Guideline Value for BALAMURUGAN ANEX

Balamurugan Anex guideline value

The current guideline value of Balamurugan Anex is Rs 600 per sq.ft. This property is located in Perumalpattu village and falls under the Tiruvallur Joint 1 SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Balamurugan Anex has changed

According to the guideline value register, there are no figures available for Balamurugan Anex for the years 2002, 2003, 2007, 2012, 2017, and 2024. The only available figure is from the 2023 revision, which is Rs 600 per sq.ft.

Since there are no figures for the previous revisions, we can conclude that the guideline value for Balamurugan Anex has remained consistent at Rs 600 per sq.ft since the last recorded revision in 2023.

Guideline values in Perumalpattu

Currently, there are no specific village figures available for Perumalpattu. Balamurugan Anex is the only street mentioned, and there are no other streets in Perumalpattu under the Tiruvallur Joint 1 SRO.

Stamp duty and registration fee for property in Balamurugan Anex

For a 1,000 sq.ft plot at the current rate of Rs 600 per sq.ft, the guideline value would be Rs 6,00,000. The stamp duty at 7% would amount to Rs 42,000, and the registration fee at 2% would be Rs 12,000, bringing the total to Rs 54,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Balamurugan Anex?

Balamurugan Anex is covered by the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Perumalpattu. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property transactions.

When a buyer or seller engages in a transaction, the guideline value is compared with the sale price. The higher of the two figures is used to determine the applicable stamp duty and registration fees, ensuring compliance with legal requirements.

Frequently asked questions

What is the current guideline value of Balamurugan Anex?

The current guideline value of Balamurugan Anex is Rs 600 per sq.ft, as per the 2023 revision.

What land classification does Balamurugan Anex fall under?

Balamurugan Anex is classified as Residential Class II Type - I, indicating its suitability for residential development.

Are there any previous revisions for the guideline value of Balamurugan Anex?

Yes, the guideline value register shows no figures for Balamurugan Anex for the years 2002, 2003, 2007, 2012, 2017, and 2024. The only available figure is from the 2023 revision.

How is the stamp duty calculated for properties in Balamurugan Anex?

Stamp duty for properties in Balamurugan Anex is calculated based on the higher of the guideline value or the sale price. For example, a 1,000 sq.ft plot at the current rate would incur a total duty of Rs 54,000.

Where can I find the Sub Registrar Office for Balamurugan Anex?

The Sub Registrar Office covering Balamurugan Anex is the Tiruvallur Joint 1 SRO, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001. You can find more information about your SRO through the provided link.