Guideline Value for Chellaperumal Nagar

Chellaperumal Nagar guideline value

The current guideline value of Chellaperumal Nagar is Rs 700 per sq.ft, effective from 1 July 2024. This area is located in Sriperumbudur A village under the Sriperumpudur SRO, classified as Residential Class III Type - I.

How the guideline value of Chellaperumal Nagar has changed

In the 2017 revision, the guideline value was Rs 469 per sq.ft. This figure remained unchanged in the 2023 revision, which also recorded Rs 700 per sq.ft. The latest 2024 revision has kept the guideline value at Rs 700 per sq.ft, resulting in a 49% increase from the 2017 figure to the current value.

For the years 2002, 2003, 2007, and 2012, the register has no figure for Chellaperumal Nagar. Therefore, the only recorded changes in guideline value occurred between 2017, 2023, and 2024, with no change from 2023 to 2024.

Guideline values in Sriperumbudur A

There are 238 streets in Sriperumbudur A under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 400 to Rs 3,000 per sq.ft. The median guideline value for these streets is Rs 700 per sq.ft, making the current value of Chellaperumal Nagar equal to this median.

• Chellaperumal Nagar IIIrd Street: Rs 700 per sq.ft (2024)
• Chellaperumal Nagar IInd Cross Street: Rs 700 per sq.ft (2024)
• Chellaperumal Nagar IInd Street: Rs 700 per sq.ft (2024)
• Chellaperumal Nagar Ist Cross Street: Rs 700 per sq.ft (2024)
• Chellaperumal Nagar Ist Street: Rs 700 per sq.ft (2024)
• Chekkadi Street: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Chellaperumal Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 700 per sq.ft, the total guideline value amounts to Rs 7,00,000. The stamp duty at 7% would be Rs 49,000, and the registration fee at 2% would be Rs 14,000, bringing the total cost to Rs 63,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers Chellaperumal Nagar?

The Sub Registrar Office covering Chellaperumal Nagar is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value plays a crucial role during property registration in Sriperumbudur A. It serves as a benchmark for determining the minimum value of a property, ensuring that the registration fees and stamp duties are calculated based on this value or the actual sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Chellaperumal Nagar?

The current guideline value of Chellaperumal Nagar is Rs 700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 469 per sq.ft in 2017 to Rs 700 per sq.ft in both 2023 and 2024, reflecting a 49% increase over this period.

Are there any revisions without figures for Chellaperumal Nagar?

Yes, the register has no figures for Chellaperumal Nagar for the years 2002, 2003, 2007, and 2012.

What is the land classification of Chellaperumal Nagar?

Chellaperumal Nagar is classified as Residential Class III Type - I.

Where can I find the Sub Registrar Office for Chellaperumal Nagar?

The Sub Registrar Office for Chellaperumal Nagar is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.