Guideline Value

Corporate

Guideline Value for SRI BALA GARDEN

₹1200/sq.ft.

The guideline value for Sri Bala Garden in Serapanancheri village (Padappai SRO, Chennai zone) is Rs 1200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Serapanancheri

Village

Padappai

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹1200 /sq.ft.
From 1-4-2023 ₹1200 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
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)

3/158, Pushpagiri Main Rd, Padappai - 601 301.
044-27174392
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Sri Bala Garden

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Sri Bala Garden guideline value

The current guideline value for Sri Bala Garden, located in Serapanancheri village under the Padappai SRO, is Rs 1,200 per sq.ft as per the 2024 revision effective from 1 July 2024. The land classification for this area is Residential Class II Type - II.

How the guideline value of Sri Bala Garden has changed

According to the guideline value register, there is no figure available for Sri Bala Garden for the years 2002, 2003, 2007, 2012, and 2017. The guideline value for the 2023 revision is Rs 1,200 per sq.ft, which remains unchanged in the 2024 revision, also at Rs 1,200 per sq.ft. This indicates that there has been a 0% change from 2023 to 2024.

Guideline values in Serapanancheri

In Serapanancheri, there are 53 streets under the Padappai SRO with a 2024 guideline value ranging from Rs 440 to Rs 4,440 per sq.ft. The median guideline value for these streets is Rs 720 per sq.ft, placing Sri Bala Garden's 2024 figure above that median.

Stamp duty and registration fee for property in Sri Bala Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,200 per sq.ft, the total guideline value amounts to Rs 12,00,000. The stamp duty at 7% would be Rs 84,000, and the registration fee at 2% would be Rs 24,000, bringing the total cost to Rs 1,08,000. It is important to note that the 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 details.

Which Sub Registrar Office covers Sri Bala Garden?

The Sub Registrar Office that covers Sri Bala Garden is the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Serapanancheri. It is used to determine the applicable stamp duty and registration fees, which are calculated based on the guideline value or the sale price, whichever is higher.

When buying or selling property in Sri Bala Garden, it is essential to be aware of the guideline value as it directly impacts the overall costs involved in the transaction. Buyers should ensure that they are informed about the current guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Sri Bala Garden?

The current guideline value of Sri Bala Garden is Rs 1,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

There has been no figure available for Sri Bala Garden for the years 2002, 2003, 2007, 2012, and 2017. The guideline value for 2023 was Rs 1,200 per sq.ft, which remains unchanged in 2024.

What is the land classification of Sri Bala Garden?

Sri Bala Garden is classified as Residential Class II Type - II according to the land classification details.

What are the stamp duty and registration fees for property in Sri Bala Garden?

For a property valued at Rs 12,00,000, the stamp duty would be Rs 84,000 and the registration fee would be Rs 24,000, totaling Rs 1,08,000.

Where is the Sub Registrar Office for Sri Bala Garden located?

The Sub Registrar Office for Sri Bala Garden is the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone.