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Guideline Value

Corporate

Guideline Value for Seeyalam II Cross Street

₹2400/sq.ft.

The guideline value for Seeyalam Ii 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 Ii Cross Street

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Seeyalam II Cross Street guideline value

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

How the guideline value of Seeyalam II Cross Street has changed

The guideline value for Seeyalam II Cross Street has undergone several revisions over the years. The 2012 revision set the value at Rs 2,250 per sq.ft, which then decreased to Rs 1,507 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 2,250 per sq.ft in the 2023 revision, and then further rose to Rs 2,400 per sq.ft in the 2024 revision.

In terms of percentage changes, the value increased by 49% from 2017 to 2023, and by 7% from 2023 to 2024. Overall, from 2012 to 2024, the guideline value has increased by 7%. There are no figures available for the years 2002, 2003, and 2007 for this street.

Guideline values in Malligaicherry

Malligaicherry village has a total of 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 value for these streets is Rs 2,400 per sq.ft, which is the same as the guideline value for Seeyalam II Cross Street.

Stamp duty and registration fee for property in Seeyalam II 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 amounts to Rs 24,00,000. The stamp duty at 7% would be Rs 1,68,000, and the registration fee at 2% would be Rs 48,000, totaling Rs 2,16,000. 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 Seeyalam II Cross Street?

The Sub Registrar Office that covers Seeyalam II Cross Street is the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. For more information, you can find your SRO.

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

The guideline value is a crucial factor during property registration in Malligaicherry. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures transparency in property transactions and helps avoid undervaluation.

Frequently asked questions

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

The current guideline value of Seeyalam II 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 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 for Seeyalam II Cross Street?

The land classification for Seeyalam II Cross Street is Residential Class II Type - I.

Where is the Konnur Sub Registrar Office located?

The Konnur Sub Registrar Office is located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.

How is the stamp duty calculated for properties in Seeyalam II Cross Street?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For a 1,000 sq.ft plot at the current rate, the stamp duty would amount to Rs 1,68,000.