Guideline Value

Corporate

Guideline Value for Golden Shainsha Baba Nagar

₹385/sq.ft.

The guideline value for Golden Shainsha Baba Nagar in Boodur village (Redhills SRO, Chennai zone) is Rs 385 per sq.ft, effective 1 July 2024. It was Rs 350 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Boodur

Village

Redhills

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹385 /sq.ft.
From 1-4-2023 ₹350 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹234 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹350 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹300 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹23 /sq.ft.
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 Golden Shainsha Baba Nagar

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Golden Shainsha Baba Nagar guideline value

The current guideline value of Golden Shainsha Baba Nagar is Rs 385 per sq.ft, effective from 1 July 2024. This locality is situated in Boodur village and falls under the Redhills SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Golden Shainsha Baba Nagar has changed

The guideline value for Golden Shainsha Baba Nagar has seen several revisions over the years. Starting from the 2003 revision, the guideline value was Rs 23 per sq.ft. This figure increased significantly by 1204% to Rs 300 per sq.ft in 2007. The value then rose to Rs 350 per sq.ft in 2012, but saw a decrease of 33% to Rs 234 per sq.ft in 2017. Following this, the value increased by 50% to Rs 350 per sq.ft in 2023 and further rose by 10% to the current value of Rs 385 per sq.ft in 2024.

It is important to note that there is no figure available for the year 2002 in the register for this street. Overall, from 2003 to 2024, the guideline value has increased by 1574%.

Guideline values in Boodur

In Boodur village, there are 15 streets under the Redhills SRO that carry a 2024 guideline value, ranging from Rs 257 to Rs 1,150 per sq.ft. The median value for these streets is Rs 385 per sq.ft, placing Golden Shainsha Baba Nagar at the median value for 2024.

Stamp duty and registration fee for property in Golden Shainsha Baba Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 385 per sq.ft, the total guideline value would be Rs 3,85,000. The stamp duty at 7% would amount to Rs 26,950, while the registration fee at 2% would be Rs 7,700. Together, the total fees would be Rs 34,650. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Golden Shainsha Baba Nagar?

The Sub Registrar Office that covers Golden Shainsha Baba Nagar 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 Boodur

The guideline value plays a crucial role when buying or selling property in Boodur. It is used to determine the stamp duty and registration fees that need to be paid during the property transaction. Buyers and sellers must be aware of the current guideline value to ensure they are paying the correct fees.

When registering a property, the guideline value is compared with the sale price. The higher of the two values is used to calculate the applicable stamp duty and registration fees. This ensures that the government receives the appropriate revenue based on the property's worth.

Frequently asked questions

What is the current guideline value of Golden Shainsha Baba Nagar?

The current guideline value of Golden Shainsha Baba Nagar is Rs 385 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 23 per sq.ft in 2003 to Rs 385 per sq.ft in 2024, reflecting an overall increase of 1574% over the years.

What are the stamp duty and registration fees for property in Golden Shainsha Baba Nagar?

For a 1,000 sq.ft plot, the total guideline value is Rs 3,85,000. The stamp duty would be Rs 26,950, and the registration fee would be Rs 7,700, making the total fees Rs 34,650.

Which Sub Registrar Office covers Golden Shainsha Baba Nagar?

The Redhills Sub Registrar Office covers Golden Shainsha Baba Nagar, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

What is the land classification for Golden Shainsha Baba Nagar?

The land classification for Golden Shainsha Baba Nagar is Residential Class I Type - I, indicating its suitability for residential purposes.