Guideline Value for HASAN NAGAR COLONY
₹2400/sq.ft.
The guideline value for Hasan Nagar Colony in Selaiyur village (Selaiyur SRO, Chengalpattu zone) is Rs 2400 per sq.ft, effective 1 July 2024. It was Rs 2200 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Selaiyur
Village
Selaiyur
SRO
Residential Special Type - II
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹2400 /sq.ft. |
| From 1-4-2023 | ₹2200 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹1474 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹2200 /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)
No.36,bharathmatha Salai(opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur,chennai - 600 073.
044-22391102
[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 Hasan Nagar Colony
- 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
- Selaiyur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Hasan Nagar Colony guideline value
The current guideline value of Hasan Nagar Colony is Rs 2,400 per sq.ft, effective from 1 July 2024. This area is located in Selaiyur village, under the Selaiyur SRO, and is classified as Residential Special Type - II.
How the guideline value of Hasan Nagar Colony has changed
The guideline value for Hasan Nagar Colony has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 2,400 per sq.ft, which is an increase from Rs 2,200 per sq.ft in the 2023 revision. Looking back further, the 2017 revision recorded a value of Rs 1,474 per sq.ft, showing a significant rise of 49% to the 2023 figure. The 2012 revision also had a value of Rs 2,200 per sq.ft, which was a decrease of 33% from the 2017 revision.
It is important to note that there are no recorded figures for the years 2002, 2003, and 2007 for this street. Overall, from the 2012 revision to the 2024 revision, there has been a modest increase of 9% in the guideline value.
Guideline values in Selaiyur
In Selaiyur, there are 478 streets under the Selaiyur SRO that carry a 2024 guideline value ranging from Rs 850 to Rs 6,500 per sq.ft. The median value for these streets is Rs 2,200 per sq.ft, positioning Hasan Nagar Colony's 2024 figure above this median.
- Guruthuvara South Part: Rs 2,200 per sq.ft (2024)
- Housing Board Quarters: Rs 950 per sq.ft (2024)
- I.A.F Road: Rs 4,400 per sq.ft (2024)
- I.A.F Road Arunachalam Street: Rs 4,400 per sq.ft (2024)
- I.A.F Road Sakthi Avenue: Rs 4,400 per sq.ft (2024)
- Immanuel Street: Rs 950 per sq.ft (2024)
Stamp duty and registration fee for property in Hasan Nagar Colony
For a 1,000 sq.ft plot at the current rate of Rs 2,400 per sq.ft, the guideline value amounts to Rs 24,00,000. The stamp duty at 7% would be Rs 1,68,000, and the registration fee at 2% would be Rs 48,000, totaling Rs 2,16,000. It is essential to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers Hasan Nagar Colony?
The Sub Registrar Office that covers Hasan Nagar Colony is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, 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 Selaiyur
The guideline value is a crucial factor during the registration process when buying or selling property in Selaiyur. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.
When a property is registered, the authorities will assess the higher value between the guideline value and the sale price to calculate the applicable duties. This ensures that the government receives the correct revenue based on the property's worth.
Frequently asked questions
What is the current guideline value of Hasan Nagar Colony?
The current guideline value of Hasan Nagar Colony is Rs 2,400 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 2,200 per sq.ft in 2023 to Rs 2,400 per sq.ft in 2024. It was Rs 1,474 per sq.ft in 2017 and Rs 2,200 per sq.ft in 2012, reflecting various fluctuations over the years.
What is the land classification of Hasan Nagar Colony?
Hasan Nagar Colony is classified as Residential Special Type - II, which indicates its intended use for residential purposes.
What is the registration office for Hasan Nagar Colony?
The registration office for Hasan Nagar Colony is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai, Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073.
How is stamp duty calculated in Hasan Nagar Colony?
Stamp duty is calculated based on the higher value between the guideline value and the sale price. For example, a property with a guideline value of Rs 24,00,000 would incur a stamp duty of Rs 1,68,000 at 7%.
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