Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for P.W.D. Bangalamedu 4th Street

₹550/sq.ft.

The guideline value for P.w.d. Bangalamedu 4th Street in Nallur village (Redhills SRO, Chennai zone) is Rs 550 per sq.ft, effective 1 July 2024. It was Rs 500 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

Nallur

Village

Redhills

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹550 /sq.ft.
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 ₹500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹300 /sq.ft.
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 4th Street

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

P.W.D. Bangalamedu 4th Street guideline value

The current guideline value of P.W.D. Bangalamedu 4th Street is Rs 550 per sq.ft, effective from 1 July 2024. This street is located in Nallur village under the Redhills SRO, and it falls under the Residential Class II Type - I land classification.

How the guideline value of P.W.D. Bangalamedu 4th Street has changed

The guideline value for P.W.D. Bangalamedu 4th Street has undergone several revisions over the years. The 2007 revision set the value at Rs 300 per sq.ft, which increased to Rs 500 per sq.ft in 2012. However, this figure decreased by 33% to Rs 335 per sq.ft in the 2017 revision. The subsequent 2023 revision saw a significant increase of 49%, bringing the value to Rs 500 per sq.ft. Finally, the 2024 revision established the current guideline value at Rs 550 per sq.ft, marking a 10% increase from the previous year.

It is important to note that there are no figures available for the years 2002 and 2003 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 83%.

Guideline values in Nallur

Nallur village has a total of 39 streets under the Redhills SRO that carry a 2024 guideline value, ranging from Rs 440 to Rs 1,650 per sq.ft. The median guideline value for these streets is Rs 550 per sq.ft, which is equal to the current guideline value of P.W.D. Bangalamedu 4th Street.

Stamp duty and registration fee for property in P.W.D. Bangalamedu 4th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value amounts to Rs 5,50,000. The stamp duty at 7% would be Rs 38,500, and the registration fee at 2% would be Rs 11,000, making the total fees together Rs 49,500. 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 information.

Which Sub Registrar Office covers P.W.D. Bangalamedu 4th Street?

The Sub Registrar Office that covers P.W.D. Bangalamedu 4th 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 details.

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

The guideline value is a crucial factor when registering property transactions in Nallur. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction process.

When buying or selling property, the guideline value is used to ensure that the transaction is recorded accurately in the official register. This helps maintain transparency and standardization in property dealings within the region.

Frequently asked questions

What is the current guideline value of P.W.D. Bangalamedu 4th Street?

The current guideline value of P.W.D. Bangalamedu 4th Street is Rs 550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 300 per sq.ft in 2007 to Rs 550 per sq.ft in 2024, reflecting an overall increase of 83% over the years.

What are the other streets in Nallur with the same guideline value?

Other streets in Nallur with the same guideline value of Rs 550 per sq.ft include P.W.D. Bangalamedu 1st, 2nd, and 3rd Streets.

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

For a property valued at Rs 5,50,000, the stamp duty would be Rs 38,500 and the registration fee would be Rs 11,000, totaling Rs 49,500.

Which office handles property registrations for P.W.D. Bangalamedu 4th Street?

The Redhills Sub Registrar Office handles property registrations for P.W.D. Bangalamedu 4th Street, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.