Guideline Value

Corporate

Guideline Value for Subadhra Theru

₹1650/sq.ft.

The guideline value for Subadhra Theru in Perungalathur village (Padappai SRO, Chennai zone) is Rs 1650 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Perungalathur

Village

Padappai

SRO

Residential Class IV Type - II
History
Period Guideline Value
From 1-7-2024 ₹1650 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1005 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1500 /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)

3/158, Pushpagiri Main Rd, Padappai - 601 301.
044-27174392
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Subadhra Theru

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Subadhra Theru guideline value

The current guideline value of Subadhra Theru is Rs 1,650 per sq.ft, effective from 1 July 2024. This street is located in Perungalathur village, under the Padappai Sub Registrar Office (SRO). The land classification for this area is Residential Class IV Type - II.

How the guideline value of Subadhra Theru has changed

The guideline value for Subadhra Theru has seen several revisions over the years. The 2012 revision set the value at Rs 1,500 per sq.ft, which decreased to Rs 1,005 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 1,500 per sq.ft, and the most recent revision in 2024 raised it to Rs 1,650 per sq.ft. Notably, there are no figures available for the revisions in 2002, 2003, and 2007 for this street.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, there was a significant increase of 49%. The overall change from 2012 to 2024 is an increase of 10%, reflecting the current value of Rs 1,650 per sq.ft.

Guideline values in Perungalathur

In Perungalathur, there are 411 streets under the Padappai SRO with a 2024 guideline value ranging from Rs 1,320 to Rs 5,500 per sq.ft. The median value for these streets is Rs 2,310 per sq.ft, placing Subadhra Theru's 2024 figure below this median.

Stamp duty and registration fee for property in Subadhra Theru

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value would be Rs 16,50,000. The stamp duty at 7% would be Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, bringing the total fees to Rs 1,48,500. 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 further calculations.

Which Sub Registrar Office covers Subadhra Theru?

The Sub Registrar Office that covers Subadhra Theru is the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor when buying or selling property in Perungalathur. It serves as a benchmark for determining the minimum value of a property for registration purposes. Buyers and sellers must consider this value to ensure compliance with local regulations during the transaction.

When registering a property, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that the transaction is officially recognized and that all legal requirements are met.

Frequently asked questions

What is the current guideline value of Subadhra Theru?

The current guideline value of Subadhra Theru is Rs 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2012 to Rs 1,005 per sq.ft in 2017, then increased to Rs 1,500 per sq.ft in 2023, and finally to Rs 1,650 per sq.ft in 2024.

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

Other streets in Perungalathur include Subash Street at Rs 2,310 per sq.ft, Subbammal Nagar and S.S. Avenue both at Rs 1,650 per sq.ft, and S.R.S. Nagar Part-3, Part - 2, and S.R.S. Nagar at Rs 2,310 per sq.ft.

What is the registration fee for property in Subadhra Theru?

The registration fee for property in Subadhra Theru is calculated based on the guideline value. For a property valued at Rs 16,50,000, the registration fee would be Rs 33,000 at 2%.

Where can I find more information about my Sub Registrar Office?

You can find more information about your Sub Registrar Office by visiting the Padappai SRO located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone or by using the provided link to find your SRO.