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Guideline Value

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Guideline Value for NAGATHAMMAN KOIL SATHYAVANIMUTHU 6TH LANE

₹2700/sq.ft.

The guideline value for Nagathamman Koil Sathyavanimuthu 6th 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 N/A
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 Sathyavanimuthu 6th Lane

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Nagathamman Koil Sathyavanimuthu 6th Lane guideline value

The current guideline value of Nagathamman Koil Sathyavanimuthu 6th 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 falls under the Residential Class III Type - II land classification.

How the guideline value of Nagathamman Koil Sathyavanimuthu 6th Lane has changed

In the 2012 revision, the guideline value was set at Rs 2,500 per sq.ft. This figure remained unchanged in the 2023 revision. However, in the 2024 revision, the guideline value increased to Rs 2,700 per sq.ft, marking an 8% increase from the previous year. Overall, from 2012 to 2024, the guideline value rose by 8%.

It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2017 for this street. Thus, the only revisions available for reference are from 2012, 2023, and 2024.

Guideline values in Perambur

In Perambur, there are a total of 1,114 streets under the Purasaivakkam SRO that carry a 2024 guideline value, 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 for Nagathamman Koil Sathyavanimuthu 6th Lane.

Stamp duty and registration fee for property in Nagathamman Koil Sathyavanimuthu 6th 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 for these fees to Rs 2,43,000. It is important to note that duty is charged on the higher of the guideline value and the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Nagathamman Koil Sathyavanimuthu 6th Lane?

The Nagathamman Koil Sathyavanimuthu 6th Lane is covered by the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Perambur. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When registering a property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Nagathamman Koil Sathyavanimuthu 6th Lane?

The current guideline value for Nagathamman Koil Sathyavanimuthu 6th Lane is Rs 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,500 per sq.ft in 2012 to Rs 2,500 per sq.ft in 2023, and then increased to Rs 2,700 per sq.ft in 2024, marking an overall increase of 8% from 2012 to 2024.

What is the land classification for this area?

Nagathamman Koil Sathyavanimuthu 6th Lane falls under the Residential Class III Type - II land classification.

What is the stamp duty rate for property transactions?

The stamp duty rate for property transactions in this area is 7% of the guideline value or sale price, whichever is higher.

Which office handles registrations for this street?

The Purasaivakkam Sub Registrar Office handles registrations for Nagathamman Koil Sathyavanimuthu 6th Lane, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.