Guideline Value

Corporate

Guideline Value for Sivakami Ammal Street

₹1100/sq.ft.

The guideline value for Sivakami Ammal Street in Pattravakkam village (Konnur SRO, Chennai zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Pattravakkam

Village

Konnur

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹300 /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)

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 Sivakami Ammal Street

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Sivakami Ammal Street guideline value

The current guideline value of Sivakami Ammal Street is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Pattravakkam village under the Konnur SRO, classified as Residential Class III Type - I.

How the guideline value of Sivakami Ammal Street has changed

Over the years, the guideline value of Sivakami Ammal Street has undergone several revisions. The 2007 revision recorded a value of Rs 300 per sq.ft, which increased significantly to Rs 1,000 per sq.ft in 2012, marking a rise of 233%. However, in the 2017 revision, the value decreased to Rs 670 per sq.ft, a decline of 33%. The value then rose to Rs 1,000 per sq.ft in the 2023 revision, and currently stands at Rs 1,100 per sq.ft as of the 2024 revision, reflecting a 10% increase.

The register has no figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 267%.

Guideline values in Pattravakkam

In Pattravakkam village, there are 34 streets under the Konnur SRO that have a 2024 guideline value ranging from Rs 1,100 to Rs 4,900 per sq.ft. The median guideline value is Rs 1,500 per sq.ft, which means that the guideline value of Sivakami Ammal Street is below this median.

Stamp duty and registration fee for property in Sivakami Ammal Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, while the registration fee at 2% would be Rs 22,000. Together, the total fees would be Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can also use the stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers Sivakami Ammal Street?

The Sub Registrar Office that covers Sivakami Ammal Street is the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Pattravakkam. It is used to determine the stamp duty and registration fees that buyers must pay when purchasing a property. The guideline value helps ensure that the transaction is recorded accurately and fairly in the official registry.

When selling property, the guideline value can also influence the sale price, as it serves as a benchmark for both buyers and sellers. It is essential to be aware of the current guideline value to make informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value of Sivakami Ammal Street?

The current guideline value of Sivakami Ammal Street is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 300 per sq.ft in 2007 to Rs 1,100 per sq.ft in 2024, reflecting an overall increase of 267% over the years.

What are the other streets in Pattravakkam with their guideline values?

Other streets in Pattravakkam include Sivapuram, Shrinivasa Nagar (Karukku), Shrinivasa Nagar (A) Jeyanthi Nagar, Selva Nagar, Samondeeswari Nagar, and Station Road, with values ranging from Rs 1,100 to Rs 1,500 per sq.ft in 2024.

What is the stamp duty rate for property transactions?

The stamp duty rate for property transactions is 7% of the guideline value or the sale price, whichever is higher.

Where can I find my Sub Registrar Office?

You can find your Sub Registrar Office by visiting the Konnur Sub Registrar Office located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai, or by using the find your SRO link.