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Guideline Value

Corporate

Guideline Value for Kareem MohideenSahib 6th lane

₹3900/sq.ft.

The guideline value for Kareem Mohideensahib 6th Lane 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 ₹826 /sq.ft.
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 6th Lane

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Kareem MohideenSahib 6th lane guideline value

The current guideline value of Kareem MohideenSahib 6th lane is Rs 3,900 per sq.ft, effective from 1 July 2024. 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 6th lane has changed

The guideline value for Kareem MohideenSahib 6th lane has undergone several revisions over the years. The earliest recorded figure is from 2003, with a guideline value of Rs 826 per sq.ft. This value increased to Rs 1,500 per sq.ft in 2007, marking a significant rise of 82%. The next revision in 2012 saw a decrease to Rs 3,600 per sq.ft, a drop of 33%. In 2017, the value increased again to Rs 2,412 per sq.ft, and then rose sharply to Rs 3,600 per sq.ft in 2023, before reaching the current value of Rs 3,900 per sq.ft in 2024, which is an increase of 8% from the previous year.

Overall, from 2003 to 2024, the guideline value has increased by 372%. However, there is no registered figure for the year 2002 for this street.

Guideline values in Egmore

In Egmore, there are 465 streets under the Periamet SRO, with guideline values ranging from Rs 2,800 to Rs 22,000 per sq.ft. The median guideline value for these streets is Rs 7,100 per sq.ft, placing Kareem MohideenSahib 6th lane's value below this median.

Stamp duty and registration fee for property in Kareem MohideenSahib 6th lane

For a 1,000 sq.ft plot at the current guideline value of Rs 3,900 per sq.ft, the total guideline value amounts to 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, resulting in a total of 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.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kareem MohideenSahib 6th lane?

The Sub Registrar Office that covers Kareem MohideenSahib 6th lane 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 is a critical figure used during the registration of property transactions in Egmore. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on a standardized valuation.

When buying or selling property, it is essential to be aware of the guideline value as it influences the overall costs involved in the transaction. Buyers should ensure they are informed about the current guideline value to avoid any surprises during the registration process.

Frequently asked questions

What is the current guideline value of Kareem MohideenSahib 6th lane?

The current guideline value of Kareem MohideenSahib 6th lane 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 826 per sq.ft in 2003 to Rs 3,900 per sq.ft in 2024, reflecting an overall increase of 372% over the years.

What is the stamp duty rate for property in this area?

The stamp duty rate for property in Kareem MohideenSahib 6th lane is 7%, which is applied to the higher of the guideline value or the sale price.

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

The Sub Registrar Office covering Kareem MohideenSahib 6th lane is the Periamet Sub Registrar Office, located at 1103, Poonamallee High Road, Chennai-600 003.

What are the guideline values of other streets in Egmore?

Other streets in Egmore under the Periamet SRO have guideline values ranging from Rs 3,900 per sq.ft, similar to Kareem MohideenSahib 6th lane, to higher values up to Rs 22,000 per sq.ft.