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Guideline Value

Corporate

Guideline Value for Mariamman Koil 1st Street

₹950/sq.ft.

The guideline value for Mariamman Koil 1st Street 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 Street

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Mariamman Koil 1st Street guideline value

The current guideline value of Mariamman Koil 1st Street is Rs 950 per sq.ft, effective from 1 July 2024. This street is located in Selaiyur village and falls under the Selaiyur SRO. The land classification for this area is Residential Class IV Type - II.

How the guideline value of Mariamman Koil 1st Street has changed

The guideline value for Mariamman Koil 1st Street has undergone several revisions over the years. In 2012, the value was set at Rs 900 per sq.ft. This figure remained unchanged until the next revision in 2017, where it decreased to Rs 603 per sq.ft, marking a decline of 33%. However, the value rebounded to Rs 900 per sq.ft in 2023, before reaching the current rate of Rs 950 per sq.ft in 2024, which represents a 6% increase from the previous year.

From 2017 to 2023, the guideline value experienced a significant increase of 49%. Overall, comparing the figures from 2012 to 2024, there has been a modest increase of 6%. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Selaiyur

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

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

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, bringing the total to Rs 85,500. 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 Mariamman Koil 1st Street?

The Sub Registrar Office that covers Mariamman Koil 1st Street 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 further assistance.

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

The guideline value is a crucial factor in property transactions in Selaiyur, as it determines the minimum value at which a property can be registered. Buyers and sellers must be aware that the guideline value will influence the stamp duty and registration fees applicable during the transaction.

When registering a property, the higher of the guideline value and the agreed sale price will be used to calculate the stamp duty. This ensures that the registration reflects the true value of the property being transferred.

Frequently asked questions

What is the current guideline value for Mariamman Koil 1st Street?

The current guideline value for Mariamman Koil 1st Street 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 2012 to Rs 603 per sq.ft in 2017, then back to Rs 900 per sq.ft in 2023, and finally to Rs 950 per sq.ft in 2024.

What is the land classification for Mariamman Koil 1st Street?

The land classification for Mariamman Koil 1st Street is Residential Class IV Type - II.

What is the median guideline value in Selaiyur?

The median guideline value in Selaiyur is Rs 2,200 per sq.ft, indicating that the guideline value for Mariamman Koil 1st Street is below this median.

Where is the Selaiyur Sub Registrar Office located?

The Selaiyur Sub Registrar Office is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073.