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Guideline Value

Corporate

Guideline Value for SIVAGAMI AMMAIAR COLONY 9TH 5TH CROSS STREET

₹3200/sq.ft.

The guideline value for Sivagami Ammaiar Colony 9th 5th 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 5th Cross Street

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Sivagami Ammaiar Colony 9th 5th Cross Street guideline value

The current guideline value of Sivagami Ammaiar Colony 9th 5th 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, and falls under the Residential Class III Type - I land classification.

How the guideline value of Sivagami Ammaiar Colony 9th 5th 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 the 2017 revision. Following this, the value increased significantly to Rs 3,000 per sq.ft in the 2023 revision, and currently stands at Rs 3,200 per sq.ft as per the 2024 revision, marking a 7% increase from the previous year.

From 2017 to 2023, there was a notable increase of 49% in the guideline value. Overall, from 2012 to 2024, the guideline value has increased by 7%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Perambur

In Perambur, there are 1,114 streets under the Purasaivakkam SRO that carry a 2024 guideline value ranging from Rs 1,600 to Rs 7,100 per sq.ft, with a median value of Rs 2,700 per sq.ft. The guideline value of Rs 3,200 per sq.ft for Sivagami Ammaiar Colony 9th 5th Cross Street is above this median.

Stamp duty and registration fee for property in Sivagami Ammaiar Colony 9th 5th Cross Street

For a 1,000 sq.ft plot at the current rate of Rs 3,200 per sq.ft, the guideline value amounts to Rs 32,00,000. The stamp duty at 7% would be Rs 2,24,000, and the registration fee at 2% would be Rs 64,000, totaling Rs 2,88,000. Please 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 further calculations.

Which Sub Registrar Office covers Sivagami Ammaiar Colony 9th 5th Cross Street?

The Sub Registrar Office that covers Sivagami Ammaiar Colony 9th 5th 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 plays a crucial role during the registration of property transactions in Perambur. It is the value determined by the government and is used to calculate the stamp duty and registration fees that need to be paid during the sale or purchase of property.

Frequently asked questions

What is the current guideline value of Sivagami Ammaiar Colony 9th 5th Cross Street?

The current guideline value of Sivagami Ammaiar Colony 9th 5th 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 to Rs 3,000 per sq.ft in 2023, and currently stands at Rs 3,200 per sq.ft in 2024.

What is the land classification for this street?

Sivagami Ammaiar Colony 9th 5th Cross Street falls under the Residential Class III Type - I land classification.

What are the other streets with the same guideline value in Perambur?

Other streets in Perambur that share the same guideline value of Rs 3,200 per sq.ft include Sivagami Ammaiar Colony 9th 4th Cross Street, 9th 6th Cross Street, 9th 3rd Cross Street, 9th 7th Cross Street, 9th 2nd Cross Street, and Sivagami Ammaiyar Colony 10th Street.

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

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current rate, the total guideline value would be Rs 32,00,000, leading to a stamp duty of Rs 2,24,000.