Guideline Value for INDIRA NAGAR-2st -ST
₹750/sq.ft.
The guideline value for Indira Nagar-2st -st in Walajabad village (Walajabad SRO, Chengalpattu zone) is Rs 750 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Walajabad
Village
Walajabad
SRO
Residential Class IV Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹750 /sq.ft. |
| From 1-4-2023 | ₹750 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹502 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹750 /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
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 Indira Nagar-2st -st
- 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
- Walajabad sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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INDIRA NAGAR-2st -ST guideline value
The current guideline value of INDIRA NAGAR-2st -ST is Rs 750 per sq.ft, effective from 1 July 2024. This street is located in Walajabad village, under the jurisdiction of the Walajabad SRO. The land classification for this area is Residential Class IV Type - I.
How the guideline value of INDIRA NAGAR-2st -ST has changed
The guideline value for INDIRA NAGAR-2st -ST has seen several revisions over the years. In 2012, the guideline value was set at Rs 750 per sq.ft. This figure remained unchanged until the 2017 revision, where it dropped to Rs 502 per sq.ft, marking a decrease of 33%. However, from 2017 to 2023, the value increased significantly by 49%, bringing it back to Rs 750 per sq.ft. The guideline value has remained the same at Rs 750 per sq.ft from 2023 to the current 2024 revision.
There are no registered figures for the years 2002, 2003, and 2007 for this street. Overall, from the 2012 revision to the 2024 revision, the guideline value has remained unchanged at Rs 750 per sq.ft.
Guideline values in Walajabad
In Walajabad, there are 196 streets under the Walajabad SRO that carry a 2024 guideline value ranging from Rs 400 to Rs 2,000 per sq.ft. The median guideline value for these streets is Rs 750 per sq.ft, which is equal to the guideline value of INDIRA NAGAR-2st -ST.
- INDIRA NAGAR-3st -ST: Rs 750 per sq.ft (2024)
- INDIRA NAGAR-1st -ST: Rs 750 per sq.ft (2024)
- Indira Nagar-Cross St: Rs 750 per sq.ft (2024)
- Indara Nager New Colony: Rs 750 per sq.ft (2024)
- Javulikadai Street: Rs 750 per sq.ft (2024)
- Jothikanniyamman Kovil Cross St: Rs 750 per sq.ft (2024)
Stamp duty and registration fee for property in INDIRA NAGAR-2st -ST
For a 1,000 sq.ft plot at the current guideline value of Rs 750 per sq.ft, the total guideline value amounts to Rs 7,50,000. The stamp duty at 7% would be Rs 52,500, and the registration fee at 2% would be Rs 15,000, bringing the total fees to Rs 67,500. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for further calculations.
Which Sub Registrar Office covers INDIRA NAGAR-2st -ST?
The INDIRA NAGAR-2st -ST is covered by the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. To locate your SRO, you can find your SRO.
How the guideline value is used when you buy or sell in Walajabad
The guideline value plays a crucial role in the registration process when buying or selling property in Walajabad. It serves as a benchmark for determining the minimum value at which a property can be registered. This ensures that the government receives appropriate revenue from property transactions.
When you register a property, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This means that understanding the guideline value is essential for buyers and sellers to accurately assess their financial obligations during a property transaction.
Frequently asked questions
What is the current guideline value of INDIRA NAGAR-2st -ST?
The current guideline value of INDIRA NAGAR-2st -ST is Rs 750 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 750 per sq.ft in 2012 to Rs 502 per sq.ft in 2017, then back to Rs 750 per sq.ft in 2023 and 2024. There are no figures for the years 2002, 2003, and 2007.
What are the stamp duty and registration fees for property in INDIRA NAGAR-2st -ST?
The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would be Rs 67,500.
Which Sub Registrar Office covers INDIRA NAGAR-2st -ST?
The Walajabad Sub Registrar Office covers INDIRA NAGAR-2st -ST, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone.
What is the land classification of INDIRA NAGAR-2st -ST?
The land classification for INDIRA NAGAR-2st -ST is Residential Class IV Type - I.
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