Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for PERIYAR NAGAR (T.N.H.B) 27th STREET

₹4400/sq.ft.

The guideline value for Periyar Nagar (t.n.h.b) 27th Street in Korattur village (Villivakkam SRO, Chennai zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Korattur

Village

Villivakkam

SRO

Mixed Type - II
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹4000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹600 /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)

Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 ( Near By Nolambur Eb Office )
044-29561092
[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 Periyar Nagar (t.n.h.b) 27th Street

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

PERIYAR NAGAR (T.N.H.B) 27th STREET guideline value

The current guideline value of PERIYAR NAGAR (T.N.H.B) 27th STREET is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Korattur village and falls under the Villivakkam SRO, classified as Mixed Type - II.

How the guideline value of PERIYAR NAGAR (T.N.H.B) 27th STREET has changed

In the 2007 revision, the guideline value was Rs 600 per sq.ft. This figure saw a significant increase in the 2012 revision, where it remained at Rs 4,000 per sq.ft. The 2023 revision also maintained this value at Rs 4,000 per sq.ft. However, the latest 2024 revision has raised the guideline value to Rs 4,400 per sq.ft, marking a 10% increase from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 633%. Notably, there are no figures available for the years 2002, 2003, and 2017 in the register for this street.

Guideline values in Korattur

In Korattur, there are 617 streets under the Villivakkam SRO, with guideline values ranging from Rs 1,100 to Rs 8,200 per sq.ft. The median guideline value for these streets is Rs 2,500 per sq.ft, placing PERIYAR NAGAR (T.N.H.B) 27th STREET above this median at Rs 4,400 per sq.ft.

Stamp duty and registration fee for property in PERIYAR NAGAR (T.N.H.B) 27th STREET

For a 1,000 sq.ft plot at the current rate of Rs 4,400 per sq.ft, the guideline value amounts to Rs 44,00,000. The stamp duty at 7% would be Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, resulting in a total of Rs 3,96,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers PERIYAR NAGAR (T.N.H.B) 27th STREET?

The Sub Registrar Office that covers PERIYAR NAGAR (T.N.H.B) 27th STREET is the Villivakkam Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 (Near By Nolambur Eb Office). You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration process when buying or selling property in Korattur. It determines the minimum value at which the property can be registered and is used to calculate the stamp duty and registration fees applicable to the transaction.

Frequently asked questions

What is the current guideline value for PERIYAR NAGAR (T.N.H.B) 27th STREET?

The current guideline value for PERIYAR NAGAR (T.N.H.B) 27th STREET is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen significant changes, increasing from Rs 600 per sq.ft in 2007 to Rs 4,400 per sq.ft in 2024. The most notable increase occurred between 2007 and 2012, where it rose by 567%.

What is the land classification for PERIYAR NAGAR (T.N.H.B) 27th STREET?

PERIYAR NAGAR (T.N.H.B) 27th STREET is classified as Mixed Type - II according to the land classification standards.

Where can I find the Sub Registrar Office for this area?

The Villivakkam Sub Registrar Office covers PERIYAR NAGAR (T.N.H.B) 27th STREET, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 44,00,000 would incur a stamp duty of Rs 3,08,000 at 7%.