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Guideline Value

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Guideline Value for Mariamman Koil 5th Cross Street

₹950/sq.ft.

The guideline value for Mariamman Koil 5th 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 ₹400 /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)

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 5th Cross Street

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Mariamman Koil 5th Cross Street guideline value

The current guideline value of Mariamman Koil 5th 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 5th Cross Street has changed

The guideline value for Mariamman Koil 5th Cross Street has undergone several revisions over the years. In the 2007 revision, the value was Rs 400 per sq.ft. This increased significantly to Rs 900 per sq.ft in the 2012 revision, but then decreased to Rs 603 per sq.ft in the 2017 revision. Following this, the value rose to Rs 900 per sq.ft in the 2023 revision, and finally, it has reached Rs 950 per sq.ft in the 2024 revision, marking a 6% increase from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 138%. There are no figures available for the revisions in 2002 and 2003 for this street.

Guideline values in Selaiyur

In Selaiyur village, 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, placing the 2024 figure for Mariamman Koil 5th Cross Street below this median.

Stamp duty and registration fee for property in Mariamman Koil 5th Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 950 per sq.ft, the total 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, bringing the total fees to Rs 85,500. Please note that duty is charged on the higher of the guideline value and the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Mariamman Koil 5th Cross Street?

The Sub Registrar Office that covers Mariamman Koil 5th 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 plays a crucial role in the registration process when buying or selling property in Selaiyur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When a property is sold, the buyer and seller must consider the guideline value to calculate the applicable fees. This value is essential in ensuring transparency and fairness in property transactions, as it reflects the official valuation set by the government for different areas.

Frequently asked questions

What is the current guideline value of Mariamman Koil 5th Cross Street?

The current guideline value of Mariamman Koil 5th 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 400 per sq.ft in 2007 to Rs 950 per sq.ft in 2024, with several revisions in between, including a decrease in 2017 and increases in 2023 and 2024.

What is the median guideline value in Selaiyur?

The median guideline value in Selaiyur village is Rs 2,200 per sq.ft, which is higher than the current value of Mariamman Koil 5th Cross Street.

What fees are associated with buying property in Mariamman Koil 5th Cross Street?

When buying property, the stamp duty is charged at 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, these fees total Rs 85,500.

Where is the Sub Registrar Office for Mariamman Koil 5th Cross Street 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.