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Guideline Value

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Guideline Value for BAJANAI KOIL ST BACK SIDE

₹988/sq.ft.

The guideline value for Bajanai Koil St Back Side in Thandurai village (Avadi SRO, Chennai zone) is Rs 988 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thandurai

Village

Avadi

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹988 /sq.ft.
From 1-4-2023 ₹900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹603 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹900 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Sub Registrar Office, Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District
044-26558484
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Bajanai Koil St Back Side

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Bajanai Koil St Back Side guideline value

The current guideline value of Bajanai Koil St Back Side is Rs 988 per sq.ft, effective from 1 July 2024. This street is located in Thandurai village under the Avadi SRO, and it falls under the Residential Class II Type - I land classification.

How the guideline value of Bajanai Koil St Back Side has changed

The guideline value for Bajanai Koil St Back Side has seen several revisions over the years. The 2012 revision set the value at Rs 900 per sq.ft, which remained unchanged in 2023. However, in 2017, the value was reduced to Rs 603 per sq.ft. The 2023 revision increased it to Rs 900 per sq.ft, and the latest 2024 revision raised it further to Rs 988 per sq.ft, marking a 10% increase from 2023.

Notably, the guideline value has fluctuated significantly between revisions. From 2017 to 2023, there was a substantial increase of 49%. Comparatively, the value dropped by 33% from 2012 to 2017. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register has no figure for the years 2002, 2003, and 2007 for this street.

Guideline values in Thandurai

In Thandurai, there are 331 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 800 to Rs 2,640 per sq.ft. The median value is Rs 988 per sq.ft, which is equal to the guideline value of Bajanai Koil St Back Side.

Stamp duty and registration fee for property in Bajanai Koil St Back Side

For a 1,000 sq.ft plot at the current rate of Rs 988 per sq.ft, the guideline value amounts to Rs 9,88,000. The stamp duty at 7% would be Rs 69,160, and the registration fee at 2% would be Rs 19,760, totaling Rs 88,920. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Bajanai Koil St Back Side?

The Bajanai Koil St Back Side falls under the jurisdiction of the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. To find your SRO, visit find your SRO.

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

The guideline value plays a crucial role during the registration of property transactions in Thandurai. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property, the guideline value is referenced to calculate the applicable fees. Buyers should be aware that the stamp duty and registration fees are based on the guideline value or the sale price, whichever is higher, making it essential to understand the current guideline value for accurate financial planning.

Frequently asked questions

What is the current guideline value of Bajanai Koil St Back Side?

The current guideline value of Bajanai Koil St Back Side is Rs 988 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, with the most recent increase being from Rs 900 per sq.ft in 2023 to Rs 988 per sq.ft in 2024, a 10% rise. The value was Rs 603 per sq.ft in 2017 and Rs 900 per sq.ft in 2012.

What is the land classification for Bajanai Koil St Back Side?

Bajanai Koil St Back Side is classified as Residential Class II Type - I, indicating its suitability for residential purposes.

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

For a property valued at Rs 9,88,000, the stamp duty would be Rs 69,160, and the registration fee would be Rs 19,760, totaling Rs 88,920. These fees are based on the guideline value or sale price, whichever is higher.

Which Sub Registrar Office covers this street?

The Avadi Sub Registrar Office covers Bajanai Koil St Back Side, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.