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Guideline Value

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Guideline Value for E.V.K.Sampath Road (or) Rundalls Road

₹14300/sq.ft.

The guideline value for E.v.k.sampath Road (or) Rundalls Road in Vepery village (Periamet SRO, Chennai zone) is Rs 14300 per sq.ft, effective 1 July 2024. It was Rs 13000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Vepery

Village

Periamet

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹14300 /sq.ft.
From 1-4-2023 ₹13000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹8710 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹13000 /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)

1103, Poonamallee High Road, Chennai-600 003.
044-25612486
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 E.v.k.sampath Road (or) Rundalls Road

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E.V.K.Sampath Road (or) Rundalls Road guideline value

The current guideline value of E.V.K.Sampath Road (or) Rundalls Road is Rs 14,300 per sq.ft, effective from 1 July 2024. This road is located in Vepery village, under the Periamet SRO, and is classified as Residential Special Type - I.

How the guideline value of E.V.K.Sampath Road (or) Rundalls Road has changed

The guideline value for E.V.K.Sampath Road (or) Rundalls Road has seen several revisions over the years. In the 2012 revision, the value was set at Rs 13,000 per sq.ft, which then decreased to Rs 8,710 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 13,000 per sq.ft in the 2023 revision, and finally rose to Rs 14,300 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

From the 2017 revision to the 2023 revision, there was a notable increase of 49%. However, the value saw a decrease of 33% from the 2012 revision to the 2017 revision. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Vepery

In Vepery, there are 290 streets under the Periamet SRO that carry a 2024 guideline value, ranging from Rs 2,200 to Rs 22,000 per sq.ft. The median guideline value for these streets is Rs 4,800 per sq.ft, placing E.V.K.Sampath Road (or) Rundalls Road above this median.

Stamp duty and registration fee for property in E.V.K.Sampath Road (or) Rundalls Road

For a 1,000 sq.ft plot at the current guideline value of Rs 14,300 per sq.ft, the total guideline value amounts to Rs 1,43,00,000. The stamp duty at 7% would be Rs 10,01,000, and the registration fee at 2% would be Rs 2,86,000, bringing the total to Rs 12,87,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers E.V.K.Sampath Road (or) Rundalls Road?

The Sub Registrar Office that covers E.V.K.Sampath Road (or) Rundalls Road is the Periamet Sub Registrar Office, located at 1103, Poonamallee High Road, Chennai-600 003. You can find your SRO for more details.

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

The guideline value is a crucial factor during the registration of property transactions in Vepery. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property.

When registering a property, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of E.V.K.Sampath Road (or) Rundalls Road?

The current guideline value of E.V.K.Sampath Road (or) Rundalls Road is Rs 14,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 13,000 per sq.ft in 2012 to Rs 8,710 per sq.ft in 2017, then increased to Rs 13,000 per sq.ft in 2023, and finally to Rs 14,300 per sq.ft in 2024.

What is the land classification for E.V.K.Sampath Road (or) Rundalls Road?

E.V.K.Sampath Road (or) Rundalls Road is classified as Residential Special Type - I.

Where can I find the registration office for this area?

The registration office for E.V.K.Sampath Road (or) Rundalls Road is the Periamet Sub Registrar Office, located at 1103, Poonamallee High Road, Chennai-600 003.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 10,01,000 at a rate of 7%.