Guideline Value for BAZEER KELANDAISTREET

Bazeer Kelandaistreet guideline value

The current guideline value of Bazeer Kelandaistreet is Rs 400 per sq.ft, effective from 1 July 2024. This street is located in Pudupet village, under the Pallipattu SRO, and is classified as Residential Special Type - I.

How the guideline value of Bazeer Kelandaistreet has changed

The guideline value for Bazeer Kelandaistreet has seen several revisions over the years. The 2017 revision recorded a value of Rs 268 per sq.ft, which increased by 49% to Rs 400 per sq.ft in the 2023 revision. The 2024 revision maintained this value at Rs 400 per sq.ft, showing no change from the previous year.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value increased by 49%.

Guideline values in Pudupet

Pudupet village has 42 streets under the Pallipattu SRO that carry a 2024 guideline value, ranging from Rs 102 to Rs 600 per sq.ft. The median value for these streets is Rs 350 per sq.ft, placing Bazeer Kelandaistreet above this median with its 2024 figure of Rs 400 per sq.ft.

• Bazhaar Street: Rs 600 per sq.ft (2024)
• Beri Street: Rs 600 per sq.ft (2024)
• Beristreet Santhu: Rs 300 per sq.ft (2024)
• Braminar Street: Rs 350 per sq.ft (2024)
• Chittoor Road: Rs 600 per sq.ft (2024)
• Anna Nagar: Rs 500 per sq.ft (2024)

Stamp duty and registration fee for property in Bazeer Kelandaistreet

For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value would be Rs 4,00,000. The stamp duty at 7% would amount to Rs 28,000, and the registration fee at 2% would be Rs 8,000, bringing the total fees to Rs 36,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Bazeer Kelandaistreet?

The Sub Registrar Office that covers Bazeer Kelandaistreet is the Pallipattu Sub Registrar Office, located at Nagiri Road, Surajapettai, Pallipattu Taluk, Thiruvallur District-631 207. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Pudupet. It serves as a benchmark for determining the stamp duty and registration fees payable during the sale or purchase of property.

When a property is bought or sold, the guideline value helps ensure that the transaction is recorded accurately and fairly in the official register. This value is used to calculate the applicable fees, which are essential for the legal transfer of property ownership.

Frequently asked questions

What is the current guideline value of Bazeer Kelandaistreet?

The current guideline value of Bazeer Kelandaistreet is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 268 per sq.ft in 2017 to Rs 400 per sq.ft in 2023, showing a 49% increase. The 2024 revision maintained this value with no change from the previous year.

What is the land classification of Bazeer Kelandaistreet?

Bazeer Kelandaistreet is classified as Residential Special Type - I, indicating its designation for residential development.

Where can I find the Sub Registrar Office for Bazeer Kelandaistreet?

The Sub Registrar Office for Bazeer Kelandaistreet is located at Nagiri Road, Surajapettai, Pallipattu Taluk, Thiruvallur District-631 207.

How is the stamp duty calculated for properties in Pudupet?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 400 per sq.ft would have a total guideline value of Rs 4,00,000, leading to specific fees based on that value.