Guideline Value for Durga Nagar
₹1320/sq.ft.
The guideline value for Durga Nagar in Kadaperi village (Tambaram Joint 1 SRO, Chengalpattu zone) is Rs 1320 per sq.ft, effective 1 July 2024. It was Rs 1200 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Kadaperi
Village
Tambaram Joint 1
SRO
Residential Class I Type - III
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1320 /sq.ft. |
| From 1-4-2023 | ₹1200 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹804 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹1200 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹400 /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
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]
Records for a plot on Durga 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
- Tambaram Joint 1 sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Durga Nagar guideline value
The current guideline value of Durga Nagar, located in Kadaperi village under the Tambaram Joint 1 SRO, is Rs 1,320 per sq.ft. This value is effective from 1 July 2024 and falls under the Residential Class I Type - III land classification.
How the guideline value of Durga Nagar has changed
The guideline value of Durga Nagar has seen several revisions over the years. In 2007, the guideline value was Rs 400 per sq.ft, which increased significantly to Rs 1,200 per sq.ft in 2012. However, this value decreased to Rs 804 per sq.ft in 2017. Following that, the value rose to Rs 1,200 per sq.ft in 2023, and currently, it stands at Rs 1,320 per sq.ft as of the 2024 revision. The register has no figure for this street for the years 2002 and 2003.
Between the revisions, there have been notable changes. The increase from 2023 to 2024 was +10%, while the jump from 2017 to 2023 was +49%. The value saw a decrease of -33% from 2012 to 2017. The most significant change was from 2007 to 2012, which saw an increase of +200%. Overall, from 2007 to 2024, the guideline value has increased by +230%.
Guideline values in Kadaperi
In Kadaperi, there are 142 streets under the Tambaram Joint 1 SRO that carry a 2024 guideline value ranging from Rs 880 to Rs 7,700 per sq.ft, with a median value of Rs 1,650 per sq.ft. The guideline value of Durga Nagar is below this median.
- East Street: Rs 880 per sq.ft (2024)
- Electricity Sub Station Street: Rs 1,320 per sq.ft (2024)
- Erikarai 1st Street: Rs 1,650 per sq.ft (2024)
- Erikarai 2nd Street: Rs 1,650 per sq.ft (2024)
- Erikarai 3rd Street: Rs 1,650 per sq.ft (2024)
- Erikarai 4th Street: Rs 1,650 per sq.ft (2024)
Stamp duty and registration fee for property in Durga Nagar
For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value amounts to Rs 13,20,000. The stamp duty at 7% would be Rs 92,400, and the registration fee at 2% would be Rs 26,400, totaling Rs 1,18,800. It is important to note that the duty is charged on the higher of the guideline value or the sale price.
You can use the stamp duty and registration fee calculator for more accurate calculations based on your property details.
Which Sub Registrar Office covers Durga Nagar?
The Sub Registrar Office that covers Durga Nagar 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 more information.
How the guideline value is used when you buy or sell in Kadaperi
The guideline value is a crucial factor in property transactions in Kadaperi, as it determines the minimum price at which a property can be registered. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, ensuring that the transaction is compliant with local regulations.
It is essential for buyers and sellers to be aware of the current guideline value, as it can impact the overall cost of the transaction. This value is regularly updated, reflecting changes in the real estate market and local policies.
Frequently asked questions
What is the current guideline value of Durga Nagar?
The current guideline value of Durga Nagar is Rs 1,320 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed multiple times, starting from Rs 400 per sq.ft in 2007 to Rs 1,320 per sq.ft in 2024, with various increments and decrements in between.
What is the land classification of Durga Nagar?
Durga Nagar falls under the Residential Class I Type - III land classification.
What are the stamp duty and registration fees for property in Durga Nagar?
For a property valued at Rs 13,20,000, the stamp duty is Rs 92,400 and the registration fee is Rs 26,400, totaling Rs 1,18,800.
Where is the Sub Registrar Office for Durga Nagar located?
The Tambaram Joint 1 Sub Registrar Office is located at No.26, Mes Road, East Tambaram, Chennai-600059, in the Chengalpattu registration zone.
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