Guideline Value for Beeranji St

Beeranji St guideline value

The current guideline value of Beeranji 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 Beeranji St has changed

The guideline value for Beeranji St has seen several revisions over the years. In the 2007 revision, the value was Rs 75 per sq.ft, which increased significantly to Rs 240 per sq.ft in 2012. However, this marked a decrease of 33% to Rs 161 per sq.ft in the 2017 revision. The value then rose by 50% to Rs 241 per sq.ft in the 2023 revision, remaining unchanged in the 2024 revision.

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

Guideline values in Ammayarkuppam

Ammayarkuppam has a total of 43 streets under the Ramakrishna Rajupettai SRO that carry a 2024 guideline value ranging from Rs 150 to Rs 260 per sq.ft, with a median value of Rs 260 per sq.ft. The guideline value of Beeranji St is below this median.

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

Stamp duty and registration fee for property in Beeranji 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, totaling 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 Beeranji St?

The Beeranji St falls under the Ramakrishna Rajupettai Sub Registrar Office, located at Pallipattu Road, Rk Pettai 631 303, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor in property transactions in Ammayarkuppam. It is used to determine the stamp duty and registration fees that need to be paid when registering a property. Buyers and sellers must be aware of this value as it directly affects the overall cost of the transaction.

When a property is sold, the guideline value serves as a benchmark for the transaction price. The registration office uses this value to calculate the applicable fees, ensuring that both parties are aware of their financial obligations during the sale.

Frequently asked questions

What is the current guideline value of Beeranji St?

The current guideline value of Beeranji 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 from Rs 75 per sq.ft in 2007 to Rs 241 per sq.ft in 2024, reflecting an overall increase of 221%.

What are the other streets with guideline values in Ammayarkuppam?

Other streets in Ammayarkuppam include Bazzar Street at Rs 260 per sq.ft, Balapuram Selum Road at Rs 150 per sq.ft, and Bajanai Koil St at Rs 241 per sq.ft, among others.

What are the stamp duty and registration fees for property transactions?

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

Where can I find the Sub Registrar Office for Beeranji St?

The Sub Registrar Office covering Beeranji St is the Ramakrishna Rajupettai SRO, located at Pallipattu Road, Rk Pettai 631 303, Chennai registration zone.