Guideline Value

Corporate

Guideline Value for B.B. ROAD 9TH CROSS STREET

₹5400/sq.ft.

The guideline value for B.b. Road 9th 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 9th Cross Street

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B.B. Road 9th Cross Street guideline value

The current guideline value of B.B. Road 9th 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 is classified as Residential Class I Type - I.

How the guideline value of B.B. Road 9th Cross Street has changed

The guideline value for B.B. Road 9th Cross Street has undergone several revisions over the years. In 2012, the value was Rs 5,000 per sq.ft, which decreased to Rs 3,350 per sq.ft in 2017. Following this, the value increased to Rs 5,000 per sq.ft in 2023, and then rose to Rs 5,400 per sq.ft in 2024, reflecting an 8% increase from the previous year.

From 2017 to 2023, there was a significant increase of 49%. Overall, from 2012 to 2024, the guideline value has increased by 8%. The register does not contain 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 guideline values ranging from Rs 1,600 to Rs 7,100 per sq.ft. The median value across these streets is Rs 2,700 per sq.ft, placing B.B. Road 9th Cross Street above this median.

Stamp duty and registration fee for property in B.B. Road 9th 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 would be Rs 54,00,000. The stamp duty at 7% would amount to Rs 3,78,000, and the registration fee at 2% would be Rs 1,08,000, bringing the total to Rs 4,86,000. Please 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 B.B. Road 9th Cross Street?

The Sub Registrar Office that covers B.B. Road 9th Cross Street is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. You can find your SRO for further assistance.

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

The guideline value is an important factor in property transactions, as it determines the minimum value at which a property can be registered. When buying or selling property in Perambur, the guideline value is used to calculate applicable stamp duty and registration fees.

It is essential for buyers and sellers to be aware of the current guideline value to ensure compliance with registration requirements and to avoid any potential legal issues during the transaction process.

Frequently asked questions

What is the current guideline value of B.B. Road 9th Cross Street?

The current guideline value of B.B. Road 9th 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 in 2012 to Rs 3,350 in 2017, then to Rs 5,000 in 2023, and finally to Rs 5,400 in 2024.

What is the stamp duty for property in B.B. Road 9th Cross Street?

The stamp duty for property in B.B. Road 9th Cross Street is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for B.B. Road 9th Cross Street?

The Sub Registrar Office for B.B. Road 9th Cross Street is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.

What are the guideline values for other streets in Perambur?

Other streets in Perambur have varying guideline values, with B.B. Road 8th Cross Street, B.B. Road All Lanes, B.B. Road 7th Cross Street, and B.B. Road 6th Street all at Rs 5,400 per sq.ft in 2024.