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Guideline Value for NAGATHAMMAN KOIL SATHYVANIMUTHU 2ND LANE

₹2700/sq.ft.

The guideline value for Nagathamman Koil Sathyvanimuthu 2nd Lane in Perambur village (Purasaivakkam SRO, Chennai zone) is Rs 2700 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Class Iii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Perambur

Village

Purasaivakkam

SRO

Residential Class III Type - II
History
Period Guideline Value
From 1-7-2024 ₹2700 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹2500 /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)

93/1, Bricklin Road, Otteri, Chennai- 600 012.
044-26623514
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Nagathamman Koil Sathyvanimuthu 2nd Lane

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Nagathamman Koil Sathyvanimuthu 2nd Lane guideline value

The current guideline value for Nagathamman Koil Sathyvanimuthu 2nd Lane is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Perambur village under the Purasaivakkam SRO, classified as Residential Class III Type - II.

How the guideline value of Nagathamman Koil Sathyvanimuthu 2nd Lane has changed

The guideline value for Nagathamman Koil Sathyvanimuthu 2nd Lane has seen a revision from Rs 2,500 per sq.ft in 2012 to Rs 2,500 per sq.ft in 2023, indicating no change during that period. However, from 2023 to 2024, the guideline value increased by 8% to reach Rs 2,700 per sq.ft.

Overall, from 2012 to 2024, the guideline value has increased by 8%. The revisions for the years 2002, 2003, 2007, and 2017 have no figures recorded for this street.

Guideline values in Perambur

In Perambur, there are 1,114 streets under the Purasaivakkam SRO with a 2024 guideline value range from Rs 1,600 to Rs 7,100 per sq.ft. The median guideline value for these streets is Rs 2,700 per sq.ft, making the guideline value for Nagathamman Koil Sathyvanimuthu 2nd Lane equal to this median.

Stamp duty and registration fee for property in Nagathamman Koil Sathyvanimuthu 2nd Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value would be Rs 27,00,000. The stamp duty at 7% would amount to Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, making the total charges Rs 2,43,000. Please note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Nagathamman Koil Sathyvanimuthu 2nd Lane?

The Nagathamman Koil Sathyvanimuthu 2nd Lane falls under the jurisdiction of the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Perambur

The guideline value is a crucial factor in the registration process when buying or selling property in Perambur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is recorded at a fair value.

When a property is sold, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Nagathamman Koil Sathyvanimuthu 2nd Lane?

The current guideline value for Nagathamman Koil Sathyvanimuthu 2nd Lane is Rs 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2012, the guideline value has remained Rs 2,500 per sq.ft until 2023. In 2024, it increased to Rs 2,700 per sq.ft, marking an overall increase of 8% from 2012 to 2024.

What is the land classification for Nagathamman Koil Sathyvanimuthu 2nd Lane?

Nagathamman Koil Sathyvanimuthu 2nd Lane is classified as Residential Class III Type - II.

Where can I find the Sub Registrar Office for this area?

The Purasaivakkam Sub Registrar Office, which covers Nagathamman Koil Sathyvanimuthu 2nd Lane, is located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 27,00,000, the stamp duty would be Rs 1,89,000 at 7%.