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Guideline Value

Corporate

Guideline Value for CMDA LAYOUT NENNAIKARAI (WARD -3)

₹1320/sq.ft.

The guideline value for Cmda Layout Nennaikarai (ward -3) in Sattamangalam village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 1320 per sq.ft, effective 1 July 2024. It was Rs 1200 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - V. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Sattamangalam

Village

Chengleput Joint II

SRO

Residential Special Type - V
History
Period Guideline Value
From 1-7-2024 ₹1320 /sq.ft.
From 1-4-2023 ₹1200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹804 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1200 /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)

10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[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 Cmda Layout Nennaikarai (ward -3)

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Cmda Layout Nennaikarai (Ward -3) guideline value

The current guideline value for Cmda Layout Nennaikarai (Ward -3) is Rs 1,320 per sq.ft, effective from 1 July 2024. This area is located in Sattamangalam village and falls under the Chengleput Joint II SRO. The land classification for this location is Residential Special Type - V.

How the guideline value of Cmda Layout Nennaikarai (Ward -3) has changed

Looking at the historical revisions, the guideline value for Cmda Layout Nennaikarai was Rs 1,200 per sq.ft in 2023, which increased to Rs 1,320 per sq.ft in 2024, marking a change of +10%. Prior to that, in 2017, the value was Rs 804 per sq.ft, showing a significant increase of +49% by 2023. The value saw a decrease of -33% from Rs 1,200 per sq.ft in 2012 to Rs 804 per sq.ft in 2017. Overall, from 2012 to 2024, the guideline value has increased by +10%.

The register has no figures for the years 2002, 2003, and 2007 for this street. In 2012, the value was Rs 1,200 per sq.ft, and it remained the same until the 2017 revision.

Guideline values in Sattamangalam

In Sattamangalam village, there are 425 streets under the Chengleput Joint II SRO that carry a 2024 guideline value, ranging from Rs 440 to Rs 2,200 per sq.ft. The median guideline value is Rs 1,100 per sq.ft, and Cmda Layout Nennaikarai's current value is above this median.

Stamp duty and registration fee for property in Cmda Layout Nennaikarai (Ward -3)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value would be Rs 13,20,000. The stamp duty at 7% would amount to Rs 92,400, and the registration fee at 2% would be Rs 26,400, making the total fees together Rs 1,18,800. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Cmda Layout Nennaikarai (Ward -3)?

The Sub Registrar Office that covers Cmda Layout Nennaikarai (Ward -3) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Sattamangalam

The guideline value is a crucial factor during property transactions in Sattamangalam. It serves as a benchmark for determining the minimum value at which property can be registered, ensuring that the state collects appropriate revenue through stamp duty and registration fees.

When buyers and sellers agree on a sale price, the guideline value is checked to ensure compliance with registration norms. If the sale price is lower than the guideline value, the higher value is used for calculating stamp duty and registration fees.

Frequently asked questions

What is the current guideline value for Cmda Layout Nennaikarai (Ward -3)?

The current guideline value for Cmda Layout Nennaikarai (Ward -3) is Rs 1,320 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

From 2023 to 2024, the guideline value increased by 10%, from Rs 1,200 per sq.ft to Rs 1,320 per sq.ft. Overall, from 2012 to 2024, there has been a 10% increase.

What is the land classification for Cmda Layout Nennaikarai (Ward -3)?

The land classification for Cmda Layout Nennaikarai (Ward -3) is Residential Special Type - V.

Where can I find the Chengleput Joint II SRO?

The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone.

How is stamp duty calculated for properties in Sattamangalam?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, if the guideline value is Rs 13,20,000, the stamp duty at 7% would be Rs 92,400.