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Guideline Value for Balaji Nagar Extn Karumari Street

₹2350/sq.ft.

The guideline value for Balaji Nagar Extn Karumari 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 Balaji Nagar Extn Karumari Street

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Balaji Nagar Extn Karumari Street guideline value

The current guideline value of Balaji Nagar Extn Karumari Street is Rs 2,350 per sq.ft, effective from 1 July 2024. This street is located in Anakaputhur village, under the Pammal SRO, and is classified as Residential Class III Type - I.

How the guideline value of Balaji Nagar Extn Karumari Street has changed

The guideline value for Balaji Nagar Extn Karumari Street has undergone several revisions over the years. The oldest recorded revision is from 2017, with a guideline value of Rs 1,407 per sq.ft. In 2023, this value increased to Rs 2,099 per sq.ft, marking a 49% rise. The most recent revision in 2024 set the guideline value at Rs 2,350 per sq.ft, which is a 12% increase from the previous year.

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

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO that have a 2024 guideline value ranging from Rs 1,320 to Rs 4,640 per sq.ft. The median value for these streets is Rs 1,980 per sq.ft, placing Balaji Nagar Extn Karumari Street's 2024 figure above that median.

Stamp duty and registration fee for property in Balaji Nagar Extn Karumari 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 at 7% would be Rs 1,64,500, and 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. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Balaji Nagar Extn Karumari Street?

The Sub Registrar Office that covers Balaji Nagar Extn Karumari Street 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 is a critical factor when registering property transactions in Anakaputhur. It serves as a basis for determining the stamp duty and registration fees applicable to the sale or purchase of property.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the registration process is aligned with the current market conditions as reflected in the guideline value.

Frequently asked questions

What is the current guideline value of Balaji Nagar Extn Karumari Street?

The current guideline value of Balaji Nagar Extn Karumari Street is Rs 2,350 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 1,407 per sq.ft to Rs 2,350 per sq.ft in 2024, reflecting an overall increase of 67%.

What is the median guideline value in Anakaputhur?

The median guideline value for the 501 streets in Anakaputhur is Rs 1,980 per sq.ft, with Balaji Nagar Extn Karumari Street's value being above this median.

What are the stamp duty and registration fees for a property in this area?

For a property valued at Rs 23,50,000, the stamp duty would be Rs 1,64,500 and the registration fee would be Rs 47,000, totaling Rs 2,11,500.

Which office handles property registrations for Balaji Nagar Extn Karumari Street?

The Pammal Sub Registrar Office handles property registrations for Balaji Nagar Extn Karumari Street, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.