Guideline Value for Brindavan Nagar 6th Cross Street
₹3850/sq.ft.
The guideline value for Brindavan Nagar 6th Cross Street in Valasaravakkam village (Virugambakkam SRO, Chennai zone) is Rs 3850 per sq.ft, effective 1 July 2024. It was Rs 3500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.
Last updated:
Chennai
Zone
Valasaravakkam
Village
Virugambakkam
SRO
Residential Class II Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹3850 /sq.ft. |
| From 1-4-2023 | ₹3500 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹2345 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹3500 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹750 /sq.ft. |
| 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)
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 Brindavan Nagar 6th Cross Street
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Virugambakkam sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Brindavan Nagar 6th Cross Street guideline value
The current guideline value of Brindavan Nagar 6th Cross Street is Rs 3,850 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 II Type - I.
How the guideline value of Brindavan Nagar 6th Cross Street has changed
Starting from the 2007 revision, the guideline value for Brindavan Nagar 6th Cross Street was Rs 750 per sq.ft. This figure increased significantly to Rs 3,500 per sq.ft in 2012, marking a rise of 367%. However, it then decreased to Rs 2,345 per sq.ft in the 2017 revision, a decline of 33%. The guideline value saw a substantial increase to Rs 3,500 per sq.ft in 2023, followed by a further rise to Rs 3,850 per sq.ft in 2024, reflecting a growth of 10% from the previous year. The register has no figure for this street in 2002 and 2003.
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. Brindavan Nagar 6th Cross Street's 2024 guideline value aligns with this median.
- Brindavan Nagar 5th Cross Street: Rs 3,850 per sq.ft (2024)
- Brindavan Nagar 4th Cross Street: Rs 3,850 per sq.ft (2024)
- Brindavan Nagar 3rd Cross Street: Rs 3,850 per sq.ft (2024)
- Brindavan Nagar 2nd Cross Street: Rs 3,850 per sq.ft (2024)
- Brindavan Nagar 1st Main Road: Rs 3,850 per sq.ft (2024)
- Brindavan Nagar 1st Cross Street: Rs 3,850 per sq.ft (2024)
Stamp duty and registration fee for property in Brindavan Nagar 6th Cross Street
For a 1,000 sq.ft plot at the current guideline value of Rs 3,850 per sq.ft, the total guideline value amounts to Rs 38,50,000. The stamp duty at 7% would be Rs 2,69,500, and the registration fee at 2% would be Rs 77,000, bringing the total to Rs 3,46,500. It is important to note that duty is charged on the higher of the guideline value and the sale price. For further calculations, you can use the stamp duty and registration fee calculator.
Which Sub Registrar Office covers Brindavan Nagar 6th Cross Street?
The Sub Registrar Office that covers Brindavan Nagar 6th Cross 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 when buying or selling property in Valasaravakkam, as it determines the minimum value at which a property can be registered. This value is used to calculate the stamp duty and registration fees that need to be paid during the transaction.
When a property is sold, the guideline value serves as a benchmark for the transaction price. If the sale price is lower than the guideline value, the duty is charged based on the guideline value, ensuring that the government receives the appropriate revenue from property transactions.
Frequently asked questions
What is the current guideline value of Brindavan Nagar 6th Cross Street?
The current guideline value of Brindavan Nagar 6th Cross Street is Rs 3,850 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has seen several revisions: from Rs 750 per sq.ft in 2007 to Rs 3,850 per sq.ft in 2024, reflecting an overall increase of 413% over the years.
What is the land classification for Brindavan Nagar 6th Cross Street?
The land classification for Brindavan Nagar 6th Cross Street is Residential Class II Type - I, indicating its suitability for residential development.
Where is the Sub Registrar Office located for this street?
The Virugambakkam Sub Registrar Office is located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037, which covers Brindavan Nagar 6th Cross Street.
How is the stamp duty calculated for properties in this area?
Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value incurs a total stamp duty of Rs 2,69,500.
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