Guideline Value for Club Road
₹2200/sq.ft.
The guideline value for Club Road in Selaiyur village (Selaiyur SRO, Chengalpattu zone) is Rs 2200 per sq.ft, effective 1 July 2024. It was Rs 2000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Selaiyur
Village
Selaiyur
SRO
Residential Class I Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹2200 /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 | ₹400 /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)
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 Club 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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Club Road guideline value
The current guideline value of Club Road in Selaiyur village is Rs 2,200 per sq.ft, effective from 1 July 2024. This road falls under the Selaiyur Sub Registrar Office (SRO) and is classified as Residential Class I Type - I.
How the guideline value of Club Road has changed
The guideline value for Club Road has undergone several revisions over the years. In 2007, the guideline value was Rs 400 per sq.ft, which increased significantly to Rs 2,000 per sq.ft in 2012. However, this value decreased by 33% to Rs 1,340 per sq.ft in 2017. The next revision in 2023 saw a substantial increase to Rs 2,000 per sq.ft, followed by another increase to Rs 2,200 per sq.ft in 2024, marking a 10% rise from the previous year.
Notably, the register has no figures for Club Road in the years 2002 and 2003. Overall, from 2007 to 2024, the guideline value has increased by 450%.
Guideline values in Selaiyur
In Selaiyur, there are 478 streets under the Selaiyur SRO that carry a guideline value for 2024, ranging from Rs 850 to Rs 6,500 per sq.ft. The median guideline value is Rs 2,200 per sq.ft, which is equal to the current value for Club Road.
- Chritking School Street: Rs 950 per sq.ft (2024)
- Christudoss Street: Rs 950 per sq.ft (2024)
- Chidambaranar Street: Rs 950 per sq.ft (2024)
- C.S.T Nagar Manimegalai Street Extn: Rs 1,300 per sq.ft (2024)
- C.S.T Santhamma Nagar: Rs 1,300 per sq.ft (2024)
- Defence Colony: Rs 950 per sq.ft (2024)
Stamp duty and registration fee for property in Club Road
For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, bringing the total to Rs 1,98,000. 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 more information.
Which Sub Registrar Office covers Club Road?
The Sub Registrar Office that covers Club 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, in the Chengalpattu registration zone. You can find your SRO for more details.
How the guideline value is used when you buy or sell in Selaiyur
The guideline value is a crucial factor in property transactions, as it determines the minimum value at which a property can be registered. When buying or selling property in Selaiyur, the guideline value is used to calculate the stamp duty and registration fees, ensuring that the transaction is officially recorded.
It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process. This value helps in establishing a fair baseline for property transactions in the area.
Frequently asked questions
What is the current guideline value of Club Road?
The current guideline value of Club Road is Rs 2,200 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 400 per sq.ft in 2007 to Rs 2,200 per sq.ft in 2024, representing a total increase of 450% over this period.
What are the other streets in Selaiyur and their guideline values?
Other streets in Selaiyur include Chritking School Street, Christudoss Street, Chidambaranar Street, C.S.T Nagar Manimegalai Street Extn, C.S.T Santhamma Nagar, and Defence Colony, with values ranging from Rs 950 to Rs 1,300 per sq.ft in 2024.
What is the stamp duty for properties on Club Road?
The stamp duty for properties on Club Road is calculated at 7% of the guideline value. For example, for a property valued at Rs 22,00,000, the stamp duty would be Rs 1,54,000.
Where can I find the Selaiyur Sub Registrar Office?
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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