Guideline Value for Chelliamman Nagar
₹400/sq.ft.
The guideline value for Chelliamman Nagar in Tharavoor village (Sriperumpudur SRO, Chengalpattu zone) is Rs 400 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Tharavoor
Village
Sriperumpudur
SRO
Residential Class I Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹400 /sq.ft. |
| From 1-4-2023 | ₹400 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹268 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹400 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹100 /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 Chelliamman 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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Chelliamman Nagar guideline value
The current guideline value of Chelliamman Nagar is Rs 400 per sq.ft, effective from 1 July 2024. This area is located in Tharavoor village, under the Sriperumpudur SRO, and is classified as Residential Class I Type - I.
How the guideline value of Chelliamman Nagar has changed
The guideline value for Chelliamman Nagar has seen several revisions over the years. In 2007, the value was set at Rs 100 per sq.ft, which increased significantly to Rs 400 per sq.ft in 2012. However, it then decreased to Rs 268 per sq.ft in 2017. The subsequent revisions in 2023 and 2024 maintained the value at Rs 400 per sq.ft, indicating no change in the most recent revision.
From 2017 to 2023, there was a notable increase of 49%. The value remained stable from 2023 to 2024, with a change of +0%. Overall, from 2007 to 2024, the guideline value has increased by 300%.
Guideline values in Tharavoor
- Bhavani Nagar: Rs 400 per sq.ft (2024)
- Gurusakthi Nagar: Rs 400 per sq.ft (2024)
- Orient Nagar: Rs 250 per sq.ft (2024)
- Ranjitham Nagar: Rs 400 per sq.ft (2024)
- Velankanni Nagar: Rs 250 per sq.ft (2024)
Stamp duty and registration fee for property in Chelliamman Nagar
For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value would be Rs 4,00,000. The stamp duty at 7% would amount to Rs 28,000, and the registration fee at 2% would be Rs 8,000, bringing the total fees to Rs 36,000. 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 more details.
Which Sub Registrar Office covers Chelliamman Nagar?
The Sub Registrar Office that covers Chelliamman 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 Tharavoor
The guideline value plays a crucial role in the registration process when buying or selling property in Tharavoor. It determines 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 a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures transparency and compliance with legal requirements during property transactions.
Frequently asked questions
What is the current guideline value of Chelliamman Nagar?
The current guideline value of Chelliamman Nagar is Rs 400 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 100 per sq.ft in 2007 to Rs 400 per sq.ft in 2012, decreased to Rs 268 per sq.ft in 2017, and then remained at Rs 400 per sq.ft in 2023 and 2024.
What is the land classification of Chelliamman Nagar?
Chelliamman Nagar is classified as Residential Class I Type - I, indicating its suitability for residential development.
How is the stamp duty calculated for properties in Chelliamman Nagar?
Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 4,00,000 would incur a stamp duty of Rs 28,000.
Where is the Sub Registrar Office for Chelliamman Nagar located?
The Sub Registrar Office for Chelliamman Nagar is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.
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