Guideline Value

Corporate

Guideline Value for NEW ABOORVA BOOMI PART-2

₹275/sq.ft.

The guideline value for New Aboorva Boomi Part-2 in Perungavur village (Redhills SRO, Chennai zone) is Rs 275 per sq.ft, effective 1 July 2024. It was Rs 250 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

Perungavur

Village

Redhills

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹275 /sq.ft.
From 1-4-2023 ₹250 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹167 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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 New Aboorva Boomi Part-2

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New Aboorva Boomi Part-2 guideline value

The current guideline value of New Aboorva Boomi Part-2 is Rs 275 per sq.ft, effective from 1 July 2024. This property is located in Perungavur village, under the Redhills SRO, and is classified as Residential Class II Type - I.

How the guideline value of New Aboorva Boomi Part-2 has changed

The guideline value for New Aboorva Boomi Part-2 has seen several revisions over the years. The most recent revision in 2024 set the guideline value at Rs 275 per sq.ft, an increase from Rs 250 per sq.ft in 2023, marking a change of +10%. Prior to that, in 2017, the guideline value was Rs 167 per sq.ft, reflecting a significant increase of +50% to the 2023 figure. Overall, from 2017 to 2024, the guideline value has risen by +65%.

It is important to note that the register has no figures for the revisions in 2002, 2003, 2007, and 2012 for this street. The increases over the years illustrate the changes in the guideline value, with the most substantial rise occurring between 2017 and 2024.

Guideline values in Perungavur

In Perungavur, there are 79 streets under the Redhills SRO that carry a 2024 guideline value ranging from Rs 220 to Rs 1,500 per sq.ft. The median value for these streets is Rs 275 per sq.ft, which is the same as the guideline value for New Aboorva Boomi Part-2.

Stamp duty and registration fee for property in New Aboorva Boomi Part-2

For a 1,000 sq.ft plot at the current guideline value of Rs 275 per sq.ft, the total guideline value would be Rs 2,75,000. The stamp duty at 7% would amount to Rs 19,250, while the registration fee at 2% would be Rs 5,500, bringing the total fees to Rs 24,750. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers New Aboorva Boomi Part-2?

The New Aboorva Boomi Part-2 property falls under the jurisdiction of the Redhills Sub Registrar Office. The office is located at Sub Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for further assistance.

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

The guideline value is a critical figure used during the registration of property transactions in Perungavur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When you register a property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the correct revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of New Aboorva Boomi Part-2?

The current guideline value of New Aboorva Boomi Part-2 is Rs 275 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 167 per sq.ft in 2017 to Rs 275 per sq.ft in 2024, which is an overall increase of +65%. The value was Rs 250 per sq.ft in 2023, indicating a +10% increase from that year to 2024.

What is the land classification for New Aboorva Boomi Part-2?

New Aboorva Boomi Part-2 is classified as Residential Class II Type - I, indicating its suitability for residential development.

Where can I find the Redhills Sub Registrar Office?

The Redhills Sub Registrar Office is located at Sub Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

How is the stamp duty calculated for properties in New Aboorva Boomi Part-2?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a 1,000 sq.ft plot at the current guideline value would incur a stamp duty of Rs 19,250.