Guideline Value for SRI BALAJI NAGAR
₹500/sq.ft.
The guideline value for Sri Balaji Nagar in Pazhayaseevaram -a village (Walajabad SRO, Chengalpattu zone) is Rs 500 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
Pazhayaseevaram -a
Village
Walajabad
SRO
Residential Class I Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹500 /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 | 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
DRO (District Registrar Office)
No.52 Orikkai Madhura, Udhayamangulam Village, Near Anna Kudiyiruppu, Kanchipuram-631502
044-27236674
[email protected], [email protected]
Records for a plot on Sri Balaji Nagar
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Walajabad sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Sri Balaji Nagar guideline value
The current guideline value of Sri Balaji Nagar is Rs 500 per sq.ft, effective from 1 July 2024. This village falls under the Walajabad Sub Registrar Office (SRO) and is classified as Residential Class I Type - I.
How the guideline value of Sri Balaji Nagar has changed
The guideline value of Sri Balaji Nagar has remained consistent at Rs 500 per sq.ft for the revisions in both 2023 and 2024. Prior to this, in the 2017 revision, the value was Rs 335 per sq.ft, marking a 49% increase from 2017 to 2023.
There are no figures available for the revisions in 2012, 2007, 2003, and 2002 for this street. Overall, from 2017 to 2024, the guideline value has increased by 49%.
Guideline values in Pazhayaseevaram -A
In Pazhayaseevaram -A, there are 26 streets under the Walajabad SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 500 per sq.ft. The median guideline value for these streets is Rs 350 per sq.ft, placing Sri Balaji Nagar's 2024 figure above that median.
- Sri Arunachalacity Phase-IV: Rs 500 per sq.ft (2024)
- Sri Arunachala City Phase-III: Rs 200 per sq.ft (2024)
- Sri Hari Avenue Ext - I: Rs 500 per sq.ft (2024)
- Sri Krishna Nagar: Rs 350 per sq.ft (2024)
- Sri Lakshmi Narasimmar Nagar: Rs 250 per sq.ft (2024)
- Sri Sai Nagar: Rs 350 per sq.ft (2024)
Stamp duty and registration fee for property in Sri Balaji Nagar
For a 1,000 sq.ft plot at the current guideline value of Rs 500 per sq.ft, the total guideline value would be Rs 5,00,000. The stamp duty at 7% would amount to Rs 35,000, and the registration fee at 2% would be Rs 10,000, bringing the total fees to Rs 45,000. It is important to note that 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 detailed calculations.
Which Sub Registrar Office covers Sri Balaji Nagar?
The Sub Registrar Office covering Sri Balaji Nagar is the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone.
To find your SRO, you can visit find your SRO.
How the guideline value is used when you buy or sell in Pazhayaseevaram -A
The guideline value is an essential factor during the registration of property transactions in Pazhayaseevaram -A. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.
Buyers and sellers must be aware that the guideline value will influence the overall cost of the transaction, as it is used to calculate the applicable duties and fees. Accurate knowledge of the guideline value ensures that all parties involved are informed about the financial obligations associated with the property transfer.
Frequently asked questions
What is the current guideline value of Sri Balaji Nagar?
The current guideline value of Sri Balaji Nagar is Rs 500 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
From the 2017 revision to the 2023 revision, the guideline value increased by 49%. The value remained the same at Rs 500 per sq.ft for both the 2023 and 2024 revisions.
What is the land classification of Sri Balaji Nagar?
Sri Balaji Nagar is classified as Residential Class I Type - I, indicating its suitability for residential purposes.
What are the other streets in Pazhayaseevaram -A?
Other streets in Pazhayaseevaram -A include Sri Arunachalacity Phase-IV, Sri Arunachala City Phase-III, Sri Hari Avenue Ext - I, Sri Krishna Nagar, Sri Lakshmi Narasimmar Nagar, and Sri Sai Nagar, with varying guideline values.
Where can I find the Walajabad Sub Registrar Office?
The Walajabad Sub Registrar Office is located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find more information by visiting the provided link.
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