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Guideline Value

Corporate

Guideline Value for SIVAGAMI AMMAIYAR COLONY 5TH CROSS STREET

₹3200/sq.ft.

The guideline value for Sivagami Ammaiyar Colony 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 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 5th Cross Street

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Sivagami Ammaiyar Colony 5th Cross Street guideline value

The current guideline value of Sivagami Ammaiyar Colony 5th 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 5th Cross Street has changed

Looking at the revisions over the years, the guideline value for Sivagami Ammaiyar Colony 5th Cross Street has seen significant changes. In 2007, the value was Rs 550 per sq.ft, which increased dramatically to Rs 3,000 per sq.ft in both 2012 and 2023. The latest revision in 2024 has raised the value to Rs 3,200 per sq.ft, marking a 7% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 482%. Notably, there are no figures available for this street in the revisions from 2002, 2003, and 2017.

Guideline values in Perambur

In Perambur, the guideline values vary across 1,114 streets under the Purasaivakkam SRO, with figures ranging from Rs 1,600 to Rs 7,100 per sq.ft. The median guideline value in this area is Rs 2,700 per sq.ft, placing the 2024 value of Rs 3,200 per sq.ft for Sivagami Ammaiyar Colony 5th Cross Street above the median.

Stamp duty and registration fee for property in Sivagami Ammaiyar Colony 5th 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, 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.

For more information, you can use the stamp duty and registration fee calculator.

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

The Sub Registrar Office that covers Sivagami Ammaiyar Colony 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 details.

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

The guideline value is a crucial factor in property transactions in Perambur, as it determines the minimum value at which a property can be registered. When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees.

It is essential for buyers and sellers to be aware of the current guideline value to ensure compliance with legal requirements during the registration process. This helps in avoiding any potential disputes or issues related to property valuation.

Frequently asked questions

What is the current guideline value for Sivagami Ammaiyar Colony 5th Cross Street?

The current guideline value for Sivagami Ammaiyar Colony 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 550 per sq.ft in 2007 to Rs 3,200 per sq.ft in 2024. There were no figures available for the years 2002, 2003, and 2017.

What is the land classification for this area?

The land classification for Sivagami Ammaiyar Colony 5th Cross Street is Residential Class III Type - I.

What is the stamp duty for property transactions in this area?

The stamp duty for property transactions in Sivagami Ammaiyar Colony 5th Cross Street is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for this location?

The Sub Registrar Office covering Sivagami Ammaiyar Colony 5th Cross Street is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.