Guideline Value for Yamuna Street
₹2750/sq.ft.
The guideline value for Yamuna Street in Chitlapakkam village (Tambaram Joint 1 SRO, Chengalpattu zone) is Rs 2750 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Chitlapakkam
Village
Tambaram Joint 1
SRO
Residential Class I Type - II
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹2750 /sq.ft. |
| From 1-4-2023 | ₹2500 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹1675 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹2500 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | N/A |
| 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.
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[email protected], [email protected]
Records for a plot on Yamuna Street
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Tambaram Joint 1 sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Yamuna Street guideline value
The current guideline value of Yamuna Street is Rs 2,750 per sq.ft, effective from 1 July 2024. This street is located in Chitlapakkam village under the Tambaram Joint 1 SRO and is classified as Residential Class I Type - II.
How the guideline value of Yamuna Street has changed
The guideline value for Yamuna Street has undergone several revisions over the years. In the 2012 revision, the value was set at Rs 2,500 per sq.ft. This figure remained unchanged until the 2017 revision, where it dropped significantly to Rs 1,675 per sq.ft, reflecting a decrease of 33%. The following revision in 2023 saw a substantial increase to Rs 2,500 per sq.ft, and the most recent revision in 2024 raised the value further to Rs 2,750 per sq.ft, marking a 10% increase from the previous year.
There are no figures available for the revisions in 2002, 2003, and 2007 for Yamuna Street. Overall, from 2012 to 2024, the guideline value has increased by 10%.
Guideline values in Chitlapakkam
In Chitlapakkam, there are 548 streets under the Tambaram Joint 1 SRO, with 2024 guideline values ranging from Rs 1,100 to Rs 8,800 per sq.ft. The median guideline value in this village is Rs 1,650 per sq.ft, making Yamuna Street's 2024 figure of Rs 2,750 per sq.ft above the median.
- Vu.Ve.Saminatha Street: Rs 3,850 per sq.ft (2024)
- Vu.Ve.Saminatha Cross Street: Rs 2,750 per sq.ft (2024)
- 50 Feet 3rd Street: Rs 3,300 per sq.ft (2024)
- 50 Feet 4th Street: Rs 3,300 per sq.ft (2024)
- 50 Feet Road: Rs 3,300 per sq.ft (2024)
- 80 Feet Road: Rs 3,300 per sq.ft (2024)
Stamp duty and registration fee for property in Yamuna Street
For a 1,000 sq.ft plot at the current guideline value of Rs 2,750 per sq.ft, the total guideline value amounts to Rs 27,50,000. The stamp duty, charged at 7%, would be Rs 1,92,500, while the registration fee at 2% would be Rs 55,000, bringing the total fees to Rs 2,47,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.
For more information on calculating fees, you can use the stamp duty and registration fee calculator.
Which Sub Registrar Office covers Yamuna Street?
The Sub Registrar Office that covers Yamuna Street 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 details.
How the guideline value is used when you buy or sell in Chitlapakkam
The guideline value is a crucial factor in property transactions in Chitlapakkam, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating sale prices, as the registration fees and stamp duty are calculated based on the guideline value or the sale price, whichever is higher.
Understanding the guideline value helps ensure compliance with local regulations during property transactions. It is advisable to check the latest revisions and values to avoid any discrepancies during registration.
Frequently asked questions
What is the current guideline value of Yamuna Street?
The current guideline value of Yamuna Street is Rs 2,750 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 2,500 per sq.ft in 2012 to Rs 1,675 per sq.ft in 2017, then back to Rs 2,500 per sq.ft in 2023, and finally to Rs 2,750 per sq.ft in 2024.
What are the stamp duty rates for property in Yamuna Street?
The stamp duty for property transactions in Yamuna Street is charged at 7% of the guideline value or the sale price, whichever is higher.
Where can I find the Sub Registrar Office for Yamuna Street?
The Sub Registrar Office for Yamuna Street is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059.
What is the median guideline value in Chitlapakkam?
The median guideline value in Chitlapakkam is Rs 1,650 per sq.ft, with Yamuna Street's value of Rs 2,750 per sq.ft being above this median.
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