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Guideline Value

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Guideline Value for P.W.D. Bangalamedu 1st Street

₹500/sq.ft. (2023)

The guideline value for P.w.d. Bangalamedu 1st Street in Nallur_2 village (Redhills SRO, Chennai zone) was last notified at Rs 500 per sq.ft (1 April 2023 revision); no 2024 rate has been published for this street. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Nallur_2

Village

Redhills

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 N/A
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /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 P.w.d. Bangalamedu 1st Street

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P.W.D. Bangalamedu 1st Street guideline value

The current guideline value for P.W.D. Bangalamedu 1st Street is Rs 500 per sq.ft. This street is located in Nallur_2 village, under the Redhills SRO, and is classified as Residential Class II Type - I.

How the guideline value of P.W.D. Bangalamedu 1st Street has changed

The guideline value for P.W.D. Bangalamedu 1st Street has undergone several revisions over the years. The 2017 revision set the guideline value at Rs 335 per sq.ft, which was then increased to Rs 500 per sq.ft in the 2023 revision, marking a significant change of +49%.

There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street. Thus, the only recorded changes are between the 2017 and 2023 revisions.

Guideline values in Nallur_2

Currently, there are no other guideline values available for streets in Nallur_2. P.W.D. Bangalamedu 1st Street is the only street mentioned in the records.

Stamp duty and registration fee for property in P.W.D. Bangalamedu 1st Street

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 5,00,000. The stamp duty at 7% would be Rs 35,000, and the registration fee at 2% would be Rs 10,000, totaling Rs 45,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers P.W.D. Bangalamedu 1st Street?

The Sub Registrar Office covering P.W.D. Bangalamedu 1st Street 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 Nallur_2

The guideline value is a crucial factor during the registration process when buying or selling property in Nallur_2. It serves as a benchmark for calculating the stamp duty and registration fees, ensuring that these costs are based on an official valuation rather than the sale price alone.

When a property is registered, the guideline value helps determine the legal and financial obligations of both buyers and sellers. This ensures transparency and fairness in property transactions within the region.

Frequently asked questions

What is the current guideline value of P.W.D. Bangalamedu 1st Street?

The current guideline value of P.W.D. Bangalamedu 1st Street is Rs 500 per sq.ft, as per the 2023 revision.

How much has the guideline value changed over the years?

The guideline value increased from Rs 335 per sq.ft in 2017 to Rs 500 per sq.ft in 2023, reflecting a change of +49%.

Are there any guideline values for other streets in Nallur_2?

No other guideline values are currently available for streets in Nallur_2, as P.W.D. Bangalamedu 1st Street is the only street mentioned in the records.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 5,00,000, the stamp duty would be Rs 35,000 and the registration fee would be Rs 10,000, totaling Rs 45,000.

Where can I find the Sub Registrar Office for P.W.D. Bangalamedu 1st Street?

The Sub Registrar Office for P.W.D. Bangalamedu 1st Street is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.