Guideline Value for Gandhi Road
₹1980/sq.ft.
The guideline value for Gandhi Road in Peerklankaranai village (Tambaram Joint 1 SRO, Chengalpattu zone) is Rs 1980 per sq.ft, effective 1 July 2024. It was Rs 1800 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:
Chengalpattu
Zone
Peerklankaranai
Village
Tambaram Joint 1
SRO
Residential Class I Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1980 /sq.ft. |
| From 1-4-2023 | ₹1800 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹1206 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹1800 /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.26,mes Road, East Tambaram, Chennai-600059.
044-22397171
[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]
Records for a plot on Gandhi Road
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Tambaram Joint 1 sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Gandhi Road guideline value
The current guideline value of Gandhi Road in Peerklankaranai village is Rs 1,980 per sq.ft, effective from the 2024 revision. This street falls under the Tambaram Joint 1 SRO and is classified as Residential Class I Type - I.
How the guideline value of Gandhi Road has changed
The guideline value for Gandhi Road has seen several revisions over the years. In the 2012 revision, the value was set at Rs 1,800 per sq.ft. This figure remained unchanged until the 2017 revision when it decreased to Rs 1,206 per sq.ft, representing a decline of 33%. However, the value rebounded significantly in the 2023 revision to Rs 1,800 per sq.ft, and then increased by 10% to reach the current value of Rs 1,980 per sq.ft in the 2024 revision.
From the 2017 revision to the 2023 revision, there was a notable increase of 49%. 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 Peerklankaranai
In Peerklankaranai, there are 322 streets under the Tambaram Joint 1 SRO with a 2024 guideline value ranging from Rs 880 to Rs 4,400 per sq.ft. The median value for these streets is Rs 1,650 per sq.ft, placing Gandhi Road's 2024 figure above the median.
- Gandhi St: Rs 1,320 per sq.ft (2024)
- Gandhi St Vard 8th: Rs 1,980 per sq.ft (2024)
- Gayathri Street: Rs 1,980 per sq.ft (2024)
- Gokulam Street: Rs 2,200 per sq.ft (2024)
- Erikkarai Salai to Sri Ram Nagar: Rs 1,100 per sq.ft (2024)
- Erikkarai Salai, Sri Ram Nagar to Kumaran st: Rs 1,320 per sq.ft (2024)
Stamp duty and registration fee for property in Gandhi Road
For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value amounts to Rs 19,80,000. The stamp duty at 7% would be Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, making the total cost for these fees Rs 1,78,200. It is important to note that the duty is charged on the higher of the guideline value or the sale price.
You can use our stamp duty and registration fee calculator for more detailed calculations.
Which Sub Registrar Office covers Gandhi Road?
The Sub Registrar Office that covers Gandhi Road is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, 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 Peerklankaranai
The guideline value is a critical factor in property transactions in Peerklankaranai, as it determines the minimum price at which a property can be registered. When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees, which are essential for the legal transfer of property ownership.
It is essential for buyers and sellers to be aware of the current guideline value to ensure compliance with the registration process. The guideline value is regularly updated, so staying informed about these changes can help in making better decisions during property transactions.
Frequently asked questions
What is the current guideline value of Gandhi Road?
The current guideline value of Gandhi Road is Rs 1,980 per sq.ft, effective from the 2024 revision.
How has the guideline value changed over the years?
The guideline value for Gandhi Road has changed from Rs 1,800 per sq.ft in 2012 to Rs 1,206 per sq.ft in 2017, then back to Rs 1,800 per sq.ft in 2023, and finally to Rs 1,980 per sq.ft in 2024.
What is the stamp duty for property on Gandhi Road?
The stamp duty for property on Gandhi Road is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the stamp duty would be Rs 1,38,600.
Where is the Sub Registrar Office for Gandhi Road located?
The Sub Registrar Office for Gandhi Road is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059.
What is the range of guideline values in Peerklankaranai?
The guideline values in Peerklankaranai range from Rs 880 to Rs 4,400 per sq.ft, with a median value of Rs 1,650 per sq.ft for the year 2024.
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