Guideline Value for BETHEL

Bethel guideline value

The current guideline value for Bethel, located in Perungavur village under the Redhills SRO, is Rs 900 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Special Type - III.

How the guideline value of Bethel has changed

In the 2024 revision, the guideline value for Bethel is Rs 900 per sq.ft. The previous revision in 2023 also recorded the same figure of Rs 900 per sq.ft. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

Between the revisions of 2023 and 2024, there was no change in the guideline value, maintaining a consistent rate of Rs 900 per sq.ft.

Guideline values in Perungavur

In Perungavur, there are 79 streets under the Redhills SRO that have a 2024 guideline value ranging from Rs 220 to Rs 1,500 per sq.ft, with a median value of Rs 275 per sq.ft. The guideline value for Bethel is above this median.

• Bala Murugan Nagar Annex: Rs 220 per sq.ft (2024)
• Brindavan Garden Annex: Rs 275 per sq.ft (2024)
• Brindavan Gardens: Rs 385 per sq.ft (2024)
• Ashok Metrovaram Phase-II: Rs 770 per sq.ft (2024)
• Golden Garden: Rs 385 per sq.ft (2024)
• Golden Nagar: Rs 220 per sq.ft (2024)

Stamp duty and registration fee for property in Bethel

For a 1,000 sq.ft plot at the current guideline value of Rs 900 per sq.ft, the total guideline value amounts to Rs 9,00,000. The stamp duty at 7% would be Rs 63,000, and the registration fee at 2% would be Rs 18,000, making the total charges Rs 81,000. 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 Bethel?

Bethel falls under 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 Perungavur

The guideline value is an essential factor when registering property transactions in Perungavur. It determines the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property, the guideline value serves as a benchmark for the transaction. It is crucial for buyers and sellers to be aware of the guideline value to understand the financial implications of their property dealings.

Frequently asked questions

What is the current guideline value of Bethel?

The current guideline value of Bethel is Rs 900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Bethel has remained at Rs 900 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification for Bethel?

Bethel is classified as Residential Special Type - III, which indicates the nature of development and usage permitted in the area.

Where can I find the Sub Registrar Office for Bethel?

The Sub Registrar Office covering Bethel is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

How is the stamp duty calculated for property in Bethel?

The stamp duty for property in Bethel is calculated based on the guideline value or the sale price, whichever is higher. For instance, for a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 63,000.