Guideline Value

Corporate

Guideline Value for Harrington 15thAvenue

₹13400/sq.ft.

The guideline value for Harrington 15thavenue in Egmore village (Periamet SRO, Chennai zone) is Rs 13400 per sq.ft, effective 1 July 2024. It was Rs 12300 per sq.ft from 1 April 2023, a 9% change. The land classification is Mixed Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Egmore

Village

Periamet

SRO

Mixed Type - I
History
Period Guideline Value
From 1-7-2024 ₹13400 /sq.ft.
From 1-4-2023 ₹12300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹8241 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹12300 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹4000 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹1588 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹1976 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

1103, Poonamallee High Road, Chennai-600 003.
044-25612486
[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 Harrington 15thavenue

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Harrington 15thAvenue guideline value

The current guideline value of Harrington 15thAvenue is Rs 13,400 per sq.ft, effective from 1 July 2024. This street is located in Egmore village and falls under the Periamet SRO. The land classification for this area is Mixed Type - I.

How the guideline value of Harrington 15thAvenue has changed

The guideline value for Harrington 15thAvenue has seen significant changes over the years. The earliest recorded value in the register is from 2002, at Rs 1,976 per sq.ft. This figure increased to Rs 1,588 per sq.ft in 2003, followed by a substantial rise to Rs 4,000 per sq.ft in 2007. The value further increased to Rs 12,300 per sq.ft in 2012, then dropped to Rs 8,241 per sq.ft in 2017. In 2023, the guideline value rose to Rs 12,300 per sq.ft, and the latest revision in 2024 set it at Rs 13,400 per sq.ft.

Between the revisions, there have been notable changes. From 2002 to 2024, the overall increase is +578%. The jump from 2017 to 2023 was +49%, while the change from 2012 to 2017 saw a decrease of -33%. The rise from 2007 to 2012 was +208%, and from 2003 to 2007, it increased by +152%. Lastly, there was a decrease of -20% from 2002 to 2003.

Guideline values in Egmore

In Egmore, there are 465 streets under the Periamet SRO that carry a 2024 guideline value, ranging from Rs 2,800 to Rs 22,000 per sq.ft. The median value for these streets is Rs 7,100 per sq.ft, placing Harrington 15thAvenue's 2024 figure above that median.

Stamp duty and registration fee for property in Harrington 15thAvenue

For a 1,000 sq.ft plot at the current guideline value of Rs 13,400 per sq.ft, the total guideline value amounts to Rs 1,34,00,000. The stamp duty at 7% would be Rs 9,38,000, and the registration fee at 2% would be Rs 2,68,000, totaling Rs 12,06,000. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Harrington 15thAvenue?

The Sub Registrar Office that covers Harrington 15thAvenue is the Periamet Sub Registrar Office, located at 1103, Poonamallee High Road, Chennai-600 003. You can find your SRO for more information.

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

The guideline value is a critical factor in the registration process when buying or selling property in Egmore. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Harrington 15thAvenue?

The current guideline value of Harrington 15thAvenue is Rs 13,400 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 1,976 per sq.ft in 2002 to Rs 13,400 per sq.ft in 2024, showing an overall increase of +578% over this period.

What are the stamp duty and registration fees for property in Harrington 15thAvenue?

For a 1,000 sq.ft plot, the total guideline value is Rs 1,34,00,000. The stamp duty at 7% amounts to Rs 9,38,000, and the registration fee at 2% is Rs 2,68,000, totaling Rs 12,06,000.

Which office handles property registrations for Harrington 15thAvenue?

The Periamet Sub Registrar Office handles property registrations for Harrington 15thAvenue, located at 1103, Poonamallee High Road, Chennai-600 003.

What is the land classification for Harrington 15thAvenue?

The land classification for Harrington 15thAvenue is Mixed Type - I, indicating a diverse use of land in the area.