Guideline Value

Corporate

Guideline Value for Sundaram Colony 4th Street

₹1320/sq.ft.

The guideline value for Sundaram Colony 4th Street in Kadaperi village (Tambaram Joint 1 SRO, Chengalpattu zone) is Rs 1320 per sq.ft, effective 1 July 2024. It was Rs 1200 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kadaperi

Village

Tambaram Joint 1

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹1320 /sq.ft.
From 1-4-2023 ₹1200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹804 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1200 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹400 /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.26,mes Road, East Tambaram, Chennai-600059.
044-22397171
[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 Sundaram Colony 4th Street

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Sundaram Colony 4th Street guideline value

The current guideline value of Sundaram Colony 4th Street is Rs 1,320 per sq.ft, effective from 1 July 2024. This street is located in Kadaperi village and falls under the Tambaram Joint 1 SRO. The land classification for this area is Residential Class I Type - III.

How the guideline value of Sundaram Colony 4th Street has changed

The guideline value for Sundaram Colony 4th Street has undergone several revisions over the years. In 2007, the value was Rs 400 per sq.ft, which increased significantly to Rs 1,200 per sq.ft in 2012, marking a 200% rise. However, it then decreased to Rs 804 per sq.ft in 2017, reflecting a 33% drop. The value saw a substantial increase of 49% to reach Rs 1,200 per sq.ft in 2023, and most recently, it has risen by 10% to Rs 1,320 per sq.ft in 2024.

It is important to note that the register has no figures for Sundaram Colony 4th Street for the years 2002 and 2003. Overall, from 2007 to 2024, the guideline value has increased by 230%.

Guideline values in Kadaperi

In Kadaperi, there are 142 streets under the Tambaram Joint 1 SRO that carry a 2024 guideline value, ranging from Rs 880 to Rs 7,700 per sq.ft. The median guideline value for these streets is Rs 1,650 per sq.ft, placing Sundaram Colony 4th Street's 2024 figure below that median.

Stamp duty and registration fee for property in Sundaram Colony 4th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value amounts to Rs 13,20,000. The stamp duty at 7% would be Rs 92,400, and the registration fee at 2% would be Rs 26,400, bringing the total cost for these fees to Rs 1,18,800. It is important to note that 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 more detailed calculations.

Which Sub Registrar Office covers Sundaram Colony 4th Street?

The Sub Registrar Office that covers Sundaram Colony 4th Street is the Tambaram Joint 1 Sub Registrar Office, located at No.26, mes Road, East Tambaram, Chennai-600059, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Kadaperi. It serves as a reference point for determining the stamp duty and registration fees, which are calculated based on the guideline value or the sale price, whichever is higher.

When engaging in a property transaction, it is essential to be aware of the current guideline value, as it directly impacts the overall costs associated with the transfer of ownership.

Frequently asked questions

What is the current guideline value of Sundaram Colony 4th Street?

The current guideline value of Sundaram Colony 4th Street is Rs 1,320 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 400 per sq.ft in 2007 to Rs 1,320 per sq.ft in 2024, reflecting an overall increase of 230% over this period.

What are the other streets in Kadaperi with the same guideline value?

Other streets in Kadaperi with the same 2024 guideline value of Rs 1,320 per sq.ft include Sundaram Colony 1st Street, Sundaram Colony 2nd Street, Sundaram Colony 3rd Street, Sundaram Colony Main Road, Sundaram Salai East Street, and Subramania Barathi Street.

What is the stamp duty on property in Sundaram Colony 4th Street?

The stamp duty on property in Sundaram Colony 4th Street is 7% of the guideline value or sale price, whichever is higher. For a property valued at Rs 13,20,000, the stamp duty would be Rs 92,400.

Where can I find the Sub Registrar Office for Sundaram Colony 4th Street?

The Sub Registrar Office for Sundaram Colony 4th Street is the Tambaram Joint 1 Sub Registrar Office, located at No.26, mes Road, East Tambaram, Chennai-600059.