Guideline Value for Chitlapakkam Main Road
₹1900/sq.ft.
The guideline value for Chitlapakkam Main Road in Rajakilpakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 1900 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Rajakilpakkam
Village
Selaiyur
SRO
Residential Class I Type - II
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1900 /sq.ft. |
| From 1-4-2023 | ₹1800 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹1206 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹1800 /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]
Records for a plot on Chitlapakkam Main Road
- 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
- Selaiyur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Chitlapakkam Main Road guideline value
The current guideline value of Chitlapakkam Main Road is Rs 1,900 per sq.ft, effective from 1 July 2024. This road is located in Rajakilpakkam village and falls under the Selaiyur SRO. The land classification for this area is Residential Class I Type - II.
How the guideline value of Chitlapakkam Main Road has changed
The guideline value for Chitlapakkam Main Road has seen several revisions over the years. The 2012 revision set the value at Rs 1,800 per sq.ft. This figure changed to Rs 1,206 per sq.ft in the 2017 revision, marking a decrease of 33%. However, the value significantly increased to Rs 1,800 per sq.ft in the 2023 revision and then rose again to Rs 1,900 per sq.ft in the 2024 revision, reflecting a 6% increase.
Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 6%. The revisions for the years 2002, 2003, and 2007 do not have any figures recorded for Chitlapakkam Main Road.
Guideline values in Rajakilpakkam
In Rajakilpakkam, there are 384 streets under the Selaiyur SRO that carry a 2024 guideline value, ranging from Rs 850 to Rs 5,000 per sq.ft. The median guideline value in this area is Rs 2,150 per sq.ft, placing Chitlapakkam Main Road's 2024 value below that median.
- Church Street: Rs 1,600 per sq.ft (2024)
- Chimaya Colony Cross Street: Rs 2,150 per sq.ft (2024)
- Chimaya Colony: Rs 2,150 per sq.ft (2024)
- Chilappathigaram Street: Rs 850 per sq.ft (2024)
- Chelli Nagar Main Road: Rs 3,750 per sq.ft (2024)
- Chelli Nagar Kambar Street: Rs 3,750 per sq.ft (2024)
Stamp duty and registration fee for property in Chitlapakkam Main Road
For a 1,000 sq.ft plot at the current guideline value of Rs 1,900 per sq.ft, the total guideline value would be Rs 19,00,000. The stamp duty at 7% would amount to Rs 1,33,000, and the registration fee at 2% would be Rs 38,000, bringing the total to Rs 1,71,000. 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 details.
Which Sub Registrar Office covers Chitlapakkam Main Road?
The Sub Registrar Office covering Chitlapakkam Main Road is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Rajakilpakkam
The guideline value is a crucial factor in property transactions in Rajakilpakkam, as it determines the minimum value at which a property can be registered. When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees, ensuring that the transaction is recorded accurately with the government.
It is essential for buyers and sellers to be aware of the current guideline value, as it affects the overall cost of the transaction. Understanding the guideline value helps in making informed decisions during property dealings in the area.
Frequently asked questions
What is the current guideline value of Chitlapakkam Main Road?
The current guideline value of Chitlapakkam Main Road is Rs 1,900 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 1,800 per sq.ft in 2012 to Rs 1,206 per sq.ft in 2017, then to Rs 1,800 per sq.ft in 2023, and finally to Rs 1,900 per sq.ft in 2024.
What is the median guideline value in Rajakilpakkam?
The median guideline value in Rajakilpakkam is Rs 2,150 per sq.ft, which is higher than the current value of Chitlapakkam Main Road.
What are the stamp duty rates for property in Chitlapakkam Main Road?
The stamp duty for property in Chitlapakkam Main Road is charged at 7% of the guideline value or sale price, whichever is higher.
Where is the Selaiyur Sub Registrar Office located?
The Selaiyur Sub Registrar Office is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073.
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