Guideline Value for EBRAHIMSAIBU ST

Ebrahimsaibu St guideline value

The current guideline value of Ebrahimsaibu St is Rs 750 per sq.ft, effective from 1 July 2024. This street is located in Walajabad village, under the Walajabad SRO, and is classified as Residential Class IV Type - I.

How the guideline value of Ebrahimsaibu St has changed

The guideline value for Ebrahimsaibu St has seen several revisions over the years. The most recent revision in 2024 maintains the value at Rs 750 per sq.ft, the same as the 2023 revision. Prior to that, the 2017 revision set the value at Rs 502 per sq.ft, marking a significant increase of 49% from 2017 to 2023. The 2012 revision also recorded a value of Rs 750 per sq.ft, indicating a decrease of 33% from the 2012 figure to the 2017 figure.

There are no recorded guideline values for Ebrahimsaibu St in the revisions for the years 2002, 2003, and 2007. Overall, from the 2012 revision to the 2024 revision, the guideline value remains unchanged at Rs 750 per sq.ft.

Guideline values in Walajabad

In Walajabad, there are 196 streets under the Walajabad SRO that carry a 2024 guideline value ranging from Rs 400 to Rs 2,000 per sq.ft. The median value across these streets is Rs 750 per sq.ft, which aligns with the guideline value of Ebrahimsaibu St.

• Ehthiralu Naidu Street: Rs 750 per sq.ft (2024)
• Durasamy Naidu St: Rs 750 per sq.ft (2024)
• Eswaran Koil Street: Rs 750 per sq.ft (2024)
• Dhasappa Ubedhar Street: Rs 750 per sq.ft (2024)
• Dharmaraja Kovil Street: Rs 750 per sq.ft (2024)
• Dharmaraja Kovil Cross St: Rs 750 per sq.ft (2024)

Stamp duty and registration fee for property in Ebrahimsaibu St

For a 1,000 sq.ft plot at the current guideline value of Rs 750 per sq.ft, the total guideline value amounts to Rs 7,50,000. The stamp duty, charged at 7%, would be Rs 52,500, while the registration fee at 2% would be Rs 15,000, bringing the total fees to Rs 67,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Ebrahimsaibu St?

The Sub Registrar Office that covers Ebrahimsaibu St is the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Walajabad. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees that need to be paid to the government.

It is essential for buyers and sellers to be aware of the current guideline value to ensure compliance with legal requirements during the registration of property transactions. This value serves as a reference point for the official valuation of the property.

Frequently asked questions

What is the current guideline value of Ebrahimsaibu St?

The current guideline value of Ebrahimsaibu St is Rs 750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 750 per sq.ft from 2012 to 2024, with a notable increase of 49% from Rs 502 per sq.ft in 2017 to Rs 750 per sq.ft in 2023.

What are the stamp duty and registration fees for properties on Ebrahimsaibu St?

For a property valued at Rs 7,50,000, the stamp duty would be Rs 52,500 and the registration fee would be Rs 15,000, totaling Rs 67,500.

Which office handles registrations for Ebrahimsaibu St?

The Walajabad Sub Registrar Office handles registrations for Ebrahimsaibu St, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone.

Where can I find more information about guideline values in Walajabad?

More information about guideline values in Walajabad can be found in the official guideline value register maintained by the Registration Department.