Guideline Value for Sri Bhuvaneshwar Nagar Extn.

₹1100/sq.ft.

The guideline value for Sri Bhuvaneshwar Nagar Extn. in Pulikoradu village (Tambaram Joint 1 SRO, Chengalpattu zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Pulikoradu

Village

Tambaram Joint 1

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /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.26,mes Road, East Tambaram, Chennai-600059.
044-22397171
[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 Bhuvaneshwar Nagar Extn.

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Sri Bhuvaneshwar Nagar Extn. guideline value

The current guideline value of Sri Bhuvaneshwar Nagar Extn., located in Pulikoradu village, is Rs 1,100 per sq.ft, effective from 1 July 2024. This area falls under the Tambaram Joint 1 SRO and is classified as Residential Class II Type - II.

How the guideline value of Sri Bhuvaneshwar Nagar Extn. has changed

The guideline value for Sri Bhuvaneshwar Nagar Extn. has seen several revisions over the years. The earliest record available is from 2012, when the value was Rs 1,000 per sq.ft. This figure remained unchanged until 2017, when it dropped to Rs 670 per sq.ft. Following this, the value increased significantly to Rs 1,000 per sq.ft in 2023, and further rose to Rs 1,100 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

From 2017 to 2023, the guideline value increased by 49%. Overall, from 2012 to 2024, the guideline value has seen a modest increase of 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Pulikoradu

In Pulikoradu, there are 62 streets under the Tambaram Joint 1 SRO that carry a 2024 guideline value, ranging from Rs 880 to Rs 6,600 per sq.ft. The median value among these streets is Rs 880 per sq.ft, placing Sri Bhuvaneshwar Nagar Extn. above this median.

Stamp duty and registration fee for property in Sri Bhuvaneshwar Nagar Extn.

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total charges to Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sri Bhuvaneshwar Nagar Extn.?

The Sri Bhuvaneshwar Nagar Extn. area is covered by the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Pulikoradu. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees applicable to the transaction.

It is essential for buyers and sellers to be aware of the current guideline value, as it affects the overall cost of the transaction. The stamp duty is calculated based on this value, ensuring that all parties involved are informed of the financial obligations associated with the property transfer.

Frequently asked questions

What is the current guideline value of Sri Bhuvaneshwar Nagar Extn.?

The current guideline value of Sri Bhuvaneshwar Nagar Extn. is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then increased to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,100 per sq.ft in 2024.

What is the stamp duty rate for properties in Sri Bhuvaneshwar Nagar Extn.?

The stamp duty rate for properties in Sri Bhuvaneshwar Nagar Extn. is 7%, calculated on the higher of the guideline value or the sale price.

Where can I find the Sub Registrar Office for Sri Bhuvaneshwar Nagar Extn.?

The Sub Registrar Office covering Sri Bhuvaneshwar Nagar Extn. is located at No.26, Mes Road, East Tambaram, Chennai-600059.

What is the land classification for Sri Bhuvaneshwar Nagar Extn.?

Sri Bhuvaneshwar Nagar Extn. is classified as Residential Class II Type - II, which indicates its designated use for residential purposes.