Guideline Value for A.S.K.Nagar Phase -II
₹200/sq.ft.
The guideline value for A.s.k.nagar Phase -ii in Karunagaracheri village (Sriperumpudur SRO, Chengalpattu zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Karunagaracheri
Village
Sriperumpudur
SRO
Residential Special Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹200 /sq.ft. |
| From 1-4-2023 | ₹200 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹134 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹200 /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
DRO (District Registrar Office)
No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on A.s.k.nagar Phase -ii
- 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
- Sriperumpudur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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A.S.K.Nagar Phase -II guideline value
The current guideline value of A.S.K.Nagar Phase -II is Rs 200 per sq.ft, effective from 1 July 2024. This area is located in Karunagaracheri village, under the Sriperumpudur SRO, and is classified as Residential Special Type - I.
How the guideline value of A.S.K.Nagar Phase -II has changed
Over the years, the guideline value for A.S.K.Nagar Phase -II has undergone several revisions. The 2012 revision set the value at Rs 200 per sq.ft, which remained unchanged until the 2017 revision, where it decreased to Rs 134 per sq.ft. Following this, the 2023 revision brought the value back to Rs 200 per sq.ft, and the current 2024 revision maintains this figure with no change from the previous year.
From 2017 to 2023, there was a significant increase of 49%. However, the overall change from the 2012 to 2024 revisions shows no increase, as the guideline value remains at Rs 200 per sq.ft. The register has no figures for the years 2002, 2003, and 2007 for this street.
Guideline values in Karunagaracheri
In Karunagaracheri, there are 11 streets under the Sriperumpudur SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 300 per sq.ft, with a median value of Rs 200 per sq.ft. A.S.K.Nagar Phase -II's guideline value aligns with this median.
- A.S.K Nagar: Rs 200 per sq.ft (2024)
- Azhagar City: Rs 200 per sq.ft (2024)
- Manthillaiyamman Koil Street: Rs 100 per sq.ft (2024)
- Narayanapuram: Rs 200 per sq.ft (2024)
- Perumal Koil Street: Rs 200 per sq.ft (2024)
- Sasthapuri: Rs 200 per sq.ft (2024)
Stamp duty and registration fee for property in A.S.K.Nagar Phase -II
For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, totaling Rs 18,000. 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 calculations.
Which Sub Registrar Office covers A.S.K.Nagar Phase -II?
The Sub Registrar Office that covers A.S.K.Nagar Phase -II is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO online for more information.
How the guideline value is used when you buy or sell in Karunagaracheri
The guideline value is a crucial factor when registering property transactions in Karunagaracheri. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate stamp duty and registration fees based on this value.
When buying or selling property, both parties must consider the guideline value as it impacts the overall costs involved in the transaction. The registration process will require adherence to these values to ensure compliance with local regulations.
Frequently asked questions
What is the current guideline value of A.S.K.Nagar Phase -II?
The current guideline value of A.S.K.Nagar Phase -II is Rs 200 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has seen various changes, with Rs 200 per sq.ft in 2012, dropping to Rs 134 per sq.ft in 2017, and returning to Rs 200 per sq.ft in 2023 and 2024.
What are the other streets with guideline values in Karunagaracheri?
Other streets in Karunagaracheri include Azhagar City, Narayanapuram, Perumal Koil Street, and Sasthapuri, all with a guideline value of Rs 200 per sq.ft in 2024, while Manthillaiyamman Koil Street has a value of Rs 100 per sq.ft.
How is stamp duty calculated for property transactions?
Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 2,00,000, the stamp duty at 7% would be Rs 14,000.
Where can I find the Sub Registrar Office for A.S.K.Nagar Phase -II?
The Sub Registrar Office for A.S.K.Nagar Phase -II is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.
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