Guideline Value

Corporate

Guideline Value for SAI AVENUE

₹1650/sq.ft.

The guideline value for Sai Avenue in Perumpakkam village (Tiruvallur Joint 1 SRO, Chennai zone) is Rs 1650 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Perumpakkam

Village

Tiruvallur Joint 1

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1650 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 N/A
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.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.
044-27666992
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Sai Avenue

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Sai Avenue guideline value

The current guideline value of Sai Avenue is Rs 1,650 per sq.ft, effective from 1 July 2024. This street is located in Perumpakkam village and falls under the Tiruvallur Joint 1 SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Sai Avenue has changed

The guideline value for Sai Avenue has undergone several revisions over the years. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 1,500 per sq.ft. This increased by 10% to reach Rs 1,650 per sq.ft in the 2024 revision.

With the 2024 revision, Sai Avenue's guideline value is now above the median value of Rs 770 per sq.ft for the 17 streets in Perumpakkam under the Tiruvallur Joint 1 SRO. The increase from 2023 to 2024 reflects a significant adjustment in property valuation for this street.

Guideline values in Perumpakkam

In Perumpakkam, the guideline values for various streets range from Rs 680 to Rs 1,650 per sq.ft as of the 2024 revision. Sai Avenue's current value of Rs 1,650 per sq.ft is notably higher than the median value. The following are the guideline values for other streets in Perumpakkam:

Stamp duty and registration fee for property in Sai Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value amounts to Rs 16,50,000. The stamp duty at 7% would be Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, making the total cost for these fees Rs 1,48,500. It is important to note that the 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 precise calculations based on your property details.

Which Sub Registrar Office covers Sai Avenue?

The Sub Registrar Office that covers Sai Avenue is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Perumpakkam. It serves as a benchmark for determining the minimum value at which a property can be registered. When buying or selling a property, the guideline value is used to calculate the applicable stamp duty and registration fees.

During the registration process, the higher value between the guideline value and the sale price will be considered for calculating the duties. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Sai Avenue?

The current guideline value of Sai Avenue is Rs 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Sai Avenue was Rs 1,500 per sq.ft in 2023 and increased to Rs 1,650 per sq.ft in 2024. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the median guideline value in Perumpakkam?

The median guideline value for the 17 streets in Perumpakkam under the Tiruvallur Joint 1 SRO is Rs 770 per sq.ft. Sai Avenue's current value is above this median.

What are the stamp duty and registration fees for property in Sai Avenue?

For a 1,000 sq.ft plot at the guideline value of Rs 1,650 per sq.ft, the total guideline value is Rs 16,50,000. The stamp duty would be Rs 1,15,500, and the registration fee would be Rs 33,000, totaling Rs 1,48,500.

Which office handles registrations for Sai Avenue?

The Tiruvallur Joint 1 Sub Registrar Office handles registrations for Sai Avenue. It is located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.