Guideline Value for BATHIRAKALI AMMAN KOIL STREET

Bathirakali Amman Koil Street guideline value

The current guideline value of Bathirakali Amman Koil Street is Rs 1,650 per sq.ft, effective from 1 July 2024. This street is located in KANCHIPURAM TOWN 3rd DIVISION under the Kanchipuram Joint II SRO, classified as Residential Class I Type - III.

How the guideline value of Bathirakali Amman Koil Street has changed

The guideline value for Bathirakali Amman Koil Street has seen significant changes over the years. In the 2007 revision, the value was Rs 400 per sq.ft, which increased dramatically to Rs 1,500 per sq.ft in 2012, marking a rise of 275%. However, the value then dropped to Rs 1,005 per sq.ft in 2017, a decrease of 33%. The 2023 revision set the value at Rs 1,500 per sq.ft, which increased to Rs 1,650 per sq.ft in the 2024 revision, reflecting a 10% increase.

Overall, from 2007 to 2024, the guideline value has increased by 313%. There are no figures available for the years 2002 and 2003 in the register for this street.

Guideline values in KANCHIPURAM TOWN 3rd DIVISION

In KANCHIPURAM TOWN 3rd DIVISION, there are 48 streets under the Kanchipuram Joint II SRO with a 2024 guideline value ranging from Rs 880 to Rs 5,500 per sq.ft. The median value is Rs 1,320 per sq.ft, making the current value of Bathirakali Amman Koil Street above this median.

• Avakuttai Street: Rs 1,320 per sq.ft (2024)
• Chengalvarayan Otha Vadai Street: Rs 880 per sq.ft (2024)
• Ananthoji Pandithar Street: Rs 1,320 per sq.ft (2024)
• Eagamugan Street: Rs 880 per sq.ft (2024)
• Aladi Pillaiyar Koil Street: Rs 4,400 per sq.ft (2024)
• Akkanam Palaya Street (A) Charman Samynathamudhali Street: Rs 880 per sq.ft (2024)

Stamp duty and registration fee for property in Bathirakali Amman Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value would be Rs 16,50,000. The stamp duty at 7% would be Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, making the total fees Rs 1,48,500. Please note that 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 Bathirakali Amman Koil Street?

The Kanchipuram Joint II Sub Registrar Office covers Bathirakali Amman Koil Street. The office is located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in KANCHIPURAM TOWN 3rd DIVISION

The guideline value plays a crucial role in the registration process of property transactions in KANCHIPURAM TOWN 3rd DIVISION. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling property.

When a property is registered, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Bathirakali Amman Koil Street?

The current guideline value of Bathirakali Amman Koil Street is Rs 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 400 per sq.ft in 2007 to Rs 1,650 per sq.ft in 2024, reflecting an overall increase of 313% over the years.

What are the other streets in KANCHIPURAM TOWN 3rd DIVISION?

Other streets in KANCHIPURAM TOWN 3rd DIVISION include Avakuttai Street, Chengalvarayan Otha Vadai Street, Ananthoji Pandithar Street, Eagamugan Street, Aladi Pillaiyar Koil Street, and Akkanam Palaya Street (A) Charman Samynathamudhali Street, each with their respective guideline values for 2024.

What is the registration fee for properties in this area?

The registration fee is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 16,50,000, the registration fee would be Rs 33,000 at a rate of 2%.

Where can I find my Sub Registrar Office?

You can find your Sub Registrar Office for Bathirakali Amman Koil Street at the Kanchipuram Joint II Sub Registrar Office located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501. More details can be found by visiting the relevant link.