Guideline Value for BBCL VILLA HAVEN

Bbcl Villa Haven guideline value

The current guideline value of Bbcl Villa Haven is Rs 3,300 per sq.ft, effective from 1 July 2024. This property is located in Perumalagaram village, under the Chennai South Joint II SRO, and is classified as Residential Class V Type - II.

How the guideline value of Bbcl Villa Haven has changed

The guideline value for Bbcl Villa Haven has seen significant changes over the years. In the 2017 revision, the value was set at Rs 2,000 per sq.ft. This increased to Rs 3,000 per sq.ft in the 2023 revision, marking a 50% rise. The latest revision in 2024 has further increased the value to Rs 3,300 per sq.ft, reflecting a 10% increase from the previous year. Notably, the overall increase from 2017 to 2024 amounts to 65%.

There have been no figures recorded for this street in the revisions from 2002, 2003, 2007, and 2012.

Guideline values in Perumalagaram

In Perumalagaram, there are 74 streets under the Chennai South Joint II SRO that carry a 2024 guideline value, ranging from Rs 825 to Rs 7,920 per sq.ft. The median guideline value in this village is Rs 3,190 per sq.ft, placing Bbcl Villa Haven's 2024 figure above that median.

• Baskar Street: Rs 3,190 per sq.ft (2024)
• Bajanai Koil Street: Rs 1,650 per sq.ft (2024)
• Aura Elio's: Rs 3,300 per sq.ft (2024)
• Attrankarai Street: Rs 2,420 per sq.ft (2024)
• Devadoss Street: Rs 3,190 per sq.ft (2024)
• Aparna Street: Rs 3,190 per sq.ft (2024)

Stamp duty and registration fee for property in Bbcl Villa Haven

For a 1,000 sq.ft plot at the current guideline value of Rs 3,300 per sq.ft, the total guideline value amounts to Rs 33,00,000. The stamp duty at 7% would be Rs 2,31,000, and the registration fee at 2% would be Rs 66,000, bringing the total charges to Rs 2,97,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Bbcl Villa Haven?

The Sub Registrar Office that covers Bbcl Villa Haven is the Chennai South Joint II Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration process of property transactions in Perumalagaram. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the transaction is recorded accurately and fairly.

When buying or selling a property, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that both the buyer and seller adhere to the legal requirements set by the registration department.

Frequently asked questions

What is the current guideline value of Bbcl Villa Haven?

The current guideline value of Bbcl Villa Haven is Rs 3,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 2,000 per sq.ft in 2017 to Rs 3,300 per sq.ft in 2024, reflecting a total increase of 65% over that period.

What is the median guideline value in Perumalagaram?

The median guideline value in Perumalagaram is Rs 3,190 per sq.ft, with Bbcl Villa Haven's value being above this median.

What are the stamp duty and registration fees for properties in Bbcl Villa Haven?

The stamp duty is calculated at 7% of the guideline value, and the registration fee is 2%. For a property valued at Rs 33,00,000, the total charges would amount to Rs 2,97,000.

Which office is responsible for the registration of properties in Bbcl Villa Haven?

The Chennai South Joint II Sub Registrar Office is responsible for the registration of properties in Bbcl Villa Haven, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035.