Guideline Value

Corporate

Guideline Value for B.B. ROAD 10TH CROSS STREET

₹5400/sq.ft.

The guideline value for B.b. Road 10th Cross Street in Perambur village (Purasaivakkam SRO, Chennai zone) is Rs 5400 per sq.ft, effective 1 July 2024. It was Rs 5000 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Perambur

Village

Purasaivakkam

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹5400 /sq.ft.
From 1-4-2023 ₹5000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3350 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹5000 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
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 B.b. Road 10th Cross Street

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B.B. Road 10th Cross Street guideline value

The current guideline value of B.B. Road 10th Cross Street is Rs 5,400 per sq.ft, effective from 1 July 2024. This street is located in Perambur village under the Purasaivakkam SRO, classified as Residential Class I Type - I.

How the guideline value of B.B. Road 10th Cross Street has changed

In the 2012 revision, the guideline value was Rs 5,000 per sq.ft. This figure then decreased to Rs 3,350 per sq.ft in the 2017 revision, marking a decline of 33%. Subsequently, the value increased significantly to Rs 5,000 per sq.ft in the 2023 revision, followed by a further increase to Rs 5,400 per sq.ft in the 2024 revision, which is an 8% rise from the previous year. Notably, there are no figures available for the years 2002, 2003, and 2007 for this street.

Overall, from the 2012 revision to the 2024 revision, there has been an increase of 8% in the guideline value. The changes between the revisions illustrate a notable fluctuation in the values over the years, particularly the substantial increase of 49% from 2017 to 2023.

Guideline values in Perambur

In Perambur village, 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 guideline value for these streets is Rs 2,700 per sq.ft, placing B.B. Road 10th Cross Street above this median.

Stamp duty and registration fee for property in B.B. Road 10th Cross Street

For a 1,000 sq.ft plot at the current guideline value, the total value would be Rs 54,00,000. The stamp duty at 7% would be Rs 3,78,000, and the registration fee at 2% would be Rs 1,08,000, bringing the total fees together to Rs 4,86,000. 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 detailed calculations.

Which Sub Registrar Office covers B.B. Road 10th Cross Street?

The Sub Registrar Office that covers B.B. Road 10th Cross Street is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. For more information, you can find your SRO.

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

The guideline value is a crucial factor during the registration process when buying or selling property in Perambur. It serves as a benchmark for determining the minimum sale price of the property, ensuring that the transaction is recorded accurately in the official records.

When registering a property, the guideline value is used to calculate the stamp duty and registration fees. Buyers should be aware that these fees are based on the higher value between the guideline value and the actual sale price, which can significantly affect the total cost of the transaction.

Frequently asked questions

What is the current guideline value of B.B. Road 10th Cross Street?

The current guideline value of B.B. Road 10th Cross Street is Rs 5,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various changes, with a notable increase from Rs 3,350 per sq.ft in 2017 to Rs 5,000 per sq.ft in 2023, and then to Rs 5,400 per sq.ft in 2024.

What is the stamp duty for property in B.B. Road 10th Cross Street?

The stamp duty for property in B.B. Road 10th Cross Street is calculated at 7% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for B.B. Road 10th Cross Street?

The Sub Registrar Office for B.B. Road 10th Cross Street is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.

How is the guideline value used in property transactions?

The guideline value is used to determine the minimum sale price of a property and to calculate the stamp duty and registration fees during the registration process. It ensures that property transactions are recorded accurately in official records.