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Guideline Value

Corporate

Guideline Value for Kalyana Sundara Mudaliar Street

₹1900/sq.ft.

The guideline value for Kalyana Sundara Mudaliar Street in Sembiam village (Sembiam SRO, Chennai zone) is Rs 1900 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Sembiam

Village

Sembiam

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹1900 /sq.ft.
From 1-4-2023 ₹1800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1206 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1800 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹700 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹372 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹343 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

5, Papermills Road, Sembiam, Chennai - 600011.
044-26702002
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Kalyana Sundara Mudaliar Street

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Kalyana Sundara Mudaliar Street guideline value

The current guideline value for Kalyana Sundara Mudaliar Street is Rs 1,900 per sq.ft, effective from 1 July 2024. This street is located in Sembiam village, under the Sembiam SRO, classified as Residential Class II Type - I.

How the guideline value of Kalyana Sundara Mudaliar Street has changed

Over the years, the guideline value of Kalyana Sundara Mudaliar Street has seen significant changes. The register shows that in 2002, the guideline value was Rs 343 per sq.ft. This figure increased to Rs 372 per sq.ft in 2003, marking an 8% rise. By 2007, the value jumped to Rs 700 per sq.ft, a substantial increase of 88%. The value further surged to Rs 1,800 per sq.ft in 2012, reflecting a 157% rise from the previous revision. However, between 2012 and 2017, the value decreased to Rs 1,206 per sq.ft, resulting in a decline of 33%. The 2023 revision saw the value increase to Rs 1,800 per sq.ft, and in the latest 2024 revision, it rose to Rs 1,900 per sq.ft, which is a 6% increase.

The overall change from 2002 to 2024 shows a remarkable increase of 454%, highlighting the evolving guideline value in this area.

Guideline values in Sembiam

In Sembiam, there are 250 streets under the Sembiam SRO, with guideline values ranging from Rs 1,700 to Rs 7,100 per sq.ft. The median guideline value for these streets is Rs 2,700 per sq.ft, indicating that Kalyana Sundara Mudaliar Street's 2024 figure is below this median.

Stamp duty and registration fee for property in Kalyana Sundara Mudaliar Street

For a 1,000 sq.ft plot at the current rate of Rs 1,900 per sq.ft, the guideline value would be Rs 19,00,000. The stamp duty at 7% would amount to Rs 1,33,000, and the registration fee at 2% would be Rs 38,000, totaling Rs 1,71,000. 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 details.

Which Sub Registrar Office covers Kalyana Sundara Mudaliar Street?

The Sub Registrar Office that covers Kalyana Sundara Mudaliar Street is the Sembiam Sub Registrar Office, located at 5, Papermills Road, Sembiam, Chennai - 600011. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Sembiam. It serves as a reference point for determining the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating the sale price, as it impacts the stamp duty and registration fees applicable during the transaction.

When registering a property, the guideline value is used to calculate the stamp duty and registration fees, ensuring that these charges are based on a standardized valuation. This process helps maintain transparency and consistency in property transactions within the Sembiam region.

Frequently asked questions

What is the current guideline value of Kalyana Sundara Mudaliar Street?

The current guideline value of Kalyana Sundara Mudaliar Street is Rs 1,900 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 343 per sq.ft in 2002 to Rs 1,900 per sq.ft in 2024, reflecting an overall increase of 454% over this period.

What is the registration office for Kalyana Sundara Mudaliar Street?

The registration office for Kalyana Sundara Mudaliar Street is the Sembiam Sub Registrar Office, located at 5, Papermills Road, Sembiam, Chennai - 600011.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 19,00,000, the stamp duty would be Rs 1,33,000 and the registration fee would be Rs 38,000, totaling Rs 1,71,000.

What is the median guideline value of streets in Sembiam?

The median guideline value of streets in Sembiam is Rs 2,700 per sq.ft, which means Kalyana Sundara Mudaliar Street's 2024 figure is below this median.