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Guideline Value

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Guideline Value for NAGATHAMMAN KOIL SATHYAVANI MUTHU 4TH LANE

₹2700/sq.ft.

The guideline value for Nagathamman Koil Sathyavani Muthu 4th Lane in Perambur village (Purasaivakkam SRO, Chennai zone) is Rs 2700 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Class Iii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Perambur

Village

Purasaivakkam

SRO

Residential Class III Type - II
History
Period Guideline Value
From 1-7-2024 ₹2700 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2500 /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)

93/1, Bricklin Road, Otteri, Chennai- 600 012.
044-26623514
[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 Nagathamman Koil Sathyavani Muthu 4th Lane

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Nagathamman Koil Sathyavani Muthu 4th Lane guideline value

The current guideline value of Nagathamman Koil Sathyavani Muthu 4th Lane is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Perambur village under the Purasaivakkam SRO, and it falls under the Residential Class III Type - II land classification.

How the guideline value of Nagathamman Koil Sathyavani Muthu 4th Lane has changed

The guideline value for Nagathamman Koil Sathyavani Muthu 4th Lane has undergone several revisions over the years. The 2012 revision set the value at Rs 2,500 per sq.ft, which was a decrease of 33% from the Rs 1,675 per sq.ft recorded in the 2017 revision. The value remained unchanged at Rs 2,500 per sq.ft in the 2012 revision until the 2023 revision, which increased it to Rs 2,500 per sq.ft.

The most recent revision in 2024 raised the guideline value to Rs 2,700 per sq.ft, marking an 8% increase from the previous year. Overall, from the 2012 revision to the 2024 revision, the guideline value has seen a modest increase of 8%.

Guideline values in Perambur

In Perambur, there are 1,114 streets under the Purasaivakkam SRO, with guideline values ranging from Rs 1,600 to Rs 7,100 per sq.ft. The median guideline value for these streets is Rs 2,700 per sq.ft, which is equal to the current value of Nagathamman Koil Sathyavani Muthu 4th Lane.

Stamp duty and registration fee for property in Nagathamman Koil Sathyavani Muthu 4th Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value would be Rs 27,00,000. The stamp duty at 7% would amount to Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, bringing the total cost to Rs 2,43,000. 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 detailed calculations.

Which Sub Registrar Office covers Nagathamman Koil Sathyavani Muthu 4th Lane?

The Sub Registrar Office that covers Nagathamman Koil Sathyavani Muthu 4th Lane is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. You can find your SRO for more information.

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

The guideline value is an important factor in the registration process when buying or selling property in Perambur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately in the official records.

When a property is sold, the buyer must pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Nagathamman Koil Sathyavani Muthu 4th Lane?

The current guideline value of Nagathamman Koil Sathyavani Muthu 4th Lane is Rs 2,700 per sq.ft, effective from 1 July 2024.

What was the guideline value in previous years?

The guideline value for Nagathamman Koil Sathyavani Muthu 4th Lane was Rs 2,500 per sq.ft in 2023, Rs 1,675 per sq.ft in 2017, and Rs 2,500 per sq.ft in 2012.

How much has the guideline value changed recently?

From 2023 to 2024, the guideline value increased by 8%. The overall change from 2012 to 2024 is an increase of 8% as well.

Which Sub Registrar Office should I visit for transactions in this area?

The Purasaivakkam Sub Registrar Office covers Nagathamman Koil Sathyavani Muthu 4th Lane. It is located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.

How is stamp duty calculated for property transactions?

Stamp duty is calculated based on the guideline value or the sale price of the property, whichever is higher. For example, for a property valued at Rs 27,00,000, the stamp duty would be Rs 1,89,000 at a rate of 7%.