore Gowder Street has undergone several revisions over the years. In 2012, the value was Rs 350 per sq.ft, which decreased to Rs 234 per sq.ft in 2017. This was a decline of 33%. However, from 2017 to 2023, the value saw a significant increase of 327%, rising to Rs 1,000 per sq.ft. The latest revision in 2024 set the value at Rs 1,014 per sq.ft, marking a 1% increase from the previous year.

There are no figures available for the revisions in 2002, 2003, and 2007 for Bore Gowder Street. Overall, the guideline value has increased by 190% from 2012 to 2024.

Guideline values in Thudiyalur

In Thudiyalur, there are 282 streets under the Periyanayakkan Palayam SRO with a 2024 guideline value ranging from Rs 1,001 to Rs 4,000 per sq.ft. The median value for these streets is Rs 1,019 per sq.ft, placing Bore Gowder Street's 2024 figure slightly below that median.

• Bore Gowder Layout: Rs 1,014 per sq.ft (2024)
• Cape Town: Rs 1,020 per sq.ft (2024)
• Cape Town Phase I: Rs 1,020 per sq.ft (2024)
• Cheran Colony (Ward No.4): Rs 1,022 per sq.ft (2024)
• Cheran Colony (Ward No.5): Rs 1,022 per sq.ft (2024)
• Deepshila Garden: Rs 1,019 per sq.ft (2024)

Stamp duty and registration fee for property in Bore Gowder Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,014 per sq.ft, the total guideline value amounts to Rs 10,14,000. The stamp duty, calculated at 7%, would be Rs 70,980, while the registration fee at 2% would be Rs 20,280, bringing the total fees to Rs 91,260. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Bore Gowder Street?

The Sub Registrar Office covering Bore Gowder Street is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020. You can find your SRO for more details.

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

The guideline value is a crucial factor when buying or selling property in Thudiyalur. It serves as a reference point for determining the stamp duty and registration fees that need to be paid during the registration process.

When a property is sold, the guideline value is used to ensure that the transaction is recorded accurately, and the appropriate taxes are collected. Buyers and sellers should 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 Bore Gowder Street?

The current guideline value of Bore Gowder Street is Rs 1,014 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 350 per sq.ft in 2012 to Rs 234 per sq.ft in 2017, then increased to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,014 per sq.ft in 2024.

What is the median guideline value in Thudiyalur?

The median guideline value for streets in Thudiyalur is Rs 1,019 per sq.ft, while Bore Gowder Street's 2024 figure is slightly below this median.

What are the stamp duty and registration fees for Bore Gowder Street?

For a 1,000 sq.ft plot, the total guideline value is Rs 10,14,000. The stamp duty would be Rs 70,980, and the registration fee would be Rs 20,280, totaling Rs 91,260.

Which Sub Registrar Office covers Bore Gowder Street?

The Periyanayakkan Palayam Sub Registrar Office covers Bore Gowder Street, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.