Guideline Value

Corporate

Guideline Value for Harrington 5thAvenue

₹13400/sq.ft.

The guideline value for Harrington 5thavenue 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 N/A
From 1-4-2002 To 31-3-2003 N/A
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 5thavenue

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Harrington 5thAvenue guideline value

The current guideline value of Harrington 5thAvenue is Rs 13,400 per sq.ft, effective from 1 July 2024. This street is located in Egmore village, under the Periamet SRO, and is classified as Mixed Type - I land.

How the guideline value of Harrington 5thAvenue has changed

The guideline value for Harrington 5thAvenue has seen several revisions over the years. In 2007, the value was set at Rs 4,000 per sq.ft, which increased significantly to Rs 12,300 per sq.ft in 2012. However, it decreased to Rs 8,241 per sq.ft in 2017. The 2023 revision brought the value back up to Rs 12,300 per sq.ft, and the most recent revision in 2024 has set it at Rs 13,400 per sq.ft. Notably, there are no figures for this street in the register for the years 2002 and 2003.

Between the revisions, the changes are as follows: from 2007 to 2012, there was a substantial increase of 208%. However, from 2012 to 2017, the value decreased by 33%. The value then rose by 49% from 2017 to 2023, and from 2023 to 2024, it increased by 9%. Overall, the guideline value has increased by 235% from 2007 to 2024.

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, with a median value of Rs 7,100 per sq.ft. Harrington 5thAvenue's 2024 figure is above this median.

Stamp duty and registration fee for property in Harrington 5thAvenue

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 the duty is charged on the higher of the guideline value or the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Harrington 5thAvenue?

The Sub Registrar Office that covers Harrington 5thAvenue is the Periamet Sub Registrar Office, located at 1103, Poonamallee High Road, Chennai-600 003. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Egmore. It determines the amount of stamp duty and registration fees that need to be paid, which are calculated based on the guideline value or the sale price, whichever is higher.

When engaging in property transactions, it is essential to be aware of the current guideline value, as it directly impacts the overall costs involved in the registration process. Buyers and sellers should ensure they have the latest information to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Harrington 5thAvenue?

The current guideline value of Harrington 5thAvenue 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, with an increase from Rs 4,000 per sq.ft in 2007 to Rs 13,400 per sq.ft in 2024, marking an overall increase of 235% over the years.

What are the stamp duty and registration fees for property in Harrington 5thAvenue?

The stamp duty is charged at 7% of the guideline value, while the registration fee is 2%. For a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 12,06,000.

Which office handles the registration for Harrington 5thAvenue?

The Periamet Sub Registrar Office handles the registration for Harrington 5thAvenue, located at 1103, Poonamallee High Road, Chennai-600 003.

What is the median guideline value for streets in Egmore?

The median guideline value for streets in Egmore under the Periamet SRO is Rs 7,100 per sq.ft, with Harrington 5thAvenue's value being above this median.