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Guideline Value

Corporate

Guideline Value for HAJI MOHAMMED ABDUL HAFEEZ ABBAB SAHIB STREET

₹4900/sq.ft.

The guideline value for Haji Mohammed Abdul Hafeez Abbab Sahib Street in Purasaivakkam village (Purasaivakkam 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 Class Iii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Purasaivakkam

Village

Purasaivakkam

SRO

Residential Class III Type - II
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 ₹1100 /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)

93/1, Bricklin Road, Otteri, Chennai- 600 012.
044-26623514
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 Haji Mohammed Abdul Hafeez Abbab Sahib Street

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Haji Mohammed Abdul Hafeez Abbab Sahib Street guideline value

The current guideline value of Haji Mohammed Abdul Hafeez Abbab Sahib Street is Rs 4,900 per sq.ft, effective from 1 July 2024. This street is located in Purasaivakkam village, under the Purasaivakkam SRO, and is classified as Residential Class III Type - II.

How the guideline value of Haji Mohammed Abdul Hafeez Abbab Sahib Street has changed

Over the years, the guideline value of Haji Mohammed Abdul Hafeez Abbab Sahib Street has seen several revisions. The 2007 revision set the value at Rs 1,100 per sq.ft, which increased significantly to Rs 4,500 per sq.ft in 2012. However, this value decreased to Rs 3,015 per sq.ft in 2017. The following revision in 2023 raised the value to Rs 4,500 per sq.ft, and the most recent revision in 2024 has set the guideline value at Rs 4,900 per sq.ft. There are no figures available for this street in the 2002 and 2003 revisions.

The changes between these revisions are notable. From 2007 to 2012, the value increased by 309%, but then decreased by 33% from 2012 to 2017. A significant rise of 49% occurred from 2017 to 2023, followed by a 9% increase from 2023 to 2024. Overall, the guideline value has increased by 345% from the 2007 revision to the current 2024 figure.

Guideline values in Purasaivakkam

In Purasaivakkam, there are 519 streets under the Purasaivakkam SRO that carry a 2024 guideline value, ranging from Rs 2,200 to Rs 18,100 per sq.ft. The median guideline value for these streets is Rs 5,500 per sq.ft, indicating that Haji Mohammed Abdul Hafeez Abbab Sahib Street's 2024 figure is below this median.

Stamp duty and registration fee for property in Haji Mohammed Abdul Hafeez Abbab Sahib Street

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. Together, these fees would total Rs 4,41,000. 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 precise calculations.

Which Sub Registrar Office covers Haji Mohammed Abdul Hafeez Abbab Sahib Street?

The Sub Registrar Office that covers Haji Mohammed Abdul Hafeez Abbab Sahib Street is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. For more information, you can find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Purasaivakkam. It is used to determine the applicable stamp duty and registration fees, which are essential costs associated with property transactions.

Frequently asked questions

What is the current guideline value of Haji Mohammed Abdul Hafeez Abbab Sahib Street?

The current guideline value of Haji Mohammed Abdul Hafeez Abbab Sahib Street is Rs 4,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, with the most recent increase being from Rs 4,500 per sq.ft in 2023 to Rs 4,900 per sq.ft in 2024. The overall increase from 2007 to 2024 is 345%.

What are the other streets in Purasaivakkam with their guideline values?

Other streets in Purasaivakkam include Hanumantharayan Koil 1st Lane and Hanumantharayan Koil Street, both at Rs 4,400 per sq.ft, and Harley's Street & Road at Rs 10,800 per sq.ft, among others.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value would incur a total of Rs 4,41,000 in fees.

Where can I find the Sub Registrar Office for Haji Mohammed Abdul Hafeez Abbab Sahib Street?

The Sub Registrar Office for Haji Mohammed Abdul Hafeez Abbab Sahib Street is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.