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Guideline Value

Corporate

Guideline Value for Babu Reddy Avenue Ist Street

₹2350/sq.ft.

The guideline value for Babu Reddy Avenue Ist Street in Anakaputhur village (Pammal SRO, Chengalpattu zone) is Rs 2350 per sq.ft, effective 1 July 2024. It was Rs 2099 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Anakaputhur

Village

Pammal

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹2350 /sq.ft.
From 1-4-2023 ₹2099 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1407 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
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)

Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075
044-22480069
[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 Babu Reddy Avenue Ist Street

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Babu Reddy Avenue Ist Street guideline value

The current guideline value for Babu Reddy Avenue Ist Street is Rs 2,350 per sq.ft as per the 2024 revision, effective from 1 July 2024. This street is located in Anakaputhur village under the Pammal SRO, classified as Residential Class III Type - I.

How the guideline value of Babu Reddy Avenue Ist Street has changed

The guideline value for Babu Reddy Avenue Ist Street has seen several revisions over the years. The 2017 revision set the value at Rs 1,407 per sq.ft, which increased to Rs 2,099 per sq.ft in the 2023 revision. The latest 2024 revision reflects a significant increase to Rs 2,350 per sq.ft, marking a 12% rise from the previous year. Overall, from 2017 to 2024, the increase is 67%.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. The increases from 2017 to 2023 were substantial, amounting to 49%, indicating a consistent rise in the guideline value over the years.

Guideline values in Anakaputhur

In Anakaputhur, a total of 501 streets are listed under the Pammal SRO, with guideline values ranging from Rs 1,320 to Rs 4,640 per sq.ft. The median guideline value in this village is Rs 1,980 per sq.ft, placing Babu Reddy Avenue Ist Street's 2024 figure above that median.

Stamp duty and registration fee for property in Babu Reddy Avenue Ist Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,350 per sq.ft, the total guideline value amounts to Rs 23,50,000. The stamp duty, calculated at 7%, would be Rs 1,64,500, while the registration fee at 2% would be Rs 47,000, bringing the total fees to Rs 2,11,500. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Babu Reddy Avenue Ist Street?

Babu Reddy Avenue Ist Street falls under the jurisdiction of the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.

You can find your SRO for further assistance.

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

The guideline value plays a crucial role during property transactions in Anakaputhur. It is the benchmark used for calculating stamp duty and registration fees, ensuring that both buyers and sellers adhere to the official property valuation set by the government.

When you buy or sell property, the guideline value helps determine the legal documentation and fees involved in the transaction, providing a clear framework for the registration process.

Frequently asked questions

What is the current guideline value for Babu Reddy Avenue Ist Street?

The current guideline value for Babu Reddy Avenue Ist Street is Rs 2,350 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased by 67% to the current value of Rs 2,350 per sq.ft in 2024. The most recent change from 2023 to 2024 was a 12% increase.

Where can I find the registration office for Babu Reddy Avenue Ist Street?

The registration office for Babu Reddy Avenue Ist Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

What is the stamp duty rate for properties in Babu Reddy Avenue Ist Street?

The stamp duty rate for properties in Babu Reddy Avenue Ist Street is 7% of the guideline value or sale price, whichever is higher.

What is the land classification for Babu Reddy Avenue Ist Street?

Babu Reddy Avenue Ist Street is classified as Residential Class III Type - I under the current guidelines.