Guideline Value

Corporate

Guideline Value for Appadurai Naiken Main Road

₹1600/sq.ft.

The guideline value for Appadurai Naiken Main Road in Chinna Sembaram Bakkam village (Sembiam SRO, Chennai zone) is Rs 1600 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 7% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Chinna Sembaram Bakkam

Village

Sembiam

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1600 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1005 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹600 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹363 /sq.ft.
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

5, Papermills Road, Sembiam, Chennai - 600011.
044-26702002
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Appadurai Naiken Main Road

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Appadurai Naiken Main Road guideline value

The current guideline value of Appadurai Naiken Main Road is Rs 1,600 per sq.ft, effective from 1 July 2024. This road is located in Chinna Sembaram Bakkam village, under the Sembiam SRO, and is classified as Residential Class I Type - I.

How the guideline value of Appadurai Naiken Main Road has changed

The guideline value for Appadurai Naiken Main Road has seen several revisions over the years. The earliest available figure is from the 2003 revision, which was Rs 363 per sq.ft. This increased to Rs 600 per sq.ft in 2007, then rose significantly to Rs 1,500 per sq.ft in 2012. However, it dropped to Rs 1,005 per sq.ft in 2017, before climbing to Rs 1,500 per sq.ft again in 2023, and finally reaching Rs 1,600 per sq.ft in the 2024 revision.

From 2017 to 2023, the value increased by 49%, while the jump from 2023 to 2024 was 7%. The overall increase from 2003 to 2024 is 341%. It is important to note that there is no figure available for the 2002 revision for this street.

Guideline values in Chinna Sembaram Bakkam

In Chinna Sembaram Bakkam, there are 37 streets under the Sembiam SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 2,700 per sq.ft, with a median of Rs 1,400 per sq.ft. The guideline value for Appadurai Naiken Main Road is above this median.

Stamp duty and registration fee for property in Appadurai Naiken Main Road

For a 1,000 sq.ft plot at the current rate of Rs 1,600 per sq.ft, the guideline value amounts to Rs 16,00,000. The stamp duty at 7% would be Rs 1,12,000, and the registration fee at 2% would be Rs 32,000, totaling Rs 1,44,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Appadurai Naiken Main Road?

The Sub Registrar Office that covers Appadurai Naiken Main Road is the Sembiam Sub Registrar Office, located at 5, Papermills Road, Sembiam, Chennai - 600011. You can find your SRO for additional information.

How the guideline value is used when you buy or sell in Chinna Sembaram Bakkam

The guideline value is a crucial factor during property transactions in Chinna Sembaram Bakkam. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling property in the area. This ensures that the transaction is recorded accurately and complies with local regulations.

When you register a property, the guideline value serves as a baseline for calculating the applicable fees. Buyers should be aware that these fees are based on the higher of the guideline value or the actual sale price, which can impact the total cost of the transaction.

Frequently asked questions

What is the current guideline value of Appadurai Naiken Main Road?

The current guideline value of Appadurai Naiken Main Road is Rs 1,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 363 per sq.ft in 2003 to Rs 1,600 per sq.ft in 2024, with various revisions in between, including a drop in 2017 and an increase in 2023.

What are the stamp duty and registration fees for property in this area?

For a property valued at Rs 16,00,000, the stamp duty would be Rs 1,12,000 and the registration fee would be Rs 32,000, totaling Rs 1,44,000. These fees are based on the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office covers this area?

The Sembiam Sub Registrar Office covers Appadurai Naiken Main Road, located at 5, Papermills Road, Sembiam, Chennai - 600011.

What is the significance of the guideline value in property transactions?

The guideline value is used to calculate the stamp duty and registration fees when buying or selling property. It ensures that the transaction is recorded accurately and complies with local regulations.