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Guideline Value

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Guideline Value for Boo Begum (Begum Sahib) 3rd Street

₹6600/sq.ft.

The guideline value for Boo Begum (begum Sahib) 3rd 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) 3rd Street

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Boo Begum (Begum Sahib) 3rd Street guideline value

The current guideline value of Boo Begum (Begum Sahib) 3rd Street is Rs 6,600 per sq.ft, effective from 1 July 2024. This street is located in Triplicane village under the Triplicane SRO, and is classified as Residential Class I Type - I.

How the guideline value of Boo Begum (Begum Sahib) 3rd Street has changed

The guideline value for Boo Begum (Begum Sahib) 3rd Street has undergone several revisions over the years. The earliest recorded revision is from 2012, where the value was Rs 6,000 per sq.ft. This figure decreased to Rs 4,020 per sq.ft in 2017, marking a decline of 33%. The value then increased significantly to Rs 6,000 per sq.ft in 2023, and further rose to Rs 6,600 per sq.ft in 2024, reflecting a 10% increase from the previous year.

There are no recorded figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has seen a net increase of 10%.

Guideline values in Triplicane

In Triplicane, there are 415 streets under the Triplicane SRO, with guideline values ranging from Rs 2,700 to Rs 20,900 per sq.ft. The median guideline value is Rs 6,600 per sq.ft, which aligns with the 2024 figure for Boo Begum (Begum Sahib) 3rd Street.

Stamp duty and registration fee for property in Boo Begum (Begum Sahib) 3rd Street

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, making the total fees together 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 information.

Which Sub Registrar Office covers Boo Begum (Begum Sahib) 3rd Street?

The Sub Registrar Office that covers Boo Begum (Begum Sahib) 3rd Street is the Triplicane Sub Registrar Office, located at No.182 Bharati Salai (Pycrafts Road), Royapettah, Chennai-600014. You can find your SRO for further assistance.

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

The guideline value is a crucial factor when buying or selling property in Triplicane. It is used to determine the stamp duty and registration fees that need to be paid during the registration process. Buyers should be aware that the guideline value may differ from the actual sale price, and the higher value will be used for calculating the fees.

When a property transaction occurs, the guideline value ensures that the government receives the appropriate revenue from the sale. It is essential for both buyers and sellers to understand this value to avoid any surprises during the registration process.

Frequently asked questions

What is the current guideline value of Boo Begum (Begum Sahib) 3rd Street?

The current guideline value of Boo Begum (Begum Sahib) 3rd 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, 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 of Boo Begum (Begum Sahib) 3rd Street?

Boo Begum (Begum Sahib) 3rd Street is classified as Residential Class I Type - I.

Where is the Sub Registrar Office for this street located?

The Sub Registrar Office for Boo Begum (Begum Sahib) 3rd Street is located at No.182 Bharati Salai (Pycrafts Road), Royapettah, Chennai-600014.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 66,00,000, the stamp duty would be Rs 4,62,000 at 7%.