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Guideline Value

Corporate

Guideline Value for Arunachalapuram 2nd Street

₹6100/sq.ft.

The guideline value for Arunachalapuram 2nd 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 2nd Street

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Arunachalapuram 2nd Street guideline value

The current guideline value of Arunachalapuram 2nd Street is Rs 6,100 per sq.ft, effective from 1 July 2024. This street is located in Urur village under the Adayar SRO and is classified as Residential Class III Type - I.

How the guideline value of Arunachalapuram 2nd Street has changed

The guideline value for Arunachalapuram 2nd Street has seen several revisions over the years. Starting from Rs 451 per sq.ft in 2002, it increased to Rs 535 per sq.ft in 2003, marking a change of +19%. The value then rose significantly to Rs 2,000 per sq.ft in 2007, a change of +274%. In 2012, the guideline value was Rs 5,500 per sq.ft, reflecting an increase of +175% from the previous revision. However, it dropped to Rs 3,685 per sq.ft in 2017, showing a decrease of -33%. The value then increased to Rs 5,500 per sq.ft in 2023, and finally, it reached Rs 6,100 per sq.ft in 2024, which is an increase of +11% from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by +1253%. The register has no figures for revisions in years other than those listed.

Guideline values in Urur

In Urur village, there are 176 streets under the Adayar SRO that carry a 2024 guideline value ranging from Rs 4,400 to Rs 15,400 per sq.ft, with a median value of Rs 6,600 per sq.ft. The guideline value of Arunachalapuram 2nd Street is below this median.

Stamp duty and registration fee for property in Arunachalapuram 2nd 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, making the total charges Rs 5,49,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Arunachalapuram 2nd Street?

The Sub Registrar Office that covers Arunachalapuram 2nd 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 is a crucial factor during the registration of property transactions. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property in Urur, the guideline value helps both parties understand the official valuation of the property. This value is used to calculate the stamp duty and registration fees, which are mandatory for completing the transaction legally.

Frequently asked questions

What is the current guideline value of Arunachalapuram 2nd Street?

The current guideline value of Arunachalapuram 2nd 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 this period.

What is the land classification for Arunachalapuram 2nd Street?

Arunachalapuram 2nd Street is classified as Residential Class III Type - I.

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

The Adayar Sub Registrar Office covers Arunachalapuram 2nd Street, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20.

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

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property with a guideline value of Rs 6,100 per sq.ft incurs a stamp duty of 7% on the total guideline value during registration.