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Guideline Value

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Guideline Value for SRI BALAJI ASSOCIATES SRI RANGA NAGAR STATE HITH WAY GOLDEN CITY

₹100/sq.ft.

The guideline value for Sri Balaji Associates Sri Ranga Nagar State Hith Way Golden City in Kizhavalem village (Madurandakam SRO, Chengalpattu zone) is Rs 100 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kizhavalem

Village

Madurandakam

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹100 /sq.ft.
From 1-4-2023 ₹100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹57 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹85 /sq.ft.
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)

No.53, Old Taluk Office Road, Maduranthakam-603306
044-27555138
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Sri Balaji Associates Sri Ranga Nagar State Hith Way Golden City

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Sri Balaji Associates Sri Ranga Nagar State Hith Way Golden City guideline value

The current guideline value for Sri Balaji Associates Sri Ranga Nagar State Hith Way Golden City is Rs 100 per sq.ft, effective from 1 July 2024. This property is located in Kizhavalem village and falls under the Madurandakam SRO. The land classification is Residential Class I Type - I.

How the guideline value of Sri Balaji Associates Sri Ranga Nagar State Hith Way Golden City has changed

Since the 2012 revision, the guideline value has seen several changes. In 2012, the value was Rs 85 per sq.ft, which decreased to Rs 57 per sq.ft in 2017, marking a decline of 33%. However, the value rebounded to Rs 100 per sq.ft in both the 2023 and 2024 revisions, reflecting a significant increase of 75% from 2017 to 2023, with no change from 2023 to 2024.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. The overall change from the 2012 revision to the 2024 revision is an increase of 18%.

Guideline values in Kizhavalem

Kizhavalem has 19 streets under the Madurandakam SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 400 per sq.ft, with a median value of Rs 103 per sq.ft. The guideline value for Sri Balaji Associates Sri Ranga Nagar State Hith Way Golden City is below this median.

Stamp duty and registration fee for property in Sri Balaji Associates Sri Ranga Nagar State Hith Way Golden City

For a 1,000 sq.ft plot at the current rate of Rs 100 per sq.ft, the guideline value amounts to Rs 1,00,000. The stamp duty is charged at 7%, which equals Rs 7,000, and the registration fee at 2%, which is Rs 2,000. Together, the total cost for duty and registration fees is Rs 9,000. 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 details.

Which Sub Registrar Office covers Sri Balaji Associates Sri Ranga Nagar State Hith Way Golden City?

The Sub Registrar Office that covers Sri Balaji Associates Sri Ranga Nagar State Hith Way Golden City is the Madurandakam Sub Registrar Office, located at No.53, Old Taluk Office Road, Maduranthakam-603306, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Kizhavalem. It serves as a benchmark for calculating stamp duty and registration fees, which are mandatory during the property registration process.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in property dealings. It is essential to be aware of the current guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value for Sri Balaji Associates Sri Ranga Nagar State Hith Way Golden City?

The current guideline value for Sri Balaji Associates Sri Ranga Nagar State Hith Way Golden City is Rs 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 85 per sq.ft in 2012 to Rs 57 per sq.ft in 2017, then increased to Rs 100 per sq.ft in both 2023 and 2024. The overall change from 2012 to 2024 is an increase of 18%.

Which office do I need to visit for property registration in this area?

The Madurandakam Sub Registrar Office is responsible for property registration in the area of Sri Balaji Associates Sri Ranga Nagar State Hith Way Golden City. The office is located at No.53, Old Taluk Office Road, Maduranthakam-603306.

What are the stamp duty and registration fees for a property here?

The stamp duty is charged at 7% and the registration fee at 2% based on the guideline value. For a 1,000 sq.ft plot at Rs 100 per sq.ft, the total fees amount to Rs 9,000.

What is the land classification for this property?

The land classification for Sri Balaji Associates Sri Ranga Nagar State Hith Way Golden City is Residential Class I Type - I, indicating its suitability for residential development.