Guideline Value for Kalanijar Street
₹250/sq.ft.
The guideline value for Kalanijar Street in Karasangal village (Sriperumpudur SRO, Chengalpattu zone) is Rs 250 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Karasangal
Village
Sriperumpudur
SRO
Residential Class II Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹250 /sq.ft. |
| From 1-4-2023 | ₹250 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹167 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹250 /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 Kalanijar 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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Kalanijar Street guideline value
The current guideline value of Kalanijar Street in Karasangal village, under the Sriperumpudur SRO, is Rs 250 per sq.ft, effective from 1 July 2024. This street falls under the Residential Class II Type - I land classification.
How the guideline value of Kalanijar Street has changed
Over the years, the guideline value for Kalanijar Street has seen several revisions. The 2012 revision set the value at Rs 250 per sq.ft, which remained unchanged until the 2023 revision. The 2017 revision recorded a decrease to Rs 167 per sq.ft, marking a 33% drop from the previous figure. Following this, the guideline value increased by 50% to Rs 250 per sq.ft in 2023, and it has remained the same in the 2024 revision, showing no change from the previous year.
The register has no figures for Kalanijar Street for the years 2002, 2003, and 2007. Thus, the only available figures are from the 2012, 2017, 2023, and 2024 revisions.
Guideline values in Karasangal
In Karasangal, there are 59 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 3,550 per sq.ft. The median guideline value for these streets is Rs 402 per sq.ft, placing Kalanijar Street's 2024 figure below that median.
- Kakkanji street: Rs 100 per sq.ft (2024)
- Jjs Shrivari Nilayam: Rs 2,200 per sq.ft (2024)
- Indira Gandhi Street: Rs 250 per sq.ft (2024)
- GSN Nagar: Rs 600 per sq.ft (2024)
- Lakshmana Narayana Perumal Koil Street: Rs 250 per sq.ft (2024)
- Lakshmi Nagar: Rs 600 per sq.ft (2024)
Stamp duty and registration fee for property in Kalanijar Street
For a 1,000 sq.ft plot at the current guideline value of Rs 250 per sq.ft, the total guideline value would be Rs 2,50,000. The stamp duty is charged at 7%, amounting to Rs 17,500, and the registration fee is 2%, which is Rs 5,000. Therefore, the total cost for stamp duty and registration fee would be Rs 22,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.
You can also use our stamp duty and registration fee calculator for more detailed calculations.
Which Sub Registrar Office covers Kalanijar Street?
The Sub Registrar Office that covers Kalanijar 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 Karasangal
The guideline value is a crucial factor in the registration process of property transactions in Karasangal. When buying or selling property, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that both parties comply with the legal requirements.
It is essential for buyers and sellers to be aware of the current guideline value, as it directly impacts the financial aspects of the transaction. Accurate knowledge of the guideline value helps in making informed decisions during property dealings.
Frequently asked questions
What is the current guideline value of Kalanijar Street?
The current guideline value of Kalanijar Street is Rs 250 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 250 per sq.ft in 2012 to Rs 167 per sq.ft in 2017, then back to Rs 250 per sq.ft in 2023 and 2024. The 2023 to 2024 revision saw no change.
What are the guideline values for other streets in Karasangal?
Other streets in Karasangal have varying guideline values, with rates ranging from Rs 100 to Rs 3,550 per sq.ft. The median for these streets is Rs 402 per sq.ft.
What is the stamp duty for property in Kalanijar Street?
The stamp duty for property in Kalanijar Street is charged at 7% of the guideline value or the sale price, whichever is higher. For a 1,000 sq.ft plot, the stamp duty would be Rs 17,500.
Where is the Sub Registrar Office for Kalanijar Street located?
The Sub Registrar Office for Kalanijar Street is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.
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