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Guideline Value

Corporate

Guideline Value for Harris Road (Adhithanar Salai)

₹15000/sq.ft.

The guideline value for Harris Road (adhithanar Salai) in Egmore village (Periamet SRO, Chennai zone) is Rs 15000 per sq.ft, effective 1 July 2024. It was Rs 13700 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Egmore

Village

Periamet

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹15000 /sq.ft.
From 1-4-2023 ₹13700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹9179 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹13700 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹4200 /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 Harris Road (adhithanar Salai)

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Harris Road (Adhithanar Salai) guideline value

The current guideline value of Harris Road (Adhithanar Salai) is Rs 15,000 per sq.ft, effective from 1 July 2024. This road is located in Egmore village, under the Periamet Sub Registrar Office (SRO). The land classification for this area is Residential Class I Type - I.

How the guideline value of Harris Road (Adhithanar Salai) has changed

The guideline value for Harris Road (Adhithanar Salai) has seen significant changes over the years. In the 2007 revision, the value was Rs 4,200 per sq.ft, which increased to Rs 13,700 per sq.ft in the 2012 revision. However, there was a decrease to Rs 9,179 per sq.ft in the 2017 revision. The 2023 revision saw an increase to Rs 13,700 per sq.ft, followed by a further rise to Rs 15,000 per sq.ft in the 2024 revision. Notably, there are no figures available for the years 2002 and 2003 in the register for this street.

From 2007 to 2024, the overall increase in the guideline value is 257%. The changes between the revisions include a 226% increase from 2007 to 2012, a 33% decrease from 2012 to 2017, a 49% increase from 2017 to 2023, and a 9% increase from 2023 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. The guideline value for Harris Road (Adhithanar Salai) is above this median.

Stamp duty and registration fee for property in Harris Road (Adhithanar Salai)

For a 1,000 sq.ft plot at the current guideline value of Rs 15,000 per sq.ft, the total guideline value amounts to Rs 1,50,00,000. The stamp duty at 7% would be Rs 10,50,000, and the registration fee at 2% would be Rs 3,00,000, totaling Rs 13,50,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Harris Road (Adhithanar Salai)?

The Sub Registrar Office that covers Harris Road (Adhithanar Salai) 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 plays a crucial role in the registration process of property transactions in Egmore. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees that must be paid at the time of registration.

It is essential for buyers and sellers to be aware of the current guideline value to ensure compliance with legal requirements and to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value of Harris Road (Adhithanar Salai)?

The current guideline value of Harris Road (Adhithanar Salai) is Rs 15,000 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 4,200 per sq.ft in 2007 to Rs 15,000 per sq.ft in 2024. The changes include a 226% increase from 2007 to 2012, a decrease from 2012 to 2017, and subsequent increases in the following years.

What is the land classification for Harris Road (Adhithanar Salai)?

The land classification for Harris Road (Adhithanar Salai) is Residential Class I Type - I, indicating its suitability for residential development.

How is stamp duty calculated for properties in Harris Road (Adhithanar Salai)?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a 1,000 sq.ft plot at the current guideline value would incur a stamp duty of Rs 10,50,000 at 7%.

Where can I find the Sub Registrar Office for Harris Road (Adhithanar Salai)?

The Sub Registrar Office for Harris Road (Adhithanar Salai) is the Periamet Sub Registrar Office, located at 1103, Poonamallee High Road, Chennai-600 003. You can find more information through the provided link.