Guideline Value for APMS Nagar
₹900/sq.ft.
The guideline value for Apms Nagar in Mevaloorkuppam village (Sriperumpudur SRO, Chengalpattu zone) is Rs 900 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Mevaloorkuppam
Village
Sriperumpudur
SRO
Residential Special Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹900 /sq.ft. |
| From 1-4-2023 | ₹900 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹603 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹900 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹220 /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
DRO (District Registrar Office)
No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on Apms Nagar
- 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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APMS Nagar guideline value
The current guideline value of APMS Nagar, located in Mevaloorkuppam village under the Sriperumpudur SRO, is Rs 900 per sq.ft as per the 2024 revision effective from 1 July 2024. The land classification for this area is Residential Special Type - I.
How the guideline value of APMS Nagar has changed
Over the years, the guideline value of APMS Nagar has seen several revisions. In 2007, the guideline value was Rs 220 per sq.ft, which increased significantly to Rs 900 per sq.ft in 2012. This marked a substantial rise of 309%. However, from 2012 to 2017, the value decreased by 33% to Rs 603 per sq.ft. The value then increased by 49% to Rs 900 per sq.ft in the 2023 revision, remaining unchanged in the 2024 revision.
The revisions for the years 2002 and 2003 do not have figures recorded for this street. Overall, from 2007 to 2024, the guideline value has increased by 309%.
Guideline values in Mevaloorkuppam
In Mevaloorkuppam, there are 69 streets under the Sriperumpudur SRO, with guideline values ranging from Rs 200 to Rs 2,400 per sq.ft. The median value is Rs 400 per sq.ft, and APMS Nagar's 2024 figure is above this median.
- Arakkonam Salai: Rs 900 per sq.ft (2024)
- Arlington County Phase - IV: Rs 1,344 per sq.ft (2024)
- Arlington County Ph.I: Rs 900 per sq.ft (2024)
- Arlington county Ph.I Extension: Rs 900 per sq.ft (2024)
- Arlington county Ph.II: Rs 900 per sq.ft (2024)
- Anna Street: Rs 300 per sq.ft (2024)
Stamp duty and registration fee for property in APMS Nagar
For a 1,000 sq.ft plot at the current guideline value of Rs 900 per sq.ft, the total guideline value amounts to Rs 9,00,000. The stamp duty at 7% would be Rs 63,000, and the registration fee at 2% would be Rs 18,000, making the total cost for these fees Rs 81,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for further calculations.
Which Sub Registrar Office covers APMS Nagar?
The Sub Registrar Office that covers APMS Nagar is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Mevaloorkuppam
When buying or selling property in Mevaloorkuppam, the guideline value plays a crucial role in determining the stamp duty and registration fees. These fees are calculated based on the guideline value or the sale price, whichever is higher, ensuring that the government receives the appropriate revenue from property transactions.
It is essential for buyers and sellers to be aware of the current guideline values as they directly impact the overall cost of property transactions. Understanding these values can help in making informed decisions during the buying or selling process.
Frequently asked questions
What is the current guideline value of APMS Nagar?
The current guideline value of APMS Nagar is Rs 900 per sq.ft, as per the 2024 revision effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 220 per sq.ft in 2007 to Rs 900 per sq.ft in 2012, then decreased to Rs 603 per sq.ft in 2017, and returned to Rs 900 per sq.ft in 2023 and 2024.
What are the other streets in Mevaloorkuppam?
Other streets in Mevaloorkuppam include Arakkonam Salai, Arlington County Phase - IV, Arlington County Ph.I, Arlington county Ph.I Extension, Arlington county Ph.II, and Anna Street, each with their respective guideline values for 2024.
What are the stamp duty and registration fees for property in APMS Nagar?
The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would amount to Rs 81,000.
Where is the Sub Registrar Office for APMS Nagar located?
The Sub Registrar Office for APMS Nagar is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.
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