Guideline Value for Kalaignar Street
₹200/sq.ft.
The guideline value for Kalaignar Street in Mevaloorkuppam village (Sriperumpudur SRO, Chengalpattu zone) is Rs 200 per sq.ft, effective 1 July 2024. It was Rs 100 per sq.ft from 1 April 2023, a 100% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Mevaloorkuppam
Village
Sriperumpudur
SRO
Residential Class IV Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹200 /sq.ft. |
| From 1-4-2023 | ₹100 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹134 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹200 /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.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on Kalaignar Street
- 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
- Sriperumpudur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Kalaignar Street guideline value
The current guideline value of Kalaignar Street in Mevaloorkuppam village is Rs 200 per sq.ft, effective from 1 July 2024. This street falls under the Sriperumpudur SRO and is classified as Residential Class IV Type - I.
How the guideline value of Kalaignar Street has changed
The guideline value for Kalaignar Street has undergone several revisions over the years. In the 2012 revision, the value was set at Rs 200 per sq.ft. This remained unchanged until the 2017 revision, where it decreased to Rs 134 per sq.ft, reflecting a reduction of 33%. The subsequent revision in 2023 saw an increase to Rs 100 per sq.ft, which was a 25% decrease from the 2017 figure. The latest revision in 2024 has raised the guideline value to Rs 200 per sq.ft, marking a 100% increase from the previous year.
It is important to note that there are no figures available for Kalaignar Street in the 2002, 2003, and 2007 revisions. Overall, from 2012 to 2024, the guideline value has remained unchanged at Rs 200 per sq.ft.
Guideline values in Mevaloorkuppam
In Mevaloorkuppam, there are 69 streets under the Sriperumpudur SRO that carry a guideline value for 2024, ranging from Rs 200 to Rs 2,400 per sq.ft. The median guideline value for these streets is Rs 400 per sq.ft, indicating that Kalaignar Street's 2024 figure is below this median.
- Kannadapalayam Street: Rs 200 per sq.ft (2024)
- Kings Land: Rs 700 per sq.ft (2024)
- kingsland Extension: Rs 700 per sq.ft (2024)
- Harini Nagar: Rs 300 per sq.ft (2024)
- Happy Land Colony: Rs 400 per sq.ft (2024)
- Kulakkarai Street: Rs 700 per sq.ft (2024)
Stamp duty and registration fee for property in Kalaignar Street
For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, while the registration fee at 2% would be Rs 4,000, resulting in a total of Rs 18,000. 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 more details on calculating fees.
Which Sub Registrar Office covers Kalaignar Street?
The Sub Registrar Office covering Kalaignar Street is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Mevaloorkuppam
The guideline value is a crucial factor in the registration process of property transactions in Mevaloorkuppam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.
When buying or selling property, the guideline value is considered alongside the sale price. If the sale price is higher than the guideline value, the stamp duty and registration fees will be charged based on the sale price to ensure compliance with legal requirements.
Frequently asked questions
What is the current guideline value of Kalaignar Street?
The current guideline value of Kalaignar Street is Rs 200 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 200 per sq.ft in 2012 to Rs 134 per sq.ft in 2017, then to Rs 100 per sq.ft in 2023, and back to Rs 200 per sq.ft in 2024.
What is the median guideline value in Mevaloorkuppam?
The median guideline value for streets in Mevaloorkuppam is Rs 400 per sq.ft, indicating that Kalaignar Street's 2024 figure is below this median.
What are the stamp duty and registration fees for properties in Kalaignar Street?
For a property valued at Rs 2,00,000, the stamp duty would be Rs 14,000 and the registration fee would be Rs 4,000, totaling Rs 18,000.
Where is the Sub Registrar Office for Kalaignar Street located?
The Sriperumpudur Sub Registrar Office is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.
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