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Guideline Value

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Guideline Value for THIRU.V.K NAGAR 8TH STREET

₹2200/sq.ft.

The guideline value for Thiru.v.k Nagar 8th Street 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 ₹1340 /sq.ft.
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 N/A
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 Thiru.v.k Nagar 8th Street

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Thiru.V.K Nagar 8th Street guideline value

The current guideline value of Thiru.V.K Nagar 8th Street is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in Perambur village under the Purasaivakkam SRO and is classified as Residential Class IV Type - I.

How the guideline value of Thiru.V.K Nagar 8th Street has changed

The guideline value for Thiru.V.K Nagar 8th Street has seen several revisions over the years. The 2007 revision set the value at Rs 500 per sq.ft, which increased significantly to Rs 1,340 per sq.ft in 2017, marking a change of 168%. The value then rose to Rs 2,000 per sq.ft in 2023, reflecting a 49% increase from the previous revision. The current value of Rs 2,200 per sq.ft from the 2024 revision represents a 10% increase from 2023.

It is important to note that there are no figures available for the revisions in 2002, 2003, and 2012 for this street. Overall, the guideline value has increased by 340% from Rs 500 per sq.ft in 2007 to Rs 2,200 per sq.ft in 2024.

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, with a median value of Rs 2,700 per sq.ft. The guideline value for Thiru.V.K Nagar 8th Street is below this median.

Stamp duty and registration fee for property in Thiru.V.K Nagar 8th Street

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 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.

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

Which Sub Registrar Office covers Thiru.V.K Nagar 8th Street?

The Sub Registrar Office that covers Thiru.V.K Nagar 8th Street is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Perambur. It is used as a reference point for calculating stamp duty and registration fees during the registration of property transactions. Buyers and sellers must consider this value to ensure compliance with local regulations.

When a property is sold, the guideline value is assessed to determine the applicable fees, which are based on the higher of the guideline value or the sale price. This ensures that all transactions are conducted transparently and fairly.

Frequently asked questions

What is the current guideline value of Thiru.V.K Nagar 8th Street?

The current guideline value of Thiru.V.K Nagar 8th Street is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2007 to Rs 2,200 per sq.ft in 2024, reflecting an overall increase of 340% over the years.

What is the land classification of Thiru.V.K Nagar 8th Street?

Thiru.V.K Nagar 8th Street is classified as Residential Class IV Type - I.

Where can I find the Sub Registrar Office for Thiru.V.K Nagar 8th Street?

The Sub Registrar Office for Thiru.V.K Nagar 8th Street is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.

How is the stamp duty calculated for properties in Thiru.V.K Nagar 8th Street?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For instance, for a property valued at Rs 22,00,000, the stamp duty would be Rs 1,54,000.