Guideline Value for Chennai Bangalore NH (Ward11)

Chennai Bangalore NH (Ward11) guideline value

The current guideline value of Chennai Bangalore NH (Ward11) is Rs 2,500 per sq.ft, effective from 1 July 2024. This street is located in Sriperumbudur A village and falls under the Sriperumpudur SRO. The land classification for this area is Commercial Class I Type - II.

How the guideline value of Chennai Bangalore NH (Ward11) has changed

The guideline value register for Chennai Bangalore NH (Ward11) shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only revision available is from 2024, which sets the guideline value at Rs 2,500 per sq.ft.

Since there are no figures for the previous years mentioned, there are no changes to report between revisions. The current value remains consistent with the 2024 revision.

Guideline values in Sriperumbudur A

In Sriperumbudur A, there are 238 streets under the Sriperumpudur SRO that carry a 2024 guideline value ranging from Rs 400 to Rs 3,000 per sq.ft, with a median of Rs 700 per sq.ft. The guideline value for Chennai Bangalore NH (Ward11) is above this median.

• Chennai Bangalore Road(Ward 13): Rs 2,500 per sq.ft (2024)
• Chennai Main Road (Ward6): Rs 2,500 per sq.ft (2024)
• Chetty Street: Rs 2,000 per sq.ft (2024)
• Chellaperumal Nagar Ist Street: Rs 700 per sq.ft (2024)
• Chellaperumal Nagar Ist Cross Street: Rs 700 per sq.ft (2024)
• Chellaperumal Nagar IInd Street: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Chennai Bangalore NH (Ward11)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,500 per sq.ft, the total guideline value amounts to Rs 25,00,000. The stamp duty at 7% would be Rs 1,75,000, and the registration fee at 2% would be Rs 50,000, bringing the total to Rs 2,25,000. 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 Chennai Bangalore NH (Ward11)?

The Chennai Bangalore NH (Ward11) is covered by the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor in the registration process when buying or selling property in Sriperumbudur A. It determines the minimum value at which a property can be registered, ensuring that the transaction is documented accurately.

When a property is sold, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Chennai Bangalore NH (Ward11)?

The current guideline value of Chennai Bangalore NH (Ward11) is Rs 2,500 per sq.ft, effective from 1 July 2024.

What revisions have been made to the guideline value of Chennai Bangalore NH (Ward11)?

There are no figures available for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only available revision is from 2024, which sets the guideline value at Rs 2,500 per sq.ft.

What is the land classification for Chennai Bangalore NH (Ward11)?

The land classification for Chennai Bangalore NH (Ward11) is Commercial Class I Type - II, indicating its suitability for commercial activities.

How is the stamp duty calculated for properties in Chennai Bangalore NH (Ward11)?

Stamp duty for properties in Chennai Bangalore NH (Ward11) is calculated at 7% of the guideline value or the sale price, whichever is higher. This amount is added to the registration fee of 2%.

Where can I find the Sub Registrar Office for Chennai Bangalore NH (Ward11)?

The Sub Registrar Office covering Chennai Bangalore NH (Ward11) is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find more details by using the provided link to find your SRO.