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Guideline Value

Corporate

Guideline Value for Seeyalam I Cross Street

₹2400/sq.ft.

The guideline value for Seeyalam I Cross Street in Malligaicherry village (Konnur SRO, Chennai zone) is Rs 2400 per sq.ft, effective 1 July 2024. It was Rs 2250 per sq.ft from 1 April 2023, a 7% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Malligaicherry

Village

Konnur

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹2400 /sq.ft.
From 1-4-2023 ₹2250 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1507 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2250 /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)

Sub Register Office , Villivakkam Panchat,union Office Complex ,dunlop Bus Stop ,ambattur ,chennai
044-26173020
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Seeyalam I Cross Street

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Seeyalam I Cross Street guideline value

The current guideline value of Seeyalam I Cross Street is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in Malligaicherry village, under the Konnur SRO, and is classified as Residential Class II Type - I.

How the guideline value of Seeyalam I Cross Street has changed

The guideline value for Seeyalam I Cross Street has seen several revisions over the years. In 2012, the guideline value was Rs 2,250 per sq.ft. This figure decreased to Rs 1,507 per sq.ft in 2017. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value up to Rs 2,250 per sq.ft. The most recent revision in 2024 has set the guideline value at Rs 2,400 per sq.ft, marking an increase of 7% from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, the guideline value has increased by 7% from 2012 to 2024.

Guideline values in Malligaicherry

In Malligaicherry, there are 49 streets under the Konnur SRO that carry a 2024 guideline value ranging from Rs 2,200 to Rs 6,000 per sq.ft. The median guideline value is Rs 2,400 per sq.ft, which is equal to the current guideline value of Seeyalam I Cross Street.

Stamp duty and registration fee for property in Seeyalam I Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,400 per sq.ft, the total guideline value would be Rs 24,00,000. The stamp duty at 7% would amount to Rs 1,68,000, and the registration fee at 2% would be Rs 48,000. Together, these fees would total Rs 2,16,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Seeyalam I Cross Street?

The Sub Registrar Office that covers Seeyalam I Cross Street is the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. To find your specific SRO, you can visit find your SRO.

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

The guideline value is a crucial component during the registration of property transactions in Malligaicherry. It serves as a benchmark for determining the applicable stamp duty and registration fees, ensuring that the transaction is recorded at an official value.

When buying or selling property, the guideline value helps in establishing a fair price for registration purposes. It is essential for buyers and sellers to be aware of this value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Seeyalam I Cross Street?

The current guideline value of Seeyalam I Cross Street is Rs 2,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,250 per sq.ft in 2012 to Rs 1,507 per sq.ft in 2017, then increased to Rs 2,250 per sq.ft in 2023, and finally to Rs 2,400 per sq.ft in 2024.

What is the land classification of Seeyalam I Cross Street?

Seeyalam I Cross Street is classified as Residential Class II Type - I.

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

The stamp duty is charged at 7% of the guideline value, while the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would amount to Rs 2,16,000.

Where can I find the Sub Registrar Office for Seeyalam I Cross Street?

The Konnur Sub Registrar Office covers Seeyalam I Cross Street and is located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.