Guideline Value for R.B.Avenue 6th Street
₹2700/sq.ft.
The guideline value for R.b.avenue 6th Street in Chembakkam village (Selaiyur SRO, Chengalpattu 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 I Type - Iii. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Chembakkam
Village
Selaiyur
SRO
Residential Class I Type - III
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 | ₹1675 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹2500 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹450 /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)
No.36,bharathmatha Salai(opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur,chennai - 600 073.
044-22391102
[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 R.b.avenue 6th 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
- Selaiyur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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R.B.Avenue 6th Street guideline value
The current guideline value of R.B.Avenue 6th Street is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Chembakkam village, under the Selaiyur SRO, and is classified as Residential Class I Type - III.
How the guideline value of R.B.Avenue 6th Street has changed
Over the years, the guideline value of R.B.Avenue 6th Street has seen several revisions. The earliest recorded figure is from 2007, where the value was Rs 450 per sq.ft. This increased significantly to Rs 2,500 per sq.ft by 2012, but then dropped to Rs 1,675 per sq.ft in 2017. The value rose again to Rs 2,500 per sq.ft in 2023, and currently stands at Rs 2,700 per sq.ft following the 2024 revision.
The changes between the revisions are notable. From 2007 to 2012, there was an increase of 456%, followed by a decrease of 33% from 2012 to 2017. However, the value surged by 49% from 2017 to 2023, and then increased by 8% from 2023 to 2024. Overall, the guideline value has increased by 500% from 2007 to 2024.
Guideline values in Chembakkam
In Chembakkam, there are 472 streets under the Selaiyur SRO that carry a 2024 guideline value ranging from Rs 850 to Rs 6,700 per sq.ft, with a median value of Rs 2,200 per sq.ft. R.B.Avenue 6th Street's current value exceeds this median.
- R.B.Avenue 5th Street: Rs 2,700 per sq.ft (2024)
- R.B.Avenue 7th Street: Rs 2,700 per sq.ft (2024)
- R.B.Avenue 4th Street: Rs 2,700 per sq.ft (2024)
- R.B.Avenue Main Road: Rs 2,700 per sq.ft (2024)
- R.B.Avenue 3rd Street: Rs 2,700 per sq.ft (2024)
- R.B.Avenue 2nd Street: Rs 2,700 per sq.ft (2024)
Stamp duty and registration fee for property in R.B.Avenue 6th Street
For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value amounts to Rs 27,00,000. The stamp duty at 7% would be Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, bringing the total to Rs 2,43,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.
For more details, you can use the stamp duty and registration fee calculator.
Which Sub Registrar Office covers R.B.Avenue 6th Street?
The Sub Registrar Office that covers R.B.Avenue 6th Street is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Chembakkam
The guideline value plays a crucial role in the registration process when buying or selling property in Chembakkam. It serves as a reference point for determining the stamp duty and registration fees applicable to a property transaction.
When a property is registered, the guideline value is compared with 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 of R.B.Avenue 6th Street?
The current guideline value of R.B.Avenue 6th Street 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 significantly, starting from Rs 450 per sq.ft in 2007 to Rs 2,700 per sq.ft in 2024, with various increases and decreases in between.
What is the median guideline value in Chembakkam?
The median guideline value in Chembakkam is Rs 2,200 per sq.ft, with R.B.Avenue 6th Street's value being above this median.
What are the registration fees for property in R.B.Avenue 6th Street?
The registration fees include a stamp duty of 7% and a registration fee of 2%, calculated based on the higher of the guideline value or the sale price.
Where is the Sub Registrar Office for R.B.Avenue 6th Street located?
The Selaiyur Sub Registrar Office is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073.
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