Guideline Value for Bajanai Koil Street

Bajanai Koil Street guideline value

The current guideline value of Bajanai Koil Street is Rs 150 per sq.ft, effective from 1 July 2024. This street is located in Navaloor village under the Sriperumpudur SRO, classified as Residential Class III Type - I.

How the guideline value of Bajanai Koil Street has changed

Over the years, the guideline value for Bajanai Koil Street has seen several revisions. The 2012 revision set the value at Rs 150 per sq.ft, which remained unchanged in the 2023 and 2024 revisions. However, there was a significant increase of 50% from the 2017 revision, which was Rs 100 per sq.ft. The 2012 to 2017 period saw a decrease of 33% from the previous value.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has remained constant at Rs 150 per sq.ft.

Guideline values in Navaloor

In Navaloor, there are 26 streets under the Sriperumpudur SRO that carry a 2024 guideline value ranging from Rs 150 to Rs 1,100 per sq.ft, with a median value of Rs 300 per sq.ft. Bajanai Koil Street's 2024 figure is below this median.

• Bharathi Nagar: Rs 300 per sq.ft (2024)
• Brindavan Nagar: Rs 200 per sq.ft (2024)
• Chinnasamy Nagar: Rs 300 per sq.ft (2024)
• Dei Gratia Associates: Rs 300 per sq.ft (2024)
• Alamaram Street: Rs 150 per sq.ft (2024)
• Dr.Chandra City: Rs 450 per sq.ft (2024)

Stamp duty and registration fee for property in Bajanai Koil Street

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 1,50,000. The stamp duty at 7% would be Rs 10,500, and the registration fee at 2% would be Rs 3,000, totaling Rs 13,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For further 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 Navaloor

The guideline value is a crucial factor in property transactions in Navaloor. When buying or selling property, the guideline value helps determine the stamp duty and registration fees that must be paid at the time of registration.

It is essential to be aware that the guideline value can affect the overall cost of the transaction. Buyers and sellers should ensure they are informed about the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Bajanai Koil Street?

The current guideline value of Bajanai Koil Street is Rs 150 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 150 per sq.ft since the 2012 revision, with a significant increase of 50% from Rs 100 per sq.ft in 2017. There was no change from 2023 to 2024.

What is the median guideline value in Navaloor?

The median guideline value in Navaloor is Rs 300 per sq.ft, with Bajanai Koil Street's 2024 guideline value being below this median.

What are the stamp duty and registration fees for properties on Bajanai Koil Street?

For a 1,000 sq.ft plot, the stamp duty would be Rs 10,500, and the registration fee would be Rs 3,000, totaling Rs 13,500. These fees are based on the guideline value.

Which office handles property registrations for Bajanai Koil Street?

The Sriperumpudur Sub Registrar Office handles property registrations for Bajanai Koil Street, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.