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Guideline Value

Corporate

Guideline Value for Chinna Kulanthai 6th Cross Street

₹2700/sq.ft.

The guideline value for Chinna Kulanthai 6th Cross Street in Sembiam village (Sembiam SRO, Chennai zone) is Rs 2700 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Sembiam

Village

Sembiam

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2700 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹800 /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)

5, Papermills Road, Sembiam, Chennai - 600011.
044-26702002
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Chinna Kulanthai 6th Cross Street

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Chinna Kulanthai 6th Cross Street guideline value

The current guideline value of Chinna Kulanthai 6th Cross Street is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Sembiam village and falls under the Sembiam SRO, classified as Residential Class I Type - I.

How the guideline value of Chinna Kulanthai 6th Cross Street has changed

The guideline value for Chinna Kulanthai 6th Cross Street has seen several revisions over the years. In 2007, the value was Rs 800 per sq.ft, which increased significantly to Rs 2,500 per sq.ft in 2012. However, it then decreased to Rs 1,675 per sq.ft in 2017. The value rose again to Rs 2,500 per sq.ft in 2023, and the most recent revision in 2024 set the value at Rs 2,700 per sq.ft. The register has no figures for the years 2002 and 2003.

From 2017 to 2023, there was a notable increase of 49%, followed by an 8% rise from 2023 to 2024. The overall change from 2007 to 2024 is a substantial increase of 238%. The fluctuations in values reflect the changes in the real estate landscape in the area.

Guideline values in Sembiam

Sembiam has a total of 250 streets under the Sembiam SRO, with guideline values ranging from Rs 1,700 to Rs 7,100 per sq.ft as of 2024. The median guideline value is Rs 2,700 per sq.ft, placing Chinna Kulanthai 6th Cross Street at this median value.

Stamp duty and registration fee for property in Chinna Kulanthai 6th Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value amounts to Rs 27,00,000. The stamp duty at 7% would be Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, resulting in a total of Rs 2,43,000. Note that the duty is charged on the higher of the guideline value and the sale price. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Chinna Kulanthai 6th Cross Street?

The Sub Registrar Office that covers Chinna Kulanthai 6th Cross Street is the Sembiam Sub Registrar Office, located at 5, Papermills Road, Sembiam, Chennai - 600011. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of properties in Sembiam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is sold or purchased.

When a buyer or seller approaches the Sembiam SRO for registration, the guideline value is used to calculate the applicable fees. This ensures that the transaction is recorded accurately and reflects the value of the property being transferred.

Frequently asked questions

What is the current guideline value of Chinna Kulanthai 6th Cross Street?

The current guideline value of Chinna Kulanthai 6th Cross Street is Rs 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 800 per sq.ft in 2007 to Rs 2,700 per sq.ft in 2024, marking an overall increase of 238% over the years.

What are the stamp duty and registration fees for properties here?

For a property valued at Rs 27,00,000, the stamp duty would be Rs 1,89,000, and the registration fee would be Rs 54,000, totaling Rs 2,43,000.

Which office handles property registrations for this street?

The Sembiam Sub Registrar Office at 5, Papermills Road, Sembiam, Chennai - 600011, is responsible for property registrations in Chinna Kulanthai 6th Cross Street.

What is the classification of land in Chinna Kulanthai 6th Cross Street?

The land classification for Chinna Kulanthai 6th Cross Street is Residential Class I Type - I.