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Guideline Value

Corporate

Guideline Value for SIVAGAMI AMMAIAR COLONY 9TH 3RD CROSS STREET

₹3200/sq.ft.

The guideline value for Sivagami Ammaiar Colony 9th 3rd Cross Street in Perambur village (Purasaivakkam SRO, Chennai zone) is Rs 3200 per sq.ft, effective 1 July 2024. It was Rs 3000 per sq.ft from 1 April 2023, a 7% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Perambur

Village

Purasaivakkam

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹3200 /sq.ft.
From 1-4-2023 ₹3000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2010 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3000 /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)

93/1, Bricklin Road, Otteri, Chennai- 600 012.
044-26623514
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 Sivagami Ammaiar Colony 9th 3rd Cross Street

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Sivagami Ammaiar Colony 9th 3rd Cross Street guideline value

The current guideline value of Sivagami Ammaiar Colony 9th 3rd Cross Street is Rs 3,200 per sq.ft, effective from 1 July 2024. This street is located in Perambur village under the Purasaivakkam SRO, classified as Residential Class III Type - I.

How the guideline value of Sivagami Ammaiar Colony 9th 3rd Cross Street has changed

The guideline value for this street has undergone several revisions over the years. The 2012 revision set the value at Rs 3,000 per sq.ft, which then decreased to Rs 2,010 per sq.ft in 2017. Following this, the value increased significantly to Rs 3,000 per sq.ft in 2023, and then to Rs 3,200 per sq.ft in 2024.

From 2017 to 2023, the guideline value saw a substantial increase of 49%. The jump from 2023 to 2024 represents a 7% increase. Overall, comparing the values from 2012 to 2024, there is a modest increase of 7% from the initial value.

Guideline values in Perambur

In Perambur, there are 1114 streets under the Purasaivakkam SRO, with 2024 guideline values ranging from Rs 1,600 to Rs 7,100 per sq.ft. The median guideline value is Rs 2,700 per sq.ft, placing Sivagami Ammaiar Colony 9th 3rd Cross Street's value above this median.

Stamp duty and registration fee for property in Sivagami Ammaiar Colony 9th 3rd Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,200 per sq.ft, the total guideline value would be Rs 32,00,000. The stamp duty at 7% would amount to Rs 2,24,000, and the registration fee at 2% would be Rs 64,000, totaling Rs 2,88,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for precise calculations.

Which Sub Registrar Office covers Sivagami Ammaiar Colony 9th 3rd Cross Street?

The Sub Registrar Office that covers Sivagami Ammaiar Colony 9th 3rd Cross Street is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Perambur. It serves as a benchmark for determining the minimum value on which stamp duty and registration fees are calculated.

When a property is sold, the buyer must ensure that the sale price is at least equal to the guideline value to avoid penalties. This value is regularly updated to reflect changes in the real estate market and is essential for both buyers and sellers to consider during transactions.

Frequently asked questions

What is the current guideline value for Sivagami Ammaiar Colony 9th 3rd Cross Street?

The current guideline value for Sivagami Ammaiar Colony 9th 3rd Cross Street is Rs 3,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,000 per sq.ft in 2012 to Rs 2,010 per sq.ft in 2017, then increased to Rs 3,000 per sq.ft in 2023, and finally to Rs 3,200 per sq.ft in 2024.

What is the land classification for this street?

Sivagami Ammaiar Colony 9th 3rd Cross Street is classified as Residential Class III Type - I.

Where can I find the registration office for this area?

The Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012, covers this area.

How is the stamp duty calculated for properties in this street?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 3,200 per sq.ft, the stamp duty would be Rs 2,24,000.