Guideline Value for CHINNA ERRIKARAI STREET
₹101/sq.ft.
The guideline value for Chinna Errikarai Street in Cheyyur - A village (Cheyyur SRO, Chengalpattu zone) is Rs 101 per sq.ft, effective 1 July 2024. It was Rs 100 per sq.ft from 1 April 2023, a 1% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Cheyyur - A
Village
Cheyyur
SRO
Residential Class IV Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹101 /sq.ft. |
| From 1-4-2023 | ₹100 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹50 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | N/A |
| 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
DRO (District Registrar Office)
No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on Chinna Errikarai 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
- Cheyyur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Chinna Errikarai Street guideline value
The current guideline value of Chinna Errikarai Street is Rs 101 per sq.ft, effective from 1 July 2024. This street is located in the village of Cheyyur, under the Cheyyur SRO, and is classified as Residential Class IV Type - I.
How the guideline value of Chinna Errikarai Street has changed
The guideline value for Chinna Errikarai Street has undergone several revisions over the years. The oldest available revision is from 2017, which set the guideline value at Rs 50 per sq.ft. This value increased significantly to Rs 100 per sq.ft in the 2023 revision. The most recent revision in 2024 has further raised the value to Rs 101 per sq.ft.
Between the revisions, there have been notable changes. From 2017 to 2023, the guideline value increased by 100%, and from 2023 to 2024, it rose by 1%. Overall, from 2017 to 2024, the guideline value has increased by 102%. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.
Guideline values in Cheyyur - A
In the village of Cheyyur - A, there are 64 streets under the Cheyyur SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 500 per sq.ft. The median guideline value for these streets is Rs 101 per sq.ft, which is the same as the value for Chinna Errikarai Street.
- Cheriyamman Koil Street: Rs 101 per sq.ft (2024)
- CHELLIYAMMAN KOVIL 2nd STREET: Rs 101 per sq.ft (2024)
- CHELLIYAMMAN KOVIL 1st STREET: Rs 101 per sq.ft (2024)
- Devarajapuram Salai: Rs 101 per sq.ft (2024)
- Devarajapuram Street: Rs 101 per sq.ft (2024)
- Eswaran Koil Street: Rs 400 per sq.ft (2024)
Stamp duty and registration fee for property in Chinna Errikarai Street
For a 1,000 sq.ft plot at the current guideline value of Rs 101 per sq.ft, the total guideline value would be Rs 1,01,000. The stamp duty at 7% would amount to Rs 7,070, and the registration fee at 2% would be Rs 2,020, making the total cost for these fees Rs 9,090. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for further assistance.
Which Sub Registrar Office covers Chinna Errikarai Street?
The Sub Registrar Office that covers Chinna Errikarai Street is the Cheyyur Sub Registrar Office, located at 3/156, Salt Road, Cheyyur- 603 302, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.
How the guideline value is used when you buy or sell in Cheyyur - A
The guideline value is a crucial factor in the registration process when buying or selling property in Cheyyur - A. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.
When a property is registered, the guideline value is compared to 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 based on the property's assessed value.
Frequently asked questions
What is the current guideline value of Chinna Errikarai Street?
The current guideline value of Chinna Errikarai Street is Rs 101 per sq.ft, effective from 1 July 2024.
How much has the guideline value changed over the years?
The guideline value has changed from Rs 50 per sq.ft in 2017 to Rs 100 per sq.ft in 2023, and now to Rs 101 per sq.ft in 2024. This represents an overall increase of 102% from 2017 to 2024.
Where can I find the Sub Registrar Office for Chinna Errikarai Street?
The Sub Registrar Office for Chinna Errikarai Street is the Cheyyur Sub Registrar Office, located at 3/156, Salt Road, Cheyyur- 603 302, Chengalpattu registration zone.
What are the stamp duty and registration fees for properties in this area?
The stamp duty is charged at 7% on the higher of the guideline value or the sale price, while the registration fee is 2%. For example, a 1,000 sq.ft plot at the current guideline value would incur a total fee of Rs 9,090.
What is the land classification for Chinna Errikarai Street?
Chinna Errikarai Street is classified as Residential Class IV Type - I under the guideline value register.
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