Guideline Value for HILL VIEW

Hill View guideline value

The current guideline value for Hill View, located in Sengundram - 1 village under the Chengleput Joint II SRO, is Rs 1,807 per sq.ft. This value is effective from 1 July 2024 and falls under the Residential Class I Type - V land classification.

How the guideline value of Hill View has changed

According to the guideline value register, there are no figures available for Hill View for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision is from 2024, which has set the guideline value at Rs 1,807 per sq.ft.

Since there are no figures recorded for the previous years, it can be concluded that the guideline value for Hill View has only been established in the 2024 revision.

Guideline values in Sengundram - 1

The village of Sengundram - 1 has a total of 126 streets under the Chengleput Joint II SRO, with 2024 guideline values ranging from Rs 660 to Rs 3,285 per sq.ft. The median guideline value for these streets is Rs 880 per sq.ft, placing Hill View's 2024 figure above this median.

• Hill View Residency Phase -1 (Chen): Rs 1,100 per sq.ft (2024)
• Hill Grove Nagar (Chen): Rs 1,100 per sq.ft (2024)
• Indira*s Orchard Town: Rs 1,100 per sq.ft (2024)
• Industrial Ariya (Chen): Rs 1,320 per sq.ft (2024)
• Gst Road (Chen): Rs 2,200 per sq.ft (2024)
• Jai Nagar (Chen): Rs 770 per sq.ft (2024)

Stamp duty and registration fee for property in Hill View

For a 1,000 sq.ft plot at the current guideline value of Rs 1,807 per sq.ft, the total guideline value would be Rs 18,07,000. The stamp duty at 7% would be Rs 1,26,490, and the registration fee at 2% would be Rs 36,140, bringing the total to Rs 1,62,630. 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 Hill View?

The Hill View area falls under the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Sengundram - 1

The guideline value is a critical factor when buying or selling property in Sengundram - 1. It serves as a benchmark for determining the minimum price at which a property can be registered. This value is essential for calculating the stamp duty and registration fees applicable during the transaction.

When a buyer approaches the registration office, the guideline value is used to assess the applicable charges, ensuring that both the buyer and seller adhere to the legal requirements for property transactions.

Frequently asked questions

What is the current guideline value for Hill View?

The current guideline value for Hill View is Rs 1,807 per sq.ft, effective from 1 July 2024.

What is the land classification for Hill View?

Hill View is classified under Residential Class I Type - V in the guideline value register.

How many streets are there in Sengundram - 1?

There are a total of 126 streets in Sengundram - 1 that are listed under the Chengleput Joint II SRO.

What is the median guideline value for streets in Sengundram - 1?

The median guideline value for the streets in Sengundram - 1 is Rs 880 per sq.ft, based on the 2024 figures.

Where can I find the Chengleput Joint II Sub Registrar Office?

The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone.