Guideline Value

Corporate

Guideline Value for BOMMARAJUPET.YADASTEEET

₹104/sq.ft.

The guideline value for Bommarajupet.yadasteeet in Kolathur village (Pallipattu SRO, Chennai zone) is Rs 104 per sq.ft, effective 1 July 2024. It was Rs 100 per sq.ft from 1 April 2023, a 4% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kolathur

Village

Pallipattu

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹104 /sq.ft.
From 1-4-2023 ₹100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹54 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹80 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹25 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Nagiri Road, Surajapettai, Pallipattu Taluk, Thiruvallur District-631 207
044-27843480
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Bommarajupet.yadasteeet

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Bommarajupet.Yadasteeet guideline value

The current guideline value for Bommarajupet.Yadasteeet is Rs 104 per sq.ft, effective from 1 July 2024. This street is located in Kolathur village under the Pallipattu SRO and falls under the Residential Class I Type - I land classification.

How the guideline value of Bommarajupet.Yadasteeet has changed

The guideline value for Bommarajupet.Yadasteeet has seen several revisions over the years. In 2007, the guideline value was Rs 25 per sq.ft, which increased significantly to Rs 80 per sq.ft in 2012. However, there was a decrease to Rs 54 per sq.ft in 2017. The value then rose to Rs 100 per sq.ft in 2023, and most recently, it has been revised to Rs 104 per sq.ft in 2024.

From the 2017 revision to the 2023 revision, there was an increase of 85%. The 2024 revision reflects a 4% increase from the previous year. Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 316%. It is important to note that the register has no figures for the years 2002 and 2003 for this street.

Guideline values in Kolathur

In Kolathur, 18 streets under the Pallipattu SRO have a 2024 guideline value ranging from Rs 104 to Rs 150 per sq.ft, with a median of Rs 104 per sq.ft. The guideline value for Bommarajupet.Yadasteeet is equal to this median.

Stamp duty and registration fee for property in Bommarajupet.Yadasteeet

For a 1,000 sq.ft plot at the current guideline value of Rs 104 per sq.ft, the total guideline value would be Rs 1,04,000. The stamp duty at 7% would amount to Rs 7,280, and the registration fee at 2% would be Rs 2,080, making the total fees together Rs 9,360. Duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Bommarajupet.Yadasteeet?

The Sub Registrar Office covering Bommarajupet.Yadasteeet is the Pallipattu Sub Registrar Office, located at Nagiri Road, Surajapettai, Pallipattu Taluk, Thiruvallur District-631 207, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property in Kolathur, as it determines the amount of stamp duty and registration fees that must be paid. Buyers and sellers must be aware of the current guideline value to ensure compliance with legal requirements during property transactions.

When a property is sold, the guideline value serves as a benchmark for the sale price. If the sale price exceeds the guideline value, the stamp duty is calculated based on the higher amount, ensuring that all transactions are fairly assessed according to the established guidelines.

Frequently asked questions

What is the current guideline value for Bommarajupet.Yadasteeet?

The current guideline value for Bommarajupet.Yadasteeet is Rs 104 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 25 per sq.ft in 2007 to Rs 104 per sq.ft in 2024, reflecting an overall increase of 316% over the years.

What is the land classification for Bommarajupet.Yadasteeet?

Bommarajupet.Yadasteeet falls under the Residential Class I Type - I land classification.

Where can I find the Sub Registrar Office for this area?

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

How is the stamp duty calculated for properties in Kolathur?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. The current rate for stamp duty in this area is 7% of the guideline value.