Guideline Value

Corporate

Guideline Value for KALIAMMAL NAGAR (CHEN)

₹770/sq.ft.

The guideline value for Kaliammal Nagar (chen) in Sengundram - 1 village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 770 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Sengundram - 1

Village

Chengleput Joint II

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹770 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹700 /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)

10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Kaliammal Nagar (chen)

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Kaliammal Nagar (Chen) guideline value

The current guideline value of Kaliammal Nagar (Chen) is Rs 770 per sq.ft, effective from 1 July 2024. This area is located in Sengundram - 1 village under the Chengleput Joint II SRO, classified as Residential Class I Type - II.

How the guideline value of Kaliammal Nagar (Chen) has changed

The guideline value for Kaliammal Nagar (Chen) has seen several revisions over the years. In 2012, the value was Rs 700 per sq.ft, which then decreased to Rs 469 per sq.ft in 2017. Following this, the value increased to Rs 700 per sq.ft in 2023, and currently stands at Rs 770 per sq.ft as of the 2024 revision.

From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value rose significantly by 49%. The latest change from 2023 to 2024 reflects an increase of 10%. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Sengundram - 1

In Sengundram - 1, there are 126 streets under the Chengleput Joint II SRO, with guideline values ranging from Rs 660 to Rs 3,285 per sq.ft. The median value for these streets is Rs 880 per sq.ft, making the guideline value of Kaliammal Nagar (Chen) below this median.

Stamp duty and registration fee for property in Kaliammal Nagar (Chen)

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total guideline value would be Rs 7,70,000. The stamp duty at 7% would amount to Rs 53,900, and the registration fee at 2% would be Rs 15,400, bringing the total to Rs 69,300. 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 Kaliammal Nagar (Chen)?

The Sub Registrar Office that covers Kaliammal Nagar (Chen) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, 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 Sengundram - 1

The guideline value plays a crucial role in the registration process when buying or selling property in Sengundram - 1. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is documented accurately.

When a property is sold, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that both the buyer and seller are aware of the financial obligations involved in the transaction, based on the established guideline value.

Frequently asked questions

What is the current guideline value of Kaliammal Nagar (Chen)?

The current guideline value of Kaliammal Nagar (Chen) is Rs 770 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 700 per sq.ft in 2012 to Rs 469 per sq.ft in 2017, then increased to Rs 700 per sq.ft in 2023, and is currently Rs 770 per sq.ft in 2024.

What are the other streets in Sengundram - 1 and their guideline values?

Other streets in Sengundram - 1 include J V Avenue (Chen) at Rs 770 per sq.ft, Jp Anandaenclave (Chen) at Rs 880 per sq.ft, and Jayambal Street (Chen) at Rs 660 per sq.ft, among others.

How is stamp duty calculated for properties in Kaliammal Nagar (Chen)?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For a property valued at Rs 7,70,000, the stamp duty would be Rs 53,900 at 7%.

Where can I find the Sub Registrar Office for Kaliammal Nagar (Chen)?

The Sub Registrar Office for Kaliammal Nagar (Chen) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.