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Guideline Value

Corporate

Guideline Value for SIVAGAMI AMMAIYAR COLONY ALL STREETS

₹3200/sq.ft.

The guideline value for Sivagami Ammaiyar Colony All Streets 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 ₹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 All Streets

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Sivagami Ammaiyar Colony All Streets guideline value

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

How the guideline value of Sivagami Ammaiyar Colony All Streets has changed

Since the 2007 revision, the guideline value 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 2012, marking a rise of 445%. However, this value dropped to Rs 2,010 per sq.ft in 2017, a decrease of 33%. The value then increased again to Rs 3,000 per sq.ft in 2023, and finally reached Rs 3,200 per sq.ft in 2024, reflecting a 7% increase from the previous year. The register has no figures for the years 2002 and 2003 for this street.

Overall, from 2007 to 2024, the guideline value has increased by 482%. The 2023 to 2024 revision shows a 7% increase, while the 2017 to 2023 period saw a substantial rise of 49%. This pattern indicates fluctuations in the guideline value over the years.

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. The median guideline value in this area is Rs 2,700 per sq.ft, making the 2024 figure for Sivagami Ammaiyar Colony All Streets above that median.

Stamp duty and registration fee for property in Sivagami Ammaiyar Colony All Streets

For a 1,000 sq.ft plot at the current rate of Rs 3,200 per sq.ft, the guideline value is 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. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for further assistance.

Which Sub Registrar Office covers Sivagami Ammaiyar Colony All Streets?

The Sub Registrar Office that covers Sivagami Ammaiyar Colony All Streets 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 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 compliance with local regulations.

When a property is sold, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that both buyers and sellers are aware of the financial obligations associated with the transaction based on the established guideline value.

Frequently asked questions

What is the current guideline value for Sivagami Ammaiyar Colony All Streets?

The current guideline value for Sivagami Ammaiyar Colony All Streets 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 seen several changes, starting 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 for Sivagami Ammaiyar Colony All Streets?

The land classification for Sivagami Ammaiyar Colony All Streets is Residential Class III Type - I.

Where can I find the registration office for this area?

The registration office for Sivagami Ammaiyar Colony All Streets is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 3,200 per sq.ft, the total guideline value would be Rs 32,00,000.