Guideline Value

Corporate

Guideline Value for B.V.R. Nagar (I,II)

₹1000/sq.ft.

The guideline value for B.v.r. Nagar (i,ii) in Adhanoor village (Gooduvancheri SRO, Chengalpattu zone) is Rs 1000 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Adhanoor

Village

Gooduvancheri

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1000 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹200 /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)

Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on B.v.r. Nagar (i,ii)

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B.V.R. Nagar (I,II) guideline value

The current guideline value for B.V.R. Nagar (I,II) is Rs 1,000 per sq.ft, effective from 1 July 2024. This area is located in Adhanoor village and falls under the Gooduvancheri SRO. The land classification for this locality is Residential Special Type - I.

How the guideline value of B.V.R. Nagar (I,II) has changed

The guideline value for B.V.R. Nagar has undergone several revisions over the years. In 2007, the guideline value was set at Rs 200 per sq.ft, which increased significantly to Rs 1,000 per sq.ft in 2012, marking a 400% rise. However, in 2017, the value adjusted down to Rs 670 per sq.ft, reflecting a decrease of 33%. The value then increased again to Rs 1,000 per sq.ft in 2023 and has remained the same in the 2024 revision, indicating no change from the previous year.

It is important to note that there are no figures available for the revisions in 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 400%.

Guideline values in Adhanoor

In Adhanoor, there are 169 streets under the Gooduvancheri SRO that have a guideline value for 2024, ranging from Rs 670 to Rs 3,000 per sq.ft. The median guideline value is Rs 1,000 per sq.ft, which is equal to the current figure for B.V.R. Nagar (I,II).

Stamp duty and registration fee for property in B.V.R. Nagar (I,II)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total fees to Rs 90,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers B.V.R. Nagar (I,II)?

B.V.R. Nagar (I,II) is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Adhanoor, as it determines the minimum value at which a property can be registered. When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees, ensuring that both parties are aware of the official valuation.

During the registration process, if the sale price of the property is higher than the guideline value, the stamp duty will be calculated based on 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 B.V.R. Nagar (I,II)?

The current guideline value of B.V.R. Nagar (I,II) is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, with the most significant changes occurring from Rs 200 per sq.ft in 2007 to Rs 1,000 per sq.ft in 2012, and then to Rs 670 per sq.ft in 2017. Since then, it has remained at Rs 1,000 per sq.ft in 2023 and 2024.

What are the stamp duty and registration fees for property in B.V.R. Nagar (I,II)?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a property valued at Rs 10,00,000, the total fees would amount to Rs 90,000.

Which office handles registrations for B.V.R. Nagar (I,II)?

The Gooduvancheri Sub Registrar Office handles registrations for B.V.R. Nagar (I,II), located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202.

What is the significance of the guideline value in property transactions?

The guideline value is used to determine the minimum value for property registration and is essential for calculating stamp duty and registration fees. It ensures that properties are valued appropriately during transactions.