Guideline Value for Nallamperumbedu

Nallamperumbedu guideline value

The current guideline value of Nallamperumbedu is Rs 175 per sq.ft, effective from 1 July 2024. This village falls under the Sriperumpudur SRO and is classified as Residential Special Type - II.

How the guideline value of Nallamperumbedu has changed

Over the years, the guideline value of Nallamperumbedu has seen several revisions. The 2012 revision set the value at Rs 175 per sq.ft, which remained unchanged in the subsequent revisions of 2017 and 2023. The 2017 revision marked a significant increase to Rs 117 per sq.ft, reflecting a 50% rise from the previous figure. However, the register has no figure for the years 2002, 2003, and 2007.

In the 2024 revision, the guideline value returned to Rs 175 per sq.ft, showing no change from 2023. Overall, from 2012 to 2024, the guideline value has remained stable, with no net increase during this period.

Guideline values in Nallamperumpedu

In Nallamperumpedu, there are five streets under the Sriperumpudur SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 200 per sq.ft. The current value of this street is below the median of Rs 200 per sq.ft. The other streets in Nallamperumpedu are as follows:

• Kamarajar Nagar: Rs 100 per sq.ft (2024)
• Ishwarya Nagar: Rs 200 per sq.ft (2024)
• Vijaya Nagar: Rs 200 per sq.ft (2024)
• Vijaya Nagar Extn: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Nallamperumbedu

For a 1,000 sq.ft plot at the current rate of Rs 175 per sq.ft, the guideline value amounts to Rs 1,75,000. The stamp duty at 7% would be Rs 12,250, and the registration fee at 2% would be Rs 3,500, totaling Rs 15,750. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Nallamperumbedu?

The Sub Registrar Office covering Nallamperumbedu 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 Nallamperumbedu

The guideline value is a critical factor when registering property transactions in Nallamperumbedu. It determines the minimum value on which stamp duty and registration fees are calculated, ensuring compliance with local regulations.

When buying or selling property, the guideline value serves as a reference point for both parties. It is essential to be aware of the current guideline value to avoid discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Nallamperumbedu?

The current guideline value of Nallamperumbedu is Rs 175 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 175 per sq.ft from 2012 to 2024, with a notable increase to Rs 117 per sq.ft in 2017, followed by a return to Rs 175 in 2024.

What are the other streets in Nallamperumpedu?

Other streets in Nallamperumpedu include Kamarajar Nagar at Rs 100 per sq.ft, Ishwarya Nagar, Vijaya Nagar, and Vijaya Nagar Extn, all at Rs 200 per sq.ft for 2024.

How is stamp duty calculated in Nallamperumbedu?

Stamp duty in Nallamperumbedu is calculated at 7% of the guideline value or the sale price, whichever is higher. Registration fees are charged at 2% of the guideline value.

Where can I find the Sub Registrar Office for Nallamperumbedu?

The Sub Registrar Office for Nallamperumbedu is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find more information online.