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Guideline Value

Corporate

Guideline Value for Sundarambal Kuppusamy Street

₹3850/sq.ft.

The guideline value for Sundarambal Kuppusamy Street in Chitlapakkam village (Tambaram Joint 1 SRO, Chengalpattu zone) is Rs 3850 per sq.ft, effective 1 July 2024. It was Rs 3500 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

Chitlapakkam

Village

Tambaram Joint 1

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹3850 /sq.ft.
From 1-4-2023 ₹3500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2345 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3500 /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)

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 Sundarambal Kuppusamy Street

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Sundarambal Kuppusamy Street guideline value

The current guideline value of Sundarambal Kuppusamy Street is Rs 3,850 per sq.ft. This street is located in Chitlapakkam village, falling under the Tambaram Joint 1 SRO, and is classified as Residential Special Type - II.

How the guideline value of Sundarambal Kuppusamy Street has changed

Over the years, the guideline value of Sundarambal Kuppusamy Street has seen several revisions. The 2012 revision recorded a guideline value of Rs 3,500 per sq.ft, which was then reduced to Rs 2,345 per sq.ft in the 2017 revision. However, the value increased to Rs 3,500 per sq.ft in the 2023 revision and further rose to Rs 3,850 per sq.ft in the 2024 revision. The register has no figure for this street in the years 2002, 2003, and 2007.

From 2012 to 2017, the guideline value decreased by 33%. Following that, there was a significant increase of 49% from 2017 to 2023. The current guideline value reflects an overall increase of 10% from 2012 to 2024.

Guideline values in Chitlapakkam

Chitlapakkam has a total of 548 streets under the Tambaram Joint 1 SRO, with guideline values ranging from Rs 1,100 to Rs 8,800 per sq.ft. The median guideline value in this area is Rs 1,650 per sq.ft, placing Sundarambal Kuppusamy Street's 2024 guideline value above this median.

Stamp duty and registration fee for property in Sundarambal Kuppusamy Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,850 per sq.ft, the total guideline value amounts to Rs 38,50,000. The stamp duty at 7% would be Rs 2,69,500, and the registration fee at 2% would be Rs 77,000, bringing the total to Rs 3,46,500. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more information, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sundarambal Kuppusamy Street?

The Sub Registrar Office that covers Sundarambal Kuppusamy Street 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 details.

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

The guideline value is a crucial factor when registering a property in Chitlapakkam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is transparent and fair.

When a buyer or seller engages in a property transaction, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory for the legal transfer of property ownership. This ensures that both parties are aware of the financial implications of the transaction.

Frequently asked questions

What is the current guideline value of Sundarambal Kuppusamy Street?

The current guideline value of Sundarambal Kuppusamy Street is Rs 3,850 per sq.ft as per the 2024 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,500 per sq.ft in 2023 to Rs 3,850 per sq.ft in 2024, reflecting a 10% increase. It was Rs 2,345 per sq.ft in 2017, showing a 49% increase from that year to 2023.

What is the classification of Sundarambal Kuppusamy Street?

Sundarambal Kuppusamy Street is classified as Residential Special Type - II, which indicates its suitability for residential purposes.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office covering Sundarambal Kuppusamy Street is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059.

How is stamp duty calculated for properties in Chitlapakkam?

Stamp duty is calculated based on the guideline value or the sale price of the property, whichever is higher. For example, for a 1,000 sq.ft plot at the current rate, the total guideline value would be Rs 38,50,000.