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Guideline Value

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Guideline Value for T.T.K. Nagar 1rd cross Road"

₹2750/sq.ft.

The guideline value for T.t.k. Nagar 1rd Cross Road" in Peerklankaranai village (Tambaram Joint 1 SRO, Chengalpattu zone) is Rs 2750 per sq.ft, effective 1 July 2024. It was Rs 2500 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

Peerklankaranai

Village

Tambaram Joint 1

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹2750 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2500 /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 T.t.k. Nagar 1rd Cross Road"

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T.T.K. Nagar 1rd cross Road" guideline value

The current guideline value for T.T.K. Nagar 1rd cross Road is Rs 2,750 per sq.ft, effective from 1 July 2024. This road is located in Peerklankaranai village and falls under the Tambaram Joint 1 SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of T.T.K. Nagar 1rd cross Road" has changed

Over the years, the guideline value for T.T.K. Nagar 1rd cross Road has seen several revisions. The 2012 revision set the value at Rs 2,500 per sq.ft, which was then reduced to Rs 1,675 per sq.ft in the 2017 revision. Following this, the value increased to Rs 2,500 per sq.ft in the 2023 revision and further rose to Rs 2,750 per sq.ft in the 2024 revision, marking a 10% increase from the previous year. The overall change from 2012 to 2024 reflects a 10% increase.

The changes between revisions indicate significant fluctuations. From 2017 to 2023, there was a notable increase of 49%, while the change from 2012 to 2017 was a decrease of 33%. It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for this street.

Guideline values in Peerklankaranai

In Peerklankaranai, there are 322 streets under the Tambaram Joint 1 SRO, with guideline values ranging from Rs 880 to Rs 4,400 per sq.ft. The median value for these streets is Rs 1,650 per sq.ft, positioning T.T.K. Nagar 1rd cross Road's 2024 figure above this median.

Stamp duty and registration fee for property in T.T.K. Nagar 1rd cross Road"

For a 1,000 sq.ft plot at the current guideline value of Rs 2,750 per sq.ft, the total guideline value amounts to Rs 27,50,000. The stamp duty at 7% would be Rs 1,92,500, and the registration fee at 2% would be Rs 55,000, bringing the total to Rs 2,47,500. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers T.T.K. Nagar 1rd cross Road"?

The Sub Registrar Office that covers T.T.K. Nagar 1rd cross 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 Peerklankaranai

When buying or selling property in Peerklankaranai, the guideline value plays a crucial role in determining the stamp duty and registration fees. This value is used to assess the financial obligations associated with the transaction, ensuring that both parties are aware of the costs involved.

It is essential for buyers and sellers to understand that the guideline value is a benchmark set by the government, and it may differ from the actual sale price. Therefore, knowing the guideline value can help in making informed decisions during property transactions.

Frequently asked questions

What is the current guideline value for T.T.K. Nagar 1rd cross Road?

The current guideline value for T.T.K. Nagar 1rd cross Road is Rs 2,750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,500 per sq.ft in 2012 to Rs 1,675 per sq.ft in 2017, then back to Rs 2,500 per sq.ft in 2023, and finally to Rs 2,750 per sq.ft in 2024.

What is the land classification for T.T.K. Nagar 1rd cross Road?

The land classification for T.T.K. Nagar 1rd cross Road is Residential Special Type - II.

Where can I find the Sub Registrar Office for T.T.K. Nagar 1rd cross Road?

The Sub Registrar Office for T.T.K. Nagar 1rd cross Road 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 Peerklankaranai?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 27,50,000, the stamp duty would be calculated at 7% of this amount.