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Guideline Value

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Guideline Value for Balaji Nagar Thiruvalluvar Ist Cross Street

₹2350/sq.ft.

The guideline value for Balaji Nagar Thiruvalluvar 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 Thiruvalluvar Ist Cross Street

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Balaji Nagar Thiruvalluvar Ist Cross Street guideline value

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

The guideline value for Balaji Nagar Thiruvalluvar Ist Cross Street has seen significant changes over the years. In the 2017 revision, the value was Rs 1,407 per sq.ft, which increased to Rs 2,099 per sq.ft in the 2023 revision. The latest revision in 2024 has set the guideline value at Rs 2,350 per sq.ft, marking a 12% increase from the previous year. Overall, from 2017 to 2024, there has been a 67% increase in the guideline value.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. The changes from 2017 to 2023 reflect a substantial increase of 49%, indicating a significant rise in property valuation over this period.

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, with a median value of Rs 1,980 per sq.ft. The guideline value of Balaji Nagar Thiruvalluvar Ist Cross Street is above this median.

Stamp duty and registration fee for property in Balaji Nagar Thiruvalluvar 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 amount to Rs 1,64,500, and the registration fee at 2% would be Rs 47,000, totaling Rs 2,11,500. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Balaji Nagar Thiruvalluvar Ist Cross Street?

The Sub Registrar Office that covers Balaji Nagar Thiruvalluvar Ist Cross Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, 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 in the registration process of property transactions in Anakaputhur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property, the guideline value helps both parties understand the fair valuation of the property. It is essential for buyers to be aware of this value to ensure compliance with legal requirements during the transaction process.

Frequently asked questions

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

The current guideline value of Balaji Nagar Thiruvalluvar Ist Cross 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 is the land classification for Balaji Nagar Thiruvalluvar Ist Cross Street?

Balaji Nagar Thiruvalluvar Ist Cross Street is classified as Residential Class III Type - I, indicating its use for residential purposes.

Where is the Pammal Sub Registrar Office located?

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 property transactions?

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 on the guideline value.