Guideline Value for BLM WORLD CITY

Blm World City guideline value

The current guideline value of Blm World City, located in Perunagar village under the Uthiramerur SRO, is Rs 600 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class II Type - II.

How the guideline value of Blm World City has changed

According to the guideline value register, there have been no figures recorded for Blm World City in the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision also listed the guideline value at Rs 600 per sq.ft, with no change from the previous year.

The 2024 revision maintains the guideline value at Rs 600 per sq.ft, showing a change of +0% from 2023 to 2024. This consistency indicates stability in the guideline value for this street over the last two years.

Guideline values in Perunagar

In Perunagar, there are seven streets under the Uthiramerur SRO that carry a 2024 guideline value, ranging from Rs 134 to Rs 600 per sq.ft. The median value for these streets is Rs 201 per sq.ft, placing Blm World City's 2024 figure above that median.

• Mumoorthi Nagar: Rs 134 per sq.ft (2024)
• Rds Nagar: Rs 150 per sq.ft (2024)
• Sri Balaji Nagar: Rs 300 per sq.ft (2024)
• Sri Balaji Nagar Phase II: Rs 300 per sq.ft (2024)
• Sri Panduranga Nagar: Rs 201 per sq.ft (2024)
• Sri Ramaanchaneyar Nagar: Rs 134 per sq.ft (2024)

Stamp duty and registration fee for property in Blm World City

For a 1,000 sq.ft plot at the current rate of Rs 600 per sq.ft, the guideline value amounts to Rs 6,00,000. The stamp duty at 7% would be Rs 42,000, and the registration fee at 2% would be Rs 12,000, totaling Rs 54,000. Please note that 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 further calculations.

Which Sub Registrar Office covers Blm World City?

The Sub Registrar Office that covers Blm World City is the Uthiramerur Sub Registrar Office, located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor when registering property transactions in Perunagar. It is used to determine the stamp duty and registration fees applicable during the sale or purchase of property.

When a property is bought or sold, the guideline value helps ensure that the transaction is recorded accurately, reflecting the value of the property as determined by the local authorities. This process helps maintain transparency and consistency in property dealings.

Frequently asked questions

What is the current guideline value of Blm World City?

The current guideline value of Blm World City is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Blm World City has remained at Rs 600 per sq.ft for the years 2023 and 2024, with no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification of Blm World City?

Blm World City is classified as Residential Class II Type - II according to the local land classification guidelines.

What are the stamp duty and registration fees for a property in Blm World City?

For a property valued at Rs 6,00,000, the stamp duty would be Rs 42,000 and the registration fee would be Rs 12,000, totaling Rs 54,000. These fees are based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Blm World City located?

The Uthiramerur Sub Registrar Office is located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone.