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Guideline Value for SRI JAI BALAJI NAGAR PART - II

₹385/sq.ft.

The guideline value for Sri Jai Balaji Nagar Part - Ii in Pammathukulam village (Redhills SRO, Chennai zone) is Rs 385 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Pammathukulam

Village

Redhills

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹385 /sq.ft.
From 1-4-2023 N/A
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)

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 Sri Jai Balaji Nagar Part - Ii

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Sri Jai Balaji Nagar Part - II guideline value

The current guideline value of Sri Jai Balaji Nagar Part - II is Rs 385 per sq.ft, effective from 1 July 2024. This area is located in Pammathukulam village and falls under the Redhills SRO. The land classification is Residential Class II Type - III.

How the guideline value of Sri Jai Balaji Nagar Part - II has changed

The guideline value register has no figures for Sri Jai Balaji Nagar Part - II for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision in 2024 sets the guideline value at Rs 385 per sq.ft.

Since there are no figures available for the previous revisions, it can be noted that the only figure currently available is from the 2024 revision. There have been no changes between the revisions above.

Guideline values in Pammathukulam

In Pammathukulam, there are 101 streets under the Redhills SRO that carry a 2024 guideline value, ranging from Rs 330 to Rs 825 per sq.ft, with a median value of Rs 550 per sq.ft. The guideline value for Sri Jai Balaji Nagar Part - II is below this median.

Stamp duty and registration fee for property in Sri Jai Balaji Nagar Part - II

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 3,85,000. The stamp duty at 7% would be Rs 26,950, and the registration fee at 2% would be Rs 7,700, making the total charges Rs 34,650. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sri Jai Balaji Nagar Part - II?

The Sub Registrar Office that covers Sri Jai Balaji Nagar Part - II is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. To find your SRO, click here.

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

The guideline value plays a crucial role in the registration process of property transactions in Pammathukulam. It is used to determine the stamp duty and registration fees that are applicable when buying or selling property in the area.

When a property is registered, the guideline value is compared against the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the registration reflects the value of the property accurately.

Frequently asked questions

What is the current guideline value of Sri Jai Balaji Nagar Part - II?

The current guideline value of Sri Jai Balaji Nagar Part - II is Rs 385 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value register has no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only available figure is from the 2024 revision, which is Rs 385 per sq.ft.

What are the guideline values of other streets in Pammathukulam?

Other streets in Pammathukulam have varying guideline values, with rates ranging from Rs 330 to Rs 825 per sq.ft. For example, Sri Hariharan Nagar, Sri Gangai Nagar Extension, and Sri Gangai Nagar all have a guideline value of Rs 550 per sq.ft in 2024.

How is stamp duty calculated for properties in Sri Jai Balaji Nagar Part - II?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would amount to Rs 34,650.

Where can I find the Sub Registrar Office for Sri Jai Balaji Nagar Part - II?

The Sub Registrar Office for Sri Jai Balaji Nagar Part - II is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find more information by clicking here.