Guideline Value for Boo Begum (Begum Sahib) 1st Street
₹6600/sq.ft.
The guideline value for Boo Begum (begum Sahib) 1st Street 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 Street
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Triplicane sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Boo Begum (Begum Sahib) 1st Street guideline value
The current guideline value of Boo Begum (Begum Sahib) 1st Street is Rs 6,600 per sq.ft, effective from 1 July 2024. This street 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 Street has changed
The guideline value for Boo Begum (Begum Sahib) 1st Street has undergone several revisions over the years. The 2012 revision set the value at Rs 6,000 per sq.ft, which then decreased to Rs 4,020 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 6,000 per sq.ft in the 2023 revision, and finally rose to Rs 6,600 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.
From the 2017 revision to the 2023 revision, there was a notable increase of 49%. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.
Guideline values in Triplicane
In Triplicane, there are 415 streets under the Triplicane SRO that carry 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 Street.
- Boo Begum (Begum Sahib) 1st Lane: Rs 6,600 per sq.ft (2024)
- Boo Begum (Begum Sahib) 2nd Lane: Rs 6,600 per sq.ft (2024)
- Boo Begum (Begum Sahib) 2nd Street: Rs 6,600 per sq.ft (2024)
- Boo Begum (Begum Sahib) 3rd Street: Rs 6,600 per sq.ft (2024)
- Boo Begum Sahib 3rd Street, Lane @ Boo Begum 2nd Street(Begum Sahib): Rs 6,600 per sq.ft (2024)
- Boo Begum Sahib (Begum Sahib) 4th Street: Rs 6,600 per sq.ft (2024)
Stamp duty and registration fee for property in Boo Begum (Begum Sahib) 1st 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, and the registration fee at 2% would be Rs 1,32,000, totaling Rs 5,94,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers Boo Begum (Begum Sahib) 1st Street?
The Boo Begum (Begum Sahib) 1st Street falls under the jurisdiction of the Triplicane Sub Registrar Office, located at No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai-600014. To find your SRO, you can visit find your SRO.
How the guideline value is used when you buy or sell in Triplicane
The guideline value is a crucial factor in the registration of property transactions in Triplicane. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.
When buying or selling property, the guideline value helps in calculating the applicable taxes and fees based on the property's value. It is essential for both buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.
Frequently asked questions
What is the current guideline value of Boo Begum (Begum Sahib) 1st Street?
The current guideline value of Boo Begum (Begum Sahib) 1st Street is Rs 6,600 per sq.ft, effective from 1 July 2024.
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. It then increased 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 Street?
The land classification for Boo Begum (Begum Sahib) 1st Street is Residential Class I Type - I.
Where can I find the Sub Registrar Office for this street?
The Sub Registrar Office covering Boo Begum (Begum Sahib) 1st Street is located at No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai-600014.
How is the stamp duty calculated for properties on this street?
Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For a property valued at Rs 66,00,000, the stamp duty would be Rs 4,62,000.
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