Guideline Value for NTREE Nagar
₹500/sq.ft.
The guideline value for Ntree Nagar in Thodukadu village (Sriperumpudur SRO, Chengalpattu zone) is Rs 500 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Thodukadu
Village
Sriperumpudur
SRO
Residential Special Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹500 /sq.ft. |
| From 1-4-2023 | ₹500 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹335 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹500 /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 Ntree Nagar
- 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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NTREE Nagar guideline value
The current guideline value of NTREE Nagar is Rs 500 per sq.ft, effective from 1 July 2024. This locality is situated in Thodukadu village, under the Sriperumpudur SRO, and is classified as Residential Special Type - I.
How the guideline value of NTREE Nagar has changed
The guideline value for NTREE Nagar has undergone several revisions over the years. The 2012 revision set the value at Rs 500 per sq.ft, which remained unchanged in the 2017 revision, where it was also Rs 500 per sq.ft. However, the 2017 revision marked a significant change from the 2012 value of Rs 500 per sq.ft to Rs 335 per sq.ft, reflecting a decrease of 33%. Following this, the 2023 revision maintained the value at Rs 500 per sq.ft, and the current 2024 revision continues this trend with a value of Rs 500 per sq.ft, indicating no change from the previous year.
In summary, from the 2012 revision to the 2024 revision, the overall guideline value has remained stable at Rs 500 per sq.ft, with a notable increase of 49% from Rs 335 per sq.ft in 2017 to Rs 500 per sq.ft in 2023. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.
Guideline values in Thodukadu
In Thodukadu, there are 24 streets under the Sriperumpudur SRO with a 2024 guideline value ranging from Rs 200 to Rs 1,250 per sq.ft. The median guideline value for these streets is Rs 400 per sq.ft, positioning NTREE Nagar's 2024 figure above this median.
- Om Nagar - I: Rs 400 per sq.ft (2024)
- Om Nagar - II: Rs 400 per sq.ft (2024)
- Om Nagar - III: Rs 400 per sq.ft (2024)
- Om Nagar - IV: Rs 400 per sq.ft (2024)
- PalliKooda theru: Rs 500 per sq.ft (2024)
- Parangusapuram: Rs 300 per sq.ft (2024)
Stamp duty and registration fee for property in NTREE Nagar
For a 1,000 sq.ft plot at the current guideline value of Rs 500 per sq.ft, the total guideline value would be Rs 5,00,000. The stamp duty at 7% would amount to Rs 35,000, and the registration fee at 2% would be Rs 10,000, totaling Rs 45,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers NTREE Nagar?
The Sub Registrar Office that covers NTREE Nagar 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 Thodukadu
The guideline value is a crucial factor in the registration process for property transactions in Thodukadu. It serves as a benchmark for determining the stamp duty and registration fees that buyers and sellers must pay during the registration of property transactions.
When a property is bought or sold, the guideline value helps ensure that the transaction is registered at a value that reflects the current market conditions. This value is used to calculate the applicable fees, ensuring transparency and compliance with local regulations.
Frequently asked questions
What is the current guideline value of NTREE Nagar?
The current guideline value of NTREE Nagar is Rs 500 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has remained stable at Rs 500 per sq.ft from 2012 to 2024, with a significant increase from Rs 335 per sq.ft in 2017 to Rs 500 per sq.ft in 2023.
What is the land classification for NTREE Nagar?
NTREE Nagar is classified as Residential Special Type - I, indicating its suitability for residential purposes.
What are the other streets in Thodukadu?
Other streets in Thodukadu include Om Nagar - I, Om Nagar - II, Om Nagar - III, Om Nagar - IV, PalliKooda theru, and Parangusapuram, with guideline values ranging from Rs 300 to Rs 500 per sq.ft in 2024.
Where is the Sub Registrar Office for NTREE Nagar located?
The Sub Registrar Office for NTREE Nagar is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.
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