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Guideline Value

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Guideline Value for P.W.D. Bangalamedu 3rd Street

₹500/sq.ft. (2023)

The guideline value for P.w.d. Bangalamedu 3rd 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 3rd Street

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P.W.D. Bangalamedu 3rd Street guideline value

The current guideline value of P.W.D. Bangalamedu 3rd 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 3rd Street has changed

The guideline value for P.W.D. Bangalamedu 3rd Street has seen significant changes over the years. In the 2017 revision, the guideline value was Rs 335 per sq.ft. This figure increased to Rs 500 per sq.ft in the 2023 revision, reflecting a change of +49%.

There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street. Therefore, the only registered figures are from 2017 and 2023.

Guideline values in Nallur_2

Currently, there are no other guideline values provided for streets in Nallur_2. P.W.D. Bangalamedu 3rd Street is the only street referenced in the available data.

Stamp duty and registration fee for property in P.W.D. Bangalamedu 3rd Street

For a 1,000 sq.ft plot at the current rate of Rs 500 per sq.ft, the guideline value amounts to 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, bringing the total to Rs 45,000. Duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers P.W.D. Bangalamedu 3rd Street?

The P.W.D. Bangalamedu 3rd Street is covered by 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 property registration in Nallur_2. It determines the minimum value at which a property can be registered, ensuring that the transaction is documented according to the established rates.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees. This ensures that all transactions are transparent and comply with the legal requirements set forth by the Registration Department.

Frequently asked questions

What is the current guideline value of P.W.D. Bangalamedu 3rd Street?

The current guideline value of P.W.D. Bangalamedu 3rd Street is Rs 500 per sq.ft as per the 2023 revision.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased from Rs 335 per sq.ft to Rs 500 per sq.ft, which is a change of +49%.

Where can I find the Redhills Sub Registrar Office?

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

How is stamp duty calculated for properties in P.W.D. Bangalamedu 3rd Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For a property valued at Rs 5,00,000, the stamp duty at 7% would be Rs 35,000.

Are there any other streets in Nallur_2 with guideline values?

Currently, there are no other streets in Nallur_2 with guideline values provided in the available data; P.W.D. Bangalamedu 3rd Street is the only street referenced.