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Guideline Value

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Guideline Value for Gurusamy Nagar 4th Cross Street (Yamuna Street)

₹2650/sq.ft.

The guideline value for Gurusamy Nagar 4th Cross Street (yamuna Street) in Gowrivakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 2650 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Gowrivakkam

Village

Selaiyur

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹2650 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2500 /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.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 Gurusamy Nagar 4th Cross Street (yamuna Street)

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Gurusamy Nagar 4th Cross Street (Yamuna Street) guideline value

The current guideline value of Gurusamy Nagar 4th Cross Street (Yamuna Street) is Rs 2,650 per sq.ft, effective from 1 July 2024. This street is located in Gowrivakkam village, under the Selaiyur SRO. The land classification for this area is Residential Class I Type - III.

How the guideline value of Gurusamy Nagar 4th Cross Street (Yamuna Street) has changed

The guideline value for Gurusamy Nagar 4th Cross Street has seen several revisions over the years. The 2007 revision set the value at Rs 200 per sq.ft, which increased significantly to Rs 2,500 per sq.ft in 2012. However, this value decreased to Rs 1,675 per sq.ft in 2017. The 2023 revision raised it to Rs 2,500 per sq.ft, and the latest revision in 2024 increased it further to Rs 2,650 per sq.ft. The register has no figure for this street in 2002 and 2003.

From 2007 to 2012, the value increased by 1150%, but then it fell by 33% from 2012 to 2017. The value surged by 49% from 2017 to 2023 and increased by 6% from 2023 to 2024. Overall, from 2007 to 2024, the guideline value has risen by 1225%.

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 is Rs 2,200 per sq.ft, placing Gurusamy Nagar 4th Cross Street (Yamuna Street) above this median.

Stamp duty and registration fee for property in Gurusamy Nagar 4th Cross Street (Yamuna Street)

For a 1,000 sq.ft plot at the current guideline value, the total guideline value would be Rs 26,50,000. The stamp duty at 7% would amount to Rs 1,85,500, while the registration fee at 2% would be Rs 53,000, bringing the total to Rs 2,38,500. 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 Gurusamy Nagar 4th Cross Street (Yamuna Street)?

The Sub Registrar Office covering Gurusamy Nagar 4th Cross Street (Yamuna Street) is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, Chengalpattu registration zone. You can find your SRO online.

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

The guideline value is a crucial factor during property registration in Gowrivakkam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the property is not undervalued during the transaction.

When buying or selling a property, the guideline value helps in calculating the stamp duty and registration fees. These costs are based on the guideline value or the sale price, whichever is higher, ensuring transparency in property transactions.

Frequently asked questions

What is the current guideline value for Gurusamy Nagar 4th Cross Street?

The current guideline value for Gurusamy Nagar 4th Cross Street (Yamuna Street) is Rs 2,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 200 per sq.ft in 2007 to Rs 2,650 per sq.ft in 2024, reflecting an overall increase of 1225% over this period.

What is the median guideline value in Gowrivakkam?

The median guideline value in Gowrivakkam is Rs 2,200 per sq.ft, with Gurusamy Nagar 4th Cross Street (Yamuna Street) being above this median at Rs 2,650 per sq.ft.

What are the stamp duty and registration fees for property transactions?

For a property valued at Rs 26,50,000, the stamp duty would be Rs 1,85,500, and the registration fee would be Rs 53,000, totaling Rs 2,38,500.

Where is the Sub Registrar Office for Gurusamy Nagar 4th Cross Street located?

The Selaiyur Sub Registrar Office is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073.