Guideline Value for Housing Board
₹1100/sq.ft.
The guideline value for Housing Board in Sevilimadu - A village (Kanchipuram Joint Ii SRO, Chengalpattu zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Sevilimadu - A
Village
Kanchipuram Joint II
SRO
Residential Class I Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1100 /sq.ft. |
| From 1-4-2023 | ₹1000 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹670 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | N/A |
| 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)
Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501
044-27222773
[email protected]
DRO (District Registrar Office)
No.52 Orikkai Madhura, Udhayamangulam Village, Near Anna Kudiyiruppu, Kanchipuram-631502
044-27236674
[email protected], [email protected]
Records for a plot on Housing Board
- 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
- Kanchipuram Joint Ii sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Housing Board guideline value
The current guideline value for Housing Board in Sevilimadu - A, under the Kanchipuram Joint II SRO, is Rs 1,100 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Class I Type - I.
How the guideline value of Housing Board has changed
The guideline value for Housing Board in Sevilimadu - A has undergone several revisions over the years. The 2017 revision set the value at Rs 670 per sq.ft, which increased to Rs 1,000 per sq.ft in the 2023 revision. The latest revision in 2024 has raised this figure to Rs 1,100 per sq.ft, marking a 10% increase from the previous year. The register has no figure for the years 2002, 2003, 2007, and 2012 for this street.
From 2017 to 2023, the guideline value saw a significant increase of 49%. Overall, from 2017 to 2024, the increase is 64%, reflecting a steady rise in the guideline value over these years.
Guideline values in Sevilimadu - A
In Sevilimadu - A, there are 58 streets under the Kanchipuram Joint II SRO, with 2024 guideline values ranging from Rs 800 to Rs 2,200 per sq.ft. The guideline value for Housing Board is equal to the median value of Rs 1,100 per sq.ft. Below are the guideline values for other streets in Sevilimadu - A:
- Gurusamy Nagar: Rs 875 per sq.ft (2024)
- Iyyappa Nagar: Rs 1,100 per sq.ft (2024)
- Jeeva Nagar: Rs 1,100 per sq.ft (2024)
- Gem Extension: Rs 1,100 per sq.ft (2024)
- Gem Avenue: Rs 1,100 per sq.ft (2024)
- Gandhi Nagar: Rs 1,100 per sq.ft (2024)
Stamp duty and registration fee for property in Housing Board
For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total cost for these fees to Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers Housing Board?
The Housing Board in Sevilimadu - A is covered by the Kanchipuram Joint II Sub Registrar Office, located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone. You can find your SRO for further assistance.
How the guideline value is used when you buy or sell in Sevilimadu - A
The guideline value is a crucial factor in property transactions in Sevilimadu - A, as it determines the stamp duty and registration fees payable during the registration process. Buyers and sellers must be aware of the current guideline value to ensure compliance with the registration requirements.
When a property is sold, the guideline value is used to calculate the applicable fees, which are based on the higher of the guideline value or the sale price. This ensures that the registration process is transparent and standardized across the region.
Frequently asked questions
What is the current guideline value for Housing Board in Sevilimadu - A?
The current guideline value for Housing Board in Sevilimadu - A is Rs 1,100 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 670 per sq.ft in 2017 to Rs 1,000 per sq.ft in 2023, and now to Rs 1,100 per sq.ft in 2024. This represents a total increase of 64% from the 2017 revision to the current value.
What are the guideline values of other streets in Sevilimadu - A?
Other streets in Sevilimadu - A have varying guideline values, with rates from Rs 800 to Rs 2,200 per sq.ft. For example, Gurusamy Nagar is Rs 875 per sq.ft, while Iyyappa Nagar, Jeeva Nagar, Gem Extension, Gem Avenue, and Gandhi Nagar are all at Rs 1,100 per sq.ft.
What fees are associated with buying property in Housing Board?
When buying property in Housing Board, buyers must pay stamp duty at 7% and a registration fee at 2% of the guideline value or sale price, whichever is higher. For example, for a property valued at Rs 11,00,000, the total fees would be Rs 99,000.
Where is the Sub Registrar Office for Housing Board located?
The Kanchipuram Joint II Sub Registrar Office, which covers Housing Board in Sevilimadu - A, is located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone.
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