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Guideline Value

Corporate

Guideline Value for Sathiya Sai Nagar Main Road 1

₹2530/sq.ft.

The guideline value for Sathiya Sai Nagar Main Road 1 in Irumpuliyur village (Tambaram Joint 1 SRO, Chengalpattu zone) is Rs 2530 per sq.ft, effective 1 July 2024. It was Rs 2300 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Irumpuliyur

Village

Tambaram Joint 1

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹2530 /sq.ft.
From 1-4-2023 ₹2300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1541 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2300 /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.26,mes Road, East Tambaram, Chennai-600059.
044-22397171
[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 Sathiya Sai Nagar Main Road 1

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Sathiya Sai Nagar Main Road 1 guideline value

The current guideline value of Sathiya Sai Nagar Main Road 1 is Rs 2,530 per sq.ft, effective from 1 July 2024. This street is located in Irumpuliyur village and falls under the Tambaram Joint 1 SRO. The land classification for this area is Residential Special Type - I.

How the guideline value of Sathiya Sai Nagar Main Road 1 has changed

The guideline value for Sathiya Sai Nagar Main Road 1 has seen several revisions over the years. The earliest available figure is from 2012, where the guideline value was Rs 2,300 per sq.ft. This was followed by a decrease to Rs 1,541 per sq.ft in 2017. In 2023, the value increased to Rs 2,300 per sq.ft, and the most recent revision in 2024 set the value at Rs 2,530 per sq.ft.

From 2012 to 2017, the guideline value decreased by 33%. However, between 2017 and 2023, there was a significant increase of 49%. The 2023 to 2024 revision saw a rise of 10%. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Irumpuliyur

In Irumpuliyur, there are 218 streets under the Tambaram Joint 1 SRO with a 2024 guideline value ranging from Rs 880 to Rs 6,600 per sq.ft. The median value for these streets is Rs 2,200 per sq.ft, placing Sathiya Sai Nagar Main Road 1's 2024 figure above that median.

Stamp duty and registration fee for property in Sathiya Sai Nagar Main Road 1

For a 1,000 sq.ft plot at the current guideline value of Rs 2,530 per sq.ft, the total guideline value amounts to Rs 25,30,000. The stamp duty at 7% would be Rs 1,77,100, and the registration fee at 2% would be Rs 50,600, bringing the total to Rs 2,27,700. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sathiya Sai Nagar Main Road 1?

The Sathiya Sai Nagar Main Road 1 is covered by the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, 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 Irumpuliyur

The guideline value is a crucial factor during the registration of property transactions in Irumpuliyur. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When buying or selling property, the guideline value helps ensure that the transaction is recorded accurately and fairly, reflecting the value of the property as per the government register.

Frequently asked questions

What is the current guideline value of Sathiya Sai Nagar Main Road 1?

The current guideline value of Sathiya Sai Nagar Main Road 1 is Rs 2,530 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,300 per sq.ft in 2012 to Rs 1,541 per sq.ft in 2017, then back to Rs 2,300 per sq.ft in 2023, and finally to Rs 2,530 per sq.ft in 2024.

What is the land classification for Sathiya Sai Nagar Main Road 1?

The land classification for Sathiya Sai Nagar Main Road 1 is Residential Special Type - I.

Where can I find the registration office for Sathiya Sai Nagar Main Road 1?

The registration office for Sathiya Sai Nagar Main Road 1 is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059.

How is the stamp duty calculated for properties in Sathiya Sai Nagar Main Road 1?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a 1,000 sq.ft plot at the current guideline value would incur a total stamp duty of Rs 1,77,100.