Guideline Value for BAJANAI KOIL ST 4TH STREET

Bajanai Koil St 4th Street guideline value

The current guideline value of Bajanai Koil St 4th Street is Rs 988 per sq.ft, effective from 1 July 2024. This street is located in Thandurai village, under the Avadi SRO, and is classified as Residential Class II Type - I.

How the guideline value of Bajanai Koil St 4th Street has changed

The guideline value for Bajanai Koil St 4th Street has undergone several revisions over the years. The earliest available figure is from 2012, where the value was Rs 900 per sq.ft. This was followed by a decrease to Rs 603 per sq.ft in 2017, before increasing to Rs 900 per sq.ft again in 2023. The most recent revision in 2024 set the value at Rs 988 per sq.ft.

In terms of percentage changes, the value increased by 49% from 2017 to 2023, and then by 10% from 2023 to 2024. Overall, from 2012 to 2024, the guideline value has increased by 10%. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Thandurai

In Thandurai village, 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 among these streets is Rs 988 per sq.ft, which is the same as the guideline value for Bajanai Koil St 4th Street.

• Bajanai Koil St 3rd Street: Rs 988 per sq.ft (2024)
• Bajanai Koil St Back Side: Rs 988 per sq.ft (2024)
• Bajanai Koil St 2nd Street: Rs 988 per sq.ft (2024)
• Bajanai Koil St Devarajapuram M.T.H.Road Souther S: Rs 988 per sq.ft (2024)
• Bajanai Koil St 1st Street: Rs 988 per sq.ft (2024)
• Bajanai Koil St (M.T.H.Road Southern Side): Rs 988 per sq.ft (2024)

Stamp duty and registration fee for property in Bajanai Koil St 4th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 988 per sq.ft, the total guideline value would be Rs 9,88,000. The stamp duty at 7% would amount to Rs 69,160, while the registration fee at 2% would be Rs 19,760. Together, these fees would total 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 information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Bajanai Koil St 4th Street?

The Sub Registrar Office that covers Bajanai Koil St 4th Street is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

You can find your SRO for more details.

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

The guideline value is essential when buying or selling property in Thandurai, as it determines the stamp duty and registration fees payable at the time of transaction. This value is set by the Registration Department and is periodically revised to reflect changes in the real estate market.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that both buyers and sellers are aware of the costs involved in the transaction. It is crucial to check the latest guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Bajanai Koil St 4th Street?

The current guideline value of Bajanai Koil St 4th Street 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 from Rs 900 per sq.ft in 2012 to Rs 603 per sq.ft in 2017, then back to Rs 900 per sq.ft in 2023, and finally to Rs 988 per sq.ft in 2024.

What are the stamp duty and registration fees for properties on this street?

For a 1,000 sq.ft plot at the current rate, the guideline value is 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.

Which Sub Registrar Office covers this area?

The Avadi Sub Registrar Office covers Bajanai Koil St 4th Street, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

What is the land classification for Bajanai Koil St 4th Street?

Bajanai Koil St 4th Street is classified as Residential Class II Type - I, which indicates its suitability for residential development.