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Guideline Value

Corporate

Guideline Value for NIRMAL NAGAR (PER)

₹661/sq.ft.

The guideline value for Nirmal Nagar (per) in Peramanoor village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 661 per sq.ft, effective 1 July 2024. It was Rs 600 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Peramanoor

Village

Chengleput Joint II

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹661 /sq.ft.
From 1-4-2023 ₹600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹402 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /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 Nirmal Nagar (per)

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Nirmal Nagar (Per) guideline value

The current guideline value of Nirmal Nagar (Per) is Rs 661 per sq.ft, effective from 1 July 2024. This area is located in Peramanoor village under the Chengleput Joint II SRO and is classified as Residential Class I Type - III.

How the guideline value of Nirmal Nagar (Per) has changed

Over the years, the guideline value for Nirmal Nagar (Per) has seen several revisions. The 2012 revision set the value at Rs 600 per sq.ft, which remained unchanged until the 2017 revision, where it dropped to Rs 402 per sq.ft. Following this, the 2023 revision increased the value to Rs 600 per sq.ft, and the most recent 2024 revision has further increased it to Rs 661 per sq.ft. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, there was a significant increase of 49%. The overall change from 2012 to 2024 reflects a modest increase of 10%.

Guideline values in Peramanoor

In Peramanoor village, there are 430 streets under the Chengleput Joint II SRO, with guideline values ranging from Rs 550 to Rs 2,200 per sq.ft. The median value for these streets is Rs 1,100 per sq.ft, placing Nirmal Nagar (Per) below this median.

Stamp duty and registration fee for property in Nirmal Nagar (Per)

For a 1,000 sq.ft plot at the current rate of Rs 661 per sq.ft, the guideline value would be Rs 6,61,000. The stamp duty at 7% would amount to Rs 46,270, and the registration fee at 2% would be Rs 13,220, totaling Rs 59,490. It is important to 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 Nirmal Nagar (Per)?

The Sub Registrar Office that covers Nirmal Nagar (Per) 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 Peramanoor

The guideline value plays a crucial role in property transactions in Peramanoor. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees, ensuring that both parties are aware of the financial obligations involved in the transaction.

At the time of registration, the guideline value is considered the minimum value for the property, and the fees are calculated based on this value or the sale price, whichever is higher. This ensures that the registration process is transparent and fair for all parties involved.

Frequently asked questions

What is the current guideline value of Nirmal Nagar (Per)?

The current guideline value of Nirmal Nagar (Per) is Rs 661 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 402 per sq.ft in 2017, then increased to Rs 600 per sq.ft in 2023, and finally to Rs 661 per sq.ft in 2024.

What are the other streets in Peramanoor with their guideline values?

Other streets in Peramanoor include Nh2 Extension (Ward -7) at Rs 1,320 per sq.ft, Nvignesh Nagar Ninnaikarai (Ward -19) at Rs 661 per sq.ft, New Balaji Nagar Barathiar Street (Ward -3) at Rs 990 per sq.ft, Nethaji Street (Ward -8) at Rs 1,320 per sq.ft, Om Sakthi Street (Per) at Rs 661 per sq.ft, and Om Sakthi Street (Ward -15) at Rs 550 per sq.ft.

What is the stamp duty for property in Nirmal Nagar (Per)?

The stamp duty for property in Nirmal Nagar (Per) is calculated at 7% of the guideline value or sale price, whichever is higher. For example, a plot valued at Rs 6,61,000 would incur a stamp duty of Rs 46,270.

Which office handles the registration for Nirmal Nagar (Per)?

The Chengleput Joint II Sub Registrar Office handles the registration for Nirmal Nagar (Per), located at 10, Kancheepuram Main Road, Chengalpattu 603 002.