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Guideline Value

Corporate

Guideline Value for SIVAGAMI AMMAIYAR COLONY 5TH STREET

₹3200/sq.ft.

The guideline value for Sivagami Ammaiyar Colony 5th 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 5th Street

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Sivagami Ammaiyar Colony 5th Street guideline value

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

The guideline value for Sivagami Ammaiyar Colony 5th Street has undergone several revisions over the years. In 2003, the guideline value was Rs 477 per sq.ft, which increased to Rs 550 per sq.ft in 2007, marking a change of +15%. By 2012, the value surged significantly to Rs 3,000 per sq.ft, reflecting a substantial increase of +445%. This figure remained unchanged until the 2023 revision, where it stayed at Rs 3,000 per sq.ft. The latest revision in 2024 has raised the guideline value to Rs 3,200 per sq.ft, a change of +7% from the previous year.

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

Guideline values in Perambur

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

Stamp duty and registration fee for property in Sivagami Ammaiyar Colony 5th 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, while 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 or the sale price.

You can use our stamp duty and registration fee calculator for more information.

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

The Sub Registrar Office that covers Sivagami Ammaiyar Colony 5th 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 critical factor in the registration process of property transactions in Perambur. It serves as the basis for calculating stamp duty and registration fees, ensuring that these charges are aligned with the official valuation of the property.

When buying or selling property, it is essential to be aware of the current guideline value, as it directly impacts the financial obligations associated with the transaction. Accurate knowledge of the guideline value helps in making informed decisions during the property registration process.

Frequently asked questions

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

The current guideline value for Sivagami Ammaiyar Colony 5th 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 477 per sq.ft in 2003 to Rs 3,200 per sq.ft in 2024, reflecting an overall increase of +571% over this period.

What is the stamp duty for property in Sivagami Ammaiyar Colony 5th Street?

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

Where is the Sub Registrar Office for this area located?

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

What is the median guideline value for streets in Perambur?

The median guideline value for streets in Perambur is Rs 2,700 per sq.ft, with Sivagami Ammaiyar Colony 5th Street's value of Rs 3,200 per sq.ft being above this median.