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Guideline Value

Corporate

Guideline Value for BAKKIYAMBAL ST RAILWAY LINE (EAST)

₹1300/sq.ft.

The guideline value for Bakkiyambal St Railway Line (east) in Thandurai village (Avadi SRO, Chennai zone) is Rs 1300 per sq.ft, effective 1 July 2024. It was Rs 1200 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Special Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thandurai

Village

Avadi

SRO

Residential Special Type - III
History
Period Guideline Value
From 1-7-2024 ₹1300 /sq.ft.
From 1-4-2023 ₹1200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹804 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1200 /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 Bakkiyambal St Railway Line (east)

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Bakkiyambal St Railway Line (East) guideline value

The current guideline value for Bakkiyambal St Railway Line (East) is Rs 1,300 per sq.ft, effective from 1 July 2024. This street is located in Thandurai village under the Avadi SRO, classified as Residential Special Type - III.

How the guideline value of Bakkiyambal St Railway Line (East) has changed

Over the years, the guideline value for Bakkiyambal St Railway Line (East) has seen several revisions. The 2012 revision set the value at Rs 1,200 per sq.ft, which was a decrease of 33% from the 2017 revision of Rs 804 per sq.ft. However, the value increased to Rs 1,200 per sq.ft again in 2023, followed by a further increase to Rs 1,300 per sq.ft in the 2024 revision, marking an 8% rise from the previous year.

From the 2017 revision to the 2023 revision, there was a significant increase of 49%. Overall, comparing the 2012 revision to the 2024 revision, the guideline value has increased by 8%. The register has no figures 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, with a median value of Rs 988 per sq.ft. The guideline value for Bakkiyambal St Railway Line (East) is above this median.

Stamp duty and registration fee for property in Bakkiyambal St Railway Line (East)

For a 1,000 sq.ft plot at the current rate of Rs 1,300 per sq.ft, the guideline value would be Rs 13,00,000. The stamp duty at 7% would amount to Rs 91,000, and the registration fee at 2% would be Rs 26,000, totaling Rs 1,17,000. 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 Bakkiyambal St Railway Line (East)?

The Bakkiyambal St Railway Line (East) 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. You can find your SRO for more details.

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

When buying or selling property in Thandurai, the guideline value is a crucial factor as it determines the stamp duty and registration fees applicable during the transaction. The guideline value reflects the minimum value at which the property can be registered, ensuring that the government receives appropriate revenue from property transactions.

It is important to note that the guideline value may vary across different streets and localities within Thandurai, impacting the overall cost of registration. Buyers and sellers should be aware of these values to ensure compliance with legal requirements during property transactions.

Frequently asked questions

What is the current guideline value for Bakkiyambal St Railway Line (East)?

The current guideline value for Bakkiyambal St Railway Line (East) is Rs 1,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,200 per sq.ft in 2012 to Rs 804 per sq.ft in 2017, then back to Rs 1,200 per sq.ft in 2023, and finally to Rs 1,300 per sq.ft in 2024.

What is the land classification for Bakkiyambal St Railway Line (East)?

The land classification for Bakkiyambal St Railway Line (East) is Residential Special Type - III.

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

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a property with a guideline value of Rs 13,00,000, the total fees would amount to Rs 1,17,000.

Which Sub Registrar Office covers this street?

The Avadi Sub Registrar Office covers Bakkiyambal St Railway Line (East), located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.