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Guideline Value

Corporate

Guideline Value for THIRUVALLUVARPURAM (A) SRI VALLUVARPURAM

₹3800/sq.ft.

The guideline value for Thiruvalluvarpuram (a) Sri Valluvarpuram in Perambur village (Purasaivakkam SRO, Chennai zone) is Rs 3800 per sq.ft, effective 1 July 2024. It was Rs 3500 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Perambur

Village

Purasaivakkam

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹3800 /sq.ft.
From 1-4-2023 ₹3500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2345 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1100 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹443 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹404 /sq.ft.
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 Thiruvalluvarpuram (a) Sri Valluvarpuram

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Thiruvalluvarpuram (A) Sri Valluvarpuram guideline value

The current guideline value of Thiruvalluvarpuram (A) Sri Valluvarpuram is Rs 3,800 per sq.ft, effective from 1 July 2024. This area is located in Perambur village under the Purasaivakkam SRO, classified as Residential Class II Type - II.

How the guideline value of Thiruvalluvarpuram (A) Sri Valluvarpuram has changed

The guideline value for Thiruvalluvarpuram (A) Sri Valluvarpuram has seen several revisions over the years. Starting from Rs 404 per sq.ft in 2002, it increased to Rs 443 per sq.ft in 2003. The value then rose significantly to Rs 1,100 per sq.ft in 2007, marking an increase of 148%. The next revision in 2012 brought the value to Rs 3,500 per sq.ft, representing a substantial increase of 218%. However, in 2017, the value decreased to Rs 2,345 per sq.ft, a decline of 33%. The guideline value then increased to Rs 3,500 per sq.ft in 2023, followed by the current rate of Rs 3,800 per sq.ft in 2024, reflecting a 9% increase.

Overall, from 2002 to 2024, the guideline value has increased by 841%. There are no figures available for any other years for this street in the register.

Guideline values in Perambur

In Perambur, there are 1,114 streets under the Purasaivakkam SRO, with 2024 guideline values ranging from Rs 1,600 to Rs 7,100 per sq.ft. The median value is Rs 2,700 per sq.ft, which means that the guideline value for Thiruvalluvarpuram (A) Sri Valluvarpuram is above that median.

Stamp duty and registration fee for property in Thiruvalluvarpuram (A) Sri Valluvarpuram

For a 1,000 sq.ft plot at the current guideline value of Rs 3,800 per sq.ft, the total guideline value would be Rs 38,00,000. The stamp duty at 7% would be Rs 2,66,000, and the registration fee at 2% would be Rs 76,000, bringing the total to Rs 3,42,000. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Thiruvalluvarpuram (A) Sri Valluvarpuram?

The Purasaivakkam Sub Registrar Office covers Thiruvalluvarpuram (A) Sri Valluvarpuram. The office is 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 is a crucial factor in property transactions in Perambur. It serves as a benchmark for determining the minimum value at which a property can be registered. When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees that need to be paid during the registration process.

It is essential for buyers and sellers to be aware of the current guideline value to ensure compliance with legal requirements. The guideline value reflects the government’s assessment of property values in the area, which can impact the overall transaction process.

Frequently asked questions

What is the current guideline value of Thiruvalluvarpuram (A) Sri Valluvarpuram?

The current guideline value of Thiruvalluvarpuram (A) Sri Valluvarpuram is Rs 3,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 404 per sq.ft in 2002 to Rs 3,800 per sq.ft in 2024, reflecting an overall increase of 841% over this period.

What are the stamp duty and registration fees for property in Thiruvalluvarpuram?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 2,66,000, and the registration fee would be Rs 76,000, totaling Rs 3,42,000.

Which Sub Registrar Office covers Thiruvalluvarpuram?

The Purasaivakkam Sub Registrar Office covers Thiruvalluvarpuram (A) Sri Valluvarpuram, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.

Where can I find more information about the guideline value?

More information about the guideline value can be found in the Registration Department's guideline value register (TNReginet) or by visiting the relevant Sub Registrar Office.