Guideline Value

Corporate

Guideline Value for B.B. ROAD 8TH CROSS STREET

₹5400/sq.ft.

The guideline value for B.b. Road 8th 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 8th Cross Street

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B.B. Road 8th Cross Street guideline value

The current guideline value of B.B. Road 8th 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, and it falls under the Residential Class I Type - I land classification.

How the guideline value of B.B. Road 8th Cross Street has changed

The guideline value for B.B. Road 8th Cross Street has undergone several revisions over the years. The earliest recorded revision was in 2012, where the guideline value was Rs 5,000 per sq.ft. This figure remained until the 2017 revision, which saw a decrease to Rs 3,350 per sq.ft. However, the value increased significantly to Rs 5,000 per sq.ft in the 2023 revision, and then rose again to Rs 5,400 per sq.ft in the 2024 revision, marking an 8% increase from the previous year.

From 2012 to 2017, the guideline value decreased by 33%. In contrast, there was a substantial increase of 49% from 2017 to 2023. Overall, from 2012 to 2024, the guideline value has increased by 8%. The register has no figures for the years 2002, 2003, and 2007 for this street.

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 for these streets is Rs 2,700 per sq.ft, placing B.B. Road 8th Cross Street above this median.

Stamp duty and registration fee for property in B.B. Road 8th Cross 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, totaling 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. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers B.B. Road 8th Cross Street?

The Sub Registrar Office that covers B.B. Road 8th Cross 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 when registering property transactions in Perambur. It serves as a benchmark for determining the stamp duty and registration fees payable during the sale or purchase of property. Buyers and sellers must consider this value to ensure compliance with local regulations.

When a property is sold, the registration office uses the guideline value to calculate the applicable fees. This ensures that all transactions reflect the official value set by the Registration Department, which helps maintain transparency in property dealings.

Frequently asked questions

What is the current guideline value of B.B. Road 8th Cross Street?

The current guideline value of B.B. Road 8th 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 changed from Rs 5,000 per sq.ft in 2012 to Rs 3,350 per sq.ft in 2017, then back to Rs 5,000 per sq.ft in 2023, and finally to Rs 5,400 per sq.ft in 2024.

What is the land classification for B.B. Road 8th Cross Street?

B.B. Road 8th Cross Street is classified under Residential Class I Type - I.

What are the other streets with the same guideline value in Perambur?

Other streets in Perambur with the same guideline value of Rs 5,400 per sq.ft include B.B. Road 7th Cross Street, B.B. Road 9th Cross Street, B.B. Road 6th Street, B.B. Road All Lanes, B.B. Road 6th Cross Street, and B.B. Road 5th Street.

Where can I find the Sub Registrar Office for B.B. Road 8th Cross Street?

The Sub Registrar Office for B.B. Road 8th Cross Street is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.