Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Barani Colony - Thiivakar Street

₹6600/sq.ft.

The guideline value for Barani Colony - Thiivakar Street in Saligramam village (Virugambakkam SRO, Chennai zone) is Rs 6600 per sq.ft, effective 1 July 2024. It was Rs 6000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Saligramam

Village

Virugambakkam

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹6600 /sq.ft.
From 1-4-2023 ₹6000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹4020 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹6000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2100 /sq.ft.
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. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037
044-23641794
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Barani Colony - Thiivakar 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

Barani Colony - Thiivakar Street guideline value

The current guideline value of Barani Colony - Thiivakar Street is Rs 6,600 per sq.ft, effective from 1 July 2024. This street is located in Saligramam village and falls under the Virugambakkam SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of Barani Colony - Thiivakar Street has changed

In the 2007 revision, the guideline value was Rs 2,100 per sq.ft. This increased significantly to Rs 6,000 per sq.ft in the 2012 revision, marking an increase of 186%. However, in the 2017 revision, the value dropped to Rs 4,020 per sq.ft, reflecting a decrease of 33%. The value then rose to Rs 6,000 per sq.ft in 2023, which was a 49% increase from the previous revision. Currently, the 2024 revision shows the guideline value at Rs 6,600 per sq.ft, representing a 10% increase from 2023.

There are no figures available for the revisions in 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 214%.

Guideline values in Saligramam

In Saligramam, there are 333 streets under the Virugambakkam SRO that carry a 2024 guideline value ranging from Rs 2,750 to Rs 13,200 per sq.ft. The median guideline value for these streets is Rs 4,400 per sq.ft, placing Barani Colony - Thiivakar Street's 2024 value above the median.

Stamp duty and registration fee for property in Barani Colony - Thiivakar Street

For a 1,000 sq.ft plot at the current guideline value of Rs 6,600 per sq.ft, the total guideline value would be Rs 66,00,000. The stamp duty at 7% would amount to Rs 4,62,000, while the registration fee at 2% would be Rs 1,32,000. Together, the total cost for these fees would be Rs 5,94,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Barani Colony - Thiivakar Street?

The Sub Registrar Office that covers Barani Colony - Thiivakar Street is the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037. You can find your SRO for more details.

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

The guideline value is a crucial factor when registering property transactions in Saligramam. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue from stamp duty and registration fees.

When buying or selling property, the guideline value helps both buyers and sellers understand the official valuation of the property. This value is used to calculate the applicable stamp duty and registration fees, which are mandatory for completing the transaction.

Frequently asked questions

What is the current guideline value of Barani Colony - Thiivakar Street?

The current guideline value of Barani Colony - Thiivakar Street is Rs 6,600 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2007, the guideline value has increased from Rs 2,100 per sq.ft to Rs 6,600 per sq.ft in 2024, marking an overall increase of 214%.

What are the other streets with the same guideline value in Saligramam?

Other streets in Saligramam with the same guideline value of Rs 6,600 per sq.ft for 2024 include Barani Colony - Surya street, Barani Colony - Kannammal Street, Barani Colony - Arcot Road, Banumathi Ramakrishna Street, and Bangaru Street.

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

For a property valued at Rs 66,00,000, the stamp duty would be Rs 4,62,000, and the registration fee would be Rs 1,32,000, totaling Rs 5,94,000.

Where can I find my Sub Registrar Office?

The Virugambakkam Sub Registrar Office covers Barani Colony - Thiivakar Street and is located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037. You can find more information by visiting the relevant link.