Guideline Value for CHANDRAYOGI SAMADHI 4TH STREET

Chandrayogi Samadhi 4th Street guideline value

The current guideline value of Chandrayogi Samadhi 4th Street is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in Perambur village under the Purasaivakkam SRO, classified as Residential Class IV Type - I.

How the guideline value of Chandrayogi Samadhi 4th Street has changed

The guideline value for Chandrayogi Samadhi 4th Street has undergone several revisions over the years. In the 2007 revision, the value was set at Rs 600 per sq.ft, which increased significantly to Rs 2,000 per sq.ft in the 2012 revision, marking a rise of 233%. However, in the 2017 revision, the value decreased to Rs 1,340 per sq.ft, a drop of 33%. The guideline value then rose to Rs 2,000 per sq.ft in the 2023 revision, and most recently, it has increased to Rs 2,200 per sq.ft in the 2024 revision, reflecting a 10% increase.

Overall, from the 2007 revision to the current 2024 value, there has been a substantial increase of 267%. It is important to note that the register does not have figures for the years 2002 and 2003 for this street.

Guideline values in Perambur

In Perambur, there are 1,114 streets under the Purasaivakkam SRO that carry a 2024 guideline value, ranging from Rs 1,600 to Rs 7,100 per sq.ft. The median guideline value for these streets is Rs 2,700 per sq.ft, placing Chandrayogi Samadhi 4th Street's current value below this median.

• Chandrayogi Samadhi 3rd Street: Rs 2,200 per sq.ft (2024)
• Chandrayogi Samadhi 5th Street: Rs 2,200 per sq.ft (2024)
• Chandrayogi Samadhi 2nd Street: Rs 2,200 per sq.ft (2024)
• Chandrayogi Samadhi 6th Street: Rs 2,200 per sq.ft (2024)
• Chandrayogi Samadhi 1st Street: Rs 2,200 per sq.ft (2024)
• Chandrayogi Samadhi 7th Street: Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in Chandrayogi Samadhi 4th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value would be Rs 22,00,000. The stamp duty at 7% would amount to Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, bringing the total cost for these fees to Rs 1,98,000. 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 details.

Which Sub Registrar Office covers Chandrayogi Samadhi 4th Street?

The Sub Registrar Office that covers Chandrayogi Samadhi 4th Street is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. You can find your SRO for more information.

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

The guideline value is a critical factor in the registration process of property transactions in Perambur. It serves as a benchmark for determining the minimum price at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When buying or selling property, the guideline value helps both parties understand the legal valuation of the property. It is essential for buyers to be aware of the guideline value to avoid discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Chandrayogi Samadhi 4th Street?

The current guideline value of Chandrayogi Samadhi 4th Street is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2007 to Rs 2,200 per sq.ft in 2024, reflecting an overall increase of 267% over the years.

What is the stamp duty for property in Chandrayogi Samadhi 4th Street?

The stamp duty for property in Chandrayogi Samadhi 4th Street is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office for Chandrayogi Samadhi 4th Street is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.

What is the median guideline value in Perambur?

The median guideline value for streets in Perambur under the Purasaivakkam SRO is Rs 2,700 per sq.ft, which is higher than the current value of Chandrayogi Samadhi 4th Street.