Guideline Value for BST'S SARADA CITY

Bst's Sarada City guideline value

The current guideline value of Bst's Sarada City is Rs 2,860 per sq.ft, effective from 1 July 2024. This property is located in Kerugambakkam village under the Pammal SRO, and it falls under the Commercial Class I Type - I land classification.

How the guideline value of Bst's Sarada City has changed

According to the guideline value register, there are no figures available for Bst's Sarada City for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only revision available is from 2024, which shows a guideline value of Rs 2,860 per sq.ft.

Since there are no figures from previous revisions, it can be noted that the guideline value has remained consistent without any changes across the years leading up to the 2024 revision.

Guideline values in Kerugambakkam

In Kerugambakkam, there are 144 streets under the Pammal SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 4,800 per sq.ft, with a median value of Rs 2,200 per sq.ft. Bst's Sarada City has a guideline value above this median, reflecting its commercial classification.

• B.T.Nagar: Rs 2,750 per sq.ft (2024)
• B.T.Nagar Extn: Rs 2,750 per sq.ft (2024)
• Boomadevi Nagar: Rs 2,750 per sq.ft (2024)
• C.B.Nagar: Rs 2,200 per sq.ft (2024)
• Chakkrapani Nagar: Rs 2,750 per sq.ft (2024)
• Chakkrapani Nagar Extn: Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in Bst's Sarada City

For a 1,000 sq.ft plot at the current guideline value of Rs 2,860 per sq.ft, the total guideline value amounts to Rs 28,60,000. The stamp duty at 7% would be Rs 2,00,200, and the registration fee at 2% would be Rs 57,200, bringing the total cost for these fees to Rs 2,57,400. It is important to note that the 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 Bst's Sarada City?

The Sub Registrar Office that covers Bst's Sarada City is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. To find your specific SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Kerugambakkam. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction, ensuring that these fees are calculated based on the officially recognized value of the property.

When a property is registered, the guideline value helps to establish a fair price for taxation purposes. Buyers and sellers should be aware of the current guideline values to ensure compliance with local regulations and to accurately assess the costs involved in property transactions.

Frequently asked questions

What is the current guideline value of Bst's Sarada City?

The current guideline value of Bst's Sarada City is Rs 2,860 per sq.ft, effective from 1 July 2024.

What land classification does Bst's Sarada City fall under?

Bst's Sarada City falls under the Commercial Class I Type - I land classification.

How does the guideline value in Kerugambakkam compare to other streets?

The guideline value in Kerugambakkam ranges from Rs 1,100 to Rs 4,800 per sq.ft, with a median value of Rs 2,200 per sq.ft. Bst's Sarada City's guideline value is above this median.

What fees are associated with buying property in Bst's Sarada City?

When buying property in Bst's Sarada City, the stamp duty is 7% of the guideline value, and the registration fee is 2%. Together, these fees can add a significant amount to the overall cost of the property transaction.

Where can I find the Sub Registrar Office for Bst's Sarada City?

The Sub Registrar Office for Bst's Sarada City is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.