Guideline Value for Paventhara Bharathidasan St

Paventhara Bharathidasan St guideline value

The current guideline value of Paventhara Bharathidasan St is Rs 241 per sq.ft, effective from 1 July 2024. This street is located in Ammayarkuppam village, under the Ramakrishna Rajupettai SRO, and is classified as Residential Class II Type - I.

How the guideline value of Paventhara Bharathidasan St has changed

The guideline value for Paventhara Bharathidasan St has undergone several revisions over the years. The earliest recorded figure is from 2007, when it was Rs 75 per sq.ft. This increased significantly to Rs 240 per sq.ft in 2012, marking a 220% rise. However, in 2017, the value decreased to Rs 161 per sq.ft, reflecting a drop of 33%. The value then rose to Rs 241 per sq.ft in 2023, and remained the same in the 2024 revision, resulting in a 50% increase from the previous figure.

It is important to note that there are no recorded guideline values for Paventhara Bharathidasan St in the years 2002 and 2003. Overall, from 2007 to 2024, the guideline value has increased by 221%.

Guideline values in Ammayarkuppam

Ammayarkuppam has 43 streets under the Ramakrishna Rajupettai SRO that carry a 2024 guideline value, ranging from Rs 150 to Rs 260 per sq.ft. The median guideline value in the village is Rs 260 per sq.ft, positioning Paventhara Bharathidasan St below this median.

• Paaranchi St: Rs 260 per sq.ft (2024)
• Othavadai Street: Rs 260 per sq.ft (2024)
• Ponniamman Koil St: Rs 260 per sq.ft (2024)
• Sakthiamman koil st: Rs 260 per sq.ft (2024)
• Sannathi St: Rs 260 per sq.ft (2024)
• Santhan street: Rs 260 per sq.ft (2024)

Stamp duty and registration fee for property in Paventhara Bharathidasan St

For a 1,000 sq.ft plot at the current guideline value of Rs 241 per sq.ft, the total guideline value would be Rs 2,41,000. The stamp duty at 7% would amount to Rs 16,870, and the registration fee at 2% would be Rs 4,820, totaling Rs 21,690. 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 details.

Which Sub Registrar Office covers Paventhara Bharathidasan St?

The Sub Registrar Office that covers Paventhara Bharathidasan St is the Ramakrishna Rajupettai Sub Registrar Office, located at Pallipattu Road, Rk Pettai 631 303, Chennai registration zone. To find your SRO, visit find your SRO.

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

The guideline value is a crucial factor during property registration in Ammayarkuppam. It serves as the basis for calculating the stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property transactions.

When buying or selling property, the guideline value must be considered alongside the sale price. The higher value between the guideline and the sale price is used to determine the applicable duties and fees, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value of Paventhara Bharathidasan St?

The current guideline value of Paventhara Bharathidasan St is Rs 241 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 75 per sq.ft in 2007 to Rs 241 per sq.ft in 2024, reflecting an overall increase of 221% over the years.

What are the stamp duty and registration fees for property on this street?

For a 1,000 sq.ft plot, the total guideline value is Rs 2,41,000. The stamp duty would be Rs 16,870, and the registration fee would be Rs 4,820, totaling Rs 21,690.

Which SRO covers Paventhara Bharathidasan St?

The Ramakrishna Rajupettai Sub Registrar Office covers Paventhara Bharathidasan St, located at Pallipattu Road, Rk Pettai 631 303, Chennai registration zone.

What is the median guideline value in Ammayarkuppam?

The median guideline value in Ammayarkuppam is Rs 260 per sq.ft, with Paventhara Bharathidasan St's current value being below this median.