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Guideline Value

Corporate

Guideline Value for SIVAGAMI AMMAIYAR COLONY 4TH CROSS STREET

₹3200/sq.ft.

The guideline value for Sivagami Ammaiyar Colony 4th 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 N/A
From 1-4-2012 To 8-6-2017 ₹3000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹550 /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)

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 Ammaiyar Colony 4th Cross Street

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Sivagami Ammaiyar Colony 4th Cross Street guideline value

The current guideline value of Sivagami Ammaiyar Colony 4th Cross Street is Rs 3,200 per sq.ft, effective from 1 July 2024. This street is located in Perambur village and falls under the Purasaivakkam SRO. The land classification for this area is Residential Class III Type - I.

How the guideline value of Sivagami Ammaiyar Colony 4th Cross Street has changed

Over the years, the guideline value for Sivagami Ammaiyar Colony 4th Cross Street has undergone several revisions. The earliest recorded figure is from 2007, where the value was Rs 550 per sq.ft. This figure saw a significant increase to Rs 3,000 per sq.ft in 2012, marking a change of +445%. The guideline value remained at Rs 3,000 per sq.ft from 2012 until the 2023 revision.

In the 2023 revision, the guideline value was updated to Rs 3,000 per sq.ft. The most recent revision in 2024 has increased this value to Rs 3,200 per sq.ft, representing a change of +7%. Overall, from 2007 to 2024, the guideline value has increased by +482%.

Guideline values in Perambur

In Perambur, there are 1,114 streets under the Purasaivakkam SRO, with guideline values ranging from Rs 1,600 to Rs 7,100 per sq.ft. The median guideline value for these streets is Rs 2,700 per sq.ft, indicating that the 2024 figure for Sivagami Ammaiyar Colony 4th Cross Street is above this median.

Stamp duty and registration fee for property in Sivagami Ammaiyar Colony 4th 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 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, making the total cost for these fees Rs 2,88,000. 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 more detailed calculations.

Which Sub Registrar Office covers Sivagami Ammaiyar Colony 4th Cross Street?

The Sub Registrar Office that covers Sivagami Ammaiyar Colony 4th Cross Street is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. For more information, you can find your SRO.

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 at which a property can be registered, ensuring that the registration process is transparent and standardized.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are required to be paid at the time of registration. This ensures that both the buyer and seller are aware of the financial obligations involved in the transaction.

Frequently asked questions

What is the current guideline value of Sivagami Ammaiyar Colony 4th Cross Street?

The current guideline value of Sivagami Ammaiyar Colony 4th 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 550 per sq.ft in 2007 to Rs 3,200 per sq.ft in 2024, reflecting an overall increase of +482% over the years.

What is the land classification of Sivagami Ammaiyar Colony 4th Cross Street?

The land classification for Sivagami Ammaiyar Colony 4th Cross Street is Residential Class III Type - I.

What are the stamp duty and registration fees for this property?

For a 1,000 sq.ft plot, the total guideline value is Rs 32,00,000. The stamp duty at 7% is Rs 2,24,000, and the registration fee at 2% is Rs 64,000, totaling Rs 2,88,000.

Which Sub Registrar Office handles registrations for this area?

The Purasaivakkam Sub Registrar Office at 93/1, Bricklin Road, Otteri, Chennai- 600 012, covers registrations for Sivagami Ammaiyar Colony 4th Cross Street.