Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Gopala Reddy Colony West Main Road

₹4900/sq.ft.

The guideline value for Gopala Reddy Colony West Main Road in Sembiam village (Sembiam SRO, Chennai zone) is Rs 4900 per sq.ft, effective 1 July 2024. It was Rs 4500 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Sembiam

Village

Sembiam

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹4900 /sq.ft.
From 1-4-2023 ₹4500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3015 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹900 /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)

5, Papermills Road, Sembiam, Chennai - 600011.
044-26702002
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Gopala Reddy Colony West Main Road

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

Gopala Reddy Colony West Main Road guideline value

The current guideline value for Gopala Reddy Colony West Main Road is Rs 4,900 per sq.ft, effective from 1 July 2024. This street is located in Sembiam village and falls under the Sembiam SRO, classified as Residential Special Type - I.

How the guideline value of Gopala Reddy Colony West Main Road has changed

The guideline value for Gopala Reddy Colony West Main Road has seen several revisions over the years. In 2007, the value was Rs 900 per sq.ft, which increased significantly to Rs 4,500 per sq.ft in 2012. However, it then decreased to Rs 3,015 per sq.ft in 2017. The value rose again to Rs 4,500 per sq.ft in 2023, before reaching the current figure of Rs 4,900 per sq.ft in 2024, marking a 9% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 444%. The revisions for the years 2002 and 2003 do not have figures recorded for this street in the register.

Guideline values in Sembiam

In Sembiam, there are 250 streets under the Sembiam SRO that have a 2024 guideline value ranging from Rs 1,700 to Rs 7,100 per sq.ft, with a median value of Rs 2,700 per sq.ft. Gopala Reddy Colony West Main Road's current guideline value is above this median.

Stamp duty and registration fee for property in Gopala Reddy Colony West Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 4,900 per sq.ft, the total guideline value would be Rs 49,00,000. The stamp duty at 7% would amount to Rs 3,43,000, and the registration fee at 2% would be Rs 98,000, totaling Rs 4,41,000. Please note that the duty is charged on the higher of the guideline value and the sale price.

You can calculate your own fees using the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Gopala Reddy Colony West Main Road?

The Gopala Reddy Colony West Main Road falls under the jurisdiction of the Sembiam Sub Registrar Office, located at 5, Papermills Road, Sembiam, Chennai - 600011. You can find your SRO for more information.

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

The guideline value is an essential factor in the registration process for property transactions in Sembiam. It serves as a benchmark for determining the value of properties and is used to calculate the stamp duty and registration fees payable during the sale or purchase of real estate.

When buying or selling property, it is crucial to be aware of the guideline value, as it can influence the overall costs involved in the transaction. Buyers and sellers should ensure that they are informed about the latest guideline values to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Gopala Reddy Colony West Main Road?

The current guideline value for Gopala Reddy Colony West Main Road is Rs 4,900 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed significantly, from Rs 900 per sq.ft in 2007 to Rs 4,900 per sq.ft in 2024, marking an overall increase of 444%.

What are the stamp duty and registration fees for properties in this area?

For a 1,000 sq.ft property at the current guideline value, the total guideline value is Rs 49,00,000. The stamp duty would be Rs 3,43,000 and the registration fee would be Rs 98,000, totaling Rs 4,41,000.

Which Sub Registrar Office covers this area?

The Sembiam Sub Registrar Office covers Gopala Reddy Colony West Main Road, located at 5, Papermills Road, Sembiam, Chennai - 600011.

What is the land classification for Gopala Reddy Colony West Main Road?

The land classification for Gopala Reddy Colony West Main Road is Residential Special Type - I.