Guideline Value for Biramanar Cross Street

Biramanar Cross Street guideline value

The current guideline value of Biramanar Cross Street in Kanthoor village is Rs 150 per sq.ft, effective from 1 July 2024. This street falls under the Sunguvarchattram SRO and is classified as Residential Class III Type - I.

How the guideline value of Biramanar Cross Street has changed

The guideline value for Biramanar Cross Street has seen several revisions over the years. The 2012 revision set the value at Rs 150 per sq.ft, which remained unchanged in the 2017 revision. However, in 2017, the value was reduced to Rs 100 per sq.ft. The 2023 revision brought the value back to Rs 150 per sq.ft, and the current 2024 revision maintains this figure, showing no change from the previous year.

Between the revisions, the most notable change occurred from 2017 to 2023, where the value increased by 50%. Overall, from the 2012 revision to the 2024 revision, the guideline value has not changed, remaining at Rs 150 per sq.ft.

Guideline values in Kanthoor

In Kanthoor, there are 33 streets under the Sunguvarchattram SRO that carry a 2024 guideline value ranging from Rs 150 to Rs 700 per sq.ft, with a median value of Rs 181 per sq.ft. Biramanar Cross Street's 2024 guideline value is below this median.

• Biramanar Street: Rs 181 per sq.ft (2024)
• Big Street: Rs 150 per sq.ft (2024)
• Central Grand: Rs 700 per sq.ft (2024)
• Central Green: Rs 590 per sq.ft (2024)
• Baskaran Avenue: Rs 150 per sq.ft (2024)
• Bajanai Kovil Street: Rs 181 per sq.ft (2024)

Stamp duty and registration fee for property in Biramanar Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 150 per sq.ft, the total guideline value amounts to 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 more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Biramanar Cross Street?

The Sub Registrar Office that covers Biramanar Cross Street is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.

You can find your SRO for more details.

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

The guideline value is a crucial factor in property transactions in Kanthoor, as it determines the minimum value at which a property can be registered. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory during the registration process.

Frequently asked questions

What is the current guideline value of Biramanar Cross Street?

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

How has the guideline value changed over the years?

The guideline value for Biramanar Cross Street has remained at Rs 150 per sq.ft since 2012, with a notable increase from Rs 100 per sq.ft in 2017 to Rs 150 per sq.ft in 2023.

What is the land classification for Biramanar Cross Street?

Biramanar Cross Street is classified as Residential Class III Type - I.

What are the other streets in Kanthoor and their guideline values?

Other streets in Kanthoor include Biramanar Street at Rs 181 per sq.ft, Big Street at Rs 150 per sq.ft, and Central Grand at Rs 700 per sq.ft, among others.

Where is the Sub Registrar Office for Biramanar Cross Street located?

The Sub Registrar Office for Biramanar Cross Street is located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.