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Guideline Value for Boo Begum Sahib 3rd Street, Lane @ Boo Begum 2nd Street(Begum Sahib)

₹6600/sq.ft.

The guideline value for Boo Begum Sahib 3rd Street, Lane @ Boo Begum 2nd Street(begum Sahib) 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 Sahib 3rd Street, Lane @ Boo Begum 2nd Street(begum Sahib)

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Boo Begum Sahib 3rd Street, Lane @ Boo Begum 2nd Street(Begum Sahib) guideline value

The current guideline value for Boo Begum Sahib 3rd Street, Lane @ Boo Begum 2nd Street(Begum Sahib) is Rs 6,600 per sq.ft. This property is located in Triplicane village, under the Triplicane SRO, and falls under the Residential Class I Type - I land classification.

How the guideline value of Boo Begum Sahib 3rd Street, Lane @ Boo Begum 2nd Street(Begum Sahib) has changed

The guideline value for this street has seen several revisions over the years. The most recent revision, effective from 1 July 2024, has set the value at Rs 6,600 per sq.ft, an increase from Rs 6,000 per sq.ft in the 2023 revision, marking a change of +10%. Prior to that, the 2017 revision recorded a value of Rs 4,020 per sq.ft, which means there was a significant increase of +49% from 2017 to 2023. The 2012 revision also had a value of Rs 6,000 per sq.ft, indicating a decrease of -33% from 2012 to 2017.

Overall, from the 2012 revision to the current 2024 revision, the guideline value has increased by +10%. It is important to note that there are no figures available for this street in the revisions of 2002, 2003, and 2007.

Guideline values in Triplicane

In Triplicane, there are a total of 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 value for these streets is Rs 6,600 per sq.ft, which is equal to the current guideline value for Boo Begum Sahib 3rd Street.

Stamp duty and registration fee for property in Boo Begum Sahib 3rd Street, Lane @ Boo Begum 2nd Street(Begum Sahib)

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, bringing the total to 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 Sahib 3rd Street, Lane @ Boo Begum 2nd Street(Begum Sahib)?

The Sub Registrar Office that covers Boo 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 more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Triplicane. It is used to determine the stamp duty and registration fees that need to be paid when a property is bought or sold.

When a property is registered, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Boo Begum Sahib 3rd Street?

The current guideline value for Boo Begum Sahib 3rd Street, Lane @ Boo Begum 2nd Street(Begum Sahib) is Rs 6,600 per sq.ft, effective from 1 July 2024.

How often does the guideline value get revised?

The guideline value is revised periodically, with the latest revision occurring in 2024. Previous revisions took place in 2023, 2017, and 2012, among others.

What are the stamp duty rates in Triplicane?

The stamp duty rate for property transactions in Triplicane is 7%, and the registration fee is 2% of the guideline value or sale price, whichever is higher.

Where can I find my Sub Registrar Office?

You can find your Sub Registrar Office by visiting the Triplicane Sub Registrar Office located at No.182 Bharati Salai (Pycrafts Road), Royapettah, Chennai-600014, or by using the online resource provided.

What land classification does Boo Begum Sahib 3rd Street fall under?

Boo Begum Sahib 3rd Street falls under the Residential Class I Type - I land classification, which is a designation for residential properties in the area.