Guideline Value for DEVARAJAPURAM SALAI
₹101/sq.ft.
The guideline value for Devarajapuram Salai in Cheyyur - A village (Cheyyur SRO, Chengalpattu zone) is Rs 101 per sq.ft, effective 1 July 2024. It was Rs 100 per sq.ft from 1 April 2023, a 1% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Cheyyur - A
Village
Cheyyur
SRO
Residential Class IV Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹101 /sq.ft. |
| From 1-4-2023 | ₹100 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹50 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | N/A |
| 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
DRO (District Registrar Office)
No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on Devarajapuram Salai
- 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
- Cheyyur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Devarajapuram Salai guideline value
The current guideline value of Devarajapuram Salai is Rs 101 per sq.ft, effective from 1 July 2024. This street is located in the village of Cheyyur, under the Cheyyur SRO, and is classified as Residential Class IV Type - I.
How the guideline value of Devarajapuram Salai has changed
Over the years, the guideline value for Devarajapuram Salai has undergone several revisions. The 2017 revision set the value at Rs 50 per sq.ft, which saw a significant increase to Rs 100 per sq.ft in the 2023 revision. The current 2024 revision reflects a further increase to Rs 101 per sq.ft, marking a 1% rise from the previous year. Notably, there are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street.
Comparing the revisions, the guideline value increased by 100% from Rs 50 per sq.ft in 2017 to Rs 100 per sq.ft in 2023. Overall, from 2017 to 2024, the increase is 102%, with the current value aligning with the median of Rs 101 per sq.ft for the 64 streets in Cheyyur - A under the Cheyyur SRO.
Guideline values in Cheyyur - A
In the village of Cheyyur - A, the guideline values range from Rs 100 to Rs 500 per sq.ft, with the median value being Rs 101 per sq.ft. Devarajapuram Salai's 2024 figure matches this median. Below are other streets in Cheyyur - A with their respective guideline values:
- Devarajapuram Street: Rs 101 per sq.ft (2024)
- Chinna Errikarai Street: Rs 101 per sq.ft (2024)
- Cheriyamman Koil Street: Rs 101 per sq.ft (2024)
- CHELLIYAMMAN KOVIL 2nd STREET: Rs 101 per sq.ft (2024)
- CHELLIYAMMAN KOVIL 1st STREET: Rs 101 per sq.ft (2024)
- Eswaran Koil Street: Rs 400 per sq.ft (2024)
Stamp duty and registration fee for property in Devarajapuram Salai
For a 1,000 sq.ft plot at the current rate of Rs 101 per sq.ft, the guideline value amounts to Rs 1,01,000. The stamp duty at 7% would be Rs 7,070, and the registration fee at 2% would be Rs 2,020, totaling Rs 9,090. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers Devarajapuram Salai?
The Sub Registrar Office that covers Devarajapuram Salai is the Cheyyur Sub Registrar Office, located at 3/156, Salt Road, Cheyyur- 603 302, Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Cheyyur - A
The guideline value plays a crucial role in the registration process of property transactions in Cheyyur - A. It serves as a benchmark for determining the stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property sales.
When buying or selling property, the guideline value is compared to the sale price. The higher of the two values is used to calculate the applicable stamp duty and registration fees, thereby influencing the overall cost of the transaction.
Frequently asked questions
What is the current guideline value of Devarajapuram Salai?
The current guideline value of Devarajapuram Salai is Rs 101 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value increased from Rs 50 per sq.ft in 2017 to Rs 100 per sq.ft in 2023, and then to Rs 101 per sq.ft in 2024. There are no figures available for the years 2002, 2003, 2007, and 2012 for this street.
What is the land classification of Devarajapuram Salai?
Devarajapuram Salai is classified as Residential Class IV Type - I, indicating its suitability for residential development.
What are the stamp duty and registration fees for property transactions?
The stamp duty is charged at 7% of the guideline value or the sale price, whichever is higher, while the registration fee is charged at 2%. For example, a 1,000 sq.ft plot at the current guideline value would incur total fees of Rs 9,090.
Where can I find the Sub Registrar Office for Devarajapuram Salai?
The Cheyyur Sub Registrar Office covers Devarajapuram Salai, located at 3/156, Salt Road, Cheyyur- 603 302, Chengalpattu registration zone.
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