Guideline Value

Corporate

Guideline Value for Arunachalapuram 1st Street

₹6100/sq.ft.

The guideline value for Arunachalapuram 1st Street in Urur village (Adayar SRO, Chennai zone) is Rs 6100 per sq.ft, effective 1 July 2024. It was Rs 5500 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Urur

Village

Adayar

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹6100 /sq.ft.
From 1-4-2023 ₹5500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3685 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹5500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2000 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹535 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹451 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.161(71/6), L.b Road (dr.muthulakshmi Salai) Tnhb Building,third Floor,thiruvanmiyur,chennai-600041
044-24415011
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Arunachalapuram 1st Street

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Arunachalapuram 1st Street guideline value

The current guideline value of Arunachalapuram 1st Street is Rs 6,100 per sq.ft, effective from 1 July 2024. This street is located in Urur village and falls under the Adayar SRO. The land classification for this area is Residential Class III Type - I.

How the guideline value of Arunachalapuram 1st Street has changed

Over the years, the guideline value of Arunachalapuram 1st Street has seen significant changes. The revisions began with Rs 451 per sq.ft in 2002, which increased to Rs 535 per sq.ft in 2003. Following this, the value rose sharply to Rs 2,000 per sq.ft in 2007, then to Rs 5,500 per sq.ft in 2012. However, it dropped to Rs 3,685 per sq.ft in 2017 before climbing to Rs 5,500 per sq.ft in 2023, and finally reaching Rs 6,100 per sq.ft in 2024.

The percentage changes between revisions are noteworthy. From 2002 to 2024, the overall increase is +1253%. The most significant rise occurred from 2003 to 2007, with a change of +274%. In contrast, the value decreased by -33% from 2012 to 2017. The latest change from 2023 to 2024 shows an increase of +11%.

Guideline values in Urur

In Urur, there are 176 streets under the Adayar SRO, with guideline values ranging from Rs 4,400 to Rs 15,400 per sq.ft. The median guideline value in this area is Rs 6,600 per sq.ft, making the current value of Arunachalapuram 1st Street below this median.

Stamp duty and registration fee for property in Arunachalapuram 1st Street

For a 1,000 sq.ft plot at the current guideline value of Rs 6,100 per sq.ft, the total guideline value amounts to Rs 61,00,000. The stamp duty at 7% would be Rs 4,27,000, and the registration fee at 2% would be Rs 1,22,000, bringing the total to Rs 5,49,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Arunachalapuram 1st Street?

The Sub Registrar Office that covers Arunachalapuram 1st Street is the Adayar Sub Registrar Office, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Urur. It serves as a benchmark for determining the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations.

When registering a property, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that both parties are aware of the financial implications of the transaction, as these fees are based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Arunachalapuram 1st Street?

The current guideline value of Arunachalapuram 1st Street is Rs 6,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 451 per sq.ft in 2002 to Rs 6,100 per sq.ft in 2024, reflecting an overall increase of +1253% over the years.

What is the land classification for Arunachalapuram 1st Street?

The land classification for Arunachalapuram 1st Street is Residential Class III Type - I.

What are the stamp duty and registration fees for a property in Arunachalapuram 1st Street?

For a 1,000 sq.ft plot, the total guideline value is Rs 61,00,000. The stamp duty would be Rs 4,27,000, and the registration fee would be Rs 1,22,000, totaling Rs 5,49,000.

Which office handles property registrations for Arunachalapuram 1st Street?

The Adayar Sub Registrar Office handles property registrations for Arunachalapuram 1st Street, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20.