Guideline Value for Brindavan Nagar

Brindavan Nagar guideline value

The current guideline value of Brindavan Nagar is Rs 1,650 per sq.ft, effective from the 2024 revision. This street is located in Melamaiyur village under the Chengleput Joint I SRO, classified as Mixed Special Type - I.

How the guideline value of Brindavan Nagar has changed

The guideline value for Brindavan Nagar has seen significant changes over the years. In 2007, the guideline value was Rs 333 per sq.ft, which increased dramatically to Rs 1,500 per sq.ft in the 2012 revision, marking a rise of 350%. The most recent revision in 2024 set the guideline value at Rs 1,650 per sq.ft, reflecting a 10% increase from the 2012 figure.

It is important to note that there are no registered figures for Brindavan Nagar for the years 2002, 2003, 2017, and 2023. Overall, from 2007 to 2024, the guideline value has increased by 395%.

Guideline values in Melamaiyur

In Melamaiyur village, there are 37 streets under the Chengleput Joint I SRO that carry a 2024 guideline value, ranging from Rs 440 to Rs 3,000 per sq.ft. The median guideline value for these streets is Rs 1,212 per sq.ft, placing Brindavan Nagar's 2024 figure above this median.

• Bhavani Nagar Extension: Rs 1,100 per sq.ft (2024)
• Bhavani Nagar: Rs 1,100 per sq.ft (2024)
• Arutperum Jyothi Nagar: Rs 825 per sq.ft (2024)
• ANNAI PADMAVATHY NAGAR Phase -I,II,III,IV&Extension: Rs 1,212 per sq.ft (2024)
• Andal Nagar: Rs 1,212 per sq.ft (2024)
• Ammaiyappar Nagar: Rs 1,322 per sq.ft (2024)

Stamp duty and registration fee for property in Brindavan Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value would be Rs 16,50,000. The stamp duty at 7% would be Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, making the total cost for these fees Rs 1,48,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers Brindavan Nagar?

Brindavan Nagar falls under the Chengleput Joint I Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Melamaiyur, as it determines the amount of stamp duty and registration fees payable. Buyers and sellers must refer to the guideline value to ensure compliance with local regulations during the registration process.

This value helps in establishing a baseline for property transactions, ensuring that the fees are calculated fairly based on the established rates set by the registration department.

Frequently asked questions

What is the current guideline value of Brindavan Nagar?

The current guideline value of Brindavan Nagar is Rs 1,650 per sq.ft, effective from the 2024 revision.

How much has the guideline value changed over the years?

The guideline value has changed significantly from Rs 333 per sq.ft in 2007 to Rs 1,650 per sq.ft in 2024, representing a total increase of 395% over the years.

What is the land classification of Brindavan Nagar?

Brindavan Nagar is classified as Mixed Special Type - I under the Chengleput Joint I SRO.

Where can I find the registration office for Brindavan Nagar?

The registration office for Brindavan Nagar is the Chengleput Joint I Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

How is the stamp duty calculated in Brindavan Nagar?

Stamp duty in Brindavan Nagar is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, a registration fee of 2% is applicable.