Guideline Value for BRINDHAVAN GARDEN

Brindhavan Garden guideline value

The current guideline value of Brindhavan Garden in Pammathukulam village is Rs 510 per sq.ft, effective from 1 July 2024. This area falls under the Redhills SRO and is classified as Residential Class I Type - III.

How the guideline value of Brindhavan Garden has changed

The guideline value for Brindhavan Garden has remained consistent at Rs 510 per sq.ft for the revisions in both 2023 and 2024. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017 for this street.

As per the available revisions, the 2023 figure was Rs 510 per sq.ft, which was the same as the 2024 revision, indicating no change between these two years. This stability reflects the current valuation as set by the Registration Department's guideline value register.

Guideline values in Pammathukulam

In Pammathukulam, there are 101 streets under the Redhills SRO that carry a 2024 guideline value ranging from Rs 330 to Rs 825 per sq.ft, with a median value of Rs 550 per sq.ft. The guideline value for Brindhavan Garden is below this median.

• Bismillah Golden City: Rs 660 per sq.ft (2024)
• Classic Avenue: Rs 440 per sq.ft (2024)
• Balaji Nagar: Rs 550 per sq.ft (2024)
• Bala Ganesa Nagar: Rs 820 per sq.ft (2024)
• Athithya Nagar: Rs 660 per sq.ft (2024)
• Eswaran Nagar: Rs 825 per sq.ft (2024)

Stamp duty and registration fee for property in Brindhavan Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 510 per sq.ft, the total guideline value amounts to Rs 5,10,000. The stamp duty at 7% would be Rs 35,700, and the registration fee at 2% would be Rs 10,200, making the total cost for these fees Rs 45,900. It is important to note that the 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 more detailed calculations.

Which Sub Registrar Office covers Brindhavan Garden?

The Brindhavan Garden area is covered by 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 Pammathukulam

The guideline value is a crucial factor during the registration of property transactions in Pammathukulam. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

When a property is registered, the guideline value is checked against the sale price, and the higher amount is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Brindhavan Garden?

The current guideline value of Brindhavan Garden is Rs 510 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Brindhavan Garden has remained at Rs 510 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017 for this street.

What are the guideline values of other streets in Pammathukulam?

Other streets in Pammathukulam have varying guideline values, ranging from Rs 330 to Rs 825 per sq.ft. The median value for these streets is Rs 550 per sq.ft, with Brindhavan Garden's value being below this median.

What are the stamp duty and registration fees for properties in Brindhavan Garden?

For a property valued at Rs 5,10,000, the stamp duty would be Rs 35,700 and the registration fee would be Rs 10,200, totaling Rs 45,900. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles property registrations for Brindhavan Garden?

The Redhills Sub Registrar Office handles property registrations for Brindhavan Garden. It is located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.