Guideline Value for Cholampedu Bharathi 2nd St.

Cholampedu Bharathi 2nd St. guideline value

The current guideline value for Cholampedu Bharathi 2nd St. is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village under the Ambattur SRO, classified as Residential Class I Type - I.

How the guideline value of Cholampedu Bharathi 2nd St. has changed

The guideline value for Cholampedu Bharathi 2nd St. has undergone several revisions over the years. The earliest recorded figure is from the 2007 revision, which was Rs 200 per sq.ft. This increased significantly to Rs 2,200 per sq.ft in the 2012 revision, marking a substantial rise of 1000%. However, in the 2017 revision, the value dropped to Rs 1,474 per sq.ft, a decrease of 33%. The most recent revision in 2024 has set the guideline value at Rs 2,400 per sq.ft, reflecting an increase of 63% from the previous figure.

It is important to note that there are no figures available for the revisions in 2023, 2003, and 2002 for this street. Overall, from 2007 to 2024, the guideline value has increased by 1100%.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO that carry a 2024 guideline value, ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value is Rs 2,400 per sq.ft, which is equal to the current guideline value of Cholampedu Bharathi 2nd St.

• Cholampedu Bharathi 1st St.: Rs 2,400 per sq.ft (2024)
• Cholampedu Bharathi 3rd St.: Rs 2,400 per sq.ft (2024)
• Cholambedu Thiruvalluvar Street: Rs 2,400 per sq.ft (2024)
• Cholampedu Bharathi 4th st.: Rs 2,400 per sq.ft (2024)
• Cholambedu Kalaizhar Street: Rs 2,200 per sq.ft (2024)
• Cholampedu Bharathi 5th St.: Rs 2,400 per sq.ft (2024)

Stamp duty and registration fee for property in Cholampedu Bharathi 2nd St.

For a 1,000 sq.ft plot at the current guideline value of Rs 2,400 per sq.ft, the total guideline value would be Rs 24,00,000. The stamp duty at 7% would amount to Rs 1,68,000, and the registration fee at 2% would be Rs 48,000, bringing the total to Rs 2,16,000. 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 Cholampedu Bharathi 2nd St.?

The Cholampedu Bharathi 2nd St. falls under 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 further assistance.

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

The guideline value is a crucial factor in property transactions in Thirumullaivoyal 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, ensuring that the transaction is documented accurately.

Frequently asked questions

What is the current guideline value of Cholampedu Bharathi 2nd St.?

The current guideline value of Cholampedu Bharathi 2nd St. is Rs 2,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 200 per sq.ft in 2007 to Rs 2,400 per sq.ft in 2024, marking an overall increase of 1100% over the years.

What are the revisions where no figures are available for this street?

The revisions for the years 2023, 2003, and 2002 have no figures available for Cholampedu Bharathi 2nd St.

What is the stamp duty rate for properties in Cholampedu Bharathi 2nd St.?

The stamp duty rate for properties in Cholampedu Bharathi 2nd St. is 7% of the guideline value or the sale price, whichever is higher.

Which office handles registrations for Cholampedu Bharathi 2nd St.?

The Ambattur Sub Registrar Office handles registrations for Cholampedu Bharathi 2nd St., located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai.