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Guideline Value

Corporate

Guideline Value for Chanthaa Prabhu Jain Vegetarian Village

₹1100/sq.ft.

The guideline value for Chanthaa Prabhu Jain Vegetarian Village in Puzhal village (Redhills SRO, Chennai zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 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

Puzhal

Village

Redhills

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹800 /sq.ft.
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)

Sub Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.
044-29570109
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Chanthaa Prabhu Jain Vegetarian Village

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Chanthaa Prabhu Jain Vegetarian Village guideline value

The current guideline value of Chanthaa Prabhu Jain Vegetarian Village is Rs 1,100 per sq.ft, effective from 1 July 2024. This village falls under the Redhills SRO and is classified as Residential Class II Type - I.

How the guideline value of Chanthaa Prabhu Jain Vegetarian Village has changed

Over the years, the guideline value of Chanthaa Prabhu Jain Vegetarian Village has seen several revisions. The 2012 revision set the value at Rs 800 per sq.ft, which then decreased to Rs 536 per sq.ft in the 2017 revision. However, from 2017 to 2023, the value significantly increased to Rs 1,000 per sq.ft, marking an 87% rise. The latest revision in 2024 has further increased the value to Rs 1,100 per sq.ft, a 10% increase from the previous year.

The register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 38%.

Guideline values in Puzhal

In Puzhal, there are 270 streets under the Redhills SRO that have a 2024 guideline value ranging from Rs 1,100 to Rs 6,000 per sq.ft, with a median of Rs 1,102 per sq.ft. Chanthaa Prabhu Jain Vegetarian Village's 2024 figure is slightly below this median.

Stamp duty and registration fee for property in Chanthaa Prabhu Jain Vegetarian Village

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, totaling Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Chanthaa Prabhu Jain Vegetarian Village?

The Sub Registrar Office that covers Chanthaa Prabhu Jain Vegetarian Village is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration process of property transactions in Puzhal. It serves as a benchmark for calculating the stamp duty and registration fees that are applicable when buying or selling property.

When a property is registered, the authorities will refer to the guideline value to determine the applicable fees. Buyers should be aware that the fees are based on the higher of the guideline value or the sale price of the property.

Frequently asked questions

What is the current guideline value of Chanthaa Prabhu Jain Vegetarian Village?

The current guideline value of Chanthaa Prabhu Jain Vegetarian Village is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 800 per sq.ft in 2012 to Rs 1,100 per sq.ft in 2024, reflecting an overall increase of 38% over this period.

What is the registration office for Chanthaa Prabhu Jain Vegetarian Village?

The registration office for Chanthaa Prabhu Jain Vegetarian Village is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

What are the stamp duty and registration fees for property in this village?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would amount to Rs 99,000 based on the current guideline value.

How is the guideline value used in property transactions?

The guideline value is used to determine the stamp duty and registration fees during property transactions. It is important to note that these fees are charged based on the higher of the guideline value or the sale price.