Guideline Value

Corporate

Guideline Value for T.T.K. Nagar 4th Main Road Ext

₹2750/sq.ft.

The guideline value for T.t.k. Nagar 4th Main Road Ext 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 4th Main Road Ext

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T.T.K. Nagar 4th Main Road Ext guideline value

The current guideline value for T.T.K. Nagar 4th Main Road Ext is Rs 2,750 per sq.ft, effective from 1 July 2024. This property is located in Peerklankaranai village under the Tambaram Joint 1 SRO, classified as Residential Special Type - II.

How the guideline value of T.T.K. Nagar 4th Main Road Ext has changed

The guideline value for T.T.K. Nagar 4th Main Road Ext has undergone several revisions over the years. The earliest recorded revision was in 2012, where the value was set at Rs 2,500 per sq.ft. This figure remained unchanged until the 2017 revision, which saw a decrease of 33% to Rs 1,675 per sq.ft. Following this, the value increased significantly by 49% in 2023 to Rs 2,500 per sq.ft, and then rose by 10% to the current value of Rs 2,750 per sq.ft in 2024. It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for this street.

Overall, from 2012 to 2024, the guideline value has increased by 10%. The changes from 2023 to 2024 reflect a 10% rise, indicating a steady adjustment in the property valuation in recent years.

Guideline values in Peerklankaranai

In Peerklankaranai, there are 322 streets under the Tambaram Joint 1 SRO that have a 2024 guideline value ranging from Rs 880 to Rs 4,400 per sq.ft. The median value for these streets is Rs 1,650 per sq.ft, placing T.T.K. Nagar 4th Main Road Ext above this median.

Stamp duty and registration fee for property in T.T.K. Nagar 4th Main Road Ext

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, while the registration fee at 2% would be Rs 55,000, bringing the total to Rs 2,47,500. It is essential to note that the duty is charged on the higher of the guideline value and the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers T.T.K. Nagar 4th Main Road Ext?

The T.T.K. Nagar 4th Main Road Ext falls under 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 Peerklankaranai

The guideline value is an essential factor when registering property transactions in Peerklankaranai. It serves as a baseline for determining the stamp duty and registration fees that need to be paid during the property registration process.

When buying or selling property, the guideline value helps to ensure that the transaction is recorded accurately and transparently. It is important for both buyers and sellers to be aware of the current guideline value to understand the financial implications of their transaction.

Frequently asked questions

What is the current guideline value for T.T.K. Nagar 4th Main Road Ext?

The current guideline value for T.T.K. Nagar 4th Main Road Ext 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 2023 to Rs 2,750 per sq.ft in 2024, marking a 10% increase. It was Rs 1,675 per sq.ft in 2017 and Rs 2,500 per sq.ft in 2012, showing fluctuations in the values over the years.

What is the median guideline value in Peerklankaranai?

The median guideline value for streets in Peerklankaranai is Rs 1,650 per sq.ft. T.T.K. Nagar 4th Main Road Ext's 2024 value is above this median.

What are the stamp duty and registration fees for properties in T.T.K. Nagar 4th Main Road Ext?

For a property valued at Rs 27,50,000, the stamp duty is Rs 1,92,500 and the registration fee is Rs 55,000, totaling Rs 2,47,500. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles the registration for T.T.K. Nagar 4th Main Road Ext?

The registration for T.T.K. Nagar 4th Main Road Ext is handled by the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059.