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Guideline Value

Corporate

Guideline Value for Bajanai Koil St ( Ward No.22 )

₹1300/sq.ft.

The guideline value for Bajanai Koil St ( Ward No.22 ) in Madhavaram village (Madhavaram SRO, Chennai zone) is Rs 1300 per sq.ft, effective 1 July 2024. It was Rs 1200 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Madhavaram

Village

Madhavaram

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹1300 /sq.ft.
From 1-4-2023 ₹1200 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹1200 /sq.ft.
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.7, Roja Nagar,madhavaram, Chennai-600060
044-25530001
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 St ( Ward No.22 )

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Bajanai Koil St ( Ward No.22 ) guideline value

The current guideline value of Bajanai Koil St ( Ward No.22 ) is Rs 1,300 per sq.ft, effective from 1 July 2024. This street is located in Madhavaram village under the Madhavaram SRO and is classified as Residential Class III Type - I.

How the guideline value of Bajanai Koil St ( Ward No.22 ) has changed

Over the years, the guideline value for Bajanai Koil St ( Ward No.22 ) has seen several revisions. The most recent revision in 2024 set the guideline value at Rs 1,300 per sq.ft, which is an increase from the 2023 figure of Rs 1,200 per sq.ft. The 2023 revision did not change from the 2012 figure, which was also Rs 1,200 per sq.ft. Notably, there are no figures available for the revisions in 2017, 2007, 2003, and 2002 for this street.

From 2012 to 2024, the overall change in the guideline value is +8%. Specifically, the change from 2023 to 2024 is +8%, while there was no change from 2012 to 2023.

Guideline values in Madhavaram

Madhavaram village has a total of 1,946 streets under the Madhavaram SRO, with guideline values ranging from Rs 1,300 to Rs 7,500 per sq.ft as of the 2024 revision. The median guideline value in this area is Rs 1,600 per sq.ft, which means that the 2024 figure for Bajanai Koil St ( Ward No.22 ) is below this median.

Stamp duty and registration fee for property in Bajanai Koil St ( Ward No.22 )

For a 1,000 sq.ft plot at the current guideline value of Rs 1,300 per sq.ft, the total guideline value would be Rs 13,00,000. The stamp duty at 7% would amount to Rs 91,000, and the registration fee at 2% would be Rs 26,000, bringing the total to Rs 1,17,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Bajanai Koil St ( Ward No.22 )?

The Sub Registrar Office that covers Bajanai Koil St ( Ward No.22 ) is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Madhavaram. It serves as a benchmark for determining the minimum value of a property, which is essential for calculating stamp duty and registration fees during the sale or purchase process.

Frequently asked questions

What is the current guideline value of Bajanai Koil St ( Ward No.22 )?

The current guideline value of Bajanai Koil St ( Ward No.22 ) is Rs 1,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,200 per sq.ft in 2023 to Rs 1,300 per sq.ft in 2024, marking an increase of 8%. There was no change from 2012 to 2023, and the overall change from 2012 to 2024 is +8%.

What are the other streets in Madhavaram with similar guideline values?

Other streets in Madhavaram with a guideline value of Rs 1,300 per sq.ft for 2024 include Bajanai Koil St ( Ward No.23 ), Bajanai Koil St ( Ward No.29 ), Bajanai Koil St ( Ward No.31 ), and Bajanai Koil St ( Ward No.9 ).

What is the stamp duty for property in Bajanai Koil St ( Ward No.22 )?

The stamp duty for property in Bajanai Koil St ( Ward No.22 ) is calculated at 7% of the guideline value. For a plot valued at Rs 13,00,000, the stamp duty would be Rs 91,000.

Where can I find the Sub Registrar Office for Bajanai Koil St ( Ward No.22 )?

The Sub Registrar Office for Bajanai Koil St ( Ward No.22 ) is located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find more information about your SRO online.