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Guideline Value

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Guideline Value for AppaSami Mudali Street (T.N.S.C.B. Portion)

₹2800/sq.ft.

The guideline value for Appasami Mudali Street (t.n.s.c.b. Portion) in Egmore village (Periamet SRO, Chennai zone) is Rs 2800 per sq.ft, effective 1 July 2024. It was Rs 2600 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Egmore

Village

Periamet

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹2800 /sq.ft.
From 1-4-2023 ₹2600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1742 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2600 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1200 /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)

1103, Poonamallee High Road, Chennai-600 003.
044-25612486
[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 Appasami Mudali Street (t.n.s.c.b. Portion)

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AppaSami Mudali Street (T.N.S.C.B. Portion) guideline value

The current guideline value of AppaSami Mudali Street (T.N.S.C.B. Portion) is Rs 2,800 per sq.ft, effective from 1 July 2024. This street is located in Egmore village under the Periamet SRO, classified as Residential Class IV Type - I.

How the guideline value of AppaSami Mudali Street (T.N.S.C.B. Portion) has changed

Over the years, the guideline value for AppaSami Mudali Street has seen several revisions. The 2007 revision set the value at Rs 1,200 per sq.ft, which increased significantly to Rs 2,600 per sq.ft in 2012. However, this value decreased to Rs 1,742 per sq.ft in 2017. Following this, the value rose to Rs 2,600 per sq.ft in 2023, and then to the current Rs 2,800 per sq.ft in 2024, marking an 8% increase from the previous year.

In terms of percentage changes, the guideline value increased by 49% from 2017 to 2023, while it decreased by 33% from 2012 to 2017. The increase from 2007 to 2012 was 117%. Overall, from 2007 to 2024, the guideline value has risen by 133%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Egmore

In Egmore, there are 465 streets under the Periamet SRO with a 2024 guideline value ranging from Rs 2,800 to Rs 22,000 per sq.ft, with a median value of Rs 7,100 per sq.ft. The guideline value of AppaSami Mudali Street is below this median.

Stamp duty and registration fee for property in AppaSami Mudali Street (T.N.S.C.B. Portion)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,800 per sq.ft, the total guideline value amounts to Rs 28,00,000. The stamp duty at 7% would be Rs 1,96,000, and the registration fee at 2% would be Rs 56,000, bringing the total fees to Rs 2,52,000. 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 information.

Which Sub Registrar Office covers AppaSami Mudali Street (T.N.S.C.B. Portion)?

The Sub Registrar Office that covers AppaSami Mudali Street is the Periamet Sub Registrar Office, located at 1103, Poonamallee High Road, Chennai-600 003. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process of property transactions in Egmore. It is used to calculate the stamp duty and registration fees, which are mandatory when buying or selling property.

When a property is sold, the guideline value is compared with the sale price, and the higher of the two is used to determine the applicable fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of AppaSami Mudali Street?

The current guideline value of AppaSami Mudali Street (T.N.S.C.B. Portion) is Rs 2,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, with the most recent increase being from Rs 2,600 per sq.ft in 2023 to Rs 2,800 per sq.ft in 2024, an increase of 8%.

What is the land classification for AppaSami Mudali Street?

AppaSami Mudali Street is classified as Residential Class IV Type - I.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office for AppaSami Mudali Street is the Periamet Sub Registrar Office, located at 1103, Poonamallee High Road, Chennai-600 003.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 28,00,000, the stamp duty would be Rs 1,96,000 at a rate of 7%.