Guideline Value for CASA GRANDE "CHERRY PICK"
₹2725/sq.ft.
The guideline value for Casa Grande "cherry Pick" in Perumbakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 2725 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Perumbakkam
Village
Selaiyur
SRO
Residential Special Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹2725 /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.36,bharathmatha Salai(opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur,chennai - 600 073.
044-22391102
[email protected]
DRO (District Registrar Office)
Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]
Records for a plot on Casa Grande "cherry Pick"
- 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
- Selaiyur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Casa Grande "cherry Pick" guideline value
The current guideline value for Casa Grande "cherry Pick" is Rs 2,725 per sq.ft, effective from 1 July 2024. This property is located in Perumbakkam village, under the Selaiyur SRO, and is classified as Residential Special Type - I.
How the guideline value of Casa Grande "cherry Pick" has changed
The guideline value for Casa Grande "cherry Pick" has undergone several revisions over the years. The earliest recorded revision was in 2012, where the guideline value was Rs 2,500 per sq.ft. This value remained unchanged until the next revision in 2017, which saw a decrease to Rs 1,675 per sq.ft. In 2023, the value increased significantly to Rs 2,500 per sq.ft, and the most recent revision in 2024 set it at Rs 2,725 per sq.ft.
Between the revisions, the changes were notable. From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value increased by 49%. The transition from 2023 to 2024 marked a rise of 9%. Overall, from 2012 to 2024, the guideline value has increased by 9%.
Guideline values in Perumbakkam
In Perumbakkam, there are 225 streets under the Selaiyur SRO with a 2024 guideline value ranging from Rs 850 to Rs 4,800 per sq.ft. The median value is Rs 2,725 per sq.ft, which is equal to the guideline value of Casa Grande "cherry Pick".
- Casa Vogue: Rs 2,725 per sq.ft (2024)
- Chandrasekaran Nagar: Rs 975 per sq.ft (2024)
- Bollineni Hillside: Rs 2,725 per sq.ft (2024)
- Cheran Nagar: Rs 2,725 per sq.ft (2024)
- Chettinad Villa: Rs 2,725 per sq.ft (2024)
- Bhavathara: Rs 1,300 per sq.ft (2024)
Stamp duty and registration fee for property in Casa Grande "cherry Pick"
For a 1,000 sq.ft plot at the current guideline value of Rs 2,725 per sq.ft, the total guideline value amounts to Rs 27,25,000. The stamp duty, charged at 7%, would be Rs 1,90,750, while the registration fee at 2% would be Rs 54,500. Together, these fees total Rs 2,45,250. It is important to note that the duty is charged on the higher of the guideline value or the sale price.
You can also use our stamp duty and registration fee calculator for more detailed calculations.
Which Sub Registrar Office covers Casa Grande "cherry Pick"?
The Casa Grande "cherry Pick" property falls under the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. To find your SRO, you can visit find your SRO.
How the guideline value is used when you buy or sell in Perumbakkam
The guideline value is a crucial factor during the registration of property transactions in Perumbakkam. It serves as a benchmark for determining 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, both the buyer and seller must consider the guideline value to ensure compliance with legal requirements. This value plays an essential role in the overall transaction process, affecting the financial obligations of both parties involved.
Frequently asked questions
What is the current guideline value of Casa Grande "cherry Pick"?
The current guideline value of Casa Grande "cherry Pick" is Rs 2,725 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 increased to Rs 2,500 per sq.ft in 2023, and finally to Rs 2,725 per sq.ft in 2024.
What is the land classification for Casa Grande "cherry Pick"?
Casa Grande "cherry Pick" is classified as Residential Special Type - I.
What are the registration fees for property transactions?
The registration fee is charged at 2% of the guideline value or sale price, whichever is higher. For example, for a property valued at Rs 27,25,000, the registration fee would be Rs 54,500.
Where is the Selaiyur Sub Registrar Office located?
The Selaiyur Sub Registrar Office is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073.
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