Guideline Value

Corporate

Guideline Value for DR. SARADHA SUBRAMANIAM NAGAR

₹1800/sq.ft.

The guideline value for Dr. Saradha Subramaniam Nagar in Selaiyur village (Selaiyur SRO, Chengalpattu zone) is Rs 1800 per sq.ft, effective 1 July 2024. It was Rs 1700 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Selaiyur

Village

Selaiyur

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹1800 /sq.ft.
From 1-4-2023 ₹1700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1139 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1700 /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 Dr. Saradha Subramaniam Nagar

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Dr. Saradha Subramaniam Nagar guideline value

The current guideline value of Dr. Saradha Subramaniam Nagar is Rs 1,800 per sq.ft, effective from 1 July 2024. This street is located in Selaiyur village under the Selaiyur SRO, classified as Residential Class II Type - I.

How the guideline value of Dr. Saradha Subramaniam Nagar has changed

The guideline value for Dr. Saradha Subramaniam Nagar has seen several revisions over the years. The 2012 revision set the value at Rs 1,700 per sq.ft, which was then reduced to Rs 1,139 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 1,700 per sq.ft, and the most recent 2024 revision raised it to Rs 1,800 per sq.ft, reflecting a 6% increase from the previous year. The register has no figures for the years 2002, 2003, and 2007 for this street.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 6%. The significant changes include a 49% increase from 2017 to 2023, and a decrease of 33% from 2012 to 2017.

Guideline values in Selaiyur

In Selaiyur, there are 478 streets under the Selaiyur SRO that carry a 2024 guideline value ranging from Rs 850 to Rs 6,500 per sq.ft, with a median value of Rs 2,200 per sq.ft. Dr. Saradha Subramaniam Nagar's 2024 guideline value is below this median.

Stamp duty and registration fee for property in Dr. Saradha Subramaniam Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,800 per sq.ft, the total guideline value would be Rs 18,00,000. The stamp duty at 7% would amount to Rs 1,26,000, and the registration fee at 2% would be Rs 36,000, bringing the total to Rs 1,62,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Dr. Saradha Subramaniam Nagar?

The Sub Registrar Office that covers Dr. Saradha Subramaniam Nagar 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 Selaiyur

When buying or selling property in Selaiyur, the guideline value plays a crucial role in determining the stamp duty and registration fees. Buyers and sellers must consider the guideline value as it is used to calculate these costs, ensuring that the transaction is in compliance with local regulations.

The guideline value is established by the Registration Department and is periodically revised. It serves as a benchmark for property transactions, helping to standardize the assessment of property values within the region.

Frequently asked questions

What is the current guideline value of Dr. Saradha Subramaniam Nagar?

The current guideline value of Dr. Saradha Subramaniam Nagar is Rs 1,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,700 per sq.ft in 2012 to Rs 1,139 per sq.ft in 2017, then back to Rs 1,700 per sq.ft in 2023, and finally to Rs 1,800 per sq.ft in 2024.

What is the land classification for Dr. Saradha Subramaniam Nagar?

Dr. Saradha Subramaniam Nagar is classified as Residential Class II Type - I.

What is the median guideline value in Selaiyur?

The median guideline value in Selaiyur is Rs 2,200 per sq.ft for the year 2024.

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.