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Guideline Value

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Guideline Value for ANNAI PADMAVATHY NAGAR Phase -I,II,III,IV&Extension

₹1212/sq.ft.

The guideline value for Annai Padmavathy Nagar Phase -i,ii,iii,iv&extension in Melamaiyur village (Chengleput Joint I SRO, Chengalpattu zone) is Rs 1212 per sq.ft, effective 1 July 2024. It was Rs 1100 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Melamaiyur

Village

Chengleput Joint I

SRO

Mixed Type - I
History
Period Guideline Value
From 1-7-2024 ₹1212 /sq.ft.
From 1-4-2023 ₹1100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹737 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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)

10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27423054
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Annai Padmavathy Nagar Phase -i,ii,iii,iv&extension

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ANNAI PADMAVATHY NAGAR Phase -I,II,III,IV&Extension guideline value

The current guideline value for ANNAI PADMAVATHY NAGAR Phase -I,II,III,IV&Extension is Rs 1,212 per sq.ft, effective from 1 July 2024. This area is located in Melamaiyur village, under the Chengleput Joint I SRO, and is classified as Mixed Type - I.

How the guideline value of ANNAI PADMAVATHY NAGAR Phase -I,II,III,IV&Extension has changed

The guideline value for ANNAI PADMAVATHY NAGAR has seen several revisions over the years. The 2017 revision recorded a value of Rs 737 per sq.ft, which increased to Rs 1,100 per sq.ft in the 2023 revision. The current 2024 revision further raised this to Rs 1,212 per sq.ft, marking a 10% increase from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 64%.

It is important to note that there are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street. The 2024 value of Rs 1,212 per sq.ft aligns with the median guideline value for the 37 streets in Melamaiyur under the Chengleput Joint I SRO, which ranges from Rs 440 to Rs 3,000 per sq.ft.

Guideline values in Melamaiyur

In Melamaiyur, the guideline values vary across different streets. The current guideline value for ANNAI PADMAVATHY NAGAR is equal to the median value of Rs 1,212 per sq.ft. Below are the guideline values for other streets in Melamaiyur:

Stamp duty and registration fee for property in ANNAI PADMAVATHY NAGAR Phase -I,II,III,IV&Extension

For a 1,000 sq.ft plot at the current guideline value of Rs 1,212 per sq.ft, the total guideline value amounts to Rs 12,12,000. The stamp duty at 7% would be Rs 84,840, and the registration fee at 2% would be Rs 24,240, bringing the total to Rs 1,09,080. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers ANNAI PADMAVATHY NAGAR Phase -I,II,III,IV&Extension?

The ANNAI PADMAVATHY NAGAR Phase -I,II,III,IV&Extension area is covered by the Chengleput Joint I Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, 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 Melamaiyur

The guideline value plays a crucial role in the registration process of property transactions in Melamaiyur. It is used to determine the stamp duty and registration fees that must be paid when buying or selling property. The guideline value ensures that the government receives appropriate revenue from property transactions.

When a buyer or seller approaches the registration office, the guideline value is assessed to calculate the applicable fees. This value is essential for both parties to understand their financial obligations during the transaction process.

Frequently asked questions

What is the current guideline value for ANNAI PADMAVATHY NAGAR?

The current guideline value for ANNAI PADMAVATHY NAGAR Phase -I,II,III,IV&Extension is Rs 1,212 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 737 per sq.ft to Rs 1,212 per sq.ft in 2024, marking an overall increase of 64% over this period.

What are the stamp duty rates for properties in ANNAI PADMAVATHY NAGAR?

The stamp duty for properties in ANNAI PADMAVATHY NAGAR is charged at 7% of the guideline value or sale price, whichever is higher. The registration fee is charged at 2% of the guideline value.

Which office handles property registrations for ANNAI PADMAVATHY NAGAR?

The Chengleput Joint I Sub Registrar Office handles property registrations for ANNAI PADMAVATHY NAGAR, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

What is the land classification for ANNAI PADMAVATHY NAGAR?

ANNAI PADMAVATHY NAGAR is classified as Mixed Type - I, which indicates the type of land use permitted in the area.