Guideline Value

Corporate

Guideline Value for SRI SANKARA HOSPITAL

₹850/sq.ft.

The guideline value for Sri Sankara Hospital in Perumbakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 850 per sq.ft, effective 1 July 2024. It was Rs 800 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class V Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Perumbakkam

Village

Selaiyur

SRO

Residential Class V Type - I
History
Period Guideline Value
From 1-7-2024 ₹850 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹700 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
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)

No.36,bharathmatha Salai(opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur,chennai - 600 073.
044-22391102
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Sri Sankara Hospital

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Sri Sankara Hospital guideline value

The current guideline value for Sri Sankara Hospital in Perumbakkam village is Rs 850 per sq.ft, effective from 1 July 2024. This property falls under the Selaiyur SRO and is classified as Residential Class V Type - I.

How the guideline value of Sri Sankara Hospital has changed

The guideline value for Sri Sankara Hospital has seen several revisions over the years. The 2012 revision set the value at Rs 700 per sq.ft, which then decreased to Rs 469 per sq.ft in 2017. However, from 2017 to 2023, the value increased significantly by 71% to Rs 800 per sq.ft. The latest revision in 2024 has further increased the guideline value to Rs 850 per sq.ft, marking a 6% rise from the previous year.

It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for this street. The overall change from the 2012 revision to the 2024 revision is an increase of 21%.

Guideline values in Perumbakkam

In Perumbakkam, there are 225 streets under the Selaiyur SRO, with guideline values ranging from Rs 850 to Rs 4,800 per sq.ft. The median value for these streets is Rs 2,725 per sq.ft, indicating that the guideline value for Sri Sankara Hospital is below this median.

Stamp duty and registration fee for property in Sri Sankara Hospital

For a 1,000 sq.ft plot at the current guideline value of Rs 850 per sq.ft, the total guideline value amounts to Rs 8,50,000. The stamp duty at 7% would be Rs 59,500, and the registration fee at 2% would be Rs 17,000, bringing the total fees to Rs 76,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sri Sankara Hospital?

The Sub Registrar Office that covers Sri Sankara Hospital is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Perumbakkam. It serves as a benchmark for determining the minimum price at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with registration regulations.

When registering a property, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that the transaction is recorded accurately and legally, protecting the interests of both parties involved in the sale.

Frequently asked questions

What is the current guideline value for Sri Sankara Hospital?

The current guideline value for Sri Sankara Hospital is Rs 850 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 700 per sq.ft in 2012 to Rs 469 per sq.ft in 2017, then increased to Rs 800 per sq.ft in 2023, and finally to Rs 850 per sq.ft in 2024.

What are the other streets in Perumbakkam with their guideline values?

Other streets in Perumbakkam include Sri Sastha Nagar at Rs 3,300 per sq.ft, Sri Sairam Nagar at Rs 3,700 per sq.ft, and Sri Sai Nagar at Rs 2,725 per sq.ft, among others.

What are the stamp duty and registration fees for properties in Sri Sankara Hospital?

For a 1,000 sq.ft plot, the total guideline value is Rs 8,50,000. The stamp duty at 7% is Rs 59,500, and the registration fee at 2% is Rs 17,000, totaling Rs 76,500.

Where is the Sub Registrar Office for Sri Sankara Hospital located?

The Sub Registrar Office for Sri Sankara Hospital is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073.