Guideline Value

Corporate

Guideline Value for AZHAGIRI SAMY 8TH LANE

₹2700/sq.ft.

The guideline value for Azhagiri Samy 8th Lane in Perambur village (Purasaivakkam SRO, Chennai zone) is Rs 2700 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Class Iii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Perambur

Village

Purasaivakkam

SRO

Residential Class III Type - II
History
Period Guideline Value
From 1-7-2024 ₹2700 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 ₹500 /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)

93/1, Bricklin Road, Otteri, Chennai- 600 012.
044-26623514
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 Azhagiri Samy 8th Lane

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Azhagiri Samy 8th Lane guideline value

The current guideline value of Azhagiri Samy 8th Lane is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Perambur village, under the Purasaivakkam SRO, and is classified as Residential Class III Type - II.

How the guideline value of Azhagiri Samy 8th Lane has changed

The guideline value for Azhagiri Samy 8th Lane has seen significant changes over the years. In the 2007 revision, the value was Rs 500 per sq.ft, which increased to Rs 1,675 per sq.ft in the 2017 revision, marking a 235% rise. The 2023 revision set the value at Rs 2,500 per sq.ft, reflecting a 49% increase from the previous revision. The latest revision in 2024 has further increased the guideline value to Rs 2,700 per sq.ft, which is an 8% rise from 2023.

There are no figures available for the years 2002, 2003, and 2012 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 440%.

Guideline values in Perambur

In Perambur, there are 1,114 streets under the Purasaivakkam SRO that carry a 2024 guideline value, ranging from Rs 1,600 to Rs 7,100 per sq.ft. The median value for these streets is Rs 2,700 per sq.ft, which matches the 2024 figure for Azhagiri Samy 8th Lane.

Stamp duty and registration fee for property in Azhagiri Samy 8th Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value amounts to Rs 27,00,000. The stamp duty at 7% would be Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, bringing the total fees to Rs 2,43,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Azhagiri Samy 8th Lane?

The Azhagiri Samy 8th Lane is covered by the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. You can find your SRO for more details.

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

The guideline value is a crucial factor during the registration of property transactions in Perambur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is in line with government regulations.

When buying or selling property, the guideline value helps in calculating the applicable stamp duty and registration fees. Buyers should be aware that these fees are based on either the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Azhagiri Samy 8th Lane?

The current guideline value of Azhagiri Samy 8th Lane is Rs 2,700 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 from Rs 500 per sq.ft to Rs 2,700 per sq.ft in 2024, marking an overall increase of 440%.

What are the other streets in Perambur with the same guideline value?

Other streets in Perambur with a guideline value of Rs 2,700 per sq.ft include Azhagiri Samy 7th Street, Azhagiri Samy 8th Street, Azhagiri Samy 7th Lane, Azhagiri Samy Road All Streets, Azhagiri Samy 6th Street, and Azhagiri Samy 6th Lane.

How is stamp duty calculated for properties in Azhagiri Samy 8th Lane?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 27,00,000 would incur a stamp duty of Rs 1,89,000.

Where can I find the Sub Registrar Office for Azhagiri Samy 8th Lane?

The Sub Registrar Office covering Azhagiri Samy 8th Lane is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.