Guideline Value

Corporate

Guideline Value for B.B. ROAD 5TH STREET

₹5400/sq.ft.

The guideline value for B.b. Road 5th 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 5th Street

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B.B. Road 5th Street guideline value

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

How the guideline value of B.B. Road 5th Street has changed

The guideline value for B.B. Road 5th Street has undergone several revisions over the years. The earliest recorded revision is from 2007, where the guideline value was Rs 800 per sq.ft. This increased significantly to Rs 5,000 per sq.ft in 2012, marking a 525% increase. However, it then dropped to Rs 3,350 per sq.ft in 2017, a decrease of 33%. The value rose again to Rs 5,000 per sq.ft in 2023, and subsequently reached Rs 5,400 per sq.ft in the 2024 revision, reflecting an 8% increase from the previous year.

There are no recorded figures for B.B. Road 5th Street in the years 2002 and 2003. Overall, from 2007 to 2024, the guideline value has increased by 575%.

Guideline values in Perambur

In Perambur, there are 1,114 streets under the Purasaivakkam SRO with a 2024 guideline value range from Rs 1,600 to Rs 7,100 per sq.ft. The median guideline value is Rs 2,700 per sq.ft, placing B.B. Road 5th Street's 2024 guideline value above this median.

Stamp duty and registration fee for property in B.B. Road 5th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 5,400 per sq.ft, the total guideline 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 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 precise calculations.

Which Sub Registrar Office covers B.B. Road 5th Street?

The Sub Registrar Office that covers B.B. Road 5th Street is 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 a crucial factor during the registration of property transactions in Perambur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid, ensuring that these costs are calculated based on the official valuation of the property.

When buying or selling property, it is essential to be aware of the guideline value as it affects the overall cost of the transaction. Buyers should ensure that they are prepared to pay the necessary fees based on this value to avoid any complications during the registration process.

Frequently asked questions

What is the current guideline value of B.B. Road 5th Street?

The current guideline value of B.B. Road 5th 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 several revisions, 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%.

What is the median guideline value in Perambur?

The median guideline value in Perambur is Rs 2,700 per sq.ft, with B.B. Road 5th Street's value being above this median.

What are the stamp duty and registration fees for property transactions?

Stamp duty is charged at 7%, and the registration fee is 2% of the guideline value or sale price, whichever is higher. For example, a 1,000 sq.ft plot would incur a total of Rs 4,86,000 in fees.

Where is the Sub Registrar Office for B.B. Road 5th Street located?

The Purasaivakkam Sub Registrar Office is located at 93/1, Bricklin Road, Otteri, Chennai- 600 012, and handles registrations for B.B. Road 5th Street.