Guideline Value for SUBHAM

Subham guideline value

The current guideline value of Subham, located in Valarpuram village under the Sriperumpudur SRO, is Rs 700 per sq.ft, effective from 1 July 2024. This area is classified as Commercial Special Type - I.

How the guideline value of Subham has changed

From the register, the guideline value for Subham has remained consistent at Rs 700 per sq.ft for both the 2023 and 2024 revisions, indicating no change between these two years. The register has no figure for the years 2017, 2012, 2007, 2003, and 2002 for this street.

As such, the only recorded figures for Subham are from the 2023 and 2024 revisions, both at Rs 700 per sq.ft, reflecting a change of +0% from 2023 to 2024.

Guideline values in Valarpuram

In Valarpuram, there are 91 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 2,025 per sq.ft, with a median value of Rs 300 per sq.ft. The guideline value for Subham is above this median.

• Subham Extension: Rs 700 per sq.ft (2024)
• SSV Nagar: Rs 300 per sq.ft (2024)
• S.S.A. Nagar: Rs 300 per sq.ft (2024)
• Sri Vigneswara Nagar: Rs 400 per sq.ft (2024)
• Sri Venkateswara Nagar: Rs 400 per sq.ft (2024)
• Sundaramoorthy Avenue: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Subham

For a 1,000 sq.ft plot at the current rate of Rs 700 per sq.ft, the guideline value amounts to Rs 7,00,000. The stamp duty at 7% would be Rs 49,000, and the registration fee at 2% would be Rs 14,000, totaling Rs 63,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Subham?

The Sub Registrar Office that covers Subham is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in property transactions in Valarpuram, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with the registration norms set by the authorities.

When registering a property, the guideline value is used to calculate the stamp duty and registration fees. This ensures that both the buyer and seller are aware of the financial implications of the transaction, based on the established guideline values for their respective properties.

Frequently asked questions

What is the current guideline value of Subham?

The current guideline value of Subham is Rs 700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Subham has remained at Rs 700 per sq.ft for both the 2023 and 2024 revisions, showing no change. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification of Subham?

Subham is classified as Commercial Special Type - I, which indicates its intended use and the type of development that can take place in the area.

What are the stamp duty and registration fees for a property in Subham?

For a property valued at Rs 7,00,000, the stamp duty would be Rs 49,000 and the registration fee would be Rs 14,000, totaling Rs 63,000. These fees are based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Subham located?

The Sub Registrar Office for Subham is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.