Guideline Value

Corporate

Guideline Value for POLICE QUARTERS STREET

₹4400/sq.ft.

The guideline value for Police Quarters Street in Saidapet village (Chennai South Joint Ii 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 Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Saidapet

Village

Chennai South Joint II

SRO

Residential Class II 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 ₹2680 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1100 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹555 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹443 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510538
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Police Quarters 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

Police Quarters Street guideline value

The current guideline value of Police Quarters Street is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Saidapet village, under the Chennai South Joint II SRO, and is classified as Residential Class II Type - II.

How the guideline value of Police Quarters Street has changed

The guideline value for Police Quarters Street has seen several revisions over the years. In 2002, the guideline value was Rs 443 per sq.ft, which increased to Rs 555 per sq.ft in 2003, marking a 25% rise. Following this, the value rose significantly to Rs 1,100 per sq.ft in 2007, reflecting a 98% increase. The value then surged to Rs 4,000 per sq.ft in 2012, showing a remarkable 264% increase. However, it dropped to Rs 2,680 per sq.ft in 2017, which was a decrease of 33%. The 2023 revision brought the value back up to Rs 4,000 per sq.ft, and the latest revision in 2024 has set it at Rs 4,400 per sq.ft, a 10% increase from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by 893%. There are no revisions for the years not listed in the register for Police Quarters Street.

Guideline values in Saidapet

In Saidapet, there are 106 streets under the Chennai South Joint II SRO that have a 2024 guideline value, ranging from Rs 3,300 to Rs 13,200 per sq.ft. The median value for these streets is Rs 4,400 per sq.ft, which is equal to the current guideline value of Police Quarters Street.

Stamp duty and registration fee for property in Police Quarters Street

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total 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, making the total 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. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Police Quarters Street?

The Sub Registrar Office that covers Police Quarters Street is the Chennai South Joint II Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035. You can find your SRO for more details.

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

The guideline value is a crucial factor during the registration of property transactions in Saidapet. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When purchasing property, the buyer must ensure that the sale price is at least equal to the guideline value to avoid any discrepancies during registration. This ensures that all legal requirements are met and that the transaction is recorded accurately in the official register.

Frequently asked questions

What is the current guideline value of Police Quarters Street?

The current guideline value of Police Quarters 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 changed from Rs 443 per sq.ft in 2002 to Rs 4,400 per sq.ft in 2024, showing an overall increase of 893% over the years.

What is the stamp duty rate for properties in Police Quarters Street?

The stamp duty rate for properties in Police Quarters Street is 7% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Police Quarters Street located?

The Sub Registrar Office for Police Quarters Street is located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035.

What are the other streets in Saidapet with their guideline values?

Other streets in Saidapet include Police Lane at Rs 3,300 per sq.ft, and several Perumal Koil streets ranging from Rs 4,950 per sq.ft. You can find the details of these streets in the guideline value register.