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Guideline Value

Corporate

Guideline Value for CRUSHER ROAD 3RD LANE

₹2100/sq.ft.

The guideline value for Crusher Road 3rd Lane in Arasankalani village (Selaiyur SRO, Chengalpattu zone) is Rs 2100 per sq.ft, effective 1 July 2024. It was Rs 2000 per sq.ft from 1 April 2023, a 5% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Arasankalani

Village

Selaiyur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2100 /sq.ft.
From 1-4-2023 ₹2000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1340 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2000 /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.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]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Crusher Road 3rd Lane

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Crusher Road 3rd Lane guideline value

The current guideline value of Crusher Road 3rd Lane in Arasankalani village is Rs 2,100 per sq.ft, effective from 1 July 2024. This area falls under the Selaiyur SRO and is classified as Residential Class I Type - I.

How the guideline value of Crusher Road 3rd Lane has changed

The guideline value for Crusher Road 3rd Lane has undergone several revisions over the years. In 2012, the value was set at Rs 2,000 per sq.ft. This figure remained until the 2017 revision, which saw a decrease to Rs 1,340 per sq.ft, marking a decline of 33%. The value then increased significantly to Rs 2,000 per sq.ft in 2012, and further rose to Rs 2,000 per sq.ft in 2023, before reaching the current value of Rs 2,100 per sq.ft in 2024, reflecting a 5% increase.

From the 2017 revision to the 2023 revision, the guideline value increased by 49%. Overall, from 2012 to 2024, there has been a net increase of 5%. The revisions for the years 2002, 2003, and 2007 do not have any figures recorded for this street.

Guideline values in Arasankalani

In Arasankalani, there are 85 streets under the Selaiyur SRO that have a 2024 guideline value ranging from Rs 1,300 to Rs 4,750 per sq.ft. The median value for these streets is Rs 2,100 per sq.ft, which is also the guideline value for Crusher Road 3rd Lane.

Stamp duty and registration fee for property in Crusher Road 3rd Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 2,100 per sq.ft, the total guideline value amounts to Rs 21,00,000. The stamp duty at 7% would be Rs 1,47,000, and the registration fee at 2% would be Rs 42,000, bringing the total fees together to Rs 1,89,000. It is important to note that duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Crusher Road 3rd Lane?

The Crusher Road 3rd Lane is covered by the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, within the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor when buying or selling property in Arasankalani. It serves as the basis for calculating the stamp duty and registration fees, which are mandatory during the property registration process.

When a property transaction occurs, the guideline value is compared to the sale price, and the duty is charged on the higher of the two. This ensures that the state revenue is protected, and the transaction is recorded accurately.

Frequently asked questions

What is the current guideline value of Crusher Road 3rd Lane?

The current guideline value of Crusher Road 3rd Lane is Rs 2,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,000 per sq.ft in 2012 to Rs 1,340 per sq.ft in 2017, then increased to Rs 2,000 per sq.ft in 2023, and finally to Rs 2,100 per sq.ft in 2024.

What is the land classification for Crusher Road 3rd Lane?

Crusher Road 3rd Lane is classified as Residential Class I Type - I.

What are the stamp duty and registration fees for property transactions?

The stamp duty is charged at 7% of the guideline value, while the registration fee is 2%. These fees are calculated based on the higher of the guideline value or the sale price.

Where can I find the Sub Registrar Office for Crusher Road 3rd Lane?

The Selaiyur Sub Registrar Office covers Crusher Road 3rd Lane, located at No.36, Bharathmatha Salai, Ruby Mansion, East Tambaram, Chennai - 600 073.