Guideline Value

Corporate

Guideline Value for Balaganesar Nagar 3rd Street

₹880/sq.ft.

The guideline value for Balaganesar Nagar 3rd 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 3rd Street

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Balaganesar Nagar 3rd Street guideline value

The current guideline value of Balaganesar Nagar 3rd Street is Rs 880 per sq.ft, effective from 1 July 2024. This street is located in Attanthangal village under the Redhills SRO, classified as Residential Class I Type - I.

How the guideline value of Balaganesar Nagar 3rd Street has changed

The guideline value for Balaganesar Nagar 3rd Street has undergone several revisions over the years. The 2007 revision set the value at Rs 300 per sq.ft, which increased significantly to Rs 800 per sq.ft in the 2012 revision. However, from 2012 to 2017, there was a notable decrease of 33%, bringing the value down to Rs 536 per sq.ft. The 2023 revision saw a substantial increase of 49%, raising the value to Rs 800 per sq.ft, which was further increased by 10% in the 2024 revision to the current value of Rs 880 per sq.ft.

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

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 of Rs 880 per sq.ft. Balaganesar Nagar 3rd Street's 2024 figure is equal to this median.

Stamp duty and registration fee for property in Balaganesar Nagar 3rd Street

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 8,80,000. The stamp duty at 7% amounts to Rs 61,600, and the registration fee at 2% is Rs 17,600, totaling Rs 79,200. 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 Balaganesar Nagar 3rd Street?

The Sub Registrar Office covering Balaganesar Nagar 3rd 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 information.

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

The guideline value is a crucial factor during property registration in Attanthangal. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on a standardized valuation of the property.

When buying or selling property, the guideline value helps both parties understand the official value of the property, which is essential for legal and financial transactions. It is important to refer to the latest guideline value to ensure accurate calculations of fees during the registration process.

Frequently asked questions

What is the current guideline value of Balaganesar Nagar 3rd Street?

The current guideline value of Balaganesar Nagar 3rd 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, reflecting an overall increase of 193% over the years.

What are the other streets in Attanthangal with the same guideline value?

Other streets in Attanthangal with the same guideline value of Rs 880 per sq.ft in 2024 include Balaganesar Nagar 1st Street, 2nd Street, 4th Street, 5th Street, 6th Street, and 17th Street.

How is stamp duty calculated for properties in Balaganesar Nagar 3rd Street?

Stamp duty for properties in Balaganesar Nagar 3rd Street is calculated at 7% of the guideline value or sale price, whichever is higher. For example, a 1,000 sq.ft plot has a guideline value of Rs 8,80,000, resulting in a stamp duty of Rs 61,600.

Where can I find the Sub Registrar Office for Balaganesar Nagar 3rd Street?

The Sub Registrar Office for Balaganesar Nagar 3rd Street is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.