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Guideline Value

Corporate

Guideline Value for Balaji Nagar Rajivi Gandhi Ist Cross Street

₹2350/sq.ft.

The guideline value for Balaji Nagar Rajivi Gandhi Ist Cross 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 Rajivi Gandhi Ist Cross Street

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Balaji Nagar Rajivi Gandhi Ist Cross Street guideline value

The current guideline value of Balaji Nagar Rajivi Gandhi Ist Cross 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 Rajivi Gandhi Ist Cross Street has changed

The guideline value for Balaji Nagar Rajivi Gandhi Ist Cross Street has undergone several revisions over the years. The oldest recorded revision is from 2017, where the guideline value was Rs 1,407 per sq.ft. This figure increased significantly to Rs 2,099 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 set the guideline value at Rs 2,350 per sq.ft, representing a 12% increase from the previous year.

There are no figures available for the years 2002, 2003, 2007, and 2012 in the register 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 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, which indicates that Balaji Nagar Rajivi Gandhi Ist Cross Street's 2024 guideline value is above this median.

Stamp duty and registration fee for property in Balaji Nagar Rajivi Gandhi Ist Cross Street

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 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 information.

Which Sub Registrar Office covers Balaji Nagar Rajivi Gandhi Ist Cross Street?

The Sub Registrar Office that covers Balaji Nagar Rajivi Gandhi Ist Cross 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 details.

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 benchmark for determining the minimum price at which a property can be sold or purchased, ensuring that the registration reflects a fair value.

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 appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Balaji Nagar Rajivi Gandhi Ist Cross Street?

The current guideline value of Balaji Nagar Rajivi Gandhi Ist Cross Street is Rs 2,350 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

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

What is the stamp duty rate for property transactions in this area?

The stamp duty rate for property transactions in Balaji Nagar Rajivi Gandhi Ist Cross Street is 7% of the guideline value or the sale price, whichever is higher.

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.

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, indicating that Balaji Nagar Rajivi Gandhi Ist Cross Street's 2024 value is above this median.