Guideline Value for STAR CITY PHASE-IV
₹1102/sq.ft.
The guideline value for Star City Phase-iv in Allappakkam village (Chengleput Joint I SRO, Chengalpattu zone) is Rs 1102 per sq.ft, effective 1 July 2024. It was Rs 1100 per sq.ft from 1 April 2023, a 0% change. The land classification is Residential Special Type - Iii. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Allappakkam
Village
Chengleput Joint I
SRO
Residential Special Type - III
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1102 /sq.ft. |
| From 1-4-2023 | ₹1100 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹737 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | N/A |
| 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)
10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27423054
[email protected]
DRO (District Registrar Office)
No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on Star City Phase-iv
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Chengleput Joint I sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Star City Phase-IV guideline value
The current guideline value of Star City Phase-IV in Allappakkam village is Rs 1,102 per sq.ft, effective from 1 July 2024. This property falls under the Chengleput Joint I SRO and is classified as Residential Special Type - III.
How the guideline value of Star City Phase-IV has changed
In the 2017 revision, the guideline value was Rs 737 per sq.ft. This figure increased to Rs 1,100 per sq.ft in the 2023 revision, marking a significant increase of 49%. The current guideline value for 2024 stands at Rs 1,102 per sq.ft, showing a stable change of 0% from the previous year.
Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 50%. It should be noted that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.
Guideline values in Allappakkam
In Allappakkam, there are 51 streets under the Chengleput Joint I SRO that carry a 2024 guideline value ranging from Rs 600 to Rs 2,000 per sq.ft, with the median being Rs 1,102 per sq.ft. The guideline value for Star City Phase-IV is equal to this median.
- Star City Phase-I: Rs 1,102 per sq.ft (2024)
- Star City Phase-II: Rs 1,102 per sq.ft (2024)
- Star City Phase-III: Rs 1,102 per sq.ft (2024)
- Star City Phase-V: Rs 1,102 per sq.ft (2024)
- Sri Varalakshmi Nagar: Rs 800 per sq.ft (2024)
- Sun City: Rs 800 per sq.ft (2024)
Stamp duty and registration fee for property in Star City Phase-IV
For a 1,000 sq.ft plot at the current guideline value of Rs 1,102 per sq.ft, the total guideline value would be Rs 11,02,000. The stamp duty at 7% would amount to Rs 77,140, while the registration fee at 2% would be Rs 22,040, resulting in a total of Rs 99,180. It is important to note that the duty is charged on the higher of the guideline value or the sale price.
You can use the stamp duty and registration fee calculator for more precise calculations.
Which Sub Registrar Office covers Star City Phase-IV?
The Chengleput Joint I Sub Registrar Office covers Star City Phase-IV. The address is 10, Kancheepuram Main Road, Chengalpattu 603 002, 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 Allappakkam
The guideline value is a crucial factor during property registration in Allappakkam. It serves as a benchmark for determining the stamp duty and registration fees applicable on property transactions.
When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in property dealings. This value is used to calculate the necessary fees, which are based on the higher of the guideline value or the sale price.
Frequently asked questions
What is the current guideline value of Star City Phase-IV?
The current guideline value of Star City Phase-IV is Rs 1,102 per sq.ft, effective from 1 July 2024.
How much has the guideline value changed since 2017?
Since the 2017 revision, the guideline value has increased by 50%, from Rs 737 per sq.ft to Rs 1,102 per sq.ft in 2024.
What is the land classification for Star City Phase-IV?
Star City Phase-IV is classified as Residential Special Type - III under the Chengleput Joint I SRO.
How is the stamp duty calculated for properties in Star City Phase-IV?
The stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For a property valued at Rs 11,02,000, the stamp duty would be Rs 77,140.
Where can I find the Sub Registrar Office for Star City Phase-IV?
The Chengleput Joint I Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002. You can find more details online.
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