Guideline Value for Dr.Santhosam Salai

Dr.Santhosam Salai guideline value

The current guideline value of Dr.Santhosam Salai is Rs 8,300 per sq.ft, effective from 1 July 2024. This street is located in Egmore village under the Periamet SRO, classified as Residential Class I Type - III.

How the guideline value of Dr.Santhosam Salai has changed

The guideline value register for Dr.Santhosam Salai shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision in 2024 set the guideline value at Rs 8,300 per sq.ft.

There have been no changes between the revisions listed above, with the only available figure being from the 2024 revision.

Guideline values in Egmore

In Egmore, there are 465 streets under the Periamet SRO, with guideline values ranging from Rs 2,800 to Rs 22,000 per sq.ft. The median guideline value for these streets is Rs 7,100 per sq.ft, placing Dr.Santhosam Salai's 2024 figure above this median.

• Dr.Santhosam Nagar: Rs 2,800 per sq.ft (2024)
• Dr.Sukkur Street: Rs 3,900 per sq.ft (2024)
• Dr. T.V.Naidu Street: Rs 13,400 per sq.ft (2024)
• Dr.Natesa MudaliStreet: Rs 2,800 per sq.ft (2024)
• Dr.NairSalai: Rs 13,400 per sq.ft (2024)
• Dr.Muniyappa Road: Rs 13,400 per sq.ft (2024)

Stamp duty and registration fee for property in Dr.Santhosam Salai

For a 1,000 sq.ft plot at the current guideline value, the total guideline value would be Rs 83,00,000. The stamp duty at 7% would be Rs 5,81,000, and the registration fee at 2% would be Rs 1,66,000, bringing the total cost to Rs 7,47,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Dr.Santhosam Salai?

The Sub Registrar Office covering Dr.Santhosam Salai is the Periamet Sub Registrar Office, located at 1103, Poonamallee High Road, Chennai-600 003. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role during property transactions in Egmore. It is used to calculate the stamp duty and registration fees that are applicable when a property is bought or sold.

When registering a property, the buyer must pay the stamp duty based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Dr.Santhosam Salai?

The current guideline value of Dr.Santhosam Salai is Rs 8,300 per sq.ft, effective from 1 July 2024.

What is the land classification for Dr.Santhosam Salai?

Dr.Santhosam Salai is classified as Residential Class I Type - III under the Periamet SRO.

What are the guideline values for other streets in Egmore?

Other streets in Egmore have varying guideline values, ranging from Rs 2,800 to Rs 22,000 per sq.ft. Streets like Dr.Santhosam Nagar and Dr.Natesa MudaliStreet are at Rs 2,800 per sq.ft, while Dr. T.V.Naidu Street, Dr.NairSalai, and Dr.Muniyappa Road are at Rs 13,400 per sq.ft.

How is stamp duty calculated for properties in Dr.Santhosam Salai?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a property with a guideline value of Rs 83,00,000 would incur a stamp duty of Rs 5,81,000.

Where can I find the Sub Registrar Office for Dr.Santhosam Salai?

The Sub Registrar Office for Dr.Santhosam Salai is the Periamet Sub Registrar Office, located at 1103, Poonamallee High Road, Chennai-600 003. You can also find your SRO through the provided link.