Guideline Value for SRI BALAJI AVENUE

Sri Balaji Avenue guideline value

The current guideline value of Sri Balaji Avenue is Rs 1,200 per sq.ft. This street is located in Thaiyur-A village, under the Thiruporur Sub Registrar Office (SRO), and is classified as Residential Special Type - I.

How the guideline value of Sri Balaji Avenue has changed

The guideline value for Sri Balaji Avenue has undergone revisions over the years. In the 2017 revision, the guideline value was set at Rs 804 per sq.ft. This marked a significant increase from the previous revision, with a change of +49%. The most recent revision in 2023 established the current guideline value at Rs 1,200 per sq.ft.

There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street. Therefore, the only recorded values are from the 2017 and 2023 revisions.

Guideline values in Thaiyur-A

Currently, there are no specific village figures provided for Thaiyur-A. Sri Balaji Avenue is one of the streets under the Thiruporur SRO. There are no other streets in Thaiyur-A listed with guideline values.

Stamp duty and registration fee for property in Sri Balaji Avenue

For a 1,000 sq.ft plot at the current rate of Rs 1,200 per sq.ft, the guideline value amounts to Rs 12,00,000. The stamp duty, charged at 7%, would be Rs 84,000, and the registration fee at 2% would be Rs 24,000. Together, the total cost for these fees would be Rs 1,08,000. 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 Sri Balaji Avenue?

The Thiruporur Sub Registrar Office covers Sri Balaji Avenue. The office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Thaiyur-A

The guideline value is an essential factor during property transactions in Thaiyur-A. It serves as a benchmark for determining the stamp duty and registration fees applicable when registering a property sale or purchase.

When a property is registered, the guideline value is used to calculate the fees based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Sri Balaji Avenue?

The current guideline value of Sri Balaji Avenue is Rs 1,200 per sq.ft, as per the 2023 revision.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 804 per sq.ft in 2017 to Rs 1,200 per sq.ft in 2023, marking a change of +49%.

Are there any guideline values for previous years?

There are no figures available for the guideline values for the years 2002, 2003, 2007, 2012, and 2024 for Sri Balaji Avenue.

What are the stamp duty and registration fees for properties in Sri Balaji Avenue?

For a property valued at Rs 12,00,000, the stamp duty would be Rs 84,000 and the registration fee would be Rs 24,000, totaling Rs 1,08,000.

Where is the Thiruporur Sub Registrar Office located?

The Thiruporur Sub Registrar Office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.