Guideline Value for Sabai Colony Main Road
₹1900/sq.ft.
The guideline value for Sabai Colony Main Road in Rajakilpakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 1900 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Rajakilpakkam
Village
Selaiyur
SRO
Residential Class I Type - II
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1900 /sq.ft. |
| From 1-4-2023 | ₹1800 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹1206 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹1800 /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]
Records for a plot on Sabai Colony Main Road
- 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
- Selaiyur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Sabai Colony Main Road guideline value
The current guideline value of Sabai Colony Main Road is Rs 1,900 per sq.ft. This road is located in Rajakilpakkam village, under the Selaiyur SRO, and is classified as Residential Class I Type - II.
How the guideline value of Sabai Colony Main Road has changed
The guideline value for Sabai Colony Main Road has undergone several revisions over the years. The 2012 revision set the value at Rs 1,800 per sq.ft, which was later reduced to Rs 1,206 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 1,800 per sq.ft, and the most recent 2024 revision has set it at Rs 1,900 per sq.ft.
From 2017 to 2023, there was a significant increase of 49%, while the change from 2023 to 2024 reflects a 6% rise. Overall, comparing the 2012 and 2024 revisions, there is a slight increase of 6% in the guideline value.
Guideline values in Rajakilpakkam
In Rajakilpakkam, there are 384 streets under the Selaiyur SRO that carry a 2024 guideline value ranging from Rs 850 to Rs 5,000 per sq.ft, with a median value of Rs 2,150 per sq.ft. The guideline value of Sabai Colony Main Road is below this median.
- Sabai Colony 2nd Main Road: Rs 1,900 per sq.ft (2024)
- Sabai Colony 1st Main Road: Rs 1,900 per sq.ft (2024)
- Sabai Colony: Rs 1,900 per sq.ft (2024)
- Ruby Avenue: Rs 3,200 per sq.ft (2024)
- Sai Ayush Ramesha: Rs 950 per sq.ft (2024)
- Roja Thottam Main Road: Rs 3,500 per sq.ft (2024)
Stamp duty and registration fee for property in Sabai Colony Main Road
For a 1,000 sq.ft plot at the current guideline value of Rs 1,900 per sq.ft, the total guideline value would be Rs 19,00,000. The stamp duty at 7% would amount to Rs 1,33,000, and the registration fee at 2% would be Rs 38,000, totaling Rs 1,71,000. It is important to note that duty is charged on the higher of the guideline value and the sale price.
For more information, you can use the stamp duty and registration fee calculator.
Which Sub Registrar Office covers Sabai Colony Main Road?
The Sub Registrar Office that covers Sabai Colony Main Road 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 here.
How the guideline value is used when you buy or sell in Rajakilpakkam
The guideline value is a crucial factor during the registration of property transactions in Rajakilpakkam. It is used to determine the stamp duty and registration fees applicable to the property being bought or sold.
When a property is registered, the guideline value serves as a benchmark to ensure that the transaction is recorded at a fair value, helping to maintain transparency in property transactions.
Frequently asked questions
What is the current guideline value of Sabai Colony Main Road?
The current guideline value of Sabai Colony Main Road is Rs 1,900 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 1,800 per sq.ft in 2012 to Rs 1,206 per sq.ft in 2017, then back to Rs 1,800 per sq.ft in 2023, and finally to Rs 1,900 per sq.ft in 2024.
What is the median guideline value in Rajakilpakkam?
The median guideline value in Rajakilpakkam is Rs 2,150 per sq.ft, with Sabai Colony Main Road's current value being below this median.
What are the stamp duty and registration fees for properties in this area?
Stamp duty is charged at 7% of the guideline value or the sale price, whichever is higher, while the registration fee is 2% of the guideline value. For a 1,000 sq.ft plot, the total fees would be Rs 1,71,000.
Where is the Selaiyur Sub Registrar Office located?
The Selaiyur Sub Registrar Office is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073.
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