Guideline Value for Devi Karumariamman Nagar
₹250/sq.ft.
The guideline value for Devi Karumariamman Nagar in Nemili village (Sriperumpudur SRO, Chengalpattu zone) is Rs 250 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Nemili
Village
Sriperumpudur
SRO
Residential Class II Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹250 /sq.ft. |
| From 1-4-2023 | ₹250 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹167 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹250 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹125 /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 Devi Karumariamman 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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Devi Karumariamman Nagar guideline value
The current guideline value of Devi Karumariamman Nagar is Rs 250 per sq.ft, effective from 1 July 2024. This area is located in Nemili village, under the jurisdiction of the Sriperumpudur SRO, and is classified as Residential Class II Type - I.
How the guideline value of Devi Karumariamman Nagar has changed
Over the years, the guideline value for Devi Karumariamman Nagar has seen several revisions. The earliest recorded value was Rs 125 per sq.ft in 2007, which then increased to Rs 250 per sq.ft in 2012. However, this value dropped to Rs 167 per sq.ft in 2017 before stabilizing at Rs 250 per sq.ft in both 2023 and the upcoming 2024 revision. Notably, there are no figures available for the years 2002 and 2003 in the register for this street.
From 2017 to 2023, the guideline value increased by 50%. The value remained unchanged from 2023 to 2024, reflecting a 0% change. Overall, from 2007 to 2024, the guideline value has increased by 100%.
Guideline values in Nemili
In Nemili, there are 66 streets under the Sriperumpudur SRO that carry a 2024 guideline value ranging from Rs 150 to Rs 1,000 per sq.ft. The median value is Rs 250 per sq.ft, which is equal to the guideline value of Devi Karumariamman Nagar.
- Ganapathy Nagar Colny: Rs 400 per sq.ft (2024)
- Ganapathy Nagar Part IV: Rs 400 per sq.ft (2024)
- Bharathi Nagar: Rs 210 per sq.ft (2024)
- Gandhi Street: Rs 210 per sq.ft (2024)
- Bhagavathy Nagar: Rs 210 per sq.ft (2024)
- Benzigar Nagar: Rs 250 per sq.ft (2024)
Stamp duty and registration fee for property in Devi Karumariamman Nagar
For a 1,000 sq.ft plot at the current guideline value of Rs 250 per sq.ft, the total guideline value amounts to Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, and the registration fee at 2% would be Rs 5,000, bringing the total charges to Rs 22,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more information, you can use the stamp duty and registration fee calculator.
Which Sub Registrar Office covers Devi Karumariamman Nagar?
The Sub Registrar Office that covers Devi Karumariamman 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 details.
How the guideline value is used when you buy or sell in Nemili
The guideline value plays a crucial role during property registration in Nemili. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.
When a buyer or seller engages in a transaction, the guideline value is referenced to calculate the applicable fees. This ensures transparency and adherence to government regulations in property transactions.
Frequently asked questions
What is the current guideline value of Devi Karumariamman Nagar?
The current guideline value of Devi Karumariamman Nagar is Rs 250 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 125 per sq.ft in 2007 to Rs 250 per sq.ft in 2012, then decreased to Rs 167 per sq.ft in 2017, and has been stable at Rs 250 per sq.ft in 2023 and 2024.
What are the stamp duty and registration fees for properties in this area?
For a 1,000 sq.ft property at the current guideline value, the total guideline value is Rs 2,50,000. The stamp duty would be Rs 17,500, and the registration fee would be Rs 5,000, totaling Rs 22,500.
Which Sub Registrar Office covers this area?
The Sriperumpudur Sub Registrar Office covers Devi Karumariamman Nagar, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.
Where can I find more information about guideline values in Nemili?
More information about guideline values in Nemili can be found in the registration department's guideline value register (TNReginet) or by visiting the Sriperumpudur SRO.
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