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Guideline Value for Brindavan Nagar, N.N.G.O. Colony 4th Main Road,

₹4400/sq.ft.

The guideline value for Brindavan Nagar, N.n.g.o. Colony 4th Main Road, in Velachery village (Velacheri SRO, Chennai zone) is Rs 4400 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Velachery

Village

Velacheri

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 ₹2680 /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)

No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042
044-22553736
[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, N.n.g.o. Colony 4th Main Road,

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Brindavan Nagar, N.N.G.O. Colony 4th Main Road, guideline value

The current guideline value for Brindavan Nagar, N.N.G.O. Colony 4th Main Road, is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Velachery village, under the Velacheri SRO, and is classified as Residential Class II Type - II.

How the guideline value of Brindavan Nagar, N.N.G.O. Colony 4th Main Road, has changed

The guideline value for Brindavan Nagar, N.N.G.O. Colony 4th Main Road, has seen several revisions over the years. The earliest recorded figure is from the 2017 revision, which set the value at Rs 2,680 per sq.ft. The most recent revision in 2024 has increased this figure to Rs 4,400 per sq.ft, marking a significant change of +64% from the 2017 value.

There are no recorded figures for the years 2023, 2012, 2007, 2003, and 2002 for this street. The 2024 revision reflects a current guideline value that aligns with the median value of Rs 4,400 per sq.ft for residential properties in the Velachery area.

Guideline values in Velachery

In Velachery, there are 2,691 streets under the Velacheri SRO that carry a 2024 guideline value, ranging from Rs 3,300 to Rs 13,200 per sq.ft. The median guideline value for these streets is Rs 4,400 per sq.ft, which is the same as the current value for Brindavan Nagar, N.N.G.O. Colony 4th Main Road.

Stamp duty and registration fee for property in Brindavan Nagar, N.N.G.O. Colony 4th Main Road,

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value amounts to Rs 44,00,000. The stamp duty at 7% would be Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, bringing the total to Rs 3,96,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Brindavan Nagar, N.N.G.O. Colony 4th Main Road,?

The Sub Registrar Office that covers Brindavan Nagar, N.N.G.O. Colony 4th Main Road, is the Velacheri Sub Registrar Office, located at No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property in Velachery. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that all transactions are conducted at a fair and transparent value.

When buying or selling property, the guideline value is used to calculate applicable stamp duty and registration fees. This ensures that both the buyer and seller are aware of the financial obligations involved in the transaction.

Frequently asked questions

What is the current guideline value for Brindavan Nagar, N.N.G.O. Colony 4th Main Road?

The current guideline value for Brindavan Nagar, N.N.G.O. Colony 4th Main Road, is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Brindavan Nagar, N.N.G.O. Colony 4th Main Road, increased from Rs 2,680 per sq.ft in 2017 to Rs 4,400 per sq.ft in 2024, representing a change of +64%.

Are there any revisions without figures for this street?

Yes, the register has no figures for the years 2023, 2012, 2007, 2003, and 2002 for Brindavan Nagar, N.N.G.O. Colony 4th Main Road.

What is the registration office for this area?

The registration office that covers Brindavan Nagar, N.N.G.O. Colony 4th Main Road, is the Velacheri Sub Registrar Office, located at No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042.

How are stamp duty and registration fees calculated?

Stamp duty is calculated at 7% of the guideline value or sale price, whichever is higher, while the registration fee is calculated at 2% of the same value. For example, for a 1,000 sq.ft property, the total guideline value would be Rs 44,00,000, leading to a stamp duty of Rs 3,08,000 and a registration fee of Rs 88,000.