Guideline Value for Bramhaputra Street(ICF)

Bramhaputra Street(ICF) guideline value

The current guideline value of Bramhaputra Street(ICF) is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in 5. Athipattu village, under the Konnur SRO, and falls under the Residential Class I Type - II land classification.

How the guideline value of Bramhaputra Street(ICF) has changed

The guideline value for Bramhaputra Street(ICF) has seen significant changes over the years. In the 2017 revision, the value was Rs 1,340 per sq.ft. This increased to Rs 2,000 per sq.ft in the 2023 revision, marking a 49% rise. The most recent 2024 revision set the value at Rs 2,200 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in 5. Athipattu

In 5. Athipattu, there are 119 streets under the Konnur SRO that carry a 2024 guideline value, ranging from Rs 1,100 to Rs 7,650 per sq.ft. The median value for this area is Rs 2,200 per sq.ft, which is the same as the current value for Bramhaputra Street(ICF).

• Brindhavan Colony: Rs 1,600 per sq.ft (2024)
• B.K. Mugamad Road: Rs 3,601 per sq.ft (2024)
• Bhavani Salai(Chelliamman nagar): Rs 2,200 per sq.ft (2024)
• Bharathi Street: Rs 2,200 per sq.ft (2024)
• Bharathidasan Street (Chelliamman): Rs 2,200 per sq.ft (2024)
• Chetty 2nd Street: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in Bramhaputra Street(ICF)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, bringing the total fees to Rs 1,98,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Bramhaputra Street(ICF)?

The Konnur Sub Registrar Office covers Bramhaputra Street(ICF). The address is Sub Register Office, Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. You can find your SRO for more information.

How the guideline value is used when you buy or sell in 5. Athipattu

The guideline value is a crucial factor in the registration process when buying or selling property in 5. Athipattu. It determines the amount of stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the buyer must ensure that the sale price is at least equal to the guideline value to avoid any legal complications. This ensures transparency and fairness in property transactions.

Frequently asked questions

What is the current guideline value of Bramhaputra Street(ICF)?

The current guideline value of Bramhaputra Street(ICF) is Rs 2,200 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 1,340 per sq.ft in 2017 to Rs 2,200 per sq.ft in 2024, which is a 64% increase overall. The value rose from Rs 2,000 per sq.ft in 2023 to Rs 2,200 per sq.ft in 2024, marking a 10% increase.

Where can I find the registration office for Bramhaputra Street(ICF)?

The registration office for Bramhaputra Street(ICF) is the Konnur Sub Registrar Office, located at Sub Register Office, Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.

What are the stamp duty and registration fees for a property in Bramhaputra Street(ICF)?

For a property valued at Rs 22,00,000, the stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, totaling Rs 1,98,000.

What is the land classification of Bramhaputra Street(ICF)?

Bramhaputra Street(ICF) falls under the Residential Class I Type - II land classification.