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Guideline Value

Corporate

Guideline Value for SIVAGAMI AMMAIYAR COLONY 4TH STREET

₹3200/sq.ft.

The guideline value for Sivagami Ammaiyar Colony 4th 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 ₹477 /sq.ft.
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 Street

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Sivagami Ammaiyar Colony 4th Street guideline value

The current guideline value of Sivagami Ammaiyar Colony 4th 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 is classified as Residential Class III Type - I.

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

The guideline value for Sivagami Ammaiyar Colony 4th Street has seen significant changes over the years. In 2003, the value was Rs 477 per sq.ft, which increased to Rs 550 per sq.ft in 2007, marking a 15% rise. The value then surged dramatically to Rs 3,000 per sq.ft in 2012, reflecting a 445% increase. The value remained unchanged at Rs 3,000 per sq.ft in 2023, before rising to Rs 3,200 per sq.ft in 2024, a 7% increase.

There are no figures available for the revisions in 2002 and 2017 for this street. Overall, from 2003 to 2024, the guideline value has increased by 571%.

Guideline values in Perambur

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

Stamp duty and registration fee for property in Sivagami Ammaiyar Colony 4th 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, bringing the total to Rs 2,88,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

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

The Sub Registrar Office that covers Sivagami Ammaiyar Colony 4th 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 in the registration process when buying or selling property in Perambur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is documented at a fair price.

During the registration process, the guideline value is compared with the sale price of the property. The higher of the two values is used to calculate the stamp duty and registration fees, ensuring compliance with local regulations.

Frequently asked questions

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

The current guideline value of Sivagami Ammaiyar Colony 4th 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 significantly from Rs 477 per sq.ft in 2003 to Rs 3,200 per sq.ft in 2024, showing an overall increase of 571% over this period.

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

Several other streets in Perambur have the same 2024 guideline value of Rs 3,200 per sq.ft, including Sivagami Ammaiyar Colony 4th Cross Street, 5th Cross Street, 3rd Street, 5th Street, 3rd Cross Street, and 6th Cross Street.

Where can I find the Sub Registrar Office for Sivagami Ammaiyar Colony 4th Street?

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

How is the stamp duty calculated for property transactions?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, if the guideline value is Rs 32,00,000, the stamp duty at 7% would be Rs 2,24,000.