Guideline Value

Corporate

Guideline Value for Thiruvallur Road

₹400/sq.ft.

The guideline value for Thiruvallur Road in Perampakkam village (Perambakkam SRO, Chennai zone) is Rs 400 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Perampakkam

Village

Perambakkam

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹400 /sq.ft.
From 1-4-2023 ₹400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹268 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹400 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹150 /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)

Jothi Ramalinga Nagar. Near Post Office. Perambakkam. 631402
044-27655200
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Thiruvallur Road

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Thiruvallur Road guideline value

The current guideline value of Thiruvallur Road is Rs 400 per sq.ft, effective from 1 July 2024. This road is located in Perampakkam village, under the Perambakkam SRO, and is classified as Residential Class I Type - I.

How the guideline value of Thiruvallur Road has changed

Over the years, the guideline value of Thiruvallur Road has seen several revisions. The earliest figure available is from the 2007 revision, which was Rs 150 per sq.ft. This increased significantly to Rs 400 per sq.ft in the 2012 revision. However, the 2017 revision saw a decrease to Rs 268 per sq.ft. The subsequent revisions in 2023 and 2024 maintained the value at Rs 400 per sq.ft, showing no change.

Between the revisions, the most notable changes occurred from 2007 to 2012, with an increase of 167%, and from 2017 to 2023, which saw an increase of 49%. Overall, from 2007 to 2024, the guideline value has increased by 167%. The register does not contain figures for the years 2002 and 2003 for this street.

Guideline values in Perampakkam

In Perampakkam, there are 20 streets under the Perambakkam SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 500 per sq.ft, with a median value of Rs 350 per sq.ft. Thiruvallur Road's 2024 figure of Rs 400 per sq.ft is above this median.

Stamp duty and registration fee for property in Thiruvallur Road

For a 1,000 sq.ft plot at the current rate of Rs 400 per sq.ft, the guideline value would be Rs 4,00,000. The stamp duty at 7% would amount to Rs 28,000, and the registration fee at 2% would be Rs 8,000, totaling Rs 36,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Thiruvallur Road?

The Sub Registrar Office that covers Thiruvallur Road is the Perambakkam Sub Registrar Office, located at Jothi Ramalinga Nagar, Near Post Office, Perambakkam, 631402, Chennai registration zone. You can find your SRO for more details.

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

When buying or selling property in Perampakkam, the guideline value is a critical factor in the registration process. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

The guideline value ensures that property transactions are conducted fairly and transparently. Buyers and sellers should be aware of the current guideline value to ensure compliance with local regulations and to accurately calculate the associated costs of property transfer.

Frequently asked questions

What is the current guideline value of Thiruvallur Road?

The current guideline value of Thiruvallur Road is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has experienced several changes, with the most significant increase occurring from Rs 150 per sq.ft in 2007 to Rs 400 per sq.ft in 2012. The value remained at Rs 400 per sq.ft from 2012 to 2024.

What are the other streets in Perampakkam and their guideline values?

Other streets in Perampakkam include Vaaniar St at Rs 300 per sq.ft, Vanniar St at Rs 400 per sq.ft, Sathya Sai Nagar at Rs 300 per sq.ft, Puttalaman Koil St (Pandaram St) at Rs 350 per sq.ft, Pettai St at Rs 350 per sq.ft, and Perumal Koil St at Rs 400 per sq.ft.

What are the stamp duty and registration fees for property transactions?

Stamp duty is charged at 7% of the guideline value or the sale price, whichever is higher, while the registration fee is 2% of the same. For example, a 1,000 sq.ft plot at Rs 400 per sq.ft would incur a total cost of Rs 36,000 in fees.

Where can I find more information about the Sub Registrar Office?

The Perambakkam Sub Registrar Office covers Thiruvallur Road and is located at Jothi Ramalinga Nagar, Near Post Office, Perambakkam, 631402, Chennai registration zone. More details can be found by visiting the appropriate links.