Guideline Value

Corporate

Guideline Value for B.B. ROAD 3RD STREET

₹5400/sq.ft.

The guideline value for B.b. Road 3rd 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 ₹800 /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)

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 3rd Street

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B.B. Road 3rd Street guideline value

The current guideline value of B.B. Road 3rd 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 3rd Street has changed

The guideline value for B.B. Road 3rd Street has seen significant changes over the years. In 2007, the guideline value was Rs 800 per sq.ft, which increased dramatically to Rs 5,000 per sq.ft in 2012, marking a rise of 525%. However, from 2012 to 2017, there was a decrease to Rs 3,350 per sq.ft, a drop of 33%. The value then increased to Rs 5,000 per sq.ft in 2023, reflecting a 49% increase from the previous revision.

As of the 2024 revision, the guideline value stands at Rs 5,400 per sq.ft, which is an 8% increase from the 2023 figure. Overall, from 2007 to 2024, the guideline value has increased by 575%. The register has no figures for the years 2002 and 2003 for this street.

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, with a median value of Rs 2,700 per sq.ft. B.B. Road 3rd Street's 2024 figure of Rs 5,400 per sq.ft is above this median.

Stamp duty and registration fee for property in B.B. Road 3rd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 5,400 per sq.ft, the total guideline value amounts to 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 to Rs 4,86,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers B.B. Road 3rd Street?

The B.B. Road 3rd Street falls under the jurisdiction of the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. You can find your SRO for more information.

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

The guideline value is an essential factor in property transactions in Perambur. It is used to determine the stamp duty and registration fees payable when a property is bought or sold. Buyers and sellers should be aware that these fees are calculated based on the guideline value or the sale price, whichever is higher.

Understanding the guideline value is crucial for anyone looking to transact in real estate within the region. It ensures compliance with local regulations and helps in estimating the total cost involved in the registration process.

Frequently asked questions

What is the current guideline value of B.B. Road 3rd Street?

The current guideline value of B.B. Road 3rd 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 significant changes, increasing from Rs 800 per sq.ft in 2007 to Rs 5,400 per sq.ft in 2024, which is a total increase of 575% over this period.

What are the stamp duty and registration fees for properties on this street?

For a 1,000 sq.ft property at the guideline value of Rs 5,400 per sq.ft, the total guideline value is Rs 54,00,000. The stamp duty would be Rs 3,78,000, and the registration fee would be Rs 1,08,000, totaling Rs 4,86,000.

Which Sub Registrar Office covers B.B. Road 3rd Street?

The Purasaivakkam Sub Registrar Office covers B.B. Road 3rd Street, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.

What is the land classification of B.B. Road 3rd Street?

B.B. Road 3rd Street is classified as Residential Class I Type - I.