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Guideline Value

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Guideline Value for Pavazha Kalyana Sundara Mudaliyar Road

₹1900/sq.ft.

The guideline value for Pavazha Kalyana Sundara Mudaliyar Road in Sembiam village (Sembiam SRO, Chennai zone) is Rs 1900 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Sembiam

Village

Sembiam

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹1900 /sq.ft.
From 1-4-2023 ₹1800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1206 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1800 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹700 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹372 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹343 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

5, Papermills Road, Sembiam, Chennai - 600011.
044-26702002
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Pavazha Kalyana Sundara Mudaliyar Road

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Pavazha Kalyana Sundara Mudaliyar Road guideline value

The current guideline value for Pavazha Kalyana Sundara Mudaliyar Road is Rs 1,900 per sq.ft, effective from 1 July 2024. This road is located in Sembiam village, under the Sembiam SRO, and is classified as Residential Class II Type - I.

How the guideline value of Pavazha Kalyana Sundara Mudaliyar Road has changed

The guideline value for Pavazha Kalyana Sundara Mudaliyar Road has seen several revisions over the years. The earliest recorded figure is from 2002, where the value was Rs 343 per sq.ft. This increased to Rs 372 per sq.ft in 2003, marking an 8% rise. By 2007, the value had significantly jumped to Rs 700 per sq.ft, reflecting an 88% increase. The 2012 revision saw the value rise to Rs 1,800 per sq.ft, a substantial 157% increase from the previous figure. However, in 2017, the value dropped to Rs 1,206 per sq.ft, a decrease of 33%. The guideline value then increased to Rs 1,800 per sq.ft in 2023, before reaching the current figure of Rs 1,900 per sq.ft in 2024, which is a 6% increase.

Overall, from 2002 to 2024, the guideline value has increased by 454%. It is important to note that the register has no figures for the years not mentioned in the revisions.

Guideline values in Sembiam

In Sembiam, there are 250 streets under the Sembiam SRO carrying a 2024 guideline value ranging from Rs 1,700 to Rs 7,100 per sq.ft, with a median value of Rs 2,700 per sq.ft. The guideline value for Pavazha Kalyana Sundara Mudaliyar Road is below this median.

Stamp duty and registration fee for property in Pavazha Kalyana Sundara Mudaliyar Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,900 per sq.ft, the total guideline value would be Rs 19,00,000. The stamp duty at 7% would amount to Rs 1,33,000, and the registration fee at 2% would be Rs 38,000. Together, these fees would total Rs 1,71,000. It is important to note that 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 details.

Which Sub Registrar Office covers Pavazha Kalyana Sundara Mudaliyar Road?

The Sub Registrar Office covering Pavazha Kalyana Sundara Mudaliyar Road is the Sembiam Sub Registrar Office, located at 5, Papermills Road, Sembiam, Chennai - 600011. To find your SRO, you can visit find your SRO.

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

The guideline value is a critical component in the property registration process in Sembiam. It serves as the basis for calculating stamp duty and registration fees, ensuring that these charges are aligned with the property's assessed value.

When buying or selling property, the guideline value helps in determining the legal value of the transaction. It is essential for both buyers and sellers to be aware of the current guideline value to ensure compliance with registration requirements.

Frequently asked questions

What is the current guideline value of Pavazha Kalyana Sundara Mudaliyar Road?

The current guideline value of Pavazha Kalyana Sundara Mudaliyar Road is Rs 1,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 343 per sq.ft in 2002 to Rs 1,900 per sq.ft in 2024, reflecting an overall increase of 454% over the years.

What are the stamp duty and registration fees for property on this road?

For a 1,000 sq.ft plot, the total guideline value would be Rs 19,00,000. The stamp duty would be Rs 1,33,000, and the registration fee would be Rs 38,000, totaling Rs 1,71,000.

Which office handles property registration for Pavazha Kalyana Sundara Mudaliyar Road?

The Sembiam Sub Registrar Office, located at 5, Papermills Road, Sembiam, Chennai - 600011, handles property registration for this road.

How does the guideline value affect property transactions?

The guideline value is used to calculate the stamp duty and registration fees during property transactions. It is essential for both buyers and sellers to understand the current guideline value to comply with registration requirements.