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Guideline Value

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Guideline Value for Allimedu Pradhana Salai

₹385/sq.ft.

The guideline value for Allimedu Pradhana Salai in Orakadu & Kiruthalapuram village (Redhills SRO, Chennai zone) is Rs 385 per sq.ft, effective 1 July 2024. It was Rs 350 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Orakadu & Kiruthalapuram

Village

Redhills

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹385 /sq.ft.
From 1-4-2023 ₹350 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹234 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹350 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹300 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Sub Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.
044-29570109
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Allimedu Pradhana Salai

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Allimedu Pradhana Salai guideline value

The current guideline value of Allimedu Pradhana Salai is Rs 385 per sq.ft, effective from 1 July 2024. This street is located in Orakadu & Kiruthalapuram village under the Redhills SRO and is classified as Residential Class I Type - I.

How the guideline value of Allimedu Pradhana Salai has changed

The guideline value for Allimedu Pradhana Salai has seen several revisions over the years. The earliest available revision is from 2007, where the guideline value was Rs 300 per sq.ft. This increased to Rs 350 per sq.ft in 2012, but then decreased to Rs 234 per sq.ft in 2017. The value rose significantly to Rs 350 per sq.ft in 2023, and currently stands at Rs 385 per sq.ft as of the 2024 revision.

Between these revisions, there have been notable changes. From 2017 to 2023, the guideline value increased by 50%. However, from 2012 to 2017, there was a decrease of 33%. The increase from 2007 to 2012 was 17%, and overall, from 2007 to 2024, the guideline value has risen by 28%.

Guideline values in Orakadu & Kiruthalapuram

In Orakadu & Kiruthalapuram, there are 34 streets under the Redhills SRO that carry a 2024 guideline value, ranging from Rs 275 to Rs 900 per sq.ft. The median value is Rs 385 per sq.ft, which is the same as the current guideline value for Allimedu Pradhana Salai.

Stamp duty and registration fee for property in Allimedu Pradhana Salai

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 3,85,000. The stamp duty at 7% amounts to Rs 26,950, and the registration fee at 2% is Rs 7,700, bringing the total to Rs 34,650. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Allimedu Pradhana Salai?

The Sub Registrar Office that covers Allimedu Pradhana Salai is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Orakadu & Kiruthalapuram

The guideline value is a crucial factor when registering property in Orakadu & Kiruthalapuram. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Allimedu Pradhana Salai?

The current guideline value of Allimedu Pradhana Salai is Rs 385 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Over the years, the guideline value has fluctuated, with the most recent increase being from Rs 350 per sq.ft in 2023 to Rs 385 per sq.ft in 2024. The value was as low as Rs 234 per sq.ft in 2017.

What is the registration office for Allimedu Pradhana Salai?

The registration office for Allimedu Pradhana Salai is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

How is stamp duty calculated for properties in Allimedu Pradhana Salai?

Stamp duty for properties in Allimedu Pradhana Salai is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 3,85,000, the stamp duty would be Rs 26,950 at 7%.

What are the other streets in Orakadu & Kiruthalapuram with similar guideline values?

Other streets in Orakadu & Kiruthalapuram with a guideline value of Rs 385 per sq.ft include Allimedu Vilaiyattu Maidha Salai, Anna Street, Bharathiar Street, Bharathidasan Street, and Bharathi Nagar.