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Guideline Value

Corporate

Guideline Value for Thiruvalluvarpuram 2-nd Cross St

₹2200/sq.ft.

The guideline value for Thiruvalluvarpuram 2-nd Cross St in Irumpuliyur village (Tambaram Joint 1 SRO, Chengalpattu 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 Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Irumpuliyur

Village

Tambaram Joint 1

SRO

Residential Special Type - II
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 ₹2000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹600 /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)

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 Thiruvalluvarpuram 2-nd Cross St

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Thiruvalluvarpuram 2-nd Cross St guideline value

The current guideline value of Thiruvalluvarpuram 2-nd Cross St is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in Irumpuliyur village and falls under the Tambaram Joint 1 SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of Thiruvalluvarpuram 2-nd Cross St has changed

Over the years, the guideline value for Thiruvalluvarpuram 2-nd Cross St has seen significant revisions. The 2007 revision recorded a guideline value of Rs 600 per sq.ft, which increased dramatically to Rs 2,000 per sq.ft in 2012, marking a rise of 233%. However, from 2012 to 2017, the value decreased to Rs 1,340 per sq.ft, a drop of 33%. The guideline value then rose to Rs 2,000 per sq.ft in 2023, reflecting a 49% increase. The most recent revision in 2024 has set the value at Rs 2,200 per sq.ft, which is a 10% increase from the previous year.

The register has no figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 267%.

Guideline values in Irumpuliyur

In Irumpuliyur, there are 218 streets under the Tambaram Joint 1 SRO that carry a 2024 guideline value, ranging from Rs 880 to Rs 6,600 per sq.ft. The median value is Rs 2,200 per sq.ft, which is equal to the current value of Thiruvalluvarpuram 2-nd Cross St.

Stamp duty and registration fee for property in Thiruvalluvarpuram 2-nd Cross St

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 to Rs 1,98,000. Please note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Thiruvalluvarpuram 2-nd Cross St?

The Sub Registrar Office that covers Thiruvalluvarpuram 2-nd Cross St is 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 Irumpuliyur

The guideline value is a crucial factor in property registration in Irumpuliyur. It determines the minimum value at which a property can be registered, ensuring that the transaction is documented at a fair value. Buyers and sellers must consider this value when negotiating prices, as it influences the stamp duty and registration fees applicable to the transaction.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees, which are essential for completing the registration process. This ensures that all transactions are recorded accurately and transparently in the official registry.

Frequently asked questions

What is the current guideline value of Thiruvalluvarpuram 2-nd Cross St?

The current guideline value of Thiruvalluvarpuram 2-nd Cross St 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 600 per sq.ft in 2007 to Rs 2,200 per sq.ft in 2024, reflecting an overall increase of 267% over the years.

What is the land classification for Thiruvalluvarpuram 2-nd Cross St?

The land classification for Thiruvalluvarpuram 2-nd Cross St is Residential Special Type - II.

Where can I find the registration office for Thiruvalluvarpuram 2-nd Cross St?

The registration office for Thiruvalluvarpuram 2-nd Cross St is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059.

How is stamp duty calculated for properties in Irumpuliyur?

Stamp duty for properties in Irumpuliyur is calculated based on the higher of the guideline value or the sale price. For example, if the guideline value is Rs 22,00,000, the stamp duty would be calculated at 7% of this amount.