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Guideline Value

Corporate

Guideline Value for Sundararaja Perumal Colony 13th Street

₹4400/sq.ft.

The guideline value for Sundararaja Perumal Colony 13th Street in Peravallur village (Sembiam SRO, Chennai zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Special Type - Iv. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Peravallur

Village

Sembiam

SRO

Commercial Special Type - IV
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2680 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1000 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹354 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹325 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

5, Papermills Road, Sembiam, Chennai - 600011.
044-26702002
[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 Sundararaja Perumal Colony 13th Street

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Sundararaja Perumal Colony 13th Street guideline value

The current guideline value of Sundararaja Perumal Colony 13th Street is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Peravallur village, under the Sembiam SRO, and is classified as Commercial Special Type - IV.

How the guideline value of Sundararaja Perumal Colony 13th Street has changed

The guideline value for Sundararaja Perumal Colony 13th Street has undergone several revisions over the years. In 2002, the guideline value was Rs 325 per sq.ft. This increased to Rs 354 per sq.ft in 2003, marking a 9% rise. The value saw a significant jump to Rs 1,000 per sq.ft in 2007, which was a 182% increase. By 2012, the guideline value reached Rs 4,000 per sq.ft, reflecting a 300% increase from the previous revision. However, it dropped to Rs 2,680 per sq.ft in 2017, which was a decrease of 33%.

In 2023, the guideline value was Rs 4,000 per sq.ft, and it increased to Rs 4,400 per sq.ft in 2024, representing a 10% rise. Overall, from 2002 to 2024, the guideline value has increased by 1254%. There are no figures available for the revisions in years not mentioned in this article.

Guideline values in Peravallur

In Peravallur village, there are 423 streets under the Sembiam SRO that carry a 2024 guideline value ranging from Rs 2,200 to Rs 7,100 per sq.ft, with a median value of Rs 3,301 per sq.ft. Sundararaja Perumal Colony 13th Street's 2024 guideline value is above this median.

Stamp duty and registration fee for property in Sundararaja Perumal Colony 13th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value would be Rs 44,00,000. The stamp duty at 7% would amount to Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, bringing the total cost to Rs 3,96,000. 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 more information.

Which Sub Registrar Office covers Sundararaja Perumal Colony 13th Street?

The Sub Registrar Office that covers Sundararaja Perumal Colony 13th Street is the Sembiam Sub Registrar Office, located at 5, Papermills Road, Sembiam, Chennai - 600011. You can find your SRO for further assistance.

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

The guideline value is a critical component during the registration process of property transactions in Peravallur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is in compliance with local regulations.

When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees, which are essential for the legal transfer of property ownership. Buyers and sellers should be aware of the guideline value to ensure they are paying the correct fees during the registration process.

Frequently asked questions

What is the current guideline value of Sundararaja Perumal Colony 13th Street?

The current guideline value of Sundararaja Perumal Colony 13th Street is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 325 per sq.ft in 2002 to Rs 4,400 per sq.ft in 2024, reflecting an overall increase of 1254% over this period.

What is the classification of land in Sundararaja Perumal Colony 13th Street?

The land classification for Sundararaja Perumal Colony 13th Street is Commercial Special Type - IV.

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

The Sub Registrar Office covering Sundararaja Perumal Colony 13th Street is the Sembiam Sub Registrar Office, located at 5, Papermills Road, Sembiam, Chennai - 600011.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value incurs a total fee of Rs 3,96,000.