Guideline Value

Corporate

Guideline Value for Sundaram Colony Main Road

₹1320/sq.ft.

The guideline value for Sundaram Colony Main Road 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 Main Road

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Sundaram Colony Main Road guideline value

The current guideline value of Sundaram Colony Main Road is Rs 1,320 per sq.ft, effective from 1 July 2024. This road is located in Kadaperi village and falls under the Tambaram Joint 1 SRO with a land classification of Residential Class I Type - III.

How the guideline value of Sundaram Colony Main Road has changed

The guideline value for Sundaram Colony Main Road has seen 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% increase. However, between 2012 and 2017, the value decreased to Rs 804 per sq.ft, reflecting a decline of 33%. The value then rose to Rs 1,200 per sq.ft in 2023, before reaching the current figure of Rs 1,320 per sq.ft in 2024, which is a 10% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 230%. The revisions for the years 2002 and 2003 do not have any figures recorded for this street.

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, with a median value of Rs 1,650 per sq.ft. The guideline value for Sundaram Colony Main Road is below this median.

Stamp duty and registration fee for property in Sundaram Colony Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value would be Rs 13,20,000. The stamp duty at 7% would amount to Rs 92,400, and the registration fee at 2% would be Rs 26,400, bringing the total to Rs 1,18,800. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sundaram Colony Main Road?

The Sub Registrar Office that covers Sundaram Colony Main Road is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, 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 Kadaperi

The guideline value is an essential factor in the registration process of property transactions in Kadaperi. It serves as a benchmark for determining the stamp duty and registration fees that must be paid when buying or selling property in the area.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that both buyers and sellers are aware of the financial obligations involved in the transaction. It is crucial for all parties to understand these values to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Sundaram Colony Main Road?

The current guideline value of Sundaram Colony Main Road 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 the years.

What are the stamp duty and registration fees for property in Sundaram Colony Main Road?

For a 1,000 sq.ft plot, the total guideline value is 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, totaling Rs 1,18,800.

Which Sub Registrar Office covers Sundaram Colony Main Road?

The Tambaram Joint 1 Sub Registrar Office covers Sundaram Colony Main Road, located at No.26, Mes Road, East Tambaram, Chennai-600059.

What is the land classification for Sundaram Colony Main Road?

The land classification for Sundaram Colony Main Road is Residential Class I Type - III, indicating its suitability for residential development.