Guideline Value

Corporate

Guideline Value for Sam Avenue Main Road

₹1900/sq.ft.

The guideline value for Sam Avenue Main Road in Chembakkam 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 - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Chembakkam

Village

Selaiyur

SRO

Residential Class I Type - I
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 ₹250 /sq.ft.
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]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Sam Avenue Main Road

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Sam Avenue Main Road guideline value

The current guideline value of Sam Avenue Main Road is Rs 1,900 per sq.ft, effective from 1 July 2024. This road is located in Chembakkam village, under the Selaiyur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Sam Avenue Main Road has changed

Over the years, the guideline value for Sam Avenue Main Road has seen significant changes. The 2007 revision recorded a value of Rs 250 per sq.ft, which increased dramatically to Rs 1,800 per sq.ft in 2012, marking a 620% rise. However, this value decreased to Rs 1,206 per sq.ft in 2017, reflecting a decline of 33%. The guideline value then rose to Rs 1,800 per sq.ft in 2023, followed by another increase to Rs 1,900 per sq.ft in 2024, which is a 6% change from the previous year. The register has no figures for the years 2002 and 2003.

From 2017 to 2023, the guideline value saw a notable increase of 49%. Overall, from the 2007 revision to the current 2024 value, there has been a substantial increase of 660%. This history of revisions illustrates the dynamic nature of property values in the area.

Guideline values in Chembakkam

In Chembakkam, there are 472 streets under the Selaiyur SRO that carry a 2024 guideline value, ranging from Rs 850 to Rs 6,700 per sq.ft. The median guideline value for these streets is Rs 2,200 per sq.ft, placing Sam Avenue Main Road's 2024 figure below that median.

Stamp duty and registration fee for property in Sam Avenue 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 amounts to Rs 19,00,000. The stamp duty at 7% would be Rs 1,33,000, and the registration fee at 2% would be Rs 38,000, bringing the total cost for these fees to Rs 1,71,000. 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 details.

Which Sub Registrar Office covers Sam Avenue Main Road?

The Sub Registrar Office covering Sam Avenue 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 for more information.

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

The guideline value is a crucial factor in property transactions in Chembakkam, as it determines the minimum value at which a property can be registered. When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees that are payable during the registration process.

It is essential for buyers and sellers to be aware of the current guideline value, as it not only affects the financial aspects of the transaction but also ensures compliance with local regulations. Understanding the guideline value can aid in making informed decisions during property dealings.

Frequently asked questions

What is the current guideline value of Sam Avenue Main Road?

The current guideline value of Sam Avenue 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 significantly from Rs 250 per sq.ft in 2007 to Rs 1,900 per sq.ft in 2024, reflecting an overall increase of 660% over the years.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 19,00,000, the stamp duty would be Rs 1,33,000 and the registration fee would be Rs 38,000, totaling Rs 1,71,000.

Which Sub Registrar Office handles registrations for Sam Avenue Main Road?

The Selaiyur Sub Registrar Office handles registrations for Sam Avenue Main Road, located at No.36, Bharathmatha Salai, East Tambaram, Chennai - 600 073.

What is the land classification of Sam Avenue Main Road?

Sam Avenue Main Road is classified as Residential Class I Type - I, indicating its suitability for residential development.