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Guideline Value

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Guideline Value for Senthil Avenue to Thirumalai Nagar Annex Salai

₹2200/sq.ft.

The guideline value for Senthil Avenue To Thirumalai Nagar Annex Salai in Chembakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 2200 per sq.ft, effective 1 July 2024. It was Rs 2000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Chembakkam

Village

Selaiyur

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 ₹2000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1340 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹250 /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]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Senthil Avenue To Thirumalai Nagar Annex Salai

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Senthil Avenue to Thirumalai Nagar Annex Salai guideline value

The current guideline value for Senthil Avenue to Thirumalai Nagar Annex Salai is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in Chembakkam village and falls under the Selaiyur SRO, classified as Residential Special Type - II.

How the guideline value of Senthil Avenue to Thirumalai Nagar Annex Salai has changed

The guideline value for this street has seen several revisions over the years. The 2007 revision set the value at Rs 250 per sq.ft, which rose significantly to Rs 2,000 per sq.ft in 2012, marking a 700% increase. However, this value decreased to Rs 1,340 per sq.ft in 2017, reflecting a decline of 33% compared to the previous revision.

In the subsequent revisions, the guideline value increased to Rs 2,000 per sq.ft in 2023, a 49% rise from the 2017 figure. The most recent revision in 2024 has further increased the value to Rs 2,200 per sq.ft, which is a 10% increase from 2023. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Chembakkam

Chembakkam village has a total of 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 is Rs 2,200 per sq.ft, which matches the current value for Senthil Avenue to Thirumalai Nagar Annex Salai.

Stamp duty and registration fee for property in Senthil Avenue to Thirumalai Nagar Annex Salai

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, resulting in a total of Rs 1,98,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Senthil Avenue to Thirumalai Nagar Annex Salai?

The Sub Registrar Office that covers Senthil Avenue to Thirumalai Nagar Annex Salai 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 plays a crucial role during the registration process of property transactions in Chembakkam. It serves as a benchmark for determining the minimum price at which a property can be registered, ensuring that the government receives the appropriate revenue from stamp duty and registration fees.

When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees, which are based on the higher of the guideline value or the actual sale price. This ensures that the transaction is recorded accurately and in compliance with local regulations.

Frequently asked questions

What is the current guideline value for Senthil Avenue to Thirumalai Nagar Annex Salai?

The current guideline value for Senthil Avenue to Thirumalai Nagar Annex Salai is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 250 per sq.ft in 2007 to Rs 2,200 per sq.ft in 2024, marking an overall increase of 780% over the years.

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

For a property valued at Rs 22,00,000, the stamp duty would be Rs 1,54,000 and the registration fee would be Rs 44,000, totaling Rs 1,98,000.

Which office handles property registrations for this street?

The Selaiyur Sub Registrar Office handles property registrations for Senthil Avenue to Thirumalai Nagar Annex Salai, located at No.36, Bharathmatha Salai, Chennai - 600 073.

What is the land classification for this street?

Senthil Avenue to Thirumalai Nagar Annex Salai is classified as Residential Special Type - II, indicating its suitability for residential development.