Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Sashthri Nagar 6th Cross Street

₹7700/sq.ft.

The guideline value for Sashthri Nagar 6th Cross Street in Urur village (Adayar SRO, Chennai zone) is Rs 7700 per sq.ft, effective 1 July 2024. It was Rs 7000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Urur

Village

Adayar

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹7700 /sq.ft.
From 1-4-2023 ₹7000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹4690 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹7000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹3300 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹1479 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹1250 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.161(71/6), L.b Road (dr.muthulakshmi Salai) Tnhb Building,third Floor,thiruvanmiyur,chennai-600041
044-24415011
[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 Sashthri Nagar 6th Cross Street

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Sashthri Nagar 6th Cross Street guideline value

The current guideline value of Sashthri Nagar 6th Cross Street is Rs 7,700 per sq.ft, effective from 1 July 2024. This street is located in Urur village under the Adayar SRO and is classified as Residential Class I Type - I.

How the guideline value of Sashthri Nagar 6th Cross Street has changed

The guideline value for Sashthri Nagar 6th Cross Street has seen several revisions over the years. In the 2002 revision, the value was Rs 1,250 per sq.ft. This increased to Rs 1,479 per sq.ft in 2003, marking an 18% rise. The value continued to rise significantly, reaching Rs 3,300 per sq.ft in 2007, which was a 123% increase from the previous revision. Following this, the 2012 revision saw a decrease to Rs 7,000 per sq.ft, a drop of 33% from 2007. The value then climbed back to Rs 4,690 per sq.ft in 2017, reflecting a 112% increase from 2012. The 2023 revision set the value at Rs 7,000 per sq.ft, which remained unchanged until the 2024 revision, where it increased by 10% to Rs 7,700 per sq.ft.

There are no figures available for the years outside those listed. Overall, the guideline value has increased by 516% from 2002 to 2024.

Guideline values in Urur

In Urur village, the guideline values for 176 streets under the Adayar SRO range from Rs 4,400 to Rs 15,400 per sq.ft, with a median value of Rs 6,600 per sq.ft. The guideline value for Sashthri Nagar 6th Cross Street is above this median.

Stamp duty and registration fee for property in Sashthri Nagar 6th Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 7,700 per sq.ft, the total guideline value amounts to Rs 77,00,000. The stamp duty, charged at 7%, would be Rs 5,39,000, while the registration fee at 2% would be Rs 1,54,000, bringing the total to Rs 6,93,000. 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 Sashthri Nagar 6th Cross Street?

The Sashthri Nagar 6th Cross Street falls under the Adayar Sub Registrar Office, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Urur. It serves as a benchmark for determining the minimum value at which a property can be registered. This ensures that the property is not undervalued during the transaction.

When registering a property, the buyer must pay stamp duty based on the guideline value or the sale price, whichever is higher. This process helps maintain transparency and fairness in property transactions within the region.

Frequently asked questions

What is the current guideline value of Sashthri Nagar 6th Cross Street?

The current guideline value of Sashthri Nagar 6th Cross Street is Rs 7,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,250 per sq.ft in 2002 to Rs 7,700 per sq.ft in 2024, reflecting an overall increase of 516% over this period.

What is the median guideline value in Urur village?

The median guideline value for streets in Urur village is Rs 6,600 per sq.ft, with Sashthri Nagar 6th Cross Street's value being above this median.

What are the stamp duty and registration fees for property in Sashthri Nagar 6th Cross Street?

For a property valued at Rs 77,00,000, the stamp duty would be Rs 5,39,000 and the registration fee would be Rs 1,54,000, totaling Rs 6,93,000.

Where can I find the Sub Registrar Office for Sashthri Nagar 6th Cross Street?

The Sub Registrar Office for Sashthri Nagar 6th Cross Street is the Adayar Sub Registrar Office, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20.