Guideline Value

Corporate

Guideline Value for G.S.T.SALAI (MAIN ROAD)

₹4400/sq.ft.

The guideline value for G.s.t.salai (main Road) in Chengalpattu Natham village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Chengalpattu Natham

Village

Chengleput Joint II

SRO

Mixed Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2680 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4000 /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)

10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on G.s.t.salai (main Road)

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G.S.T.Salai (Main Road) guideline value

The current guideline value of G.S.T.Salai (Main Road) is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Chengalpattu Natham village, under the Chengleput Joint II SRO. The land classification for this area is Mixed Special Type - II.

How the guideline value of G.S.T.Salai (Main Road) has changed

The guideline value for G.S.T.Salai has seen several revisions over the years. The 2012 revision set the value at Rs 4,000 per sq.ft, which then decreased to Rs 2,680 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 4,000 per sq.ft in 2023, and further to Rs 4,400 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%. The changes between the revisions are as follows: from 2017 to 2023, there was a 49% increase, while the change from 2012 to 2017 saw a decrease of 33%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Chengalpattu Natham

In Chengalpattu Natham, there are 88 streets under the Chengleput Joint II SRO with a 2024 guideline value ranging from Rs 1,100 to Rs 5,500 per sq.ft. The median value is Rs 2,200 per sq.ft, and G.S.T.Salai's 2024 figure is above this median.

Stamp duty and registration fee for property in G.S.T.Salai (Main Road)

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value would be Rs 44,00,000. The stamp duty at 7% would amount to Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, bringing the total cost for these fees to Rs 3,96,000. It is important to note that 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 detailed calculations.

Which Sub Registrar Office covers G.S.T.Salai (Main Road)?

The Sub Registrar Office that covers G.S.T.Salai (Main Road) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during property registration in Chengalpattu Natham. It serves as a reference point for determining the stamp duty and registration fees that buyers and sellers must pay when completing a property transaction.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in the real estate market. It is essential for both parties to be aware of the current guideline value to avoid discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of G.S.T.Salai (Main Road)?

The current guideline value of G.S.T.Salai (Main Road) is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 4,000 per sq.ft in 2023 to Rs 4,400 per sq.ft in 2024, marking a 10% increase. It was Rs 2,680 per sq.ft in 2017 and Rs 4,000 per sq.ft in 2012.

What is the land classification for G.S.T.Salai (Main Road)?

The land classification for G.S.T.Salai (Main Road) is Mixed Special Type - II.

Where can I find the Sub Registrar Office for G.S.T.Salai (Main Road)?

The Sub Registrar Office for G.S.T.Salai (Main Road) is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone.

What is the stamp duty on property transactions in G.S.T.Salai (Main Road)?

The stamp duty is charged at 7% of the guideline value or the sale price, whichever is higher. For a property valued at Rs 44,00,000, the stamp duty would be Rs 3,08,000.