Guideline Value for BAIJU SRIVIDYA REAL ESTATES PRIVATE LIMITED

Baiju Srividya Real Estates Private Limited guideline value

The current guideline value of Baiju Srividya Real Estates Private Limited is Rs 100 per sq.ft. 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 Srividya Real Estates Private Limited has changed

The guideline value has undergone several revisions over the years. In the 2012 revision, the guideline value was Rs 90 per sq.ft. This figure decreased to Rs 60 per sq.ft in the 2017 revision, marking a decline of 33%. However, in the most recent 2023 revision, the guideline value increased to Rs 100 per sq.ft, reflecting a change of 67% from the previous figure.

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 there are no figures available 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 Srividya Real Estates 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 Srividya Real Estates Private Limited

For a 1,000 sq.ft plot at the current rate of Rs 100 per sq.ft, the 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. 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 Baiju Srividya Real Estates Private Limited?

The Baiju Srividya Real Estates Private Limited is covered by the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. To find your specific SRO, you can find your SRO.

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

The guideline value is a crucial factor during property registration in Marutham. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately.

When buying or selling property, the guideline value helps in calculating the applicable stamp duty and registration fees. These fees are based on the guideline value or the sale price, whichever is higher, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Baiju Srividya Real Estates Private Limited?

The current guideline value for Baiju Srividya Real Estates 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 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.

Are there any revisions with no figures for this street?

Yes, there are no figures available for the revisions in 2002, 2003, 2007, and 2024 for Baiju Srividya Real Estates Private Limited.

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

For a 1,000 sq.ft plot, the total stamp duty and registration fees amount to Rs 9,000 based on the current guideline value of Rs 1,00,000.

Which office handles the registration for properties in this area?

The Walajabad Sub Registrar Office handles the registration for properties in the area of Baiju Srividya Real Estates Private Limited.