Guideline Value

Corporate

Guideline Value for CRYSHER ROAD 2ND LANE

₹2100/sq.ft.

The guideline value for Crysher Road 2nd 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 Crysher Road 2nd Lane

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Crysher Road 2nd Lane guideline value

The current guideline value of Crysher Road 2nd Lane is Rs 2,100 per sq.ft, effective from 1 July 2024. This street is located in Arasankalani village, under the Selaiyur SRO, and falls under the Residential Class I Type - I land classification.

How the guideline value of Crysher Road 2nd Lane has changed

The guideline value for Crysher Road 2nd Lane has undergone several revisions over the years. The 2012 revision recorded a guideline value of Rs 2,000 per sq.ft, which was then reduced to Rs 1,340 per sq.ft in the 2017 revision, marking a decrease of 33%. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value back up to Rs 2,000 per sq.ft. The most recent revision in 2024 set the guideline value at Rs 2,100 per sq.ft, reflecting a 5% increase from the previous year.

It is important to note that there are no recorded figures for Crysher Road 2nd Lane in the revisions of 2002, 2003, and 2007. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 5%.

Guideline values in Arasankalani

In Arasankalani village, there are 85 streets under the Selaiyur SRO with a 2024 guideline value ranging from Rs 1,300 to Rs 4,750 per sq.ft. The median guideline value is Rs 2,100 per sq.ft, which is the same as the current value for Crysher Road 2nd Lane.

Stamp duty and registration fee for property in Crysher Road 2nd 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 cost for these fees to Rs 1,89,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Crysher Road 2nd Lane?

The Sub Registrar Office that covers Crysher Road 2nd Lane 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 Arasankalani

The guideline value is a crucial factor in the registration process when buying or selling property in Arasankalani. It determines the minimum value for which a property can be registered, ensuring that the government receives appropriate revenue from property transactions.

When a property is sold, the buyer must pay stamp duty and registration fees based on the higher of the guideline value or the sale price. This ensures that the transaction is officially recorded and that the necessary taxes are collected by the government.

Frequently asked questions

What is the current guideline value of Crysher Road 2nd Lane?

The current guideline value of Crysher Road 2nd 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 back 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 Crysher Road 2nd Lane?

Crysher Road 2nd Lane is classified as Residential Class I Type - I, which indicates its suitability for residential purposes.

Where can I find the registration office for Crysher Road 2nd Lane?

The registration office for Crysher Road 2nd Lane is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai, East Tambaram, Chennai - 600 073.

How is the stamp duty calculated for properties in Arasankalani?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, there is a registration fee of 2% based on the same criteria.