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Guideline Value

Corporate

Guideline Value for INDRA STREET (WARD-21)

₹660/sq.ft.

The guideline value for Indra Street (ward-21) in Thailavaram village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 660 per sq.ft, effective 1 July 2024. It was Rs 600 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Thailavaram

Village

Chengleput Joint II

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹660 /sq.ft.
From 1-4-2023 ₹600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹402 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
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)

10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Indra Street (ward-21)

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Indra Street (Ward-21) guideline value

The current guideline value of Indra Street (Ward-21) is Rs 660 per sq.ft, effective from 1 July 2024. This street is located in Thailavaram village and falls under the Chengleput Joint II SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Indra Street (Ward-21) has changed

Over the years, the guideline value of Indra Street (Ward-21) has experienced several revisions. The 2012 revision set the value at Rs 600 per sq.ft, which remained unchanged until the 2017 revision, where it decreased to Rs 402 per sq.ft, marking a -33% change. The value then increased significantly to Rs 600 per sq.ft in the 2023 revision, followed by a further increase to Rs 660 per sq.ft in the 2024 revision, reflecting a +10% change.

From 2017 to 2023, the guideline value saw a substantial rise of +49%. Overall, from 2012 to 2024, the guideline value has increased by +10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Thailavaram

In Thailavaram, there are 132 streets under the Chengleput Joint II SRO, with guideline values ranging from Rs 440 to Rs 2,200 per sq.ft. The median guideline value in this village is Rs 770 per sq.ft, indicating that the 2024 guideline value of Indra Street (Ward-21) is below the median.

Stamp duty and registration fee for property in Indra Street (Ward-21)

For a 1,000 sq.ft plot at the current guideline value of Rs 660 per sq.ft, the total guideline value amounts to Rs 6,60,000. The stamp duty at 7% would be Rs 46,200, and the registration fee at 2% would be Rs 13,200, bringing the total fees together to Rs 59,400. It is important to note that the 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 Indra Street (Ward-21)?

The Sub Registrar Office that covers Indra Street (Ward-21) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Thailavaram, as it determines the minimum value at which a property can be registered. This value is used to calculate the applicable stamp duty and registration fees, ensuring that the transaction is recorded accurately in the government records.

When a property is sold, the guideline value helps in establishing a baseline for the sale price, and it is essential for both buyers and sellers to be aware of these values to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Indra Street (Ward-21)?

The current guideline value of Indra Street (Ward-21) is Rs 660 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 402 per sq.ft in 2017, then increased to Rs 600 per sq.ft in 2023, and finally to Rs 660 per sq.ft in 2024.

What is the median guideline value in Thailavaram?

The median guideline value in Thailavaram is Rs 770 per sq.ft, which means Indra Street's 2024 figure is below this median.

What are the stamp duty and registration fees for Indra Street (Ward-21)?

For a property of 1,000 sq.ft, the total guideline value is Rs 6,60,000. The stamp duty would be Rs 46,200, and the registration fee would be Rs 13,200, totaling Rs 59,400.

Which office handles the registration for Indra Street (Ward-21)?

The Chengleput Joint II Sub Registrar Office handles the registration for Indra Street (Ward-21), located at 10, Kancheepuram Main Road, Chengalpattu 603 002.