Guideline Value for BVL SPRING BLOSSOMS EXTENSION

Bvl Spring Blossoms Extension guideline value

The current guideline value for Bvl Spring Blossoms Extension is Rs 800 per sq.ft, effective from 1 July 2024. This property is located in Sriperumbudur C village, under the Sriperumpudur SRO, and is classified as Residential Class II Type - II.

How the guideline value of Bvl Spring Blossoms Extension has changed

Since the 2017 revision, the guideline value has increased significantly. The 2017 revision set the value at Rs 536 per sq.ft, which remained unchanged until the 2023 revision, where it was still Rs 800 per sq.ft. The 2024 revision also maintains the guideline value at Rs 800 per sq.ft, indicating no change from the previous year. Notably, the overall change from 2017 to 2024 is an increase of 49%.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. The 2023 to 2024 revision shows no percentage change, remaining at Rs 800 per sq.ft.

Guideline values in Sriperumbudur C

In Sriperumbudur C, there are 63 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 400 to Rs 2,500 per sq.ft. The median guideline value for these streets is Rs 720 per sq.ft, placing Bvl Spring Blossoms Extension above this median.

• Chandra Avenue: Rs 1,206 per sq.ft (2024)
• Bharani Nagar: Rs 1,200 per sq.ft (2024)
• Dr.APJ Abdul Kalam Nagar: Rs 720 per sq.ft (2024)
• Aadhithya Nagar: Rs 700 per sq.ft (2024)
• Jbm Selvi Garden: Rs 804 per sq.ft (2024)
• Ramesh Nagar Part II: Rs 720 per sq.ft (2024)

Stamp duty and registration fee for property in Bvl Spring Blossoms Extension

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value amounts to Rs 8,00,000. The stamp duty at 7% would be Rs 56,000, and the registration fee at 2% would be Rs 16,000, bringing the total charges to Rs 72,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more details on fees applicable to your property transaction.

Which Sub Registrar Office covers Bvl Spring Blossoms Extension?

The Sub Registrar Office that covers Bvl Spring Blossoms Extension is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions as it determines the minimum value at which a property can be registered. When buying or selling property in Sriperumbudur C, the guideline value influences the stamp duty and registration fees that must be paid at the time of registration.

It is essential for buyers and sellers to be aware of the current guideline value to ensure compliance with local regulations and to avoid any potential disputes during the registration process.

Frequently asked questions

What is the current guideline value for Bvl Spring Blossoms Extension?

The current guideline value for Bvl Spring Blossoms Extension is Rs 800 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased by 49%, from Rs 536 per sq.ft to Rs 800 per sq.ft in 2024.

What are the other streets in Sriperumbudur C with their guideline values?

Other streets in Sriperumbudur C include Chandra Avenue at Rs 1,206 per sq.ft, Bharani Nagar at Rs 1,200 per sq.ft, Dr.APJ Abdul Kalam Nagar at Rs 720 per sq.ft, Aadhithya Nagar at Rs 700 per sq.ft, Jbm Selvi Garden at Rs 804 per sq.ft, and Ramesh Nagar Part II at Rs 720 per sq.ft.

What are the registration fees based on the guideline value?

Registration fees are calculated based on the guideline value. For example, for a property valued at Rs 8,00,000, the stamp duty would be Rs 56,000 and the registration fee would be Rs 16,000, totaling Rs 72,000.

Where can I find the Sub Registrar Office for Bvl Spring Blossoms Extension?

The Sub Registrar Office for Bvl Spring Blossoms Extension is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.