Guideline Value

Corporate

Guideline Value for EVR PERIYAR 1ST CROSS STREET

₹3550/sq.ft.

The guideline value for Evr Periyar 1st Cross Street in Ramapuram village (Chennai South Joint Ii SRO, Chennai zone) is Rs 3550 per sq.ft, effective 1 July 2024. It was Rs 3200 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Ramapuram

Village

Chennai South Joint II

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹3550 /sq.ft.
From 1-4-2023 ₹3200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2144 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3200 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1100 /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)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510538
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Evr Periyar 1st Cross Street

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Evr Periyar 1st Cross Street guideline value

The current guideline value of Evr Periyar 1st Cross Street is Rs 3,550 per sq.ft, effective from 1 July 2024. This street is located in Ramapuram village and falls under the Chennai South Joint II SRO. The land classification for this area is Residential Class I Type - II.

How the guideline value of Evr Periyar 1st Cross Street has changed

The guideline value for Evr Periyar 1st Cross Street has seen several revisions over the years. The earliest recorded figure was Rs 1,100 per sq.ft in 2007, which increased significantly to Rs 3,200 per sq.ft in 2012. However, this value then decreased to Rs 2,144 per sq.ft in 2017. Following that, the guideline value rose to Rs 3,200 per sq.ft in 2023, and finally, it reached Rs 3,550 per sq.ft in the 2024 revision.

In terms of percentage changes, the value increased by 191% from 2007 to 2012, decreased by 33% from 2012 to 2017, and then saw a significant increase of 49% from 2017 to 2023. The most recent revision from 2023 to 2024 reflects an increase of 11%. Overall, from 2007 to 2024, the guideline value has increased by 223%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Ramapuram

In Ramapuram, there are 394 streets under the Chennai South Joint II SRO that carry a 2024 guideline value, ranging from Rs 1,950 to Rs 6,600 per sq.ft. The median value for these streets is Rs 3,100 per sq.ft, making the 2024 guideline value of Evr Periyar 1st Cross Street above the median.

Stamp duty and registration fee for property in Evr Periyar 1st Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,550 per sq.ft, the total guideline value amounts to Rs 35,50,000. The stamp duty at 7% would be Rs 2,48,500, and the registration fee at 2% would be Rs 71,000, bringing the total fees to Rs 3,19,500. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Evr Periyar 1st Cross Street?

The Sub Registrar Office that covers Evr Periyar 1st Cross Street is the Chennai South Joint II Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in property transactions in Ramapuram. It is used to determine the stamp duty and registration fees applicable when buying or selling property. The guideline value is set by the government and is intended to reflect the market value of the property.

When registering a property, the buyer must pay stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions, while also providing a standardized value for properties in the area.

Frequently asked questions

What is the current guideline value of Evr Periyar 1st Cross Street?

The current guideline value of Evr Periyar 1st Cross Street is Rs 3,550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,100 per sq.ft in 2007 to Rs 3,550 per sq.ft in 2024, reflecting an overall increase of 223% over the years.

What are the other streets with the same guideline value in Ramapuram?

Several other streets in Ramapuram have the same guideline value of Rs 3,550 per sq.ft for 2024, including E.V.R.Periyar Street and E.V.P.Santhosh Nagar 1 to 4 Street.

Where can I find the Sub Registrar Office for Evr Periyar 1st Cross Street?

The Sub Registrar Office for Evr Periyar 1st Cross Street is located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035.

How is the stamp duty calculated for properties in Ramapuram?

Stamp duty for properties in Ramapuram is calculated based on the guideline value or the sale price, whichever is higher. The current rate for stamp duty is 7%, along with a registration fee of 2%.