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Guideline Value

Corporate

Guideline Value for Mariamman Koil 1st Main Road

₹950/sq.ft.

The guideline value for Mariamman Koil 1st Main Road in Selaiyur village (Selaiyur SRO, Chengalpattu zone) is Rs 950 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class Iv Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Selaiyur

Village

Selaiyur

SRO

Residential Class IV Type - II
History
Period Guideline Value
From 1-7-2024 ₹950 /sq.ft.
From 1-4-2023 ₹900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹603 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹900 /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)

No.36,bharathmatha Salai(opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur,chennai - 600 073.
044-22391102
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Mariamman Koil 1st Main Road

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Mariamman Koil 1st Main Road guideline value

The current guideline value for Mariamman Koil 1st Main Road is Rs 950 per sq.ft, effective from 1 July 2024. This street is located in Selaiyur village, under the Selaiyur SRO, and is classified as Residential Class IV Type - II.

How the guideline value of Mariamman Koil 1st Main Road has changed

The guideline value for Mariamman Koil 1st Main Road has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 950 per sq.ft, an increase from Rs 900 per sq.ft in 2023, reflecting a change of +6%. Prior to that, the value was Rs 603 per sq.ft in 2017, which marked a significant increase of +49% from the previous revision.

In earlier revisions, the guideline value was Rs 900 per sq.ft in 2012. This was a decrease of -33% from the 2017 figure. The register has no figures for the years 2002, 2003, and 2007 for this street. Overall, comparing 2012 to 2024, the guideline value has increased by +6%.

Guideline values in Selaiyur

In Selaiyur, there are 478 streets under the Selaiyur SRO, with 2024 guideline values ranging from Rs 850 to Rs 6,500 per sq.ft. The median value for these streets is Rs 2,200 per sq.ft, indicating that the guideline value for Mariamman Koil 1st Main Road is below this median.

Stamp duty and registration fee for property in Mariamman Koil 1st Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 950 per sq.ft, the total guideline value amounts to Rs 9,50,000. The stamp duty at 7% would be Rs 66,500, and the registration fee at 2% would be Rs 19,000, making the total cost for these fees Rs 85,500. It is important to note that 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 details.

Which Sub Registrar Office covers Mariamman Koil 1st Main Road?

The Sub Registrar Office that covers Mariamman Koil 1st Main Road is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, 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 Selaiyur

The guideline value plays a crucial role during property transactions in Selaiyur. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees applicable to the transaction. These fees are calculated based on the guideline value or the sale price, whichever is higher.

It is essential for buyers and sellers to be aware of the guideline value to ensure compliance with local regulations and to avoid any discrepancies during the registration process. Understanding the guideline value can help in making informed decisions during property transactions.

Frequently asked questions

What is the current guideline value of Mariamman Koil 1st Main Road?

The current guideline value of Mariamman Koil 1st Main Road is Rs 950 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 900 per sq.ft in 2023 to Rs 950 per sq.ft in 2024, a +6% increase. It was Rs 603 per sq.ft in 2017 and Rs 900 per sq.ft in 2012, showing a +49% increase from 2017 to 2023.

What is the land classification of Mariamman Koil 1st Main Road?

Mariamman Koil 1st Main Road is classified as Residential Class IV Type - II.

What is the registration office for Mariamman Koil 1st Main Road?

The registration office for Mariamman Koil 1st Main Road is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073.

How is the stamp duty calculated for properties in Mariamman Koil 1st Main Road?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 950 per sq.ft, the stamp duty would be Rs 66,500.