Guideline Value

Corporate

Guideline Value for NOOKAMPALAYAM ARASAN KALANI MAIN ROAD

₹2725/sq.ft.

The guideline value for Nookampalayam Arasan Kalani Main Road in Perumbakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 2725 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Perumbakkam

Village

Selaiyur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹2725 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
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)

No.36,bharathmatha Salai(opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur,chennai - 600 073.
044-22391102
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Nookampalayam Arasan Kalani Main Road

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Nookampalayam Arasan Kalani Main Road guideline value

The current guideline value of Nookampalayam Arasan Kalani Main Road is Rs 2,725 per sq.ft, effective from 1 July 2024. This road is located in Perumbakkam village, under the Selaiyur Sub Registrar Office (SRO). The land classification for this area is Residential Special Type - I.

How the guideline value of Nookampalayam Arasan Kalani Main Road has changed

The guideline value for Nookampalayam Arasan Kalani Main Road has seen several revisions over the years. The 2012 revision set the value at Rs 2,500 per sq.ft, which was then reduced to Rs 1,675 per sq.ft in the 2017 revision. However, the value increased significantly to Rs 2,500 per sq.ft in the 2023 revision, and now stands at Rs 2,725 per sq.ft in the 2024 revision, marking a 9% increase from the previous year.

From 2017 to 2023, the guideline value increased by 49%, while the change from 2012 to 2017 was a decrease of 33%. Overall, from 2012 to 2024, the guideline value has increased by 9%. It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for this street.

Guideline values in Perumbakkam

In Perumbakkam, there are 225 streets under the Selaiyur SRO that carry a 2024 guideline value ranging from Rs 850 to Rs 4,800 per sq.ft. The median guideline value for these streets is Rs 2,725 per sq.ft, which is the same as the current value for Nookampalayam Arasan Kalani Main Road.

Stamp duty and registration fee for property in Nookampalayam Arasan Kalani Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 2,725 per sq.ft, the total guideline value would be Rs 27,25,000. The stamp duty at 7% would amount to Rs 1,90,750, and the registration fee at 2% would be Rs 54,500, bringing the total fees to Rs 2,45,250. It is essential to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Nookampalayam Arasan Kalani Main Road?

The Nookampalayam Arasan Kalani Main Road falls under the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a critical factor in the registration process when buying or selling property in Perumbakkam. It serves as the baseline for determining the stamp duty and registration fees applicable to the transaction.

During the registration of property, the guideline value is compared with the sale price. The higher of the two is used to calculate the applicable duties and fees, ensuring that all transactions are aligned with the established values set by the Registration Department.

Frequently asked questions

What is the current guideline value of Nookampalayam Arasan Kalani Main Road?

The current guideline value of Nookampalayam Arasan Kalani Main Road is Rs 2,725 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,500 per sq.ft in 2012 to Rs 1,675 per sq.ft in 2017, then back to Rs 2,500 per sq.ft in 2023, and currently to Rs 2,725 per sq.ft in 2024.

What is the land classification for Nookampalayam Arasan Kalani Main Road?

The land classification for Nookampalayam Arasan Kalani Main Road is Residential Special Type - I.

What are the stamp duty rates applicable?

The stamp duty rate is 7% of the guideline value or sale price, whichever is higher. The registration fee is 2% of the same value.

Where can I find the Selaiyur Sub Registrar Office?

The Selaiyur Sub Registrar Office is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073.