Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Sri Selva Vinayagar Nagar

₹440/sq.ft.

The guideline value for Sri Selva Vinayagar Nagar in Pullilyon village (Redhills SRO, Chennai zone) is Rs 440 per sq.ft, effective 1 July 2024. It was Rs 400 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Pullilyon

Village

Redhills

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹440 /sq.ft.
From 1-4-2023 ₹400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹268 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹400 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹200 /sq.ft.
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 Selva Vinayagar Nagar

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Sri Selva Vinayagar Nagar guideline value

The current guideline value for Sri Selva Vinayagar Nagar is Rs 440 per sq.ft, effective from 1 July 2024. This area is located in Pullilyon village, under the Redhills SRO, with a land classification of Residential Class III Type - I.

How the guideline value of Sri Selva Vinayagar Nagar has changed

The guideline value for Sri Selva Vinayagar Nagar has undergone several revisions over the years. In the 2007 revision, the value was Rs 200 per sq.ft, which increased to Rs 400 per sq.ft in 2012. However, it saw a decrease to Rs 268 per sq.ft in the 2017 revision. The 2023 revision marked a significant increase to Rs 400 per sq.ft, and the latest revision in 2024 has set the value at Rs 440 per sq.ft. The register has no figures for this street in 2002 and 2003.

From 2007 to 2012, the value increased by 100%, but then it decreased by 33% from 2012 to 2017. The value rebounded with a 49% increase from 2017 to 2023, followed by a 10% rise from 2023 to 2024. Overall, from 2007 to 2024, the guideline value has increased by 120%.

Guideline values in Pullilyon

In Pullilyon village, there are 77 streets under the Redhills SRO that carry a 2024 guideline value ranging from Rs 440 to Rs 2,200 per sq.ft, with a median value of Rs 700 per sq.ft. Sri Selva Vinayagar Nagar's 2024 guideline value is below this median.

Stamp duty and registration fee for property in Sri Selva Vinayagar Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 440 per sq.ft, the total guideline value amounts to Rs 4,40,000. The stamp duty is charged at 7%, which totals Rs 30,800, and the registration fee at 2% amounts to Rs 8,800. Together, the total cost for stamp duty and registration fee is Rs 39,600. It is important to note that the 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 Selva Vinayagar Nagar?

Sri Selva Vinayagar Nagar falls under the Redhills Sub Registrar Office, located at Sub Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more information.

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

The guideline value plays a crucial role when buying or selling property in Pullilyon. It is used to determine the stamp duty and registration fees applicable during the transaction. Buyers and sellers should be aware that the guideline value is a benchmark for property transactions and is essential for legal documentation.

When registering a property, the guideline value helps ensure that the transaction is recorded accurately and transparently. It is important for both parties to understand the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for Sri Selva Vinayagar Nagar?

The current guideline value for Sri Selva Vinayagar Nagar is Rs 440 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2007, the guideline value has increased by 120%. It has seen various changes, including a decrease from 2012 to 2017 and increases in subsequent revisions.

What is the registration office for Sri Selva Vinayagar Nagar?

The registration office for Sri Selva Vinayagar Nagar is the Redhills Sub Registrar Office, located at Sub Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

How is stamp duty calculated in Sri Selva Vinayagar Nagar?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the stamp duty would be Rs 30,800 based on the current guideline value.

What are the other streets in Pullilyon?

Other streets in Pullilyon include Sri Selva Vinayar Nagar Annex, Sri Thirumalai Nagar, Sri Renga Nagar, Sri Renga Co-Operative Nagar, Sri Vetrivel Murugan Nagar, and Sri Ranga Co-operative Society Nagar, with varying guideline values.