Guideline Value

Corporate

Guideline Value for BOAT CLUB ROAD 3RD AVENUE

₹25300/sq.ft.

The guideline value for Boat Club Road 3rd Avenue in Mylapore village (Mylapore SRO, Chennai zone) is Rs 25300 per sq.ft, effective 1 July 2024. It was Rs 23000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Mylapore

Village

Mylapore

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹25300 /sq.ft.
From 1-4-2023 ₹23000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹15410 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹23000 /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)

No:5/9, Kavingar Bharathidasan Salai, Seethamalcolony ,cresent Street Alwarpet,chennai -600018
044-24640344
[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 Boat Club Road 3rd Avenue

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Boat Club Road 3rd Avenue guideline value

The current guideline value of Boat Club Road 3rd Avenue is Rs 25,300 per sq.ft, effective from 1 July 2024. This street is located in Mylapore village, under the Mylapore SRO, and is classified as Residential Special Type - I.

How the guideline value of Boat Club Road 3rd Avenue has changed

The guideline value for Boat Club Road 3rd Avenue has seen several revisions over the years. In the 2012 revision, the guideline value was Rs 23,000 per sq.ft. This figure dropped to Rs 15,410 per sq.ft in 2017, marking a decrease of 33%. However, from 2017 to 2023, the value increased significantly to Rs 23,000 per sq.ft, reflecting a 49% rise. The most recent revision in 2024 set the value at Rs 25,300 per sq.ft, which is a 10% increase from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for Boat Club Road 3rd Avenue. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Mylapore

In Mylapore, there are 883 streets under the Mylapore SRO that carry a 2024 guideline value ranging from Rs 3,300 to Rs 25,800 per sq.ft. The median value for these streets is Rs 8,800 per sq.ft, placing Boat Club Road 3rd Avenue's 2024 figure above that median.

Stamp duty and registration fee for property in Boat Club Road 3rd Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 25,300 per sq.ft, the total guideline value would be Rs 2,53,00,000. The stamp duty at 7% would amount to Rs 17,71,000, and the registration fee at 2% would be Rs 5,06,000. Together, this amounts to Rs 22,77,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Boat Club Road 3rd Avenue?

The Sub Registrar Office that covers Boat Club Road 3rd Avenue is the Mylapore Sub Registrar Office, located at No:5/9, Kavingar Bharathidasan Salai, Seethamalcolony, Crescent Street Alwarpet, Chennai -600018. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Mylapore. It serves as a reference point for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that both the buyer and seller are aware of the costs involved. This helps in maintaining transparency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Boat Club Road 3rd Avenue?

The current guideline value of Boat Club Road 3rd Avenue is Rs 25,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 23,000 per sq.ft in 2012 to Rs 15,410 per sq.ft in 2017, then back to Rs 23,000 per sq.ft in 2023, and finally to Rs 25,300 per sq.ft in 2024.

What is the land classification for Boat Club Road 3rd Avenue?

Boat Club Road 3rd Avenue is classified as Residential Special Type - I under the Mylapore SRO.

What is the stamp duty rate for properties in this area?

The stamp duty rate for properties in Boat Club Road 3rd Avenue is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Boat Club Road 3rd Avenue?

The Sub Registrar Office for Boat Club Road 3rd Avenue is located at No:5/9, Kavingar Bharathidasan Salai, Seethamalcolony, Crescent Street Alwarpet, Chennai -600018.