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Guideline Value

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Guideline Value for GANDHI NAGAR 6TH STREET (WARD -3)

₹990/sq.ft.

The guideline value for Gandhi Nagar 6th Street (ward -3) in Peramanoor village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 990 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Peramanoor

Village

Chengleput Joint II

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹990 /sq.ft.
From 1-4-2023 ₹900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹603 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹900 /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 Gandhi Nagar 6th Street (ward -3)

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Gandhi Nagar 6th Street (Ward -3) guideline value

The current guideline value of Gandhi Nagar 6th Street (Ward -3) is Rs 990 per sq.ft, effective from 1 July 2024. This street is located in Peramanoor village and falls under the Chengleput Joint II SRO. The land classification for this area is Residential Class I Type - II.

How the guideline value of Gandhi Nagar 6th Street (Ward -3) has changed

In the 2012 revision, the guideline value was Rs 900 per sq.ft. This figure then decreased to Rs 603 per sq.ft in the 2017 revision, marking a decline of 33%. However, the value rose significantly to Rs 900 per sq.ft in the 2023 revision, reflecting an increase of 49%. The most recent revision in 2024 set the guideline value at Rs 990 per sq.ft, which is a 10% increase from the previous year.

The register does not have figures for the years 2002, 2003, and 2007 for Gandhi Nagar 6th Street (Ward -3). Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Peramanoor

In Peramanoor, there are 430 streets under the Chengleput Joint II SRO, with guideline values ranging from Rs 550 to Rs 2,200 per sq.ft. The median guideline value for the area is Rs 1,100 per sq.ft, making the 2024 figure for Gandhi Nagar 6th Street (Ward -3) below that median.

Stamp duty and registration fee for property in Gandhi Nagar 6th Street (Ward -3)

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 9,90,000. The stamp duty at 7% would be Rs 69,300, while the registration fee at 2% would be Rs 19,800, bringing the total to Rs 89,100. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Gandhi Nagar 6th Street (Ward -3)?

The Sub Registrar Office that covers Gandhi Nagar 6th Street (Ward -3) 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 Peramanoor

The guideline value is a crucial factor when registering property transactions in Peramanoor. It serves as the basis for calculating stamp duty and registration fees, ensuring that the government receives its due revenue from property sales.

When buying or selling property, it is essential to refer to the guideline value to understand the potential costs involved. This value helps both buyers and sellers gauge the financial implications of their transactions, ensuring transparency and compliance with local regulations.

Frequently asked questions

What is the current guideline value of Gandhi Nagar 6th Street (Ward -3)?

The current guideline value of Gandhi Nagar 6th Street (Ward -3) is Rs 990 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various changes, with the most recent increase from Rs 900 per sq.ft in 2023 to Rs 990 per sq.ft in 2024, a rise of 10%. From 2012 to 2024, the overall increase is 10% as well.

Which office handles registrations for Gandhi Nagar 6th Street (Ward -3)?

The Chengleput Joint II Sub Registrar Office handles registrations for Gandhi Nagar 6th Street (Ward -3). It is located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 9,90,000, the stamp duty would be Rs 69,300 at 7%, and the registration fee would be Rs 19,800 at 2%. Together, these fees total Rs 89,100.

How does the guideline value affect property transactions?

The guideline value is used to determine the stamp duty and registration fees when buying or selling property. It ensures that transactions are taxed fairly and that the government collects the appropriate revenue from property sales.