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Guideline Value

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Guideline Value for Boo Begum (Begum Sahib) 1st Lane

₹6600/sq.ft.

The guideline value for Boo Begum (begum Sahib) 1st Lane in Triplicane village (Triplicane 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 Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Triplicane

Village

Triplicane

SRO

Residential Class I Type - I
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 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.182 Bharati Salai(pycrafts Road) Royapettah, Chennai-600014
044-28611761
[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 Boo Begum (begum Sahib) 1st Lane

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Boo Begum (Begum Sahib) 1st Lane guideline value

The current guideline value of Boo Begum (Begum Sahib) 1st Lane is Rs 6,600 per sq.ft. This lane is located in Triplicane village and falls under the Triplicane SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Boo Begum (Begum Sahib) 1st Lane has changed

Since the 2012 revision, the guideline value for Boo Begum (Begum Sahib) 1st Lane has undergone several changes. The 2012 revision set the value at Rs 6,000 per sq.ft, which then decreased to Rs 4,020 per sq.ft in 2017. In 2023, the value rose to Rs 6,000 per sq.ft, and as of the 2024 revision, it stands at Rs 6,600 per sq.ft. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

The changes between the revisions are significant. From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, there was a notable increase of 49%. The latest revision from 2023 to 2024 shows an increase of 10%. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Triplicane

In Triplicane, there are 415 streets under the Triplicane SRO carrying a 2024 guideline value ranging from Rs 2,700 to Rs 20,900 per sq.ft. The median guideline value is Rs 6,600 per sq.ft, which is equal to the current value of Boo Begum (Begum Sahib) 1st Lane.

Stamp duty and registration fee for property in Boo Begum (Begum Sahib) 1st Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 6,600 per sq.ft, the total guideline value amounts to Rs 66,00,000. The stamp duty at 7% would be Rs 4,62,000, and the registration fee at 2% would be Rs 1,32,000, resulting in a total of 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 use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Boo Begum (Begum Sahib) 1st Lane?

The Boo Begum (Begum Sahib) 1st Lane is covered by the Triplicane Sub Registrar Office, located at No.182 Bharati Salai (Pycrafts Road), Royapettah, Chennai-600014. To locate your specific SRO, you can find your SRO.

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

The guideline value is a critical factor when registering property transactions in Triplicane. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the state receives appropriate revenue from property transactions.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees. Buyers should be aware that these fees are based on the guideline value or the sale price, whichever is higher, ensuring that the transaction is properly documented and taxed.

Frequently asked questions

What is the current guideline value of Boo Begum (Begum Sahib) 1st Lane?

The current guideline value of Boo Begum (Begum Sahib) 1st Lane is Rs 6,600 per sq.ft as per the 2024 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 6,000 per sq.ft in 2012 to Rs 4,020 per sq.ft in 2017, then back to Rs 6,000 per sq.ft in 2023, and finally to Rs 6,600 per sq.ft in 2024.

What is the land classification for Boo Begum (Begum Sahib) 1st Lane?

The land classification for Boo Begum (Begum Sahib) 1st Lane is Residential Class I Type - I.

Which office handles the registration for properties in this lane?

The Triplicane Sub Registrar Office handles the registration for properties in Boo Begum (Begum Sahib) 1st Lane, located at No.182 Bharati Salai (Pycrafts Road), Royapettah, Chennai-600014.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, for a property with a guideline value of Rs 66,00,000, the stamp duty would be Rs 4,62,000 and the registration fee would be Rs 1,32,000.