Guideline Value for Beenaj Street

Beenaj Street guideline value

The current guideline value of Beenaj Street in Oragadam village is Rs 1,600 per sq.ft, effective from 1 July 2024. This street falls under the Ambattur Sub Registrar Office and is classified as Residential Class II Type - I.

How the guideline value of Beenaj Street has changed

The guideline value for Beenaj Street has seen several revisions over the years. The 2012 revision listed the value at Rs 1,500 per sq.ft, which then decreased to Rs 1,005 per sq.ft in the 2017 revision, marking a decline of 33%. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value up to Rs 1,500 per sq.ft. The most recent revision in 2024 has set the guideline value at Rs 1,600 per sq.ft, reflecting a 7% increase from the previous year.

There are no figures available for Beenaj Street in the revisions from 2002, 2003, and 2007. Overall, the guideline value has increased by 7% from 2012 to 2024.

Guideline values in Oragadam

In Oragadam, there are 596 streets under the Ambattur SRO with a 2024 guideline value ranging from Rs 1,100 to Rs 3,500 per sq.ft. The median value for these streets is Rs 2,200 per sq.ft, which means Beenaj Street's current guideline value is below this median.

• Barathi Street(Chirroragadam): Rs 1,900 per sq.ft (2024)
• Barathi Nagar: Rs 2,400 per sq.ft (2024)
• Barathidasan Street(Gandhinagar): Rs 1,800 per sq.ft (2024)
• Banu Nagar West (Vijayalakshmi Street): Rs 2,200 per sq.ft (2024)
• Banu Nagar West Ranganathan Street: Rs 2,200 per sq.ft (2024)
• Banu Nagar West (Kalyan Street): Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in Beenaj Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,600 per sq.ft, the total guideline value amounts to Rs 16,00,000. The stamp duty, charged at 7%, would be Rs 1,12,000, while the registration fee at 2% would be Rs 32,000, bringing the total fees to Rs 1,44,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Beenaj Street?

The Sub Registrar Office covering Beenaj Street is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur - 600 053, Chennai registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Oragadam. It serves as the baseline for calculating stamp duty and registration fees, ensuring that all transactions are conducted transparently and fairly.

Frequently asked questions

What is the current guideline value of Beenaj Street?

The current guideline value of Beenaj Street is Rs 1,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2012 to Rs 1,005 per sq.ft in 2017, then to Rs 1,500 per sq.ft in 2023, and finally to Rs 1,600 per sq.ft in 2024.

What is the land classification for Beenaj Street?

Beenaj Street is classified as Residential Class II Type - I under the current guidelines.

Where can I find more information about stamp duty and registration fees?

You can find more information about stamp duty and registration fees by using our stamp duty and registration fee calculator.

Which office handles registrations for Beenaj Street?

The Ambattur Sub Registrar Office handles registrations for Beenaj Street, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur - 600 053, Chennai registration zone.