Guideline Value for AASANBATH BATTARAI STREET (OR) TOLGATE

Aasanbath Battarai Street (Or) Tolgate guideline value

The current guideline value of Aasanbath Battarai Street (Or) Tolgate is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Kanchipuram Town village, under the Kanchipuram Joint I SRO, and is classified as Residential Class III Type - III.

How the guideline value of Aasanbath Battarai Street (Or) Tolgate has changed

The guideline value for Aasanbath Battarai Street (Or) Tolgate has seen several revisions over the years. In 2012, the value was set at Rs 1,000 per sq.ft, which remained unchanged until the next revision in 2017, where it dropped to Rs 670 per sq.ft, reflecting a decrease of 33%. Following this, the value increased significantly to Rs 1,000 per sq.ft in 2023, marking a 49% rise. The most recent revision in 2024 has further increased the guideline value to Rs 1,100 per sq.ft, representing a 10% increase from the previous year.

It is noteworthy that the register has no figures for this street in the years 2002, 2003, and 2007. This lack of data indicates that the guideline value has undergone significant fluctuations in the years where figures are available.

Guideline values in Kanchipuram Town

Kanchipuram Town has a total of 85 streets under the Kanchipuram Joint I SRO that carry a 2024 guideline value, ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value for these streets is Rs 1,650 per sq.ft, placing Aasanbath Battarai Street (Or) Tolgate's 2024 figure below this median.

• Achukattu: Rs 1,100 per sq.ft (2024)
• Apparao Street: Rs 1,210 per sq.ft (2024)
• Arutperumselvi Street: Rs 1,320 per sq.ft (2024)
• Bava Street: Rs 1,650 per sq.ft (2024)
• Chairman Sambasivam Street: Rs 1,100 per sq.ft (2024)
• Chappani Pillaiyar Kovil Street: Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in Aasanbath Battarai Street (Or) Tolgate

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total fees to Rs 99,000. It is important to note that duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Aasanbath Battarai Street (Or) Tolgate?

The Sub Registrar Office covering Aasanbath Battarai Street (Or) Tolgate is the Kanchipuram Joint I Sub Registrar Office, located at No.52 Orikkai Madura, Udhayamangalam Village, Near Anna Kudiyiruppu, Kanchipuram -631502, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor in property transactions in Kanchipuram Town. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value helps both buyers and sellers understand the valuation of the property in the context of local market conditions. It is crucial for ensuring compliance with legal requirements during the registration process.

Frequently asked questions

What is the current guideline value of Aasanbath Battarai Street (Or) Tolgate?

The current guideline value of Aasanbath Battarai Street (Or) Tolgate is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then increased to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,100 per sq.ft in 2024.

What is the registration office for Aasanbath Battarai Street (Or) Tolgate?

The registration office for Aasanbath Battarai Street (Or) Tolgate is the Kanchipuram Joint I Sub Registrar Office, located at No.52 Orikkai Madura, Udhayamangalam Village, Near Anna Kudiyiruppu, Kanchipuram -631502.

What are the stamp duty and registration fees for property in this area?

For a property valued at Rs 11,00,000, the stamp duty would be Rs 77,000 and the registration fee would be Rs 22,000, totaling Rs 99,000. These fees are calculated based on the guideline value or the sale price, whichever is higher.

How does the guideline value affect property transactions?

The guideline value affects property transactions by determining the minimum registration value for properties. It ensures that the government collects the appropriate stamp duty and registration fees during the registration process.