Guideline Value for HARIPRIYA NAGAR (N)

Haripriya Nagar (N) guideline value

The current guideline value of Haripriya Nagar (N) is Rs 661 per sq.ft, effective from 1 July 2024. This area is located in Peramanoor village under the Chengleput Joint II SRO, classified as Residential Class I Type - III.

How the guideline value of Haripriya Nagar (N) has changed

The guideline value of Haripriya Nagar (N) has undergone several revisions over the years. In 2012, the value was set at Rs 600 per sq.ft, which remained unchanged until the next revision in 2017, where it decreased to Rs 402 per sq.ft. However, from 2017 to 2023, the value significantly increased by 49% to reach Rs 600 per sq.ft. The most recent revision in 2024 saw a further increase of 10%, bringing the current value to Rs 661 per sq.ft.

There are no figures available for the years 2002, 2003, and 2007 for this street. 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 these streets is Rs 1,100 per sq.ft, indicating that the 2024 figure for Haripriya Nagar (N) is below this median.

• Gundalakesi Street (Ward -8): Rs 1,320 per sq.ft (2024)
• Gunaveerar Street (Ward -6): Rs 1,320 per sq.ft (2024)
• Gulasekaraalwar Street (Ward -5): Rs 1,320 per sq.ft (2024)
• Ilanthiraian Street (Ward -6): Rs 1,320 per sq.ft (2024)
• Ilavazhaganar Street (Ward -7): Rs 1,760 per sq.ft (2024)
• Ilawalahar Street (Ward -7): Rs 1,320 per sq.ft (2024)

Stamp duty and registration fee for property in Haripriya Nagar (N)

For a 1,000 sq.ft plot at the current rate of Rs 661 per sq.ft, the guideline value amounts to Rs 6,61,000. The stamp duty at 7% would be Rs 46,270, and the registration fee at 2% would be Rs 13,220, totaling Rs 59,490. It is important to note that duty is charged on the higher of the guideline value and the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Haripriya Nagar (N)?

The Sub Registrar Office that covers Haripriya Nagar (N) 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 details.

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

The guideline value is a crucial factor in the registration process of property transactions in Peramanoor. It serves as a benchmark for determining the stamp duty and registration fees payable when buying or selling property in the area.

When a property is registered, the guideline value is used to calculate the applicable taxes, ensuring that both buyers and sellers are aware of the financial obligations involved in the transaction.

Frequently asked questions

What is the current guideline value of Haripriya Nagar (N)?

The current guideline value of Haripriya Nagar (N) is Rs 661 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value changed from Rs 600 per sq.ft in 2012 to Rs 402 per sq.ft in 2017, then increased to Rs 600 per sq.ft in 2023, and finally to Rs 661 per sq.ft in 2024.

What is the land classification of Haripriya Nagar (N)?

Haripriya Nagar (N) is classified as Residential Class I Type - III.

What are the stamp duty and registration fees for a property in Haripriya Nagar (N)?

For a property valued at Rs 6,61,000, the stamp duty would be Rs 46,270, and the registration fee would be Rs 13,220, totaling Rs 59,490.

Which office handles the registration for properties in Haripriya Nagar (N)?

The Chengleput Joint II Sub Registrar Office handles the registration for properties in Haripriya Nagar (N), located at 10, Kancheepuram Main Road, Chengalpattu 603 002.