Guideline Value for Balaji Nagar 4th Main Road
₹2350/sq.ft.
The guideline value for Balaji Nagar 4th Main Road 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 | ₹300 /sq.ft. |
| From 1-4-2003 To 31-7-2007 | ₹221 /sq.ft. |
| 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.
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[email protected], [email protected]
Records for a plot on Balaji Nagar 4th Main Road
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Pammal sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Balaji Nagar 4th Main Road guideline value
The current guideline value of Balaji Nagar 4th Main Road is Rs 2,350 per sq.ft, effective from 1 July 2024. This road is located in Anakaputhur village under the Pammal SRO and falls under the Residential Class III Type - I land classification.
How the guideline value of Balaji Nagar 4th Main Road has changed
The guideline value for Balaji Nagar 4th Main Road has seen significant changes over the years. In 2003, the value was Rs 221 per sq.ft, which increased to Rs 300 per sq.ft in 2007. This was a 36% increase. By 2017, the value rose dramatically to Rs 1,407 per sq.ft, marking a 369% increase from 2007. The 2023 revision set the value at Rs 2,099 per sq.ft, reflecting a 49% increase from 2017. The current 2024 revision has further increased the value to Rs 2,350 per sq.ft, which is a 12% rise from 2023.
It is important to note that there are no figures available for the revisions in 2002 and 2012 for this street. Overall, from 2003 to 2024, the guideline value has increased by 963%.
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. The guideline value for Balaji Nagar 4th Main Road is above this median.
- Balaji Nagar 4th Street: Rs 2,350 per sq.ft (2024)
- Balaji Nagar 3th Street: Rs 2,350 per sq.ft (2024)
- Balaji Nagar 3rd Main Road: Rs 2,350 per sq.ft (2024)
- Balaji Nagar 5th Street: Rs 2,350 per sq.ft (2024)
- Balaji Nagar 30 feet Road: Rs 2,350 per sq.ft (2024)
- Balaji Nagar 2th Street: Rs 2,350 per sq.ft (2024)
Stamp duty and registration fee for property in Balaji Nagar 4th Main Road
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, making the total cost Rs 2,11,500. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers Balaji Nagar 4th Main Road?
The Sub Registrar Office that covers Balaji Nagar 4th Main Road is 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 plays a crucial role in the registration process when buying or selling property in Anakaputhur. It serves as a benchmark for determining the minimum value of a property, ensuring that the transaction is registered at a fair value as per government standards.
When a property is sold, the buyer must pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.
Frequently asked questions
What is the current guideline value of Balaji Nagar 4th Main Road?
The current guideline value of Balaji Nagar 4th Main Road 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 increased significantly from Rs 221 per sq.ft in 2003 to Rs 2,350 per sq.ft in 2024, reflecting an overall increase of 963% over the years.
What is the land classification for Balaji Nagar 4th Main Road?
Balaji Nagar 4th Main Road 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 the stamp duty calculated for properties in Balaji Nagar 4th Main Road?
Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, a registration fee of 2% is applicable.
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