Guideline Value for B.S.B.TADI INDIA LTD

B.S.B.Tadi India Ltd guideline value

The current guideline value for B.S.B.Tadi India Ltd is Rs 2,200 per sq.ft, effective from 1 July 2024. This property is located in Karapakkam village, under the Neelankarai SRO, and falls under the Residential Class II Type - II land classification.

How the guideline value of B.S.B.Tadi India Ltd has changed

The guideline value for B.S.B.Tadi India Ltd has undergone several revisions over the years. The earliest recorded figure is from 2012, which was Rs 2,000 per sq.ft. This was followed by a decrease to Rs 1,340 per sq.ft in 2017. The value then increased to Rs 2,000 per sq.ft in 2023 and further rose to Rs 2,200 per sq.ft in 2024.

Between the revisions, the changes were significant. From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value increased by 49%. The most recent change from 2023 to 2024 saw an increase of 10%. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Karapakkam

In Karapakkam, there are 185 streets under the Neelankarai SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 10,700 per sq.ft. The median value for these streets is Rs 1,700 per sq.ft, placing B.S.B.Tadi India Ltd's 2024 figure above that median.

• Burial Ground Road: Rs 1,000 per sq.ft (2024)
• Chockalingam Garden: Rs 1,100 per sq.ft (2024)
• Crystal: Rs 8,500 per sq.ft (2024)
• Darmaraja Koil Road: Rs 1,100 per sq.ft (2024)
• Barathyar Street: Rs 2,200 per sq.ft (2024)
• BARATHI DASAN STREET 2nd CROSS: Rs 1,700 per sq.ft (2024)

Stamp duty and registration fee for property in B.S.B.Tadi India Ltd

For a 1,000 sq.ft plot at the current rate of Rs 2,200 per sq.ft, the guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, totaling Rs 1,98,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers B.S.B.Tadi India Ltd?

The Sub Registrar Office that covers B.S.B.Tadi India Ltd is the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Karapakkam. It serves as the basis for calculating stamp duty and registration fees, ensuring that the transaction is recorded at a fair value as determined by the government.

When a property is sold, the guideline value helps establish a minimum threshold for the sale price. If the sale price is lower than the guideline value, the duty is calculated based on the guideline value, ensuring compliance with regulatory requirements.

Frequently asked questions

What is the current guideline value for B.S.B.Tadi India Ltd?

The current guideline value for B.S.B.Tadi India Ltd is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,000 per sq.ft in 2012 to Rs 1,340 per sq.ft in 2017, then to Rs 2,000 per sq.ft in 2023, and finally to Rs 2,200 per sq.ft in 2024.

What is the registration fee for property in B.S.B.Tadi India Ltd?

The registration fee is calculated at 2% of the guideline value. For a property valued at Rs 22,00,000, the registration fee would be Rs 44,000.

Where is the Neelankarai Sub Registrar Office located?

The Neelankarai Sub Registrar Office is located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.

What is the median guideline value for streets in Karapakkam?

The median guideline value for streets in Karapakkam is Rs 1,700 per sq.ft, with B.S.B.Tadi India Ltd's value being above this median.