Guideline Value for Balaganesar Nagar 11th Street

₹880/sq.ft.

The guideline value for Balaganesar Nagar 11th Street in Attanthangal village (Redhills SRO, Chennai zone) is Rs 880 per sq.ft, effective 1 July 2024. It was Rs 800 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Attanthangal

Village

Redhills

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹880 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹800 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹300 /sq.ft.
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)

Sub Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.
044-29570109
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Balaganesar Nagar 11th Street

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Balaganesar Nagar 11th Street guideline value

The current guideline value for Balaganesar Nagar 11th Street is Rs 880 per sq.ft, effective from 1 July 2024. This street is located in Attanthangal village, under the Redhills SRO, and is classified as Residential Class I Type - I.

How the guideline value of Balaganesar Nagar 11th Street has changed

The guideline value for Balaganesar Nagar 11th Street has undergone several revisions over the years. The earliest recorded figure is from 2007, where it was Rs 300 per sq.ft. This increased significantly to Rs 800 per sq.ft in 2012, marking a rise of 167%. However, the value dropped to Rs 536 per sq.ft in 2017, a decrease of 33%. The value then rose to Rs 800 per sq.ft in 2023, followed by a further increase to Rs 880 per sq.ft in 2024, representing a 10% increase.

From 2017 to 2023, the guideline value increased by 49%. Overall, from 2007 to 2024, the guideline value has increased by 193%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Attanthangal

In Attanthangal, there are 80 streets under the Redhills SRO that carry a 2024 guideline value ranging from Rs 440 to Rs 880 per sq.ft, with a median value of Rs 880 per sq.ft. Balaganesar Nagar 11th Street's 2024 figure matches this median.

Stamp duty and registration fee for property in Balaganesar Nagar 11th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 880 per sq.ft, the total guideline value amounts to Rs 8,80,000. The stamp duty at 7% would be Rs 61,600, and the registration fee at 2% would be Rs 17,600, bringing the total fees to Rs 79,200. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Balaganesar Nagar 11th Street?

The Sub Registrar Office that covers Balaganesar Nagar 11th Street is 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 details.

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

The guideline value is a crucial factor when buying or selling property in Attanthangal, as it determines the stamp duty and registration fees payable during the registration process. Buyers and sellers must be aware that the guideline value is used to calculate these fees, ensuring compliance with local regulations.

When a property is registered, the guideline value serves as a benchmark for the transaction, helping to standardize property values across the area. This ensures that all transactions are conducted fairly and transparently, based on established values.

Frequently asked questions

What is the current guideline value of Balaganesar Nagar 11th Street?

The current guideline value of Balaganesar Nagar 11th Street is Rs 880 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 300 per sq.ft in 2007 to Rs 880 per sq.ft in 2024, marking an overall increase of 193% over the years.

What are the stamp duty and registration fees for this street?

The stamp duty is calculated at 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total fees amount to Rs 79,200.

Which Sub Registrar Office covers Balaganesar Nagar 11th Street?

The Redhills Sub Registrar Office covers Balaganesar Nagar 11th Street, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

What is the significance of the guideline value?

The guideline value is significant as it determines the stamp duty and registration fees during property transactions, ensuring compliance with local regulations and standardizing property values in the area.