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Guideline Value

Corporate

Guideline Value for Sri Balaji Nagar Main Road

₹2350/sq.ft.

The guideline value for Sri Balaji Nagar Main Road in Anakaputhur village (Pammal SRO, Chengalpattu zone) is Rs 2350 per sq.ft, effective 1 July 2024. It was Rs 2099 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Anakaputhur

Village

Pammal

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹2350 /sq.ft.
From 1-4-2023 ₹2099 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1407 /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

SRO (Sub Registrar Office)

Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075
044-22480069
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Sri Balaji Nagar Main Road

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Sri Balaji Nagar Main Road guideline value

The current guideline value of Sri Balaji Nagar Main Road is Rs 2,350 per sq.ft, effective from 1 July 2024. This road is located in Anakaputhur village under the Pammal SRO and is classified as Residential Class III Type - I.

How the guideline value of Sri Balaji Nagar Main Road has changed

The guideline value for Sri Balaji Nagar Main Road has seen significant changes over the years. The 2017 revision recorded a value of Rs 1,407 per sq.ft, which increased to Rs 2,099 per sq.ft in the 2023 revision, marking a 49% increase. The current 2024 revision shows a further increase to Rs 2,350 per sq.ft, which is a 12% rise from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 67%. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO that have a 2024 guideline value ranging from Rs 1,320 to Rs 4,640 per sq.ft, with a median value of Rs 1,980 per sq.ft. The guideline value of Sri Balaji Nagar Main Road is above this median.

Stamp duty and registration fee for property in Sri Balaji Nagar Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 2,350 per sq.ft, the total guideline value amounts to Rs 23,50,000. The stamp duty at 7% would be Rs 1,64,500, and the registration fee at 2% would be Rs 47,000, totaling Rs 2,11,500. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can also use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Sri Balaji Nagar Main Road?

The Sub Registrar Office that covers Sri Balaji Nagar Main Road is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value is a critical factor in the registration process when buying or selling property in Anakaputhur. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the transaction is recorded accurately in the official register.

When a property is sold, the guideline value helps determine the minimum value at which the property can be registered, protecting both the buyer and seller in the transaction. It is essential to be aware of the current guideline value to avoid discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Sri Balaji Nagar Main Road?

The current guideline value of Sri Balaji Nagar Main Road is Rs 2,350 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since 2017, the guideline value has increased from Rs 1,407 per sq.ft to Rs 2,350 per sq.ft in 2024, reflecting an overall increase of 67%.

What is the stamp duty for property in Sri Balaji Nagar Main Road?

The stamp duty for property in Sri Balaji Nagar Main Road is 7% of the guideline value or the sale price, whichever is higher. For a 1,000 sq.ft plot, the stamp duty would be Rs 1,64,500 based on the current guideline value.

Where can I find the Sub Registrar Office for Sri Balaji Nagar Main Road?

The Sub Registrar Office for Sri Balaji Nagar Main Road is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075. You can find more information by visiting the appropriate link.

What are the other streets in Anakaputhur with guideline values?

Other streets in Anakaputhur include Sri Balaji Nagar Cross Street and Sri Balaji Nagar, both at Rs 2,350 per sq.ft, and several streets in Srinivasapuram at Rs 1,760 per sq.ft.