Guideline Value

Corporate

Guideline Value for T.T.K.Nagar 3rd Main Road

₹2750/sq.ft.

The guideline value for T.t.k.nagar 3rd Main 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 3rd Main Road

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T.T.K.Nagar 3rd Main Road guideline value

The current guideline value for T.T.K.Nagar 3rd Main Road in Peerklankaranai village is Rs 2,750 per sq.ft, effective from 1 July 2024. This property falls under the Tambaram Joint 1 SRO and is classified as Residential Special Type - II.

How the guideline value of T.T.K.Nagar 3rd Main Road has changed

The guideline value has seen several revisions over the years. The 2012 revision set the value at Rs 2,500 per sq.ft, which was a decrease of 33% from the 2017 revision of Rs 1,675 per sq.ft. The 2023 revision increased the value to Rs 2,500 per sq.ft, and the most recent 2024 revision raised it further to Rs 2,750 per sq.ft, marking a 10% increase from the previous year.

In summary, from the 2012 revision to the 2024 revision, the overall change has been an increase of 10%. It is important to note that the register has no figures for the years 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 is Rs 1,650 per sq.ft, placing T.T.K.Nagar 3rd Main Road above this median.

Stamp duty and registration fee for property in T.T.K.Nagar 3rd Main Road

For a 1,000 sq.ft plot at the current rate of Rs 2,750 per sq.ft, the guideline value would be Rs 27,50,000. The stamp duty at 7% would amount to Rs 1,92,500, and the registration fee at 2% would be Rs 55,000, totaling Rs 2,47,500. It is important to note that duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers T.T.K.Nagar 3rd Main Road?

The T.T.K.Nagar 3rd Main Road is covered by 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

The guideline value is a critical factor in property transactions, as it determines the stamp duty and registration fees that need to be paid at the time of registration. Buyers and sellers must be aware of the current guideline value to ensure they are compliant with the legal requirements during property transactions.

When a property is sold, the guideline value is used to assess the applicable charges, which are based on the higher of the guideline value or the sale price. This ensures that all parties are aware of their financial obligations during the transfer of property ownership.

Frequently asked questions

What is the current guideline value for T.T.K.Nagar 3rd Main Road?

The current guideline value for T.T.K.Nagar 3rd Main 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 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 various changes over the years.

What is the land classification for T.T.K.Nagar 3rd Main Road?

The land classification for T.T.K.Nagar 3rd Main Road is Residential Special Type - II, indicating its designated use for residential purposes.

Which Sub Registrar Office covers T.T.K.Nagar 3rd Main Road?

The Tambaram Joint 1 Sub Registrar Office covers T.T.K.Nagar 3rd Main Road, located at No.26, Mes Road, East Tambaram, Chennai-600059.

How is the stamp duty calculated for properties in T.T.K.Nagar 3rd Main Road?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 27,50,000, the stamp duty at 7% would be Rs 1,92,500.