Guideline Value for WHITE CITY

White City guideline value

The current guideline value of White City, located in Panchetty village under the Redhills SRO, is Rs 1,400 per sq.ft, effective from 1 July 2024. The land classification for this area is Mixed Type - I.

How the guideline value of White City has changed

The guideline value for White City has remained consistent in recent revisions. The register has no figure for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 1,400 per sq.ft, which continued unchanged into the 2024 revision.

From the 2023 to the 2024 revision, there was a change of +0%, maintaining the guideline value at Rs 1,400 per sq.ft. This consistent value indicates stability in the guideline value for this street.

Guideline values in Panchetty

Panchetty village has 46 streets under the Redhills SRO that carry a 2024 guideline value, ranging from Rs 300 to Rs 1,600 per sq.ft, with a median of Rs 1,000 per sq.ft. The guideline value of White City is above this median.

• White City Annex: Rs 1,400 per sq.ft (2024)
• Vivekananda Nagar: Rs 400 per sq.ft (2024)
• Udaiyar Street: Rs 1,000 per sq.ft (2024)
• Thatchoor Udaiyar 2nd Cross Street: Rs 1,000 per sq.ft (2024)
• Thatchoor Udaiyar 1st Cross Street: Rs 1,000 per sq.ft (2024)
• Thatchoor School Salai: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in White City

For a 1,000 sq.ft plot at the current guideline value of Rs 1,400 per sq.ft, the total guideline value would be Rs 14,00,000. The stamp duty at 7% would be Rs 98,000, and the registration fee at 2% would be Rs 28,000, totaling Rs 1,26,000. 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 White City?

The Sub Registrar Office that covers White City is the Redhills Sub Registrar Office, located at 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 Panchetty

The guideline value is a crucial factor when registering property transactions in Panchetty. It serves as a reference point for calculating stamp duty and registration fees, ensuring that the appropriate charges are applied based on the property's value.

When buying or selling property, the guideline value helps determine the legal and financial obligations involved in the transaction. Buyers and sellers should be aware of the current guideline value to ensure compliance with registration requirements.

Frequently asked questions

What is the current guideline value of White City?

The current guideline value of White City is Rs 1,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 1,400 per sq.ft in both the 2023 and 2024 revisions. The register has no figure for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for White City?

The land classification for White City is Mixed Type - I, which indicates the type of development allowed in the area.

Where can I find the Sub Registrar Office for White City?

The Sub Registrar Office for White City is located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

How is the stamp duty calculated for property in White City?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a plot of 1,000 sq.ft at the guideline value of Rs 1,400 per sq.ft, the stamp duty would be Rs 98,000.