Guideline Value for sivanthangal bajanai koil street

Sivanthangal Bajanai Koil Street guideline value

The current guideline value of Sivanthangal Bajanai Koil Street is Rs 700 per sq.ft, effective from 1 July 2024. This street is located in Sriperumbudur A village, under the jurisdiction of the Sriperumpudur SRO. The land classification for this area is Residential Class III Type - I.

How the guideline value of Sivanthangal Bajanai Koil Street has changed

In the 2017 revision, the guideline value for Sivanthangal Bajanai Koil Street was Rs 469 per sq.ft. This figure remained unchanged in the 2023 revision, which also recorded Rs 700 per sq.ft. The latest revision in 2024 has kept the guideline value at Rs 700 per sq.ft, resulting in a total increase of 49% from the 2017 figure to the 2024 figure.

There are no recorded figures for Sivanthangal Bajanai Koil Street in the revisions for the years 2002, 2003, 2007, and 2012. The consistent guideline value from 2023 to 2024 shows no percentage change, remaining at Rs 700 per sq.ft.

Guideline values in Sriperumbudur A

In Sriperumbudur A, there are 238 streets under the Sriperumpudur SRO that carry a guideline value for 2024, ranging from Rs 400 to Rs 3,000 per sq.ft. The median guideline value for these streets is Rs 700 per sq.ft, which matches the current value of Sivanthangal Bajanai Koil Street.

• Sivanthangal Main Salai: Rs 800 per sq.ft (2024)
• Sivanthangal Mettu Street: Rs 700 per sq.ft (2024)
• Sivanthangal Palla Street: Rs 700 per sq.ft (2024)
• Sivanthangal Road: Rs 1,200 per sq.ft (2024)
• Sivanthangal Sree Nagar IIIrd Street: Rs 700 per sq.ft (2024)
• Sivanthangal Sree Nagar IInd Street: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Sivanthangal Bajanai Koil Street

For a 1,000 sq.ft plot at the current rate of Rs 700 per sq.ft, the guideline value amounts to Rs 7,00,000. The stamp duty at 7% would be Rs 49,000, while the registration fee at 2% would be Rs 14,000, making the total Rs 63,000. Please 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 information.

Which Sub Registrar Office covers Sivanthangal Bajanai Koil Street?

The Sivanthangal Bajanai Koil Street falls under the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. To locate your SRO, you can find your SRO.

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

The guideline value plays a crucial role during property transactions in Sriperumbudur A. It is the basis for calculating stamp duty and registration fees, which are mandatory expenses when registering a property.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair price, as it reflects the official valuation set by the government. This helps to maintain transparency and standardization in property dealings.

Frequently asked questions

What is the current guideline value of Sivanthangal Bajanai Koil Street?

The current guideline value of Sivanthangal Bajanai Koil Street is Rs 700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 469 per sq.ft in 2017 to Rs 700 per sq.ft in both 2023 and 2024, marking a 49% increase over this period.

Are there any years without recorded guideline values for this street?

Yes, the revisions for the years 2002, 2003, 2007, and 2012 do not have recorded figures for Sivanthangal Bajanai Koil Street.

What is the stamp duty rate for properties in Sivanthangal Bajanai Koil Street?

The stamp duty rate for properties in Sivanthangal Bajanai Koil Street is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Sivanthangal Bajanai Koil Street?

The Sub Registrar Office for Sivanthangal Bajanai Koil Street is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.