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Guideline Value

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Guideline Value for Boo Begum (Begum Sahib) 2nd Lane

₹6600/sq.ft.

The guideline value for Boo Begum (begum Sahib) 2nd 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) 2nd Lane

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Boo Begum (Begum Sahib) 2nd Lane guideline value

The current guideline value for Boo Begum (Begum Sahib) 2nd Lane 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) 2nd Lane has changed

The guideline value for Boo Begum (Begum Sahib) 2nd Lane has undergone several revisions over the years. The earliest available figure is from 2012, when the value was Rs 6,000 per sq.ft. This was followed by a decrease to Rs 4,020 per sq.ft in 2017. The value then increased to Rs 6,000 per sq.ft in 2023, and finally, it rose to Rs 6,600 per sq.ft in 2024, marking a 10% increase from the previous year.

From 2012 to 2017, there was a decline of 33%, but the value saw a significant increase of 49% from 2017 to 2023. Overall, from 2012 to 2024, the guideline value 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 matches the current value for Boo Begum (Begum Sahib) 2nd Lane.

Stamp duty and registration fee for property in Boo Begum (Begum Sahib) 2nd Lane

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, bringing the total fees to Rs 5,94,000. 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 detailed calculations.

Which Sub Registrar Office covers Boo Begum (Begum Sahib) 2nd Lane?

The Sub Registrar Office that covers Boo Begum (Begum Sahib) 2nd Lane is the Triplicane Sub Registrar Office, located at No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai-600014. You can find your SRO for more information.

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 is used to determine the stamp duty and registration fees applicable when buying or selling property. Buyers and sellers must consider this value to ensure compliance with local regulations.

When a property is sold, the guideline value serves as a benchmark for calculating the necessary fees. The fees are based on the higher of the guideline value or the actual sale price, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Boo Begum (Begum Sahib) 2nd Lane?

The current guideline value for Boo Begum (Begum Sahib) 2nd Lane 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, then to Rs 6,000 per sq.ft in 2023, and finally to Rs 6,600 per sq.ft in 2024.

What are the stamp duty and registration fees for property in this lane?

For a 1,000 sq.ft property, the total guideline value is 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.

Which Sub Registrar Office covers Boo Begum (Begum Sahib) 2nd Lane?

The Triplicane Sub Registrar Office covers Boo Begum (Begum Sahib) 2nd Lane, located at No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai-600014.

What is the land classification for Boo Begum (Begum Sahib) 2nd Lane?

The land classification for Boo Begum (Begum Sahib) 2nd Lane is Residential Class I Type - I.