Guideline Value for Thiruvengadam Lane

Thiruvengadam Lane guideline value

The current guideline value of Thiruvengadam Lane is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Egmore village under the Periamet SRO and is classified as Residential Class III Type - III.

How the guideline value of Thiruvengadam Lane has changed

The guideline value register shows no figures for Thiruvengadam Lane for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only available figure is from the 2024 revision, which is Rs 4,400 per sq.ft.

In the 2024 revision, the guideline value for Thiruvengadam Lane was set at Rs 4,400 per sq.ft. There have been no changes in the guideline value between the revisions listed above.

Guideline values in Egmore

In Egmore, there are 465 streets under the Periamet SRO that carry a guideline value for 2024, ranging from Rs 2,800 to Rs 22,000 per sq.ft, with a median value of Rs 7,100 per sq.ft. Thiruvengadam Lane's 2024 figure is below this median.

• Thiruvengadam street: Rs 7,100 per sq.ft (2024)
• Thiruveedhi amman koil street: Rs 4,900 per sq.ft (2024)
• Thiyagappa Mudali 1st lane: Rs 7,100 per sq.ft (2024)
• Thiyagappa Mudali 2nd lane: Rs 7,100 per sq.ft (2024)
• Thiyagappa Mudali street: Rs 7,100 per sq.ft (2024)
• Thiygappa Mudali 3rd lane: Rs 7,100 per sq.ft (2024)

Stamp duty and registration fee for property in Thiruvengadam Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value would be Rs 44,00,000. The stamp duty at 7% would amount to Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, totaling Rs 3,96,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Thiruvengadam Lane?

The Sub Registrar Office that covers Thiruvengadam Lane is the Periamet Sub Registrar Office, located at 1103, Poonamallee High Road, Chennai-600 003. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Egmore. It determines the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When buying or selling property, the guideline value helps in assessing the transaction value for taxation purposes. Buyers and sellers should be aware of the current guideline value to ensure compliance with legal requirements during the registration process.

Frequently asked questions

What is the current guideline value of Thiruvengadam Lane?

The current guideline value of Thiruvengadam Lane is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Thiruvengadam Lane has only been recorded in the 2024 revision. There are no figures available for the years 2002, 2003, 2007, 2012, 2017, and 2023.

What is the land classification of Thiruvengadam Lane?

Thiruvengadam Lane is classified as Residential Class III Type - III under the guideline value register.

What are the stamp duty and registration fees for properties in Thiruvengadam Lane?

For a property valued at Rs 44,00,000, the stamp duty would be Rs 3,08,000 and the registration fee would be Rs 88,000, totaling Rs 3,96,000.

Where is the Sub Registrar Office for Thiruvengadam Lane located?

The Sub Registrar Office covering Thiruvengadam Lane is the Periamet Sub Registrar Office, located at 1103, Poonamallee High Road, Chennai-600 003.