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Guideline Value

Corporate

Guideline Value for Edappalayam Thalakancheri road

₹1650/sq.ft.

The guideline value for Edappalayam Thalakancheri Road in Thiruvallur village (Tiruvallur Joint 1 SRO, Chennai zone) is Rs 1650 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruvallur

Village

Tiruvallur Joint 1

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1650 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1005 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹200 /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)

No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.
044-27666992
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Edappalayam Thalakancheri Road

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Edappalayam Thalakancheri road guideline value

The current guideline value of Edappalayam Thalakancheri road is Rs 1,650 per sq.ft, effective from 1 July 2024. This road is located in Thiruvallur village and falls under the Tiruvallur Joint 1 SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Edappalayam Thalakancheri road has changed

The guideline value for Edappalayam Thalakancheri road has undergone several revisions over the years. The earliest recorded revision is from 2007, where the guideline value was Rs 200 per sq.ft. This figure increased significantly to Rs 1,500 per sq.ft in 2012, marking a rise of 650%. However, in 2017, the value adjusted to Rs 1,005 per sq.ft, a decrease of 33%. The next revision in 2023 set the value at Rs 1,500 per sq.ft, which then increased to Rs 1,650 per sq.ft in 2024, reflecting a 10% rise.

Overall, from 2007 to 2024, the guideline value has increased by 725%. Notably, the register has no figures for the years 2002 and 2003 for this street.

Guideline values in Thiruvallur

In Thiruvallur, a total of 172 streets under the Tiruvallur Joint 1 SRO carry a 2024 guideline value ranging from Rs 550 to Rs 3,850 per sq.ft. The median value among these streets is Rs 1,100 per sq.ft, placing Edappalayam Thalakancheri road above this median with its current value of Rs 1,650 per sq.ft.

Stamp duty and registration fee for property in Edappalayam Thalakancheri road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value amounts to Rs 16,50,000. The stamp duty, charged at 7%, would be Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, bringing the total fees to Rs 1,48,500. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Edappalayam Thalakancheri road?

The Edappalayam Thalakancheri road is covered by the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001. For more information, you can find your SRO.

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

The guideline value plays a crucial role during property registration in Thiruvallur. It is used to determine the stamp duty and registration fees that need to be paid when a property is bought or sold. This ensures that the transaction is recorded accurately in the official land records.

When a buyer or seller approaches the registration office, the guideline value is referenced to calculate the necessary fees. This value serves as a benchmark for assessing the worth of the property in the eyes of the law, ensuring transparency in property transactions.

Frequently asked questions

What is the current guideline value of Edappalayam Thalakancheri road?

The current guideline value of Edappalayam Thalakancheri road is Rs 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 200 per sq.ft in 2007 to Rs 1,650 per sq.ft in 2024, marking an overall increase of 725% across the revisions.

What is the land classification for Edappalayam Thalakancheri road?

The land classification for Edappalayam Thalakancheri road is Residential Class I Type - I.

Where can I find the Sub Registrar Office for Edappalayam Thalakancheri road?

The Sub Registrar Office covering Edappalayam Thalakancheri road is located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.

How is stamp duty calculated for properties in Edappalayam Thalakancheri road?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 16,50,000, the stamp duty at 7% would be Rs 1,15,500.