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Guideline Value

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Guideline Value for Sairam Street (SISI Colony)

₹3900/sq.ft.

The guideline value for Sairam Street (sisi Colony) in Ullagaram village (Alandur SRO, Chennai zone) is Rs 3900 per sq.ft, effective 1 July 2024. It was Rs 2345 per sq.ft from 1 April 2023, a 66% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Ullagaram

Village

Alandur

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹3900 /sq.ft.
From 1-4-2023 ₹2345 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
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)

12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061
044-22240222
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Sairam Street (sisi Colony)

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Sairam Street (SISI Colony) guideline value

The current guideline value of Sairam Street (SISI Colony) is Rs 3,900 per sq.ft, effective from 1 July 2024. This street is located in Ullagaram village and falls under the Alandur SRO. The land classification for this area is Residential Class I Type - III.

How the guideline value of Sairam Street (SISI Colony) has changed

The guideline value for Sairam Street (SISI Colony) has undergone several revisions over the years. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017. In 2023, the guideline value was set at Rs 2,345 per sq.ft, which increased to Rs 3,900 per sq.ft in the 2024 revision, marking a significant change of +66%.

Prior to the 2023 revision, the register does not contain figures for the aforementioned years. The 2024 revision reflects a notable increase, positioning Sairam Street (SISI Colony) above the median value of Rs 2,800 per sq.ft for other streets in Ullagaram.

Guideline values in Ullagaram

In Ullagaram, there are 298 streets under the Alandur SRO that carry a 2024 guideline value ranging from Rs 1,700 to Rs 5,500 per sq.ft. Sairam Street (SISI Colony) has a guideline value that is above the median of Rs 2,800 per sq.ft. Below is a list of other streets in Ullagaram:

Stamp duty and registration fee for property in Sairam Street (SISI Colony)

For a 1,000 sq.ft plot at the current guideline value of Rs 3,900 per sq.ft, the total guideline value amounts to Rs 39,00,000. The stamp duty at 7% would be Rs 2,73,000, and the registration fee at 2% would be Rs 78,000, bringing the total to Rs 3,51,000. 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 the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sairam Street (SISI Colony)?

The Sub Registrar Office that covers Sairam Street (SISI Colony) is the Alandur Sub Registrar Office, located at 12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061. You can find your SRO for further assistance.

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

The guideline value plays a crucial role during the registration of property transactions in Ullagaram. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property in the area.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that the transaction is recorded accurately. Buyers and sellers should be aware of the guideline value to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value of Sairam Street (SISI Colony)?

The current guideline value of Sairam Street (SISI Colony) is Rs 3,900 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

The guideline value increased from Rs 2,345 per sq.ft in 2023 to Rs 3,900 per sq.ft in 2024, which is a change of +66%.

What is the land classification for Sairam Street (SISI Colony)?

Sairam Street (SISI Colony) is classified as Residential Class I Type - III.

Where can I find the Sub Registrar Office for Sairam Street (SISI Colony)?

The Sub Registrar Office for Sairam Street (SISI Colony) is the Alandur Sub Registrar Office, located at 12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061.

What are the stamp duty and registration fees for property transactions in Sairam Street (SISI Colony)?

For a property valued at Rs 39,00,000, the stamp duty would be Rs 2,73,000 and the registration fee would be Rs 78,000, totaling Rs 3,51,000. The duty is charged on the higher of the guideline value or the sale price.