Guideline Value

Corporate

Guideline Value for STAR CITY PHASE-V

₹1102/sq.ft.

The guideline value for Star City Phase-v 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]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Star City Phase-v

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Star City Phase-V guideline value

The current guideline value of Star City Phase-V is Rs 1,102 per sq.ft, effective from 1 July 2024. This property is located in Allappakkam village and falls under the Chengleput Joint I SRO. The land classification for this area is Residential Special Type - III.

How the guideline value of Star City Phase-V has changed

The guideline value for Star City Phase-V has undergone several revisions over the years. The 2017 revision set the value at Rs 737 per sq.ft, which increased to Rs 1,100 per sq.ft in the 2023 revision. The most recent revision in 2024 has seen a slight increase to Rs 1,102 per sq.ft, reflecting a change of +0% from the previous year. Notably, the overall change from the 2017 revision to the 2024 revision is +50%.

It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street. The 2024 figure of Rs 1,102 per sq.ft matches the median value of Rs 1,102 per sq.ft for the 51 streets in Allappakkam under the Chengleput Joint I SRO.

Guideline values in Allappakkam

In Allappakkam, the guideline values range from Rs 600 to Rs 2,000 per sq.ft, with a median value of Rs 1,102 per sq.ft. Star City Phase-V's 2024 guideline value aligns with this median.

Stamp duty and registration fee for property in Star City Phase-V

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, bringing the total cost for stamp duty and registration fees to Rs 99,180. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Star City Phase-V?

The Sub Registrar Office that covers Star City Phase-V is the Chengleput Joint I Sub Registrar Office, located at 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 in the registration process when buying or selling property in Allappakkam. It serves as a benchmark for determining the applicable stamp duty and registration fees, ensuring that these costs are calculated based on the official valuation of the property.

When a property is registered, the buyer must pay stamp duty and registration fees based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Star City Phase-V?

The current guideline value of Star City Phase-V is Rs 1,102 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Star City Phase-V has increased from Rs 737 per sq.ft in 2017 to Rs 1,102 per sq.ft in 2024, marking a total increase of 50% over this period.

What are the other streets with the same guideline value in Allappakkam?

Other streets in Allappakkam with the same guideline value of Rs 1,102 per sq.ft in 2024 include Star City Phase-I, Phase-II, Phase-III, and Phase-IV.

What fees are associated with buying property in Star City Phase-V?

When buying property in Star City Phase-V, buyers must pay stamp duty at 7% and a registration fee at 2% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Star City Phase-V?

The Sub Registrar Office for Star City Phase-V is the Chengleput Joint I Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.