Guideline Value

Corporate

Guideline Value for B.B.ROAD 1ST CROSS STREET

₹5400/sq.ft.

The guideline value for B.b.road 1st 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 ₹800 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹465 /sq.ft.
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 1st Cross Street

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

B.B.Road 1st Cross Street guideline value

The current guideline value of B.B.Road 1st 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 1st Cross Street has changed

The guideline value for B.B.Road 1st Cross Street has seen several revisions over the years. In 2003, the value was Rs 465 per sq.ft, which increased to Rs 800 per sq.ft in 2007. The value then rose significantly to Rs 5,000 per sq.ft in 2012, followed by a decrease to Rs 3,350 per sq.ft in 2017. The value was revised to Rs 5,000 per sq.ft in 2023 and is now Rs 5,400 per sq.ft as of the 2024 revision. Notably, there is no figure for this street in the 2002 register.

From 2017 to 2023, there was a notable increase of 49%. The value then rose by 8% from 2023 to 2024. The most significant change occurred between 2007 and 2012, where the value increased by 525%. Overall, from 2003 to 2024, the guideline value has increased by 1061%.

Guideline values in Perambur

In Perambur village, there are 1114 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. The guideline value of B.B.Road 1st Cross Street is above this median.

Stamp duty and registration fee for property in B.B.Road 1st 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 1st Cross Street?

The Sub Registrar Office that covers B.B.Road 1st 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 plays a crucial role in property transactions in Perambur. It is used to determine the stamp duty and registration fees applicable when buying or selling a property. Buyers and sellers must be aware of the guideline value to ensure they are paying the correct fees during the registration process.

When a property is sold, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that all transactions are in accordance with the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value of B.B.Road 1st Cross Street?

The current guideline value of B.B.Road 1st 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 465 per sq.ft in 2003 to Rs 5,400 per sq.ft in 2024, showing an overall increase of 1061% over the years.

What is the land classification for B.B.Road 1st Cross Street?

B.B.Road 1st Cross Street is classified as Residential Class I Type - I.

Where can I find the Sub Registrar Office for this street?

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

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 54,00,000, the stamp duty would be Rs 3,78,000 at a rate of 7%.