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Guideline Value

Corporate

Guideline Value for Bajanai Koil Street

₹1320/sq.ft.

The guideline value for Bajanai Koil Street in Mevaloorkuppam B village (Sriperumpudur SRO, Chengalpattu zone) is Rs 1320 per sq.ft, effective 1 July 2024. It was Rs 400 per sq.ft from 1 April 2023, a 230% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Mevaloorkuppam B

Village

Sriperumpudur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1320 /sq.ft.
From 1-4-2023 ₹400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹201 /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)

27, Chetty Street, Sriperumpudur-602 105
044-27163925
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Bajanai Koil Street

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Bajanai Koil Street guideline value

The current guideline value of Bajanai Koil Street is Rs 1,320 per sq.ft, effective from 1 July 2024. This street is located in Mevaloorkuppam B village and falls under the Sriperumpudur SRO. The land classification for this area is Residential Special Type - I.

How the guideline value of Bajanai Koil Street has changed

In the 2017 revision, the guideline value was Rs 201 per sq.ft. This increased to Rs 400 per sq.ft in the 2023 revision, marking a change of +99%. The most recent revision in 2024 shows a significant increase to Rs 1,320 per sq.ft, which is a rise of +230% from the previous year. Overall, from 2017 to 2024, the guideline value has increased by +557%.

There are no figures available for the revisions from 2002, 2003, 2007, and 2012 for Bajanai Koil Street. Thus, the changes in guideline value are only reflected in the revisions from 2017, 2023, and 2024.

Guideline values in Mevaloorkuppam B

In Mevaloorkuppam B, there are 84 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 6,200 per sq.ft. The median guideline value in this village is Rs 400 per sq.ft, making Bajanai Koil Street's 2024 figure above that median.

Stamp duty and registration fee for property in Bajanai Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value amounts to Rs 13,20,000. The stamp duty at 7% would be Rs 92,400, and the registration fee at 2% would be Rs 26,400, bringing the total fees together to Rs 1,18,800. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Bajanai Koil Street?

The Sub Registrar Office that covers Bajanai Koil Street 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 Mevaloorkuppam B

The guideline value plays a crucial role in the registration process when buying or selling property in Mevaloorkuppam B. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property transaction.

When a property is registered, the guideline value is assessed to ensure that the transaction is in accordance with the prevailing rates. This helps in maintaining transparency and fairness in property dealings within the area.

Frequently asked questions

What is the current guideline value of Bajanai Koil Street?

The current guideline value of Bajanai Koil Street is Rs 1,320 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen significant increases, from Rs 201 per sq.ft in 2017 to Rs 400 per sq.ft in 2023, and then to Rs 1,320 per sq.ft in 2024. This reflects an overall increase of +557% from 2017 to 2024.

What is the land classification for Bajanai Koil Street?

Bajanai Koil Street is classified as Residential Special Type - I, indicating its suitability for residential development.

What are the stamp duty and registration fees for properties in this area?

The stamp duty is charged at 7%, while the registration fee is 2% of the guideline value or sale price, whichever is higher. For example, a 1,000 sq.ft plot would incur a total fee of Rs 1,18,800 based on the current guideline value.

Where is the Sub Registrar Office located for Bajanai Koil Street?

The Sriperumpudur Sub Registrar Office is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. This office handles the registration of properties in the area.