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Guideline Value

Corporate

Guideline Value for Bajanai Koil Street Vannier pattu

₹1540/sq.ft.

The guideline value for Bajanai Koil Street Vannier Pattu in Mangadu -a village (Kunrathur SRO, Chennai zone) is Rs 1540 per sq.ft, effective 1 July 2024. It was Rs 1400 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Mangadu -a

Village

Kunrathur

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹1540 /sq.ft.
From 1-4-2023 ₹1400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹938 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
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)

No.59. Road Street, Kundrathur, Chennai -600 069.
044-24780515
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Bajanai Koil Street Vannier Pattu

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Bajanai Koil Street Vannier pattu guideline value

The current guideline value of Bajanai Koil Street Vannier pattu is Rs 1,540 per sq.ft, effective from 1 July 2024. This street is located in Mangadu -A village, under the Kunrathur SRO, and is classified as Residential Class II Type - I.

How the guideline value of Bajanai Koil Street Vannier pattu has changed

The guideline value for Bajanai Koil Street Vannier pattu has undergone several revisions over the years. The 2017 revision set the value at Rs 938 per sq.ft. In 2023, this figure increased to Rs 1,400 per sq.ft, marking a significant rise of 49%. The most recent revision in 2024 has further increased the guideline value to Rs 1,540 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Guideline values in Mangadu -A

Mangadu -A has a total of 208 streets under the Kunrathur SRO that carry a 2024 guideline value, ranging from Rs 1,320 to Rs 3,300 per sq.ft, with a median value of Rs 1,870 per sq.ft. The guideline value of Bajanai Koil Street Vannier pattu is below this median.

Stamp duty and registration fee for property in Bajanai Koil Street Vannier pattu

For a 1,000 sq.ft plot at the current guideline value of Rs 1,540 per sq.ft, the total guideline value amounts to Rs 15,40,000. The stamp duty at 7% would be Rs 1,07,800, and the registration fee at 2% would be Rs 30,800, making the total cost for these fees Rs 1,38,600. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Bajanai Koil Street Vannier pattu?

The Sub Registrar Office that covers Bajanai Koil Street Vannier pattu is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Mangadu -A

The guideline value is a crucial factor in property transactions in Mangadu -A, as it determines the minimum price at which a property can be registered. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, ensuring that both parties comply with the legal requirements.

It is essential for buyers and sellers to be aware of the current guideline value, as it affects the overall cost of the transaction. Understanding the guideline value helps in making informed decisions during property dealings.

Frequently asked questions

What is the current guideline value of Bajanai Koil Street Vannier pattu?

The current guideline value of Bajanai Koil Street Vannier pattu is Rs 1,540 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 938 per sq.ft in 2017 to Rs 1,540 per sq.ft in 2024, showing an overall increase of 64% over these years.

What are the other streets in Mangadu -A with their guideline values?

Other streets in Mangadu -A include Bajanai Koil Street Ragunathapuram at Rs 1,540 per sq.ft, Balaji Avenue at Rs 1,870 per sq.ft, and Balaji Nagar at Rs 2,200 per sq.ft, among others.

What fees are associated with property transactions in Bajanai Koil Street Vannier pattu?

In addition to the guideline value, buyers should consider stamp duty at 7% and a registration fee at 2% when calculating the total cost of property transactions in Bajanai Koil Street Vannier pattu.

Where can I find the Sub Registrar Office for Bajanai Koil Street Vannier pattu?

The Sub Registrar Office for Bajanai Koil Street Vannier pattu is located at No.59, Road Street, Kundrathur, Chennai -600 069. This office handles registrations for properties in the area.