Guideline Value

Corporate

Guideline Value for Eswari Nagar Main Road

₹3750/sq.ft.

The guideline value for Eswari Nagar Main Road in Gowrivakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 3750 per sq.ft, effective 1 July 2024. It was Rs 3500 per sq.ft from 1 April 2023, a 7% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Gowrivakkam

Village

Selaiyur

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹3750 /sq.ft.
From 1-4-2023 ₹3500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2345 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3500 /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)

No.36,bharathmatha Salai(opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur,chennai - 600 073.
044-22391102
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Eswari Nagar Main Road

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Eswari Nagar Main Road guideline value

The current guideline value of Eswari Nagar Main Road is Rs 3,750 per sq.ft, effective from 1 July 2024. This road is located in Gowrivakkam village, under the Selaiyur SRO, and is classified as Commercial Class I Type - I.

How the guideline value of Eswari Nagar Main Road has changed

The guideline value for Eswari Nagar Main Road has seen several revisions over the years. In 2012, the value was set at Rs 3,500 per sq.ft, which remained unchanged until the next revision in 2017, where it dropped to Rs 2,345 per sq.ft. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value to Rs 3,500 per sq.ft. The most recent revision in 2024 has increased the value to Rs 3,750 per sq.ft, marking a 7% rise from the previous year.

It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for Eswari Nagar Main Road. Overall, from 2012 to 2024, the guideline value has increased by 7%.

Guideline values in Gowrivakkam

In Gowrivakkam, there are 130 streets under the Selaiyur SRO with a 2024 guideline value ranging from Rs 840 to Rs 3,750 per sq.ft. The median value for these streets is Rs 2,200 per sq.ft, and Eswari Nagar Main Road's 2024 figure is above this median.

Stamp duty and registration fee for property in Eswari Nagar Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 3,750 per sq.ft, the total guideline value would be Rs 37,50,000. The stamp duty at 7% would amount to Rs 2,62,500, and the registration fee at 2% would be Rs 75,000, bringing the total fees to Rs 3,37,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Eswari Nagar Main Road?

The Sub Registrar Office that covers Eswari Nagar Main Road is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Gowrivakkam. It serves as a benchmark for determining the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with the registration requirements.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees. These fees are based on the higher of the guideline value or the actual sale price, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Eswari Nagar Main Road?

The current guideline value of Eswari Nagar Main Road is Rs 3,750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,500 per sq.ft in 2023 to Rs 3,750 per sq.ft in 2024, marking a 7% increase. The value was Rs 2,345 per sq.ft in 2017 and Rs 3,500 per sq.ft in 2012.

What is the land classification of Eswari Nagar Main Road?

Eswari Nagar Main Road is classified as Commercial Class I Type - I.

Where can I find the Sub Registrar Office for Eswari Nagar Main Road?

The Sub Registrar Office for Eswari Nagar Main Road is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai, East Tambaram, Chennai - 600 073.

How is the stamp duty calculated for properties in Eswari Nagar Main Road?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a property valued at Rs 37,50,000 would incur a stamp duty of Rs 2,62,500 at 7%.