Guideline Value for HARIJAN NAGAR

Harijan Nagar guideline value

The current guideline value of Harijan Nagar is Rs 500 per sq.ft, effective from 1 July 2024. This street is located in Athur B Block village under the Chengleput Joint II SRO, classified as Residential Special Type - II.

How the guideline value of Harijan Nagar has changed

The guideline value for Harijan Nagar has undergone several revisions over the years. In 2007, the value was Rs 150 per sq.ft, which increased significantly to Rs 500 per sq.ft in 2012. However, it dropped to Rs 335 per sq.ft in 2017. The 2023 revision maintained the value at Rs 500 per sq.ft, and the same value continues into the 2024 revision, showing no change from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 233%. The revisions for the years 2002 and 2003 do not have any figures listed for this street in the register.

Guideline values in Athur B Block

Athur B Block has 79 streets under the Chengleput Joint II SRO with a 2024 guideline value ranging from Rs 268 to Rs 1,525 per sq.ft, where the median value is Rs 700 per sq.ft. Harijan Nagar's current guideline value is below this median.

• Harikaran Nagar: Rs 800 per sq.ft (2024)
• Hill View Enclave: Rs 800 per sq.ft (2024)
• Green Spot: Rs 1,000 per sq.ft (2024)
• Green Peace Mountain Stream Enclave: Rs 350 per sq.ft (2024)
• Iniyan Nagar: Rs 1,000 per sq.ft (2024)
• Kamaraj Nagar: Rs 500 per sq.ft (2024)

Stamp duty and registration fee for property in Harijan Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 500 per sq.ft, the total 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 the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Harijan Nagar?

The Sub Registrar Office that covers Harijan Nagar is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone.

To find your SRO, you can visit find your SRO.

How the guideline value is used when you buy or sell in Athur B Block

The guideline value is a crucial factor in property transactions within Athur B Block. It serves as a benchmark for determining the registration fees and stamp duty payable when buying or selling property. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.

When a property is sold, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that the government receives the correct revenue based on the established guideline values for various streets in the region.

Frequently asked questions

What is the current guideline value of Harijan Nagar?

The current guideline value of Harijan Nagar is Rs 500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2007, the guideline value has increased significantly from Rs 150 per sq.ft to Rs 500 per sq.ft in 2012, dropped to Rs 335 per sq.ft in 2017, and remained at Rs 500 per sq.ft in 2023 and 2024.

What is the median guideline value in Athur B Block?

The median guideline value in Athur B Block is Rs 700 per sq.ft, with values ranging from Rs 268 to Rs 1,525 per sq.ft in 2024.

What are the stamp duty rates for property in Harijan Nagar?

The stamp duty for property in Harijan Nagar is charged at 7% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Harijan Nagar located?

The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone.