Guideline Value for BERISTREET SANTHU

Beristreet Santhu guideline value

The current guideline value of Beristreet Santhu is Rs 300 per sq.ft, effective from 1 July 2024. This street is located in Pudupet village under the Pallipattu SRO and is classified as Residential Class I Type - II.

How the guideline value of Beristreet Santhu has changed

The guideline value for Beristreet Santhu has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 300 per sq.ft, which is the same as the 2023 revision. Prior to that, the 2017 revision recorded a guideline value of Rs 201 per sq.ft. There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

From 2017 to 2023, the guideline value increased by 49%, and there has been no change from 2023 to 2024. Overall, from 2017 to 2024, the guideline value has also risen 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 guideline value in this area is Rs 350 per sq.ft, making the 2024 figure for Beristreet Santhu below this median.

• Beri Street: Rs 600 per sq.ft (2024)
• Bazhaar Street: Rs 600 per sq.ft (2024)
• Bazeer Kelandaistreet: Rs 400 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 Beristreet Santhu

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, totaling Rs 27,000. It is important to note that the stamp duty is charged on the higher of the guideline value or the sale price. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Beristreet Santhu?

The Sub Registrar Office that covers Beristreet Santhu 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 plays a crucial role in property transactions in Pudupet. When you buy or sell a property, the guideline value is used to determine the stamp duty and registration fees applicable to the transaction. It ensures that the government receives the appropriate revenue from property sales.

During the registration process, the guideline value is compared to the sale price of the property. The higher of the two values is taken into account for calculating the stamp duty, ensuring that the government receives the correct fees based on the property's assessed value.

Frequently asked questions

What is the current guideline value of Beristreet Santhu?

The current guideline value of Beristreet Santhu is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

From the 2017 revision of Rs 201 per sq.ft, the guideline value increased by 49% to Rs 300 per sq.ft in 2023 and remained the same in 2024.

What is the land classification for Beristreet Santhu?

Beristreet Santhu is classified as Residential Class I Type - II, indicating its designation for residential purposes.

Where can I find the Sub Registrar Office for Beristreet Santhu?

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

How is the stamp duty calculated for properties in Beristreet Santhu?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a property valued at Rs 3,00,000 would incur a stamp duty of Rs 21,000 at the rate of 7%.