Guideline Value

Corporate

Guideline Value for TAMILNADU SLUM CLEARANCE BOARD COLONY

₹2200/sq.ft.

The guideline value for Tamilnadu Slum Clearance Board Colony in Perambur village (Purasaivakkam SRO, Chennai zone) is Rs 2200 per sq.ft, effective 1 July 2024. It was Rs 2000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Perambur

Village

Purasaivakkam

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 ₹2000 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 ₹500 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹369 /sq.ft.
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

93/1, Bricklin Road, Otteri, Chennai- 600 012.
044-26623514
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 Tamilnadu Slum Clearance Board Colony

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Tamilnadu Slum Clearance Board Colony guideline value

The current guideline value for Tamilnadu Slum Clearance Board Colony is Rs 2,200 per sq.ft, effective from 1 July 2024. This colony is located in Perambur village under the Purasaivakkam SRO, and is classified as Residential Class IV Type - I.

How the guideline value of Tamilnadu Slum Clearance Board Colony has changed

The guideline value for Tamilnadu Slum Clearance Board Colony has seen significant changes over the years. The earliest recorded revision was in 2003, with a guideline value of Rs 369 per sq.ft. This figure increased to Rs 500 per sq.ft in 2007, marking a 36% rise. From 2007, the value surged to Rs 2,000 per sq.ft in 2023, representing a substantial 300% increase. The latest revision in 2024 set the guideline value at Rs 2,200 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from 2003 to 2024, the guideline value has increased by 496%. Notably, there are no recorded figures for the years 2002, 2012, and 2017 for this street.

Guideline values in Perambur

In Perambur, there are 1,114 streets under the Purasaivakkam SRO that carry a 2024 guideline value, ranging from Rs 1,600 to Rs 7,100 per sq.ft. The median guideline value in this area is Rs 2,700 per sq.ft, indicating that the guideline value for Tamilnadu Slum Clearance Board Colony is below this median.

Stamp duty and registration fee for property in Tamilnadu Slum Clearance Board Colony

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, bringing the total fees together to Rs 1,98,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Tamilnadu Slum Clearance Board Colony?

The Tamilnadu Slum Clearance Board Colony falls under the jurisdiction of the Purasaivakkam Sub Registrar Office located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. You can find your SRO for more details.

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

The guideline value is a crucial factor during property transactions in Perambur, as it determines the minimum value at which properties can be registered. When a property is bought or sold, the guideline value is used to calculate the applicable stamp duty and registration fees, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value for Tamilnadu Slum Clearance Board Colony?

The current guideline value for Tamilnadu Slum Clearance Board Colony is Rs 2,200 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed significantly from Rs 369 per sq.ft in 2003 to Rs 2,200 per sq.ft in 2024, an overall increase of 496%.

What is the stamp duty rate for properties in Tamilnadu Slum Clearance Board Colony?

The stamp duty rate for properties in Tamilnadu Slum Clearance Board Colony is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Tamilnadu Slum Clearance Board Colony?

The Sub Registrar Office covering Tamilnadu Slum Clearance Board Colony is the Purasaivakkam SRO, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.

What is the median guideline value for streets in Perambur?

The median guideline value for streets in Perambur is Rs 2,700 per sq.ft, while the Tamilnadu Slum Clearance Board Colony's guideline value is below this median.