Guideline Value

Corporate

Guideline Value for Devanesan Nagar 4th Street

₹1100/sq.ft.

The guideline value for Devanesan Nagar 4th Street in Peerklankaranai village (Tambaram Joint 1 SRO, Chengalpattu zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Peerklankaranai

Village

Tambaram Joint 1

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /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.26,mes Road, East Tambaram, Chennai-600059.
044-22397171
[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]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Devanesan Nagar 4th Street

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Devanesan Nagar 4th Street guideline value

The current guideline value of Devanesan Nagar 4th Street is Rs 1,100 per sq.ft. This street is located in Peerklankaranai village and falls under the Tambaram Joint 1 SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Devanesan Nagar 4th Street has changed

The guideline value for Devanesan Nagar 4th Street has undergone several revisions over the years. The oldest available revision is from 2012, which set the value at Rs 1,000 per sq.ft. This was followed by a decrease to Rs 670 per sq.ft in 2017. The 2023 revision increased the value to Rs 1,000 per sq.ft, and the most recent revision in 2024 has set it at Rs 1,100 per sq.ft, which is a 10% increase from the previous year.

In summary, the changes between the revisions are significant. From 2017 to 2023, the value increased by 49%. However, there was a decrease of 33% from 2012 to 2017. Overall, comparing the values from 2012 to 2024, there has been a 10% increase. The register does not have figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Peerklankaranai

In Peerklankaranai, there are 322 streets under the Tambaram Joint 1 SRO with a guideline value range from Rs 880 to Rs 4,400 per sq.ft. The median value for these streets is Rs 1,650 per sq.ft, placing the 2024 guideline value of Devanesan Nagar 4th Street below this median.

Stamp duty and registration fee for property in Devanesan Nagar 4th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, while the registration fee at 2% would be Rs 22,000, bringing the total to Rs 99,000. It is important to note that 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 Devanesan Nagar 4th Street?

The Sub Registrar Office that covers Devanesan Nagar 4th Street is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, in the Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor during property registration in Peerklankaranai. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold. The guideline value ensures that the transaction is recorded at a fair value as per government regulations.

When buying or selling property, it is essential to be aware of the current guideline value, as it affects the total cost involved in the transaction. Buyers should ensure that the sale price is either equal to or greater than the guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Devanesan Nagar 4th Street?

The current guideline value of Devanesan Nagar 4th Street is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2023 to Rs 1,100 per sq.ft in 2024, marking a 10% increase. It was Rs 670 per sq.ft in 2017 and Rs 1,000 per sq.ft in 2012, showing various fluctuations over the years.

What is the land classification for Devanesan Nagar 4th Street?

The land classification for Devanesan Nagar 4th Street is Residential Class II Type - I, which indicates its use for residential purposes.

Where can I find the Sub Registrar Office for Devanesan Nagar 4th Street?

The Sub Registrar Office for Devanesan Nagar 4th Street is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059.

How is the stamp duty calculated for properties in Devanesan Nagar 4th Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 11,00,000, the stamp duty would be Rs 77,000 at 7%.