Guideline Value for Samraj Nagar Main Road
₹3800/sq.ft.
The guideline value for Samraj Nagar Main Road in Chembakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 3800 per sq.ft, effective 1 July 2024. It was Rs 3500 per sq.ft from 1 April 2023, a 9% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Chembakkam
Village
Selaiyur
SRO
Commercial Class I Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹3800 /sq.ft. |
| From 1-4-2023 | ₹3500 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹2345 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹3500 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹750 /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]
Records for a plot on Samraj Nagar 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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Samraj Nagar Main Road guideline value
The current guideline value of Samraj Nagar Main Road is Rs 3,800 per sq.ft, effective from 1 July 2024. This road is located in Chembakkam village and falls under the Selaiyur SRO. The land classification for this area is Commercial Class I Type - I.
How the guideline value of Samraj Nagar Main Road has changed
The guideline value for Samraj Nagar Main Road has undergone several revisions over the years. In 2007, the guideline value was Rs 750 per sq.ft, which increased significantly to Rs 3,500 per sq.ft in 2012. However, it saw a decrease to Rs 2,345 per sq.ft in 2017. The value then rose to Rs 3,500 per sq.ft in 2023, and currently stands at Rs 3,800 per sq.ft as per the 2024 revision. The register has no figures for the years 2002 and 2003 for this street.
From 2017 to 2023, the value increased by 49%, while from 2012 to 2017, it decreased by 33%. The jump from 2007 to 2012 was a remarkable 367%. Overall, from 2007 to 2024, the guideline value has increased by 407%.
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 the village is Rs 2,200 per sq.ft, indicating that Samraj Nagar Main Road's 2024 figure is above this median.
- Samraj Nagar Extn: Rs 3,800 per sq.ft (2024)
- Samraj Nagar 8th Street: Rs 3,800 per sq.ft (2024)
- Samraj Nagar South Street: Rs 3,800 per sq.ft (2024)
- Samraj Nagar 8th Cross Street: Rs 3,800 per sq.ft (2024)
- Samraj Nagar 7th Street: Rs 3,800 per sq.ft (2024)
- Samraj Nagar 7th Cross Street: Rs 3,800 per sq.ft (2024)
Stamp duty and registration fee for property in Samraj Nagar Main Road
For a 1,000 sq.ft plot at the current guideline value of Rs 3,800 per sq.ft, the total guideline value would be Rs 38,00,000. The stamp duty at 7% would be Rs 2,66,000, and the registration fee at 2% would be Rs 76,000, bringing the total to Rs 3,42,000. Please 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 further calculations.
Which Sub Registrar Office covers Samraj Nagar Main Road?
The Sub Registrar Office that covers Samraj Nagar 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 when registering property in Chembakkam. It determines the minimum value on which stamp duty and registration fees are calculated, ensuring that the government receives the appropriate revenue from property transactions.
When buying or selling property, the guideline value serves as a benchmark for both parties. It helps in establishing a fair price for the transaction, ensuring transparency and adherence to legal requirements during the registration process.
Frequently asked questions
What is the current guideline value of Samraj Nagar Main Road?
The current guideline value of Samraj Nagar Main Road is Rs 3,800 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 750 per sq.ft in 2007 to Rs 3,800 per sq.ft in 2024, marking an overall increase of 407% over the years.
What is the stamp duty rate for properties in Samraj Nagar Main Road?
The stamp duty rate for properties in Samraj Nagar Main Road is 7% of the guideline value or sale price, whichever is higher.
Where can I find the Selaiyur Sub Registrar Office?
The Selaiyur Sub Registrar Office is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073.
What is the median guideline value in Chembakkam?
The median guideline value in Chembakkam is Rs 2,200 per sq.ft, indicating that Samraj Nagar Main Road's guideline value is above this median.
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