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Guideline Value

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Guideline Value for GANDHI STREET AATHUKAL STREET TILL WELL 97/4C, 4I,4J,5,6.7.8.9.10

₹878/sq.ft.

The guideline value for Gandhi Street Aathukal Street Till Well 97/4c, 4i,4j,5,6.7.8.9.10 in Chembarambakkam village (Poonamallee SRO, Chennai zone) is Rs 878 per sq.ft, effective 1 July 2024. It was Rs 800 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - V. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Chembarambakkam

Village

Poonamallee

SRO

Residential Class I Type - V
History
Period Guideline Value
From 1-7-2024 ₹878 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 N/A
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.332 U + 9cc Malma Nagar Poonallee Chennai - 600056
044-26494966
[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 Gandhi Street Aathukal Street Till Well 97/4c, 4i,4j,5,6.7.8.9.10

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Gandhi Street Aathukal Street Till Well 97/4c, 4i,4j,5,6.7.8.9.10 guideline value

The current guideline value for Gandhi Street Aathukal Street Till Well 97/4c, 4i,4j,5,6.7.8.9.10 is Rs 878 per sq.ft, effective from 1 July 2024. This property is located in Chembarambakkam village under the Poonamallee SRO and is classified as Residential Class I Type - V.

How the guideline value of Gandhi Street Aathukal Street Till Well 97/4c, 4i,4j,5,6.7.8.9.10 has changed

The guideline value for this street has undergone several revisions. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was set at Rs 800 per sq.ft. With the latest revision in 2024, it has increased to Rs 878 per sq.ft, representing a 10% increase from the previous year.

In summary, the 2024 revision shows a guideline value of Rs 878 per sq.ft, up from Rs 800 per sq.ft in 2023. This indicates a notable change in the guideline value for this street.

Guideline values in Chembarambakkam

In Chembarambakkam, there are 64 streets under the Poonamallee SRO that carry a 2024 guideline value ranging from Rs 550 to Rs 4,000 per sq.ft, with a median value of Rs 1,100 per sq.ft. The guideline value for Gandhi Street Aathukal Street Till Well 97/4c, 4i,4j,5,6.7.8.9.10 is below this median.

Stamp duty and registration fee for property in Gandhi Street Aathukal Street Till Well 97/4c, 4i,4j,5,6.7.8.9.10

For a 1,000 sq.ft plot at the current rate of Rs 878 per sq.ft, the guideline value amounts to Rs 8,78,000. The stamp duty at 7% would be Rs 61,460, and the registration fee at 2% would be Rs 17,560, making the total Rs 79,020. It's important to note that 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 Gandhi Street Aathukal Street Till Well 97/4c, 4i,4j,5,6.7.8.9.10?

The Sub Registrar Office that covers this property is the Poonamallee Sub Registrar Office, located at No.332 U + 9cc Malma Nagar Poonamallee Chennai - 600056. You can find your SRO for more information.

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

The guideline value is a crucial factor in the property registration process in Chembarambakkam. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value serves as a benchmark for calculating the applicable fees. Buyers should be aware that the stamp duty is charged on the higher of the guideline value or the sale price, which can impact the overall cost of the transaction.

Frequently asked questions

What is the current guideline value for Gandhi Street Aathukal Street Till Well 97/4c, 4i,4j,5,6.7.8.9.10?

The current guideline value for Gandhi Street Aathukal Street Till Well 97/4c, 4i,4j,5,6.7.8.9.10 is Rs 878 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 800 per sq.ft in 2023 to Rs 878 per sq.ft in 2024, marking a 10% increase. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017.

What is the classification of the land for this property?

The land classification for Gandhi Street Aathukal Street Till Well 97/4c, 4i,4j,5,6.7.8.9.10 is Residential Class I Type - V.

Where can I find the Sub Registrar Office for this property?

The Sub Registrar Office covering this property is the Poonamallee Sub Registrar Office, located at No.332 U + 9cc Malma Nagar Poonamallee Chennai - 600056.

How is the stamp duty calculated for this property?

The stamp duty for a property in Gandhi Street Aathukal Street Till Well 97/4c, 4i,4j,5,6.7.8.9.10 is calculated at 7% of the guideline value, which amounts to Rs 61,460 for a plot valued at Rs 8,78,000.