Guideline Value for BEEMARAV NAGAR UZHAIPPALAR NAGAR

Beemarav Nagar Uzhaippalar Nagar guideline value

The current guideline value of Beemarav Nagar Uzhaippalar Nagar is Rs 1,300 per sq.ft, effective from 1 July 2024. This area is located in Thandurai village and falls under the Avadi SRO. The land classification for this locality is Residential Special Type - III.

How the guideline value of Beemarav Nagar Uzhaippalar Nagar has changed

The guideline value of Beemarav Nagar Uzhaippalar Nagar has seen several revisions over the years. The 2012 revision set the value at Rs 1,200 per sq.ft, which was then reduced to Rs 804 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 1,200 per sq.ft, and the most recent 2024 revision has set it at Rs 1,300 per sq.ft. Notably, there are no figures available for the years 2002, 2003, and 2007 for this street.

From the 2012 revision to the 2017 revision, there was a decrease of 33%. However, from 2017 to 2023, there was a significant increase of 49%. The overall change from the 2012 revision to the 2024 revision shows a slight increase of 8%.

Guideline values in Thandurai

In Thandurai village, 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 guideline value for these streets is Rs 988 per sq.ft, placing Beemarav Nagar Uzhaippalar Nagar above this median.

• Beshmarav Road: Rs 1,300 per sq.ft (2024)
• Bharatha Mada St: Rs 988 per sq.ft (2024)
• Bharathidasan St (Ambedkar St): Rs 988 per sq.ft (2024)
• Bharathidasan St M.K.Bharathiyar Nagar: Rs 988 per sq.ft (2024)
• Bharathidasan St (M.T.H.Road Southern Side): Rs 988 per sq.ft (2024)
• Balavinayagar St, Kakkanji Nagar: Rs 1,300 per sq.ft (2024)

Stamp duty and registration fee for property in Beemarav Nagar Uzhaippalar Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,300 per sq.ft, the total 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, bringing the total charges to Rs 1,17,000. It is important to note that the duty is charged on either the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Beemarav Nagar Uzhaippalar Nagar?

The Beemarav Nagar Uzhaippalar Nagar area is covered by the Avadi Sub Registrar Office. The address is Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Thandurai. It serves as a benchmark for calculating stamp duty and registration fees during the sale or purchase of a property. Buyers and sellers must consider the guideline value to ensure compliance with local regulations and to determine the financial implications of their transactions.

When registering a property, the guideline value is used to assess the applicable duties and fees. This ensures that all transactions are conducted fairly and transparently, reflecting the official valuation set by the Registration Department.

Frequently asked questions

What is the current guideline value of Beemarav Nagar Uzhaippalar Nagar?

The current guideline value of Beemarav Nagar Uzhaippalar Nagar 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 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 Beemarav Nagar Uzhaippalar Nagar?

The land classification for Beemarav Nagar Uzhaippalar Nagar is Residential Special Type - III.

Where can I find the Sub Registrar Office for Beemarav Nagar Uzhaippalar Nagar?

The Sub Registrar Office covering Beemarav Nagar Uzhaippalar Nagar is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is stamp duty calculated for properties in Beemarav Nagar Uzhaippalar Nagar?

Stamp duty is calculated based on the higher value between the guideline value and the sale price. For example, on a property valued at Rs 13,00,000, the stamp duty would be Rs 91,000 at 7%.