Guideline Value for Balaji Nagar Extn Thirupursundari Street

Balaji Nagar Extn Thirupursundari Street guideline value

The current guideline value of Balaji Nagar Extn Thirupursundari Street is Rs 2,350 per sq.ft, effective from 1 July 2024. This street is located in Anakaputhur village under the Pammal Sub Registrar Office (SRO). The land classification for this area is Residential Class III Type - I.

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

The guideline value for Balaji Nagar Extn Thirupursundari Street has seen several revisions over the years. The 2017 revision set the value at Rs 1,407 per sq.ft, which increased to Rs 2,099 per sq.ft in the 2023 revision. The most recent revision in 2024 has raised the guideline value to Rs 2,350 per sq.ft, marking a 12% increase from the previous year. Overall, from 2017 to 2024, there has been a significant increase of 67% in the guideline value.

It is important to note that there are no figures available for the revisions in the years 2002, 2003, 2007, and 2012 for this street. This lack of data means that the guideline value has only been officially recorded from 2017 onwards.

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. The median guideline value for these streets is Rs 1,980 per sq.ft, placing Balaji Nagar Extn Thirupursundari Street's current value above this median.

• Balaji Nagar Extn Thirumurugan Street: Rs 2,350 per sq.ft (2024)
• Balaji Nagar Extn Karumari Street: Rs 2,350 per sq.ft (2024)
• Balaji Nagar II nd Cross Street: Rs 2,350 per sq.ft (2024)
• Balaji Nagar Extn Brindhavan Street: Rs 2,350 per sq.ft (2024)
• Balaji Nagar Ist Cross Street: Rs 2,350 per sq.ft (2024)
• Balaji Nagar Extn Appar Street: Rs 2,350 per sq.ft (2024)

Stamp duty and registration fee for property in Balaji Nagar Extn Thirupursundari 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, charged 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 the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Balaji Nagar Extn Thirupursundari Street?

The Sub Registrar Office that covers Balaji Nagar Extn Thirupursundari 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 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 at which a property can be registered, ensuring transparency in property transactions.

When a buyer approaches the registration office, the guideline value is referenced to calculate the applicable stamp duty and registration fees. This ensures that all transactions are conducted fairly and in accordance with the established property values in the area.

Frequently asked questions

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

The current guideline value of Balaji Nagar Extn Thirupursundari Street 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 from Rs 1,407 per sq.ft in 2017 to Rs 2,350 per sq.ft in 2024, reflecting a total increase of 67% over this period.

What are the stamp duty and registration fees for 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 in Anakaputhur?

The Pammal Sub Registrar Office handles property registrations in Anakaputhur, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

What is the median guideline value for streets in Anakaputhur?

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