Guideline Value for BAIJU NARSIMHA PRIVATE LIMITED

Baiju Narsimha Private Limited guideline value

The current guideline value of Baiju Narsimha Private Limited is Rs 100 per sq.ft, as per the 2023 revision. This property is located in Marutham village, under the Walajabad SRO. There is no specific land classification available for this street.

How the guideline value of Baiju Narsimha Private Limited has changed

In the 2012 revision, the guideline value was Rs 90 per sq.ft. This figure changed to Rs 60 per sq.ft in the 2017 revision, marking a decrease of 33%. However, from 2017 to the 2023 revision, the guideline value increased by 67%, reaching the current rate of Rs 100 per sq.ft.

Overall, from the 2012 revision to the 2023 revision, the guideline value has seen a slight increase of 11%. It is important to note that the register has no figures for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Marutham

In Marutham village, there are eight streets under the Walajabad SRO that have a guideline value for 2024, ranging from Rs 100 to Rs 300 per sq.ft, with a median of Rs 150 per sq.ft. Baiju Narsimha Private Limited is currently valued at Rs 100 per sq.ft.

• M.K.V Avenue: Rs 150 per sq.ft (2024)
• Sharon Nagar: Rs 150 per sq.ft (2024)
• Sri Madhu Nagar Phase -I: Rs 150 per sq.ft (2024)
• Sumathi Ammal Nagar: Rs 300 per sq.ft (2024)
• Thirupathy Nagar: Rs 100 per sq.ft (2024)
• Thirupathy Nagar Extension: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Baiju Narsimha Private Limited

For a 1,000 sq.ft plot at the current guideline value of Rs 100 per sq.ft, the total guideline value amounts to Rs 1,00,000. The stamp duty at 7% would be Rs 7,000, and the registration fee at 2% would be Rs 2,000, totaling Rs 9,000. Duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Baiju Narsimha Private Limited?

The Sub Registrar Office that covers Baiju Narsimha Private Limited is the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for more information.

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

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

When registering a property, the guideline value is compared to the sale price, and the duty is charged on the higher of the two amounts. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Baiju Narsimha Private Limited?

The current guideline value of Baiju Narsimha Private Limited is Rs 100 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 90 per sq.ft in 2012 to Rs 60 per sq.ft in 2017, and then increased to Rs 100 per sq.ft in 2023.

What are the stamp duty and registration fees for property in Baiju Narsimha Private Limited?

For a 1,000 sq.ft plot, the total guideline value is Rs 1,00,000. The stamp duty would be Rs 7,000 and the registration fee would be Rs 2,000, totaling Rs 9,000.

Which Sub Registrar Office covers Baiju Narsimha Private Limited?

The Walajabad Sub Registrar Office covers Baiju Narsimha Private Limited, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone.

Are there any revisions with no figures for Baiju Narsimha Private Limited?

Yes, the revisions for the years 2002, 2003, 2007, and 2024 have no figures available for Baiju Narsimha Private Limited in the guideline value register.