Guideline Value

Corporate

Guideline Value for Kareem MohideenSahib 3rdane

₹3900/sq.ft.

The guideline value for Kareem Mohideensahib 3rdane in Egmore village (Periamet SRO, Chennai zone) is Rs 3900 per sq.ft, effective 1 July 2024. It was Rs 3600 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Egmore

Village

Periamet

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹3900 /sq.ft.
From 1-4-2023 ₹3600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2412 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3600 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1500 /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 Kareem Mohideensahib 3rdane

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Kareem MohideenSahib 3rdane guideline value

The current guideline value of Kareem MohideenSahib 3rdane is Rs 3,900 per sq.ft. This street is located in Egmore village, under the Periamet SRO, and is classified as Residential Class III Type - I.

How the guideline value of Kareem MohideenSahib 3rdane has changed

The guideline value for Kareem MohideenSahib 3rdane has seen several revisions over the years. The 2007 revision set the value at Rs 1,500 per sq.ft, which then increased significantly to Rs 3,600 per sq.ft in the 2012 revision, marking a 140% increase. However, the value dropped to Rs 2,412 per sq.ft in the 2017 revision, a decrease of 33%. The most recent revisions show a rise to Rs 3,600 per sq.ft in 2023, followed by another increase to the current value of Rs 3,900 per sq.ft in the 2024 revision, reflecting an 8% change from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 160%. Notably, there are no figures available for the years 2002 and 2003 for this street.

Guideline values in Egmore

In Egmore, there are 465 streets under the Periamet SRO, with guideline values for 2024 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 the 2024 guideline value of Kareem MohideenSahib 3rdane below this median.

Stamp duty and registration fee for property in Kareem MohideenSahib 3rdane

For a 1,000 sq.ft plot at the current guideline value of Rs 3,900 per sq.ft, the total guideline value would be Rs 39,00,000. The stamp duty at 7% would be Rs 2,73,000, and the registration fee at 2% would be Rs 78,000, making the total cost Rs 3,51,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kareem MohideenSahib 3rdane?

The Sub Registrar Office that covers Kareem MohideenSahib 3rdane 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 of property transactions in Egmore. It serves as a benchmark for the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue from stamp duties and registration fees.

When buying or selling property, the guideline value is considered to determine the applicable stamp duty and registration fees. Buyers should be aware that these fees are calculated based on the higher of the guideline value or the actual sale price of the property.

Frequently asked questions

What is the current guideline value of Kareem MohideenSahib 3rdane?

The current guideline value of Kareem MohideenSahib 3rdane is Rs 3,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2007 to Rs 3,900 per sq.ft in 2024, marking a total increase of 160% over the years.

What is the land classification for Kareem MohideenSahib 3rdane?

Kareem MohideenSahib 3rdane is classified as Residential Class III Type - I.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office for Kareem MohideenSahib 3rdane is the Periamet Sub Registrar Office, located at 1103, Poonamallee High Road, Chennai-600 003.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 39,00,000 would incur a stamp duty of Rs 2,73,000 at a rate of 7%.