Guideline Value for BAKTHAVACHALA NAGAR MAIN ROAD

Bakthavachala Nagar Main Road guideline value

The current guideline value of Bakthavachala Nagar Main Road is Rs 988 per sq.ft, effective from 1 July 2024. This street is located in Thandurai village, under the Avadi Sub Registrar Office (SRO), and is classified as Residential Class II Type - I.

How the guideline value of Bakthavachala Nagar Main Road has changed

The guideline value for Bakthavachala Nagar Main Road has undergone several revisions over the years. The earliest recorded revision 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, marking a -33% change. In 2023, the value increased to Rs 900 per sq.ft, and in the latest revision for 2024, it rose to Rs 988 per sq.ft, reflecting a +10% change from the previous year.

There are no recorded figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by +10%.

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 2024 figure for Bakthavachala Nagar Main Road.

• Bakthavachala Nagar: Rs 988 per sq.ft (2024)
• Bakthavachalam Street: Rs 988 per sq.ft (2024)
• Bakthavachala Street: Rs 988 per sq.ft (2024)
• Bakkiyammal Street ( Near Railway Station): Rs 1,300 per sq.ft (2024)
• Bakkiyambal Street Near Railway Station: Rs 1,300 per sq.ft (2024)
• Bakkiyambal St Railway Line (East): Rs 1,300 per sq.ft (2024)

Stamp duty and registration fee for property in Bakthavachala Nagar Main Road

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, and the registration fee at 2% would be Rs 19,760, bringing the total to 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 Bakthavachala Nagar Main Road?

The Bakthavachala Nagar Main Road is covered by 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 plays a crucial role during the registration process of property transactions in Thandurai. It is used to determine the applicable stamp duty and registration fees, which are calculated based on the guideline value or the sale price, whichever is higher.

When buying or selling property, it is essential to be aware of the guideline value as it directly impacts the financial obligations involved in the transaction. Ensuring that you have accurate information about the guideline value can help avoid any surprises during the registration process.

Frequently asked questions

What is the current guideline value of Bakthavachala Nagar Main Road?

The current guideline value of Bakthavachala Nagar Main Road is Rs 988 per sq.ft, effective from 1 July 2024.

How much 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 is the land classification for Bakthavachala Nagar Main Road?

Bakthavachala Nagar Main Road is classified as Residential Class II Type - I.

Where can I find the Sub Registrar Office for this area?

The Avadi Sub Registrar Office covers Bakthavachala Nagar Main Road and is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property with a guideline value of Rs 9,88,000 would incur a stamp duty of Rs 69,160 at 7%.