Guideline Value for S.S. Sabai Colony
₹1900/sq.ft.
The guideline value for S.s. Sabai Colony in Rajakilpakkam village (Selaiyur SRO, Chengalpattu 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 I Type - Ii. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Rajakilpakkam
Village
Selaiyur
SRO
Residential Class I Type - II
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 | 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.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 S.s. Sabai Colony
- 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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S.S. Sabai Colony guideline value
The current guideline value of S.S. Sabai Colony is Rs 1,900 per sq.ft, effective from 1 July 2024. This area is located in Rajakilpakkam village, under the Selaiyur SRO, and is classified as Residential Class I Type - II.
How the guideline value of S.S. Sabai Colony has changed
The guideline value for S.S. Sabai Colony has undergone several revisions over the years. The 2012 revision set the value at Rs 1,800 per sq.ft, which then decreased to Rs 1,206 per sq.ft in 2017, marking a decline of 33%. Following this, the value increased significantly to Rs 1,800 per sq.ft in 2023, and further rose to Rs 1,900 per sq.ft in 2024, reflecting a 6% increase.
From 2017 to 2023, there was a substantial increase of 49%. Overall, from 2012 to 2024, the guideline value has seen a modest increase of 6%. The register has no figures for the years 2002, 2003, and 2007 for this street.
Guideline values in Rajakilpakkam
In Rajakilpakkam, there are 384 streets under the Selaiyur SRO with a 2024 guideline value ranging from Rs 850 to Rs 5,000 per sq.ft. The median guideline value in this village is Rs 2,150 per sq.ft, placing S.S. Sabai Colony's 2024 figure below that median.
- Sri Yogeswara Nagar III: Rs 1,300 per sq.ft (2024)
- Sri Yogeshwari Nagar II: Rs 1,300 per sq.ft (2024)
- Sri Yogeshwari Nagar I: Rs 1,300 per sq.ft (2024)
- Sri Venkateswara Nagar: Rs 2,700 per sq.ft (2024)
- Sudar Avenue: Rs 2,150 per sq.ft (2024)
- Sundaram Colony 1st Main Road: Rs 1,900 per sq.ft (2024)
Stamp duty and registration fee for property in S.S. Sabai Colony
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, bringing the total to 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 S.S. Sabai Colony?
The Sub Registrar Office that covers S.S. Sabai Colony 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 Rajakilpakkam
The guideline value is a crucial factor in property transactions in Rajakilpakkam, as it determines the minimum value at which property can be registered. When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees, ensuring compliance with local regulations.
During the registration process, buyers should be aware that the stamp duty is charged on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions.
Frequently asked questions
What is the current guideline value of S.S. Sabai Colony?
The current guideline value of S.S. Sabai Colony 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 from Rs 1,800 per sq.ft in 2012 to Rs 1,206 per sq.ft in 2017, then increased to Rs 1,800 per sq.ft in 2023, and finally to Rs 1,900 per sq.ft in 2024.
What is the registration office for S.S. Sabai Colony?
The registration office for S.S. Sabai Colony is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai, Ruby Mansion, East Tambaram, Chennai - 600 073.
What are the stamp duty and registration fees for property in S.S. Sabai Colony?
For a property valued at 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.
What is the median guideline value in Rajakilpakkam?
The median guideline value in Rajakilpakkam is Rs 2,150 per sq.ft, with S.S. Sabai Colony's current value being below this median.
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