Guideline Value for Dhanammal Street

₹1900/sq.ft.

The guideline value for Dhanammal Street in Sembiam village (Sembiam SRO, Chennai 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 Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Sembiam

Village

Sembiam

SRO

Residential Class II Type - I
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 ₹700 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹346 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹319 /sq.ft.
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 Dhanammal Street

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Dhanammal Street guideline value

The current guideline value of Dhanammal Street is Rs 1,900 per sq.ft, effective from 1 July 2024. This street is located in Sembiam village under the Sembiam SRO, classified as Residential Class II Type - I.

How the guideline value of Dhanammal Street has changed

The guideline value for Dhanammal Street has undergone several revisions. In 2002, the value was Rs 319 per sq.ft, which increased to Rs 346 per sq.ft in 2003. Following this, the value rose significantly to Rs 700 per sq.ft in 2007, then jumped to Rs 1,800 per sq.ft in 2012. However, it saw a decrease to Rs 1,206 per sq.ft in 2017. The value then increased to Rs 1,800 per sq.ft in 2023, and finally, it reached Rs 1,900 per sq.ft in the 2024 revision.

The changes between revisions are notable. From 2002 to 2003, the increase was +8%. The value surged by +102% from 2003 to 2007, followed by a +157% increase from 2007 to 2012. The value decreased by -33% from 2012 to 2017, then increased by +49% from 2017 to 2023. The latest revision shows an increase of +6% from 2023 to 2024. Overall, from 2002 to 2024, the guideline value has increased by +496%.

Guideline values in Sembiam

In Sembiam, there are 250 streets under the Sembiam SRO that carry a 2024 guideline value ranging from Rs 1,700 to Rs 7,100 per sq.ft, with a median value of Rs 2,700 per sq.ft. Dhanammal Street's 2024 guideline value is below this median.

Stamp duty and registration fee for property in Dhanammal Street

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, totaling Rs 1,71,000. 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 Dhanammal Street?

The Sub Registrar Office that covers Dhanammal 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 plays a crucial role during property registration in Sembiam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from property transactions.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees. Buyers should be aware that these fees are based on the guideline value or the sale price, whichever is higher, making it essential to understand the current rates.

Frequently asked questions

What is the current guideline value of Dhanammal Street?

The current guideline value of Dhanammal Street 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 significantly from Rs 319 per sq.ft in 2002 to Rs 1,900 per sq.ft in 2024, reflecting an overall increase of +496% over this period.

What are the other streets in Sembiam with their guideline values?

Other streets in Sembiam include Dhamotharan Street at Rs 1,900 per sq.ft, and several Dhimmasamy Dharga streets at Rs 1,700 per sq.ft each, as well as Duraisamy Mudali Street at Rs 1,900 per sq.ft.

How are stamp duty and registration fees calculated?

Stamp duty is calculated at 7% of the guideline value or sale price, whichever is higher, while the registration fee is charged at 2% of the same. For example, a 1,000 sq.ft plot at the current guideline value would incur total fees of Rs 1,71,000.

Where can I find the Sembiam Sub Registrar Office?

The Sembiam Sub Registrar Office is located at 5, Papermills Road, Sembiam, Chennai - 600011. You can also find more information through the provided link to locate your SRO.