Guideline Value for Parijadham Street
₹1100/sq.ft.
The guideline value for Parijadham Street in Peerklankaranai village (Tambaram Joint 1 SRO, Chengalpattu zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Peerklankaranai
Village
Tambaram Joint 1
SRO
Residential Class II Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1100 /sq.ft. |
| From 1-4-2023 | ₹1000 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹670 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹1000 /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)
No.26,mes Road, East Tambaram, Chennai-600059.
044-22397171
[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]
Records for a plot on Parijadham Street
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Tambaram Joint 1 sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Parijadham Street guideline value
The current guideline value of Parijadham Street in Peerklankaranai village is Rs 1,100 per sq.ft, effective from 1 July 2024. This street falls under the Tambaram Joint 1 SRO and is classified as Residential Class II Type - I.
How the guideline value of Parijadham Street has changed
The guideline value for Parijadham Street has seen several revisions over the years. The earliest recorded figure is from 2012, where the value was Rs 1,000 per sq.ft. This was followed by a decrease to Rs 670 per sq.ft in 2017. The 2023 revision brought the value back up to Rs 1,000 per sq.ft, and the most recent 2024 revision has set the guideline value at Rs 1,100 per sq.ft, representing a 10% increase from the previous year.
Between the revisions, the changes were significant. From 2017 to 2023, there was a notable increase of 49%. However, from 2012 to 2017, the value decreased by 33%. Overall, from 2012 to 2024, the guideline value has increased by 10%.
Guideline values in Peerklankaranai
In Peerklankaranai, there are 322 streets under the Tambaram Joint 1 SRO that carry a 2024 guideline value, ranging from Rs 880 to Rs 4,400 per sq.ft. The median value for these streets is Rs 1,650 per sq.ft, making the 2024 guideline value of Parijadham Street below this median.
- Pathmanaban Street: Rs 1,320 per sq.ft (2024)
- Perarinjar Anna Street: Rs 1,320 per sq.ft (2024)
- Perumal Koil Street: Rs 1,320 per sq.ft (2024)
- P.M.D. Nagar: Rs 1,650 per sq.ft (2024)
- P.M.D. Nagar 1St Street: Rs 1,650 per sq.ft (2024)
- P.M.D. Nagar 2St Street: Rs 1,650 per sq.ft (2024)
Stamp duty and registration fee for property in Parijadham Street
For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, while the registration fee at 2% would be Rs 22,000, bringing the total fees together to Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.
For more information on calculating fees, you can use the stamp duty and registration fee calculator.
Which Sub Registrar Office covers Parijadham Street?
The Sub Registrar Office that covers Parijadham Street is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, in the Chengalpattu registration zone. You can find your SRO for more details.
How the guideline value is used when you buy or sell in Peerklankaranai
The guideline value is a crucial factor when buying or selling property in Peerklankaranai. It is used to determine the stamp duty and registration fees that need to be paid during the registration process. Buyers should be aware that these fees are calculated based on the guideline value or the sale price, whichever is higher.
When registering a property, it is essential to ensure that the transaction reflects the current guideline value to avoid any discrepancies. This helps in maintaining transparency and compliance with the regulations set by the Registration Department.
Frequently asked questions
What is the current guideline value of Parijadham Street?
The current guideline value of Parijadham Street is Rs 1,100 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then back to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,100 per sq.ft in 2024.
What is the land classification of Parijadham Street?
Parijadham Street is classified as Residential Class II Type - I, which indicates its designation for residential use.
What are the stamp duty and registration fees for properties in Parijadham Street?
For a property valued at Rs 11,00,000, the stamp duty would be Rs 77,000 and the registration fee would be Rs 22,000, totaling Rs 99,000.
Which office handles the registration for Parijadham Street?
The Tambaram Joint 1 Sub Registrar Office handles the registration for Parijadham Street, located at No.26, Mes Road, East Tambaram, Chennai-600059.
Ask the records, or walk the map.
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