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Guideline Value

Corporate

Guideline Value for Balaji Nagar Subramaniya Bharathiyar St

₹2350/sq.ft.

The guideline value for Balaji Nagar Subramaniya Bharathiyar St 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 Balaji Nagar Subramaniya Bharathiyar St

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Balaji Nagar Subramaniya Bharathiyar St guideline value

The current guideline value of Balaji Nagar Subramaniya Bharathiyar St is Rs 2,350 per sq.ft, 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 Balaji Nagar Subramaniya Bharathiyar St has changed

In the 2017 revision, the guideline value was Rs 1,407 per sq.ft. This increased to Rs 2,099 per sq.ft in the 2023 revision, marking a significant rise of 49%. The most recent 2024 revision saw another increase, bringing the value to Rs 2,350 per sq.ft, which is a 12% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 67%. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 1,320 to Rs 4,640 per sq.ft, with a median value of Rs 1,980 per sq.ft. Balaji Nagar Subramaniya Bharathiyar St's 2024 guideline value is above this median.

Stamp duty and registration fee for property in Balaji Nagar Subramaniya Bharathiyar St

For a 1,000 sq.ft plot at the current guideline value of Rs 2,350 per sq.ft, the total guideline value would be Rs 23,50,000. The stamp duty at 7% would be Rs 1,64,500, and the registration fee at 2% would be Rs 47,000, bringing the total charges to Rs 2,11,500. 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 Balaji Nagar Subramaniya Bharathiyar St?

The Balaji Nagar Subramaniya Bharathiyar St falls under the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Anakaputhur. It serves as a benchmark for determining the stamp duty and registration fees, ensuring that these charges are based on the official valuation of the property.

When buying or selling property, the guideline value helps in establishing a fair price for the transaction. Buyers and sellers must consider this value as it plays a significant role in the legal and financial aspects of property transfer.

Frequently asked questions

What is the current guideline value of Balaji Nagar Subramaniya Bharathiyar St?

The current guideline value of Balaji Nagar Subramaniya Bharathiyar St is Rs 2,350 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,407 per sq.ft in 2017 to Rs 2,099 per sq.ft in 2023, and now to Rs 2,350 per sq.ft in 2024. This represents an overall increase of 67% from 2017 to 2024.

What is the land classification of Balaji Nagar Subramaniya Bharathiyar St?

Balaji Nagar Subramaniya Bharathiyar St is classified as Residential Class III Type - I.

Where can I find the Pammal Sub Registrar Office?

The Pammal Sub Registrar Office is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone.

How is stamp duty calculated for properties in Balaji Nagar Subramaniya Bharathiyar St?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 23,50,000, the stamp duty would be Rs 1,64,500.