Guideline Value

Corporate

Guideline Value for Bethania Nagar 6th Street

₹2750/sq.ft.

The guideline value for Bethania Nagar 6th Street in Valasaravakkam village (Virugambakkam SRO, Chennai zone) is Rs 2750 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Valasaravakkam

Village

Virugambakkam

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹2750 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹2500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹500 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹439 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹404 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037
044-23641794
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Bethania Nagar 6th Street

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Bethania Nagar 6th Street guideline value

The current guideline value of Bethania Nagar 6th Street is Rs 2,750 per sq.ft, effective from 1 July 2024. This street is located in Valasaravakkam village and falls under the Virugambakkam SRO. The land classification for this area is Residential Class IV Type - I.

How the guideline value of Bethania Nagar 6th Street has changed

The guideline value for Bethania Nagar 6th Street has seen several revisions over the years. In 2002, the value was Rs 404 per sq.ft, which increased to Rs 439 per sq.ft in 2003, marking a change of +9%. The value rose further to Rs 500 per sq.ft in 2007, reflecting a +14% increase. A significant jump occurred in 2012, when the value reached Rs 2,500 per sq.ft, a substantial increase of +400% from the previous revision. The latest revision in 2024 set the value at Rs 2,750 per sq.ft, which is a +10% increase from 2012.

It is important to note that there are no figures available for the revisions in 2017 and 2023 for this street. Overall, from 2002 to 2024, the guideline value has increased by +581%.

Guideline values in Valasaravakkam

In Valasaravakkam, there are 774 streets under the Virugambakkam SRO that carry a 2024 guideline value ranging from Rs 2,750 to Rs 8,800 per sq.ft, with a median value of Rs 3,850 per sq.ft. The guideline value for Bethania Nagar 6th Street is below this median.

Stamp duty and registration fee for property in Bethania Nagar 6th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,750 per sq.ft, the total guideline value would be Rs 27,50,000. The stamp duty at 7% would amount to Rs 1,92,500, while the registration fee at 2% would be Rs 55,000. Together, these fees would total Rs 2,47,500. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for further assistance.

Which Sub Registrar Office covers Bethania Nagar 6th Street?

The Sub Registrar Office that covers Bethania Nagar 6th Street is the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Valasaravakkam

The guideline value is a crucial factor in the registration process when buying or selling property in Valasaravakkam. It serves as a benchmark for determining the stamp duty and registration fees that are applicable at the time of registration.

When a property is sold, the guideline value helps ensure that the transaction is recorded accurately and fairly in the official records. It is essential for buyers and sellers to be aware of these values to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Bethania Nagar 6th Street?

The current guideline value of Bethania Nagar 6th Street is Rs 2,750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 404 per sq.ft in 2002 to Rs 2,750 per sq.ft in 2024, reflecting an overall increase of +581% over the years.

What are the stamp duty and registration fees for property in Bethania Nagar 6th Street?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 1,92,500 and the registration fee would be Rs 55,000, totaling Rs 2,47,500.

Which office handles property registration for Bethania Nagar 6th Street?

The Virugambakkam Sub Registrar Office handles property registration for Bethania Nagar 6th Street, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037.

Are there other streets with the same guideline value in Valasaravakkam?

Yes, there are several other streets in Valasaravakkam with the same guideline value of Rs 2,750 per sq.ft, including Bethania Nagar 5th Street, 7th Street, 4th Street, 3rd Street, Main Road, and 2nd Street.