Guideline Value for Burma Colony 4th Street
₹850/sq.ft.
The guideline value for Burma Colony 4th Street in Chembakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 850 per sq.ft, effective 1 July 2024. It was Rs 800 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class Iv Type - Ii. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Chembakkam
Village
Selaiyur
SRO
Residential Class IV Type - II
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹850 /sq.ft. |
| From 1-4-2023 | ₹800 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹469 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹700 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹250 /sq.ft. |
| 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.36,bharathmatha Salai(opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur,chennai - 600 073.
044-22391102
[email protected]
DRO (District Registrar Office)
Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]
Records for a plot on Burma Colony 4th 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
- Selaiyur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Burma Colony 4th Street guideline value
The current guideline value of Burma Colony 4th Street is Rs 850 per sq.ft, effective from 1 July 2024. This street is located in Chembakkam village under the Selaiyur SRO and is classified as Residential Class IV Type - II.
How the guideline value of Burma Colony 4th Street has changed
The guideline value for Burma Colony 4th Street has seen several revisions over the years. In 2007, the value was Rs 250 per sq.ft, which increased significantly to Rs 700 per sq.ft in 2012. However, it decreased to Rs 469 per sq.ft in 2017. The value then rose to Rs 800 per sq.ft in 2023, and currently stands at Rs 850 per sq.ft as of the 2024 revision. Notably, there are no figures available for the years 2002 and 2003 in the register for this street.
From 2017 to 2023, the value increased by 71%, while from 2012 to 2017, it decreased by 33%. The jump from 2007 to 2012 was a remarkable 180%. Overall, from 2007 to 2024, the guideline value has increased by 240%.
Guideline values in Chembakkam
In Chembakkam, there are 472 streets under the Selaiyur SRO that carry a 2024 guideline value ranging from Rs 850 to Rs 6,700 per sq.ft, with a median of Rs 2,200 per sq.ft. Burma Colony 4th Street's 2024 figure is below this median.
- Burma Colony 3rd Street: Rs 850 per sq.ft (2024)
- Burma Colony 5th Street: Rs 850 per sq.ft (2024)
- Burma Colony 6th Street: Rs 850 per sq.ft (2024)
- Burma Colony Main Road: Rs 850 per sq.ft (2024)
- Burma Colony 2nd Street: Rs 850 per sq.ft (2024)
- Burma Colony 1st Street: Rs 850 per sq.ft (2024)
Stamp duty and registration fee for property in Burma Colony 4th Street
For a 1,000 sq.ft plot at the current guideline value of Rs 850 per sq.ft, the total guideline value would be Rs 8,50,000. The stamp duty at 7% would be Rs 59,500, and the registration fee at 2% would be Rs 17,000, bringing the total fees to Rs 76,500. Please note that the duty is charged on the higher of the guideline value or the sale price.
You can also use the stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers Burma Colony 4th Street?
The Sub Registrar Office that covers Burma Colony 4th Street is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Chembakkam
The guideline value is a crucial factor during the registration of property transactions in Chembakkam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the state receives appropriate revenue through stamp duty and registration fees.
When buying or selling property, the guideline value helps both parties understand the value of the property being transacted. It is essential for buyers to be aware of this value to avoid overpaying for a property and to ensure compliance with local regulations during registration.
Frequently asked questions
What is the current guideline value of Burma Colony 4th Street?
The current guideline value of Burma Colony 4th Street is Rs 850 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 250 per sq.ft in 2007 to Rs 850 per sq.ft in 2024, reflecting an overall increase of 240% over the years.
What is the median guideline value in Chembakkam?
The median guideline value in Chembakkam is Rs 2,200 per sq.ft, while Burma Colony 4th Street's value is below this median.
What are the stamp duty and registration fees for property transactions?
The stamp duty is charged at 7% and the registration fee at 2% of the guideline value or sale price, whichever is higher.
Where is the Sub Registrar Office for Burma Colony 4th Street located?
The Sub Registrar Office for Burma Colony 4th Street is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073.
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