Guideline Value

Corporate

Guideline Value for B.B.ROAD 4TH CROSS STREET

₹5400/sq.ft.

The guideline value for B.b.road 4th 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 4th Cross Street

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B.B.Road 4th Cross Street guideline value

The current guideline value of B.B.Road 4th 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 4th Cross Street has changed

The guideline value for B.B.Road 4th Cross Street has seen multiple revisions over the years. In 2003, the value was Rs 465 per sq.ft, which increased significantly to Rs 800 per sq.ft in 2007. The value then surged to Rs 5,000 per sq.ft in 2012, marking a notable rise of 525%. However, the value dropped to Rs 3,350 per sq.ft in 2017, a decrease of 33%. From 2017 to 2023, the value increased by 49% to Rs 5,000 per sq.ft, and the most recent revision in 2024 has set the value at Rs 5,400 per sq.ft, reflecting an 8% increase.

It is important to note that the register has no figure for this street in the year 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, placing B.B.Road 4th Cross Street's 2024 figure above this median.

Stamp duty and registration fee for property in B.B.Road 4th 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, 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. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers B.B.Road 4th Cross Street?

The Sub Registrar Office that covers B.B.Road 4th 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 during the registration of property transactions in Perambur. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

When a property is registered, the guideline value is compared with the sale price, and the higher amount 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 4th Cross Street?

The current guideline value of B.B.Road 4th 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 from Rs 465 per sq.ft in 2003 to Rs 5,400 per sq.ft in 2024, marking an overall increase of 1061% over the years.

What is the registration office for B.B.Road 4th Cross Street?

The registration office for B.B.Road 4th Cross Street is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.

How is stamp duty calculated for properties in B.B.Road 4th Cross Street?

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

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 3rd Street, B.B. Road 4th Street, B.B.Road 3rd Cross Street, B.B.Road 5th Cross Street, B.B. Road 2nd Street, and B.B. Road 5th Street.