Guideline Value for Boopathy Nagar IInd Lane

Boopathy Nagar IInd Lane guideline value

The current guideline value of Boopathy Nagar IInd Lane is Rs 3,400 per sq.ft, effective from 1 July 2024. This street is located in Egmore village under the Periamet SRO and is classified as Residential Class III Type - II.

How the guideline value of Boopathy Nagar IInd Lane has changed

The guideline value register for Boopathy Nagar IInd Lane shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only available figure is from the 2024 revision, which is Rs 3,400 per sq.ft.

Since there are no previous figures listed for this street, there have been no changes in the guideline value between revisions. The current figure represents the first recorded value for Boopathy Nagar IInd Lane.

Guideline values in Egmore

In Egmore, there are 465 streets under the Periamet SRO that carry a 2024 guideline value, ranging from Rs 2,800 to Rs 22,000 per sq.ft. The median value for these streets is Rs 7,100 per sq.ft, placing Boopathy Nagar IInd Lane's 2024 figure below this median.

• Boopathy Nagar Ist Lane: Rs 3,400 per sq.ft (2024)
• Bootha Perumal Naicken 1st lane: Rs 3,900 per sq.ft (2024)
• Bootha Perumal Naicken street: Rs 3,900 per sq.ft (2024)
• Boopathi Nagar: Rs 3,400 per sq.ft (2024)
• Bobers Salai: Rs 7,100 per sq.ft (2024)
• Brindavanam 1st street: Rs 3,400 per sq.ft (2024)

Stamp duty and registration fee for property in Boopathy Nagar IInd Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 3,400 per sq.ft, the total guideline value would be Rs 34,00,000. The stamp duty at 7% would be Rs 2,38,000, and the registration fee at 2% would be Rs 68,000, bringing the total to Rs 3,06,000. Please note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Boopathy Nagar IInd Lane?

The Sub Registrar Office covering Boopathy Nagar IInd Lane is the Periamet Sub Registrar Office, located at 1103, Poonamallee High Road, Chennai-600 003. You can find your SRO for more information.

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

The guideline value is an important factor during the registration of property transactions in Egmore. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

When a buyer or seller registers a property, the guideline value is used to calculate the applicable fees. This ensures that the transaction is recorded accurately and complies with the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value of Boopathy Nagar IInd Lane?

The current guideline value of Boopathy Nagar IInd Lane is Rs 3,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

There are no recorded figures for Boopathy Nagar IInd Lane in the years 2002, 2003, 2007, 2012, 2017, and 2023. The only available figure is from the 2024 revision.

What is the median guideline value for streets in Egmore?

The median guideline value for streets in Egmore under the Periamet SRO is Rs 7,100 per sq.ft. Boopathy Nagar IInd Lane's current figure is below this median.

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

Stamp duty is charged at 7% and the registration fee at 2% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current rate would incur a total fee of Rs 3,06,000.

Where can I find the Sub Registrar Office for Boopathy Nagar IInd Lane?

The Sub Registrar Office for Boopathy Nagar IInd Lane is the Periamet Sub Registrar Office, located at 1103, Poonamallee High Road, Chennai-600 003. You can find more information online.