Guideline Value

Corporate

Guideline Value for B.B.ROAD 3RD CROSS STREET

₹5400/sq.ft.

The guideline value for B.b.road 3rd 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 3rd Cross Street

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B.B.Road 3rd Cross Street guideline value

The current guideline value for B.B.Road 3rd 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, classified as Residential Class I Type - I.

How the guideline value of B.B.Road 3rd Cross Street has changed

Over the years, the guideline value for B.B.Road 3rd Cross Street has seen significant changes. The earliest recorded figure is from 2003, where it was Rs 465 per sq.ft. This increased to Rs 800 per sq.ft in 2007, marking a substantial rise of 72%. Following this, the value surged to Rs 5,000 per sq.ft in 2012, reflecting an increase of 525%. However, it then decreased to Rs 3,350 per sq.ft in 2017, a drop of 33%. The value rose again to Rs 5,000 per sq.ft in 2023, which was a 49% increase. The current revision in 2024 has set the guideline value at Rs 5,400 per sq.ft, an 8% increase from the previous year.

The register has no figure for this street in 2002. Overall, from 2003 to 2024, the guideline value has increased by 1061%.

Guideline values in Perambur

In Perambur, there are 1114 streets under the Purasaivakkam SRO with a 2024 guideline value ranging from Rs 1,600 to Rs 7,100 per sq.ft. The median value is Rs 2,700 per sq.ft, indicating that B.B.Road 3rd Cross Street's current guideline value is above this median.

Stamp duty and registration fee for property in B.B.Road 3rd 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, making the total fees Rs 4,86,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

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

The Sub Registrar Office that covers B.B.Road 3rd 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 plays a crucial role during the registration of property transactions in Perambur. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling property in the area.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

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

The current guideline value of B.B.Road 3rd 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 significantly over the years, from Rs 465 per sq.ft in 2003 to Rs 5,400 per sq.ft in 2024, marking an overall increase of 1061%.

What is the median guideline value in Perambur?

The median guideline value in Perambur is Rs 2,700 per sq.ft, which is lower than the current guideline value of B.B.Road 3rd Cross Street.

What are the stamp duty and registration fees for properties in this area?

For a property valued at 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 office handles property registration for B.B.Road 3rd Cross Street?

The Purasaivakkam Sub Registrar Office handles property registration for B.B.Road 3rd Cross Street, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.