Guideline Value for Bajanai Koil St

Bajanai Koil St guideline value

The current guideline value of Bajanai Koil St in Ammayarkuppam village is Rs 241 per sq.ft, effective from 1 July 2024. This street falls under the Ramakrishna Rajupettai SRO and is classified as Residential Class II Type - I.

How the guideline value of Bajanai Koil St has changed

The guideline value for Bajanai Koil St has seen several revisions over the years. In 2007, the value was Rs 75 per sq.ft, which increased significantly to Rs 240 per sq.ft in 2012. However, it decreased to Rs 161 per sq.ft in 2017. The value then remained stable at Rs 241 per sq.ft during the 2023 and 2024 revisions, showing no change from the previous year.

There are no figures available for the revisions in 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 221%.

Guideline values in Ammayarkuppam

Ammayarkuppam has 43 streets under the Ramakrishna Rajupettai SRO with a 2024 guideline value ranging from Rs 150 to Rs 260 per sq.ft. The median value for these streets is Rs 260 per sq.ft, placing Bajanai Koil St's 2024 figure below that median.

• Balapuram Selum Road: Rs 150 per sq.ft (2024)
• Bazzar Street: Rs 260 per sq.ft (2024)
• Araneri Tamizh Sanga Street: Rs 260 per sq.ft (2024)
• Beeranji St: Rs 241 per sq.ft (2024)
• Anna Nagar St: Rs 241 per sq.ft (2024)
• Aavalagunda St: Rs 150 per sq.ft (2024)

Stamp duty and registration fee for property in Bajanai Koil St

For a 1,000 sq.ft plot at the current rate of Rs 241 per sq.ft, the guideline value amounts to Rs 2,41,000. The stamp duty at 7% would be Rs 16,870, and the registration fee at 2% would be Rs 4,820, making the total charges Rs 21,690. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Bajanai Koil St?

The Sub Registrar Office that covers Bajanai Koil St is the Ramakrishna Rajupettai Sub Registrar Office, located at Pallipattu Road, Rk Pettai 631 303, Chennai registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor when registering property transactions in Ammayarkuppam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When a property is sold, the guideline value is used to calculate the applicable duties. Buyers and sellers must ensure that they are aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Bajanai Koil St?

The current guideline value of Bajanai Koil St is Rs 241 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed multiple times, with the most recent figures being Rs 241 per sq.ft in both 2023 and 2024, and a significant increase from Rs 75 per sq.ft in 2007 to Rs 241 per sq.ft by 2024.

What is the median guideline value in Ammayarkuppam?

The median guideline value in Ammayarkuppam is Rs 260 per sq.ft, with Bajanai Koil St's value being below this median at Rs 241 per sq.ft.

What are the stamp duty and registration fees for properties in Bajanai Koil St?

For a property valued at Rs 2,41,000, the stamp duty would be Rs 16,870, and the registration fee would be Rs 4,820, totaling Rs 21,690.

Where can I find the Sub Registrar Office for Bajanai Koil St?

The Sub Registrar Office for Bajanai Koil St is the Ramakrishna Rajupettai Sub Registrar Office, located at Pallipattu Road, Rk Pettai 631 303, Chennai registration zone.