Guideline Value for Duraisamy Street
₹1100/sq.ft.
The guideline value for Duraisamy Street in Chinna Sembaram Bakkam village (Sembiam SRO, Chennai zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.
Last updated:
Chennai
Zone
Chinna Sembaram Bakkam
Village
Sembiam
SRO
Residential Class III Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1100 /sq.ft. |
| From 1-4-2023 | ₹1000 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹670 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹1000 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹500 /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)
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 Duraisamy Street
- 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
- Sembiam sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Duraisamy Street guideline value
The current guideline value of Duraisamy Street in Chinna Sembaram Bakkam village is Rs 1,100 per sq.ft, effective from 1 July 2024. This street falls under the Sembiam Sub Registrar Office (SRO) and is classified as Residential Class III Type - I.
How the guideline value of Duraisamy Street has changed
The guideline value for Duraisamy Street has seen several revisions over the years. In the 2007 revision, the value was Rs 500 per sq.ft, which increased significantly to Rs 1,000 per sq.ft in the 2012 revision. However, in the 2017 revision, the value decreased to Rs 670 per sq.ft. Following this, the 2023 revision raised the value to Rs 1,000 per sq.ft, and the most recent 2024 revision set it at Rs 1,100 per sq.ft, marking a 10% increase from the previous year.
Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 120%. Notably, there are no figures available for the years 2002 and 2003 for this street in the register.
Guideline values in Chinna Sembaram Bakkam
- Constable Street: Rs 1,600 per sq.ft (2024)
- Constable Road: Rs 2,200 per sq.ft (2024)
- Bhuoshanam Street: Rs 1,100 per sq.ft (2024)
- Bharathamada Street: Rs 1,100 per sq.ft (2024)
- Artisan Shanmugam Road (Shanmunga Mudaliar Street): Rs 1,400 per sq.ft (2024)
- Appadurai Naiken Main Road: Rs 1,600 per sq.ft (2024)
Stamp duty and registration fee for property in Duraisamy Street
For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total cost to Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.
For more details, you can use the stamp duty and registration fee calculator.
Which Sub Registrar Office covers Duraisamy Street?
The Sub Registrar Office that covers Duraisamy 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 Chinna Sembaram Bakkam
The guideline value is a crucial factor in the registration process when buying or selling property in Chinna Sembaram Bakkam. It determines the minimum value at which a property can be registered, ensuring that the transaction is documented at a fair price as per government standards.
When a property is sold, the guideline value is used to calculate the stamp duty and registration fees. Buyers should be aware that the fees are based on the higher of the guideline value or the actual sale price, which can affect the total cost of the transaction.
Frequently asked questions
What is the current guideline value of Duraisamy Street?
The current guideline value of Duraisamy Street is Rs 1,100 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 500 per sq.ft in 2007 to Rs 1,100 per sq.ft in 2024, marking an overall increase of 120% over the years.
What are the other streets in Chinna Sembaram Bakkam?
Other streets in Chinna Sembaram Bakkam include Constable Street, Constable Road, Bhuoshanam Street, Bharathamada Street, Artisan Shanmugam Road, and Appadurai Naiken Main Road, each with their respective guideline values.
How is stamp duty calculated for properties in Duraisamy Street?
Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 11,00,000 would incur a stamp duty of Rs 77,000.
Where is the Sub Registrar Office for Duraisamy Street located?
The Sub Registrar Office for Duraisamy Street is the Sembiam Sub Registrar Office, located at 5, Papermills Road, Sembiam, Chennai - 600011.
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