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Guideline Value

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Guideline Value for Mariamman Koil 2nd Cross Street

₹950/sq.ft.

The guideline value for Mariamman Koil 2nd Cross 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 2nd Cross Street

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Mariamman Koil 2nd Cross Street guideline value

The current guideline value of Mariamman Koil 2nd Cross Street 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 2nd Cross Street has changed

The guideline value of Mariamman Koil 2nd Cross Street has undergone several revisions over the years. The earliest recorded revision was in 2012, where the value was Rs 900 per sq.ft. This was followed by a decrease in 2017, where the value dropped to Rs 603 per sq.ft. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value up to Rs 900 per sq.ft. The most recent revision in 2024 saw a further increase to Rs 950 per sq.ft, marking a 6% rise from the previous year.

It is important to note that there are no recorded guideline values for Mariamman Koil 2nd Cross Street in the revisions of 2002, 2003, and 2007. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 6%.

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 guideline value of Mariamman Koil 2nd Cross Street is below this median.

Stamp duty and registration fee for property in Mariamman Koil 2nd Cross Street

For a 1,000 sq.ft plot at the current rate of Rs 950 per sq.ft, the guideline value would be Rs 9,50,000. The stamp duty at 7% would amount to Rs 66,500, and the registration fee at 2% would be Rs 19,000, totaling Rs 85,500. It is important to note that the 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 detailed calculations.

Which Sub Registrar Office covers Mariamman Koil 2nd Cross Street?

The Sub Registrar Office that covers Mariamman Koil 2nd Cross 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 more information.

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

The guideline value is a crucial factor when registering a property in Selaiyur. It serves as a benchmark for determining the minimum value of a property for registration purposes. Buyers and sellers must be aware that the guideline value can influence the overall cost of transactions, including applicable duties and fees.

When a property is sold, the registration office uses the guideline value to calculate the stamp duty and registration fees. This ensures that the fees are based on a standardized value, which helps maintain transparency in property transactions.

Frequently asked questions

What is the current guideline value of Mariamman Koil 2nd Cross Street?

The current guideline value of Mariamman Koil 2nd Cross 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 increased to Rs 900 per sq.ft in 2023, and finally to Rs 950 per sq.ft in 2024.

What is the land classification of Mariamman Koil 2nd Cross Street?

Mariamman Koil 2nd Cross Street is classified as Residential Class IV Type - II.

What is the stamp duty for property in Mariamman Koil 2nd Cross Street?

The stamp duty for property in Mariamman Koil 2nd Cross Street is 7% of the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office for Mariamman Koil 2nd Cross Street located?

The Sub Registrar Office for Mariamman Koil 2nd Cross Street is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073.