Guideline Value for Dr. A.P.J. Abdulkalam Nagar
₹500/sq.ft.
The guideline value for Dr. A.p.j. Abdulkalam Nagar in Pennaloor village (Sriperumpudur SRO, Chengalpattu zone) is Rs 500 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Pennaloor
Village
Sriperumpudur
SRO
Residential Special Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹500 /sq.ft. |
| From 1-4-2023 | ₹500 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹335 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹500 /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
DRO (District Registrar Office)
No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on Dr. A.p.j. Abdulkalam 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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Dr. A.P.J. Abdulkalam Nagar guideline value
The current guideline value of Dr. A.P.J. Abdulkalam Nagar is Rs 500 per sq.ft, effective from 1 July 2024. This area is located in Pennaloor village and falls under the Sriperumpudur SRO. The land classification for this street is Residential Special Type - I.
How the guideline value of Dr. A.P.J. Abdulkalam Nagar has changed
Over the years, the guideline value for Dr. A.P.J. Abdulkalam Nagar has seen several revisions. The 2012 revision set the value at Rs 500 per sq.ft, which remained unchanged in the 2017 revision. However, in 2017, the value was Rs 335 per sq.ft, indicating a decrease of 33% from the previous revision. The value then increased significantly by 49% in the 2023 revision, bringing it back to Rs 500 per sq.ft, a figure that has remained unchanged in the latest 2024 revision.
It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Therefore, the only revisions available are from 2012, 2017, 2023, and 2024, with the overall change from 2012 to 2024 being 0%.
Guideline values in Pennaloor
Pennaloor village has 35 streets under the Sriperumpudur SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 1,200 per sq.ft, with a median value of Rs 200 per sq.ft. The guideline value for Dr. A.P.J. Abdulkalam Nagar is above this median.
- E.B.Kudi Colony: Rs 200 per sq.ft (2024)
- Gangai Amman Koil Street: Rs 200 per sq.ft (2024)
- Brijvaji Avenue: Rs 200 per sq.ft (2024)
- Gowtham Nagar: Rs 200 per sq.ft (2024)
- Havisha Homes: Rs 850 per sq.ft (2024)
- Heath Centre: Rs 200 per sq.ft (2024)
Stamp duty and registration fee for property in Dr. A.P.J. Abdulkalam Nagar
For a 1,000 sq.ft plot at the current rate of Rs 500 per sq.ft, the guideline value amounts to Rs 5,00,000. The stamp duty at 7% would be Rs 35,000, and the registration fee at 2% would be Rs 10,000, totaling Rs 45,000. It is important to note that duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.
Which Sub Registrar Office covers Dr. A.P.J. Abdulkalam Nagar?
The Sub Registrar Office that covers Dr. A.P.J. Abdulkalam 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 Pennaloor
The guideline value is a crucial factor in the registration process when buying or selling property in Pennaloor. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.
When a property is sold, the guideline value is used to assess the applicable charges, ensuring that both the buyer and seller are aware of the financial obligations involved. This helps maintain transparency in property transactions within the area.
Frequently asked questions
What is the current guideline value of Dr. A.P.J. Abdulkalam Nagar?
The current guideline value of Dr. A.P.J. Abdulkalam Nagar is Rs 500 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has remained at Rs 500 per sq.ft in the 2023 and 2024 revisions. It was Rs 335 per sq.ft in 2017 and Rs 500 per sq.ft in 2012, showing a significant increase from 2017 to 2023.
What are the stamp duty and registration fees for property in this area?
For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 5,00,000. The total stamp duty and registration fees would amount to Rs 45,000 based on the current rates.
Which Sub Registrar Office covers Dr. A.P.J. Abdulkalam Nagar?
The Sub Registrar Office covering Dr. A.P.J. Abdulkalam Nagar is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.
What is the land classification for Dr. A.P.J. Abdulkalam Nagar?
The land classification for Dr. A.P.J. Abdulkalam Nagar is Residential Special Type - I, indicating its designated use for residential purposes.
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